2023 has been a difficult year in the cryptocurrency business, with 2022 leading to major losses and many bankruptcies, leading to mixed happiness with major events causing sleepless nights for many. There was an optimistic mood among investors as they looked forward to 2024, a year full of fun and exciting times in the cryptocurrency market.Cryptocurrency Trends: Two Weeks of ChangeFor example, a recent resurgence is Bitcoin, whose price has risen amid various macroeconomic factors. But while the U.S. has positive data, fears of a new outbreak in China have raised questions about another global pandemic. Meanwhile, speculation is rampant…
Author: Crypto Flexs
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Barriers and drivers of blockchain adoption in emerging markets: A large-scale text analysis and survey experiment with African regulators and citizens.Eliza R Oak, AS Emmanuel Joel Aikins Abaca& Muhammad AbdullahYale, University of Ghana, UniSZA, MalaysiaTo identify key drivers and barriers to blockchain adoption across Africa, the project proposes to systematically collate data through digital tracking data, surveys and interviews. The project aims to build a country-level blockchain attitude adoption index for all African countries by collecting data from social media, news articles and Google search trends and compare this to measures of financial sector stability. This study will specifically focus…
Bitcoin price started a new rise above the $37,000 resistance zone. A clear move above the resistance level of $37,350 could push BTC higher. Bitcoin started a new increase at the $35,500 support zone. The price is trading above $36,700 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline forming with support near $36,720. Clearing $37,350 and $38,000 could allow the pair to continue rising towards $40,000. Bitcoin price rises again Bitcoin price found support near $35,500 after a steady decline. BTC bulls were active above the…
Ethereum (ETH) is struggling to maintain the $2,000 support as of November 27, after its third attempt to breach $2,100 in 15 days failed. This drop in Ether performance comes as broader cryptocurrency market sentiment worsens. Recent developments, such as the US Department of Justice (DOJ) signaling potentially serious repercussions for Binance founder Changpeng “CZ” Zhao, have likely contributed to the negative outlook.In papers filed Nov. 22 in federal court in Seattle, U.S. prosecutors requested a review and reversal of a judge’s decision to allow CZ to return to the United Arab Emirates on $175 million bail. The Justice Department…
Lipto. Bitcoin. NFTs. It’s all over the news (and changing the world), but we don’t blame you if you’re a little (no pun intended) confused. Cindy Chin, co-founder of CLIPr (and member of NASA Datanauts), and Wasim Ahmad, Chief Crypto Officer at Vault12, join us for this introduction.
The gaming-focused Ethereum (ETH) sidechain is integrating with Binance Pay as a means of making it easier for consumers to fund their wallets. In a new blog post, Ethereum sidechain Ronin (RON) revealed that it is working with the world’s largest cryptocurrency exchange to make it easier to fund Ronin cryptocurrency wallets. According to Ronin, Binance Pay was chosen because it has a mechanism in place for traders to access funds on Binance and use them outside of cryptocurrency exchanges. “Over the past few weeks, we’ve seen the question pop up again and again: ‘How do I onboard my funds…
A US district court has warned the US SEC about a series of misinterpretations in its charges against cryptocurrency company Debt Box. The court threatened formal sanctions if the regulator failed to substantiate its claims. Court questions SEC lawyers’ inaccuracies in cryptocurrency case U.S. District Judge Robert Shelby has called out lawyers for the U.S. Securities and Exchange Commission (SEC) over several inconsistencies in statements and claims made against Debt Box, a blockchain technology network. In early August 2023, the SEC received the following warrants: Temporary Asset Freeze and Restraining Order against Debt Box. According to the SEC, Debt Box…
Buterin Card NFT collections resulted in a 13% increase in gas fees on the Ethereum (ETH) network. Over the past 24 hours, transactions related to collections have resulted in fees totaling 318.31 ETH, or $665,670. Buterin-themed NFT As of 3 PM ET on December 1, transactions linked to a new non-fungible token (NFT) project known as Buterin Cards accounted for more than 13% of all Ethereum network gas fees in less than three hours. It is known. Uniswap universal router address and Tether’s public address according to Etherscan data. The surge in fees is a result of increased demand for…
Posted 1 minute ago In ~ Grayscale Investments has added former Invesco ETF lead John Hoffman to its team as the digital asset manager continues its efforts. Remodeling the flagship G BTC + Invest in spot Bitcoin exchange-traded fund. Hoffman previously led Invesco’s Americas ETF team. According to his LinkedIn profile, he now takes on a new role at Grayscale as managing director and head of distribution and strategic partnerships. “We are very excited to have Hoffman join the team,” Grayscale CEO Michael Sonnenshein said at X on Friday.“The Grayscale team is very excited to have John Hoffman join us…
It was another eventful week in the cryptocurrency space.Bitcoin continued to hit highs not seen since the digital asset crash in May 2022. The largest virtual coin reached $39,000 on Friday before falling again.According to CoinGecko, it is currently trading at $38,806 per coin. This represents an increase of approximately 1% in 24 hours. It rose 3% in one week.The surge in assets is likely due in part to the Fed’s dovish outlook. Governor Christopher J. Waller said Tuesday that while U.S. inflation remains high, “we are increasingly confident that current policies are well positioned to slow it down.” “Crash…