Bitcoin Maxis is giving itself a pat on the back following the launch of its Taproot Assets protocol for Bitcoin and Lightning. And they are quite right to do so. The Lightning Labs mainnet alpha launch last month was big news. So far, Ethereum and Tron have dominated smart contracts. Now, with this latest protocol, Bitcoin is ready to challenge its dominance and breathe new life into the network. This new feature marks an important moment in Bitcoin’s evolution by giving developers the tools they need to make Bitcoin a multi-asset network, allowing users to hold real-world assets, such as…
Author: Crypto Flexs
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According to the latest K33 Research report, approval for a spot Bitcoin ETF appears to have been “confirmed” in January, with an application update indicating that submitters have agreed to set up cash generation ahead of the January 10 deadline.Yesterday, BlackRock filed a revised S-1 filing with the Securities and Exchange Commission that includes a new cash redemption model that other analysts believe the SEC favors. However, there is room for an ‘in-kind’ process, subject to regulatory approval.BlackRock will likely want an in-kind redemption model that gives asset managers greater flexibility in managing their portfolios. However, the SEC reportedly favors…
The approval of spot Bitcoin ETFs will lead to a massive expansion of the Bitcoin lending market. This is because both traditional financial and cryptocurrency market makers can arbitrage not only the spot BTC price, but also the price differences between various investment vehicles. Until recently, some of the larger TradFi market makers did not participate in cryptocurrencies or Bitcoin because arbitrage opportunities forced them to participate in unregulated venues. With spot Bitcoin ETFs available from places like Nasdaq, Bitcoin derivatives on the Chicago Mercantile Exchange, and spot Bitcoin on regulated exchanges like Coinbase and Kraken, institutions now have all…
A notable recent observation is the significant correlation between the price action of XRP and XLM. This phenomenon has captured the attention of industry experts and investors alike, leading to in-depth investigation into the factors driving this trend. David Schwartz, Ripple’s Chief Technology Officer (CTO) weigh We cover liquidity aspects of XRP and XLM on this topic. However, despite the noticeable correlation, Schwartz argues that more liquidity is needed to trigger notable price correlation in the XRP/XLM market. This statement is based on data from CoinmarketCap, which shows the parallel price movements of these two cryptocurrencies over the past year.…
Hey there, DeFi enthusiasts! Let’s dive into the world of Pendle Protocol, a groundbreaking platform in the decentralized finance (DeFi) landscape. If you’re like me, always on the lookout for innovative and efficient ways to manage your crypto assets, Pendle is a game-changer you need to know about. What is Pendle Protocol? Pendle Protocol is a cutting-edge yield management platform in the DeFi space. It’s not just another protocol; Pendle stands out for its unique approach to handling yield-bearing assets. The protocol allows users to maximize their returns and engage in more sophisticated financial strategies, something we’ve been craving in…
In the ever-evolving Australian online casino landscape, choosing the right payment method is a critical element of your gaming experience. From the widespread use of PayID to the emergence of cryptocurrencies, players have a variety of options at their fingertips. Finding your ideal payment option requires a nuanced understanding of each method’s strengths and weaknesses and how they match up with your payment preferences.Understanding PayID: A Popular ChoiceUsing PayID at online casinos that emphasize speed and simplicity is the preferred choice for Australian players looking for the ideal payment option. PayID, linked directly to your bank account, allows for quick…
The SEC’s approval of a spot Bitcoin ETF in January is likely to be “confirmed” amid a flurry of updated S-1 filings from issuers like BlackRock, according to a K33 Research report. According to K33 Research, the U.S. Securities and Exchange Commission (SEC) is expected to sanction Bitcoin ETFs in early January after engaging in progressive discussions with the issuer regarding a preferential redemption model for the ETF. While not the most efficient structure for cash generation, the filer’s update is a further signal favorable to the ETF’s approval in the next three weeks. – K33 Research Report On December…
Posted 1 minute ago In ~ Cryptocurrency exchange OKX has fixed a vulnerability affecting its iOS wallet app through an update, an OKX spokesperson told The Block.From what was translated post On OKX’s Chinese social media pages, the platform said the bug affected third-party application service providers. No assets have been lost and bugs do not threaten the security of user assets. OKX urged users to update their iOS apps as soon as possible as the vulnerability is addressed in iOS version 6.45.0. web3 security analytics platform CertiK said Tuesday morning that OKX iOS users should update their apps as…
The second largest cryptocurrency by market capitalization, Ethereum, the crypto token in focus because this crypto analyst has 11 reasons why it was “programmed” to hit $10,000. Interestingly, one of the reasons he explains is: Recent major topics In the Ethereum ecosystem. Why Ethereum “Easily” Reaches $10,000 in post Altcoin Daily, a prominent cryptocurrency analyst on his deflationary state This is one of the reasons why you can “easily” reach $10,000. This has been a major talking point, even though the number of ETH burned continues to outpace the number of ETH minted. Because this is common sense, it is…
December 18, 2023, London, UK, Chainwire StrikeX We are proud to announce the successful launch of Swap V2, a groundbreaking update that simplifies the cryptocurrency exchange process. This release introduces new levels of functionality, security, and user-friendly design. StrikeX Wallet This is our journey to establish ourselves as a market leader. Swap V2 A sophisticated, secure and intuitive interface provides users with an unparalleled experience, allowing them to easily exchange any token. Whether you’re dealing with blue-chip cryptocurrencies or exploring newly launched tokens, Swap V2 in StrikeX Wallet Suitable for all preferences. Can’t find the token you want? No problem.…