Although this is not approval from the Securities and Exchange Commission, the Fidelity Wise Origin Bitcoin Fund has been approved to list on the CBOE exchange, according to a new SEC filing.Of course, this depends on whether the SEC grants Fidelity the authority to offer a spot Bitcoin ETF to investors. As of now, there is still a week left for the SEC to approve, deny or postpone a decision.Bitcoin ETFs, which have been the white whale of the cryptocurrency market for the past decade, will give traditional investors exposure to Bitcoin without the need to purchase and store the…
Author: Crypto Flexs
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Ripple welcomed the idea of leveraging blockchain to settle international transactions. IT service companies are expected to feel a significant positive impact. According to Ripple estimates, global spending on IT services is expected to reach $1.5 trillion this year. Companies have begun to look overseas for new talent, thereby removing all geographical barriers to who works for them. However, concerns remain about payment methods. Companies say that spreading their global network helps them maintain a 24*7 operating model. What really causes the problem is the way payments are made. The challenges of cross-border trading are speed, cost, and success rates.…
Fidelity Investments has filed a securities registration for its spot Bitcoin ETF with the SEC. The company, which holds over $4.5 trillion in assets, filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to register the Fidelity Wise Origin Bitcoin Fund. The filing marks a move to make the fund a publicly traded security, a milestone for Fidelity and the broader acceptance of digital assets in traditional investment portfolios. Fidelity’s Form 8-A filing | secretary The filing comes at a turbulent time for the cryptocurrency market as the cryptocurrency market suffered more than $540 million in liquidation losses…
Posted 1 minute ago In ~ According to CoinDesk, citing anonymous sources, investment firm Goldman Sachs is in talks with BlackRock and Grayscale Investments to take on a key role in a spot Bitcoin exchange-traded fund (ETF). It is said that they are discussing it.If approved, Goldman Sachs could act as an “accredited participant” in BlackRock and Grayscale Investments’ spot Bitcoin ETF. That means Wall Street giants “are permitted to purchase and redeem shares directly from ETFs,” the Securities and Exchange Commission explains. document.No spot Bitcoin ETF has yet been approved by the SEC, but experts suggest regulators will make…
Due to Polygon’s increased network activity, zkEVM’s daily gas usage has skyrocketed. zkEVM’s network statistics have remained lower than the zkSync Era, despite recent gains. The last month of 2023 was truly happy. Polygon (MATIC) There is a surge in network activity on zkEVM. The increase in network activity indicates a significant surge in adoption and usage. As we welcome the new year, let’s take a closer look at zkEVM’s network statistics to see if the same trend will continue in January 2024. Polygon zkEVM’s performance in December Today In Polygon, a popular X (formerly Twitter) handle, noted in a…
We do our best to ensure that all the games we offer are available in as many countries and currencies as possible. However, this is not always the case due to legal requirements in the country where the game provider is located, or simply due to the preferences of that provider. But today we are one step closer to the dream of wider accessibility. We are pleased to announce that Red Tiger and NetEnt have decided to offer cryptocurrency betting on their respective games. Both providers have a large portfolio of games with tons of gems available for players. Before…
Cryptocurrencies have taken the financial world by storm, and it seems like new trends and developments are constantly emerging. For those looking to stay ahead of the curve and capitalize on the hottest cryptocurrency trends, it’s important to stay informed of industry trends and stay informed of insider secrets. In this article, we’ll take a look at the top cryptocurrency trends and insider secrets you need to know. The rise of decentralized finance (DeFi) One of the hottest trends in the cryptocurrency world is the rise of decentralized finance (DeFi). DeFi refers to using blockchain technology and cryptocurrency to reinvent…
New cryptocurrency project Pandoshi revolutionizes cryptocurrency with innovative staking mechanism and deflationary utility token – Chainwire housenewsroomNew cryptocurrency project Pandoshi has revolutionized cryptocurrency with its innovative staking mechanism and deflationary utility token. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications…
SOLANA: Boom time or blip? After plunging in price from over $200 in 2021 to under $10 in 2022, Solana’s SOL token has rebounded above $100 in recent months, making it one of the biggest beneficiaries of the recent cryptocurrency market surge. Solana Blockchain came under fire last cycle due to its close relationship with Sam Bankman-Fried and its uncertain record of network outages. Some saw SOL’s recent price rise as a sign of broader confidence in the ecosystem. This suggests that traders see messy company and performance issues as problems of the past. However, SOL’s gains were greatly accelerated…
Regulatory and Legislative Analysis – December 2023January 3, 2024Demetrios TseasRegulatory and Legislative Analysis – GLOBALEgmont Group releases report summary highlights for Terrorist Finance Risks of Virtual AssetsThe Egmont Group (EG) released its Public Summary Report on Abuse of Virtual Assets (VAs) for Terrorist Financing Purposes. The report places emphasis on pinpointing vulnerabilities associated with virtual assets (VAs), showcasing EG Financial Intelligence Units’ (FIUs) best practices to counter the exploitation of VAs for terrorist financing as VAs pose a potential threat for TF. The complexity of virtual assets tracing, coupled with the movement of funds for TF purposes, poses investigative challenges…