Bitcoin advocate Michael Saylor, co-founder of MicroStrategy, believes the approval of a Bitcoin spot exchange-traded fund (ETF) could be the most significant development on Wall Street since the creation of the S&P 500 index fund in the early 1990s. In an interview with Bloomberg, Saylor said the impact of approving a spot Bitcoin ETF would open the opportunity to provide mainstream retail and institutional investors with a “high-bandwidth compatible channel” to invest in Bitcoin. He likened this to the historical significance of the S&P 500 index fund, which allows investors to invest in all S&P 500 companies in one trade.Saylor…
Author: Crypto Flexs
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A video was recently released showing the involvement of big banks in drafting the Digital Asset Anti-Money Laundering Act proposed by Senators Roger Marshall and Elizabeth Warren. First introduced in December 2022, the bill has received significant attention due to its potential impact on the cryptocurrency sector. In a revealing video, Senator Roger Marshall said he and Senator Elizabeth Warren approached the American Bankers Association (ABA) for help in enacting digital asset anti-money laundering legislation. This intervention by big banks has raised eyebrows in the cryptocurrency community, with Coinbase CEO Brian Armstrong expressing disappointment at the senators’ apparent alignment with…
Ripple Markets Ireland Limited, the Irish subsidiary of cryptocurrency payments company Ripple, received approval from the Central Bank of Ireland on December 19 to operate as a virtual asset services provider.According to the statement, the registration will enable Ripple to offer certain digital asset services within Ireland and paves the way for the company to offer these services to customers across the European Economic Area once the regulated market for cryptocurrency assets comes into effect in late 2024. opened. .If it obtains additional necessary approvals, Ripple general counsel Stuart Alderoty previously said it could “pass” a European license to the…
I am developing a Bitcoin wallet (testnet) in Python using the Cryptos library. I started integrating support for deterministic wallets and mnemonic words. Now users can generate addresses, addresses and private keys stored in an encrypted sqlite3 database file, and generate addresses and public keys in a simple sqlite3 file. How can I effectively implement an algorithm that generates trades using multiple inputs? The library has built-in features such as unused (addresses are represented as UTXOs). I understand that I need to loop through the utxo and then select a private key for signing. But is there a more efficient…
Coinbase, the largest cryptocurrency exchange in the United States, Escalated It is a legal confrontation with the U.S. Securities and Exchange Commission (SEC). This important legal battle unfolding in the Third Circuit is not just a corporate dispute, but a defining moment in the broader discussion about cryptocurrency regulation in the United States. Coinbase’s active appeal Coinbase’s legal troubles stem from the SEC’s refusal to respond to its petition for rulemaking on cryptocurrencies. After 18 months of silence from the SEC, Coinbase forced the courts to respond, echoing industry calls for clearer regulatory guidance. Paul Grewal, Coinbase’s chief legal officer,…
More details about What happened in the meantime Ethereum’s Initial Coin Offering (ICO) has been revealed. This time another Ethereum Insider That’s making damning revelations that could threaten the country. Stability of the Ethereum ecosystem 70% of pre-mined ETH has been distributed. Video by former Ethereum core developer Lane Rettig surfaced recently On the X (formerly Twitter) platform. In the video, Rettig mentioned that 70% of the pre-mined ETH was distributed immediately. The developer also seems to suggest that most of these decentralized tokens were delivered to the Ethereum founders. Such revelations are undoubtedly certain to reopen the conversation Regarding…
The Shiba Inu team has partnered with domain company D3. The parties involved will work together to help Shiba Inu set up the first SHIB domain for its website and email. Meme Coin aims to apply for a TLD (top level domain) for .shib through ICANN. The non-profit organization is known for maintaining various aspects of the Internet. Unstoppable Domains and Ethereum Name Service already provide services for requesting domain names ending in .crypto or .eth. However, these domains can only link to cryptocurrency wallets and not to websites accessible through a browser. Until now, crypto-themed domain names are not…
This document is intended for the beginner Scala3 developer who is already versed in Scala prose, but is puzzled about all the `implicits` and parameterized traits in the code. This document explains the why, how, where and when of Type Classes (TC). After reading this document the beginner Scala3 developer will gain solid knowledge to use and dive into the source code of a lot of Scala libraries and start writing idiomatic Scala code. Let’s start with the why … The expression problem In 1998, Philip Wadler stated that “the expression problem is a new name for an old problem”.…
7RCC, an ESG-focused company, recently filed for a spot Bitcoin exchange-traded fund (ETF), taking an important step forward in converging cryptocurrency investing and environmental sustainability. This innovative financial product aims to cater to investors who are increasingly focusing on environmental, social and governance (ESG) criteria in their investment decisions. The key to the 7RCC Bitcoin ETF is its unique investment structure. The fund allocates 80% of its capital base to actual Bitcoin (BTC) investments and the remaining 20% to carbon credit futures. The structure is designed to offset the environmental impacts associated with Bitcoin mining, which has traditionally been the…
In the cryptocurrency space, seasoned traders are often looking for the next big winner in the sea of digital assets. While Bitcoin continues to dominate the headlines, you will find that alternatives and trends such as phantom price movements provide a compelling story of growth and innovation. Navigating the ebbs and flows of altcoin tides requires a powerful platform that can handle the complexities of using advanced financial tools. Platforms like Bybit have emerged as powerful allies for traders, offering an array of services tailored to the vibrant altcoin market.Leverage altcoin futures on a cutting-edge platformExploiting the world of altcoins…