Advertisements Some have forecasted sharp declines in bitcoin’s price as traders ‘sell the news’ post-ETF approval, but Fidelity’s Director of Global Macro disagrees. Bitcoin (BTC) is down almost 7% in the last week, as the market impact of the recently approved BTC ETF works its way through the system. While many contrarian bets about theContinue reading “Fidelity’s Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover”
Category Archives: Finance
Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
Advertisements The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) to make it easy for users to transfer USDC across chains, according to a press release. Developers can now build cross-chain useContinue reading “Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers”
Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat
Advertisements Manta Pacific is the native layer 2 of the Manta Network. Manta Pacific, the native layer 2 of Manta Network, has replaced Coinbase’s (COIN) Base as the fourth largest scaling solution, according to data source L2Beat. As of writing, the total value locked (TVL) on Manta Pacific stood at $845 million ahead of Base’sContinue reading “Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat”
Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right
Advertisements The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said. Bitcoin (BTC) contrarian bets were seemingly proven right as the much-awaited approval of a spot exchange-traded fund (ETF) turned out to be a “sell-the-news”Continue reading “Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right”
Google Cloud Joins Flare Network as Validator, FLR Jumps 5%
Advertisements Flare, which calls itself “the blockchain for data,” gives developers access to decentralized data via its Oracle system The cloud division of tech giant Google (GOOGL) has joined the Flare blockchain as a validator and infrastructure provider. Google Cloud is one of 100 organizations adopting this combined role, both securing the network as aContinue reading “Google Cloud Joins Flare Network as Validator, FLR Jumps 5%”
SEC Says Other Systems Secure After X Account Hack
Advertisements The regulator’s latest update on the hack suggests it never lost access to the account. The U.S. Securities and Exchange Commission said Friday its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week. On Tuesday, the SEC’s official X (formerly Twitter)Continue reading “SEC Says Other Systems Secure After X Account Hack”
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts
Advertisements Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote. Investors should turn their attention to the potential impact on the bitcoin (BTC) price now that spot BTC exchange-traded funds (ETFs) have been approved, broker Cantor Fitzgerald said in a research report. TheContinue reading “Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts”
Liquidity-Focused Berachain Opens Layer-1 Testnet to Public
Advertisements Berachain’s pseudonymous founders plan “to accomplish more with less initial resources.” Upcoming layer 1 blockchain Berachain opened its testnet to the public Thursday, a debut for its “proof of liquidity” consensus mechanism that garnered $42 million in funding last year. Berachain is a meme-fueled project built in the Cosmos ecosystem. Its creators are largelyContinue reading “Liquidity-Focused Berachain Opens Layer-1 Testnet to Public”
What is XM Exchange? Review detailed information about XM
Advertisements XM is one of the famous trading platforms in the world, especially in the fields of Forex and CFD. Established in 2009, XM has quickly affirmed its position and attracted millions of customers globally. So what is so special about XM that it is trusted by so many investors? Please immediately see the detailedContinue reading “What is XM Exchange? Review detailed information about XM”
Here’s Why Chinese Investors Seek Solace Abroad
Frustrated by losses, Chinese investors sought refuge in neighboring countries as stocks plummeted.
Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next
Advertisements BlackRock had previously filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF). Ether (ETH) and native tokens of applications built on Ethereum surged in the past 24 hours as traders bet on the likelihood of the possible proposal of an ether exchange-tradedContinue reading “Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next”
BlackRock, VanEck Update Bitcoin ETF Filing Within Hours of Quick SEC Response
Advertisements The filings indicate that the two entities were among the prospective issuers that the U.S. Securities and Exchange Commission (SEC) sent comments in the past 24 hours. BlackRock (BLK) and VanEck, the two firms among 13 hoping to launch bitcoin (BTC) exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday. TheContinue reading “BlackRock, VanEck Update Bitcoin ETF Filing Within Hours of Quick SEC Response”
Fastestcoin Exchange: Tạo nền tảng giao dịch tiền kỹ thuật số an toàn, đáng tin cậy và hiệu quả
Để tri ân người dùng và những người ủng hộ, Fastestcoin cũng thường xuyên triển khai các hoạt động khuyến mãi và cơ chế khen thưởng.
Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
Advertisements “It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said. Australia’s Assistant Treasurer and Minister for Financial Services Stephen Jones has said he would be asking the Australian Securities and Investments Commission (ASIC) why it didn’t warn consumers about the HyperVerse crypto scheme like other nations did,Continue reading “Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report”
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
Advertisements The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited on crypto exchange Coinbase. Ether (ETH) prices might gain in the coming weeks after crypto lender Celsius, which is restructuring in bankruptcy proceedings, said it will unstake its holdings of the second-largest cryptocurrency, removingContinue reading “Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure”