ETF News Stimulates Markets, Coinbase Raises Crypto Army, and Napster Is Back in the Crypto Game. This week we bring you these stories and more in cryptocurrency. News about ETFs moved the market. ETF developments had a variety of impacts on the cryptocurrency market this week. Ether has soared on expectations that Valkyrie will soon expand its Strategy ETF to provide access to Ether futures along with the Bitcoin futures it already offers. However, as concerns grew about a U.S. government shutdown and the review of spot Bitcoin ETFs was delayed, Bitcoin prices plummeted. Nonetheless, Bitcoin ended the month on…
Author: Crypto Flexs
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Welcome to Finance Redefine, a newsletter designed to bring you the most important developments of the past week. A newsletter that delivers essential decentralized finance (DeFi) insights every week.The hackers who stole more than $46 million from DeFi protocol KyberSwap have revealed a list of demands, including full control of the Kyber company and all of its assets. The hackers gave the Kyber team a deadline to meet their demands. An Australian law firm described the DeFi tax guidelines issued by the country’s financial regulator as “toilet paper”. Cadena Legal told Cointelegraph that these guidelines could only confuse Australians and…
The special donation period for the KZG Awards ran from April 1 to 16, 2023. This allowed participants to donate in ways that would not have been possible during an open giving period. Although only one honest participant is needed to provide a secure result, special contributions provide additional guarantees beyond standard entropy contributions. Computing entropy in an isolated environment (e.g., wiping and physically destroying the hardware on an air-gapped computer) means that there is no possibility of a malicious entity extracting the entropy at any point.It is unlikely that all of the detailed documentation attached to the actual reputation…
Ethereum price remained above the $2,020 level. ETH is currently rising and the bulls appear to be targeting a move towards the $2,200 level. Ethereum is making new attempts to clear the $2,100 and $2,120 resistance levels. The price is trading above $2,050 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break occurred above a major contraction triangle with resistance near $2,055. A break above the $2,120 resistance area could provide bullish momentum. Ethereum price gains strength again Ethereum price began a downward correction below the $2,050 level. ETH tested the…
Zug, Switzerland, December 1, 2023, Chainwire TMN Global is proud to announce the successful listing of the native TMNG token on the MEXC cryptocurrency exchange starting December 1, 2023. This strategic partnership is an important milestone for TMN Global in the cryptocurrency space. EREA World AG has partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called TMNG, short for Technology Metal Network Global. EMH AG is a leader in the European commodity trading market. TMN Global is a platform that combines traditional investments in technical metals, rare earth metals and precious metals with the benefits of modern blockchain…
Ethereum (ETH) is trading higher on December 1 despite being unable to break the $2,100 resistance level. This level has prompted several rejections over the past three weeks, especially considering Ethereum’s 16.2% rise in November.Ethereum 12-hour price index, USD. Source: TradingViewHowever, the current positive momentum is supported by several factors, including spot ETF applications and the expansion of the Ethereum ecosystem by layer 2 solutions.ETH benefits from ETF expectations and negative news related to competing blockchains.A pivotal development occurred on November 30th when the U.S. Securities and Exchange Commission (SEC) began the review process for Fidelity’s proposed spot Ether ETF…
Bitcoin (BTC) is up about 9% in November, with $38,000 proving to be a difficult hurdle to clear. Buyers repeatedly tried to keep the price above $38,000, but the downward trend remained firm. Historically, December has been a mixed month. Over the past five years, Bitcoin has risen only in 2020, but its gain of 46.92% has been impressive, according to Coin Glass data. The Bulls will try to replicate at least some of that performance this year.Entering the new year, several analysts were bullish on Bitcoin. Standard Chartered said in a research note on November 28 that the price…
Student loan debt is a reality of life for many college graduates. BitPay Bill Pay gives you the flexibility to pay your monthly student loan payment in cryptocurrency directly to your lender, using virtually any wallet and over a dozen major cryptocurrencies, right from the BitPay app or our website.Student loan repayment, which had been halted for more than three years due to the pandemic, has reared its ugly head once again and picked up right where it left off. But now you can easily repay your student loans with Bitcoin or your favorite cryptocurrency through the BitPay app. Read…
In a recent interview with Decrypt, Coinbase CEO Brian Armstrong confirmed the company’s decision not to issue tokens for Base, a layer 2 network. Contrary to previous speculation and a statement from Coinbase Chief Legal Officer Paul Grewal, Armstrong emphasized that there are no plans to create a Base network token. This announcement is significant as it reflects Coinbase’s strategic approach to layer 2 network development and interaction with the broader cryptocurrency ecosystem. Launched in August, Base has seen remarkable growth, becoming the third-largest layer 2 network in terms of total value locked (TVL), boasting nearly $500 million in TVL…
Artificial intelligence (AI) image creation technology is rapidly accelerating in a variety of ways. Recent developments have moved the industry from steady progress to constant innovation, and now promise the advent of real-time, high-fidelity image creation.These tools aren’t slow. Waiting one minute to “get more done” isn’t that long of a time. But users still demand more: more realism, versatility, variety, and speed. And for the latter, researchers are happy to provide it.SDXL presses the accelerator pedal.Stability AI has unveiled SDXL Turbo, which could represent a monumental leap forward in AI image creation. We don’t say this lightly: a recently…