Rumors are swirling that the SEC may approve the first Bitcoin exchange-traded fund (ETF) on Friday, January 5, pushing the cryptocurrency into the Wall Street mainstream. The speculation stems from cryptic tweets from industry insiders and reported meetings between the SEC and major stock exchanges. key point Fueled by tweets from industry insiders, speculation is growing that the SEC could approve a spot Bitcoin ETF as early as Friday, January 5. But some analysts think approval is more likely next week. The SEC is scheduled to meet this week with major stock exchanges such as the NYSE and Nasdaq, where…
Author: Crypto Flexs
The Central Bank of Nigeria (CBN) has approved cNGN stablecoin trials within the innovative regulatory sandbox of the African Stablecoin Consortium (ASC). Scheduled for launch on February 27, 2024, this significant development marks a transformative moment for Nigeria’s financial sector and represents a landmark development in the country’s approach to digital currencies. cNGN Stablecoin connecting traditional and digital finance The cNGN stablecoin is a joint creation of various Nigerian banks, fintech operators and blockchain experts under ASC. One of the key attributes of cNGN is that it is pegged one-to-one with Nigeria’s fiat currency, the Nigerian Naira. This peg ensures…
There is great interest in the Bitcoin price trajectory in 2024. This is especially true considering the possibility of approval of a spot Bitcoin ETF (Exchange Traded Fund). Some analysts are predicting a landmark year for Bitcoin, with the potential for it to hit new all-time highs. AllianceBernstein’s Bitcoin Price Prediction Optimism about Bitcoin’s performance in 2024 stems from a confluence of factors. Bitcoin in particular surged more than 150% in 2023, and had an impressive rally reaching $45,913 in early 2024. This is the highest since April 2022. Despite this price surge, Bitcoin remains more than 30% below its…
The stock exchange has rushed to file a new, revised Form 19b-4 for bids from asset managers including BlackRock and Fidelity for a spot Bitcoin exchange-traded fund, as issuers move toward the finish line to win approval from the Securities and Exchange Commission. Indicates the most recent movement while sprinting. . As Friday came to a close, new filings were also filed for proposed funds from Grayscale Investments, Valkyrie, ARK 21Shares and Invesco. Cboe BZX exchange also submitted forms to VanEck, WisdomTree, Pando Asset AG and Franklin Templeton.The move made sense as market observers had expected the updated filing to…
Online casino games are gaining real-time popularity in Slovenia. Thanks to the Fairness Act announced by the government, a variety of games are available. Under the Gambling Act 1995, you can choose any type of game available to win.As payment options and number of games increase, so do internet casinos. The review of casino online slovenia The platform helps players decide which site to log into. We provide you with a list of reliable websites that offer popular games and generous bonuses. Let’s discuss what are the popular casino titles in Slovenia so that you can find them on trusted…
Nasdaq has filed an amendment to BlackRock and Valkyrie’s spot Bitcoin exchange-traded fund (ETF) 19b-4 filing, nearing its approval deadline this coming Wednesday. The filing of this amendment marks the next step in the regulatory process and indicates that a bidding process is underway to secure approval from the U.S. Securities and Exchange Commission (SEC).Nasdaq’s latest amendment filing for the BlackRock and Valkyrie Spot Bitcoin ETF represents stepped-up efforts to address regulatory inquiries and concerns within a specified time period. As the approval deadline approaches, the filing of amendments highlights Nasdaq’s commitment to refine and finalize the proposal and align…
Early 2024 looks promising for the Maker (MKR) coin due to increased activity and positive on-chain data, suggesting a potential upward trend. The number of active daily addresses has increased significantly since the beginning of the year, indicating increased user engagement. The number of addresses currently trading MKR has increased by 4%, reaching over 600 addresses. Additionally, new addresses for MKR trading increased by over 5%, providing more room for growth and liquidity in the ecosystem. The graph depicting MKR daily active addresses shows a clear increase in activity, giving confidence in the positive outlook. MakerDAO, the driving force behind…
The Ethereum network is experiencing a surge in validator exits, with the number of validators in the exit queue reaching an all-time high of over 16,000 on January 5, according to on-chain data.As churn increased, unstaking wait times jumped to an average of 5.6 days. As of press time, approximately 15,140 validators are still in the queue.The surge was mainly driven by withdrawal requests from defunct CeFi lender Chelsea Network and staking provider Figment, which accounted for around 75% of all withdrawals in the queue.550,000ETHCelsius, which is currently undergoing restructuring procedures after declaring bankruptcy last year, has begun a large-scale…
the fact that someone has Impersonating Admiral Market It’s amazing. There are several reasons for this. However, the most recent incident has proven to be a serious problem as it marks the fifth time malicious actors have caused damage to brands and investors. that much UK FCA Now, many investors and customers have stepped in to prevent them from becoming victims of the scam. First of all, cloning a broker’s website or business poses a threat to the entire ecosystem. The stakes are high for customers and investors because they are forced to put their money into a system that…
YbCoin is a new cryptocurrency that is attracting attention in the digital currency world. With its unique features and growth potential, many investors are wondering if YbCoin could become the next big thing in the cryptocurrency market. In this article, we will uncover the secret power of YbCoin and explore what sets it apart from other cryptocurrencies. What is YbCoin? YbCoin is a decentralized digital currency launched in 2018. It is built on blockchain technology that enables fast and secure transactions. YbCoin uses a proof-of-stake consensus mechanism. This means that transactions are verified by participants who have a certain amount…