Bitcoin (BTC) broke the indirect resistance level of $38,000 on November 24, indicating that sentiment is positive and the bulls are continuing to apply pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that “the next two years are going to be good” and that market activity is likely to pick up in early 2024.The main catalysts for next year are the Bitcoin halving in April and applications for Bitcoin spot exchange-traded funds, some of which have decision deadlines in January. With two major events approaching, Bitcoin is likely to find buyers on the downside.Daily cryptocurrency market performance. source: Coin360Analysts expect…
Author: Crypto Flexs
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In recent years presentationTether (USDT) and sister company Bitfinex declared their decision to withdraw their opposition to a New York Freedom of Information Act (FOIL) request filed by a group of journalists, including Bloomberg Businessweek’s Zeke Faux. that much FOIL request It involves Tether and Bitfinex agreeing to pay an $18.5 million fine with the New York Attorney General (NYAG) to resolve a two-year lawsuit over alleged commingling of $850 million in customer and company funds. the company behind largest stablecoin Based on trading volume, Tether said it has demonstrated its commitment to transparency through past actions, including withdrawing its…
Binance Labs and BNB Chain Launch New Founder-Focused Track to Incubate 100 Early-Stage Projects – Chainwire housenewsroomBinance Labs and BNB Chain Launch New Founder-Focused Track to Incubate 100 Early-Stage Projects We use cookies to make your experience on Chainwire’s website better. Cookies help us give you 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…
Cutting Losses, Painful Lessons from the DeFi Rollercoaster The METF price is $1.01 as of November 16, 2023. As I continue my journey peeling back layers of losses in the unpredictable realm of crypto, one particular experience with DeFi stands out vividly in my memory. *Sponsor link: Financial Freedom for All of Us It was in early March 2022 that METF, a seemingly irresistible project, debuted on the Cronos chain. Like a teenager seduced by the charms of a new crush, I was hooked and hooked by the promise of this revolutionary endeavor. Let me guide you through my journey.…
“Based on all relevant facts, including Mr. Zhao’s voluntary suicide, his intention to resolve this case, and the substantial bail package he was offered, Judge Tsuchida determined that Mr. Zhao was not a flight risk, even while residing in Australia and the UAE,” the filing said. It is written in
XRP price may be heading towards bullish momentum with the possible launch of multiple ETPs and the expected launch of Valour’s XRP ETP in European markets next month. Valor XRP ETP to enter European markets Valour, a publicly traded company backed by cryptocurrency-based software organization DeFi Technologies, has announced its new XRP Exchange Traded Product (ETP). In a press release issued Wednesday, DeFi Technologies said: Valour’s XRP ETP launch in December 2023. Popular YouTuber, Jack Rector In a recent YouTube video, it was stated that the token is positioned to capitalize on massive liquidity flows resulting from the launch of…
SafeMoon founders were arrested. Kyle Nagy. The charges include wire fraud and money laundering. There are also charges of embezzlement and defrauding investors. In a significant development, the founders of SafeMoon, a decentralized finance digital asset, have faced criminal charges in the United States. Braden John Karony and Thomas Smith were arrested and Kyle Nagy remains incarcerated. The U.S. Attorney’s Office for the Eastern District of New York charged them with fraud and money laundering. Arrests and Charges Two individuals from SafeMoon LLC, Braden John Karony and Thomas Smith, were arrested in Provo, Utah, and Bethlehem, New Hampshire, respectively. They…
To capture the new tokenization trend, popular cryptocurrency and meme coin Floki is set to launch TokenFi, appropriately named “TOKEN”. The tokenization industry is making waves and is expected to grow into a massive $16 trillion sector by 2030. This radical change has even been praised by financial giant BlackRock, which manages a massive $10 trillion in assets, calling it “the next evolution of markets.” Excitement is soaring, especially as 2024 approaches, with cryptocurrency exchanges, institutional investors, and industry leaders predicting tokenization as a catalyst for mainstream cryptocurrency adoption. Major exchanges such as Binance and KuCoin have already published research…
recent presentation Wallet of Satoshi (WoS) withdrawing its app from the US Apple and Google app stores and ceasing service to US customers marks a major change in the Bitcoin wallet landscape. This decision reflects the increasingly challenging regulatory environment in the United States, which affects not only WoS but also other cryptocurrency service providers. In a similar vein, GameStop, known for its video game retailing, shut down its cryptocurrency wallet service due to the uncertain regulatory environment in the United States. Launched just over a year ago, the service integrates with Ethereum’s layer 2 scaling protocol to allow users…
introductionDigital currencies have gained significant interest and adoption in recent years, but scalability remains a pressing challenge. As cryptocurrencies like Bitcoin, Ethereum, and Ripple gain popularity, the ability to handle increasing transaction volumes has become critical to their long-term survival. In this article, we will examine the scalability challenges faced by these popular digital currencies and explore the solutions and approaches being implemented to address them. If you would like to learn more about investing, you may want to visit some of the following investment education companies: Instant Eurax Pro platform.Understanding the scalability of digital currenciesIn the context of digital…