An insider source claims Kraken will launch a stock trading service next year.
Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity. In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally, by representative, or by proxy clarifying that former Binance staff in the region may choose to join their team in the short term or the future.... Read More: Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity
Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said.
Bad Idea AI aims to join Shiba Inu in owning a branded Tangem cold wallet, as it shares a possible design for the upcoming crypto storage solution. Shiba Inu’s partner, Bad Idea, has shared a potential design for its upcoming branded Tangem wallet. The project shared the concept in a tweet yesterday, emphasizing that the The post Shiba Inu Partner Bad Idea Unveils Design for Its Upcoming Branded Wallet first appeared on The Crypto Basic .
Texas has solidified its position as a dominant force in the Bitcoin mining world and has leapfrogged other states in the United States. The post US State of Texas Emerging as a Major Player in Bitcoin Mining! appeared first on COINOTAG NEWS .
Terraform Labs co-founder Do Kwon has opposed the U.S. SEC's extradition request due to his detention in Montenegro.
The post LUNC Price Analysis: Will LUNC Price Skyrocket Upon Breakout? appeared first on Coinpedia Fintech News With LUNA and LUNC price growing due to the burning events, the buyers are actively increasing the demand. The sharp increase in the market over the last few days has created waves in the crypto market. With new buyers ready to join in on the FOMO rally, LUNC price might face multiple oppositions ahead. The …
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
John Reed Stark, a legal expert popular among crypto circles online, believes that the upcoming elections will play a key role in the crypto policy of the United States. According to the crypto lawyer, politicians who were previously critical of cryptocurrencies may take a friendlier stance given the popularity of crypto assets. Stark took to The post Crypto Lawyer: Republican President May Lead To Spot Bitcoin ETF Approval appeared first on Coin Edition .
Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network. The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform's decentralized applications. Additionally, developers now have the opportunity to build products and services on Tezos using Fireblocks' Web3 engine, which offers a high level of security.... Read More: Fireblocks Platform Now Offers Institutions Access to Tezos
Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.
The Chinese yuan is preparing for the upcoming Golden Week holiday, which will prompt a temporary trading suspension in mainland China. In contrast, trading continues globally, potentially leading to disparities in asset values. Over the eight days, the absence of daily reference rates is anticipated due to the closure of the onshore market. As the ... Read more
US SEC might approve several Ethereum futures exchange-traded funds (ETFs) as early as next week, Bloomberg analysts note
Top XRP influencer WrathofKahneman disproves secret XRPL amendment claims and clarifies transparency in the XRP Ledger network. In a recent tweet, WrathofKahneman (WoK), a prominent figure in the XRP community, dispelled claims about the presence of secret amendment in the XRP Ledger (XRPL) ecosystem. “If someone tells you there are secret XRPL amendments, they are The post Expert Sheds Light on XRP Ledger Clawback Amendment, Debunks Claims of Secret Amendments first appeared on The Crypto Basic .
Though VanEck and Ark Invest have been hit with delays, a futures-based ETF could see approval by next week.
Santiment warned investors about the peak and sales pressure in this altcoin, which has risen by 46 percent in the last month. Continue Reading: Warning Received From Santiment For This Altcoin That Rising 46 Percent In One Month!
Ether Futures ETFs Could Launch in US Next Week, Analysts Say | Kraken Plans to Expand Beyond Crypto into Stock Trading | Binance Exits Russia, Sells Business to New Crypto Exchange CommEX
Sam Curry, a security engineer at Yuga Labs, said he was detained at a U.S. airport because he had earlier attempted to investigate a crypto scam
Michael Egorov, the founder of the decentralized finance (DeFi) protocol Curve, has recently paid off all his debt on the lending protocol Aave. Currently, he has a remaining debt of $42.7 million across four other DeFi protocols.... Read More: Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Platform, $CRV Set for Bull Run?
The negative trend in the risk markets continues due to the appreciating dollar, leaving Bitcoin stuck below $26,500. As of the time of writing, BTC price is still closing below the critical zone after failed tests. The post Latest Updates on Ethereum, Binance Coin, and Ripple Coin Prices appeared first on COINTURK NEWS.
Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.
CBDCs promise to energise economic growth through greater efficiency and security—at the cost of enshrining fiat’s dominance.
Prominent crypto community members have uncovered new allegations against the U.S. Securities and Exchange Commission in its handling of Ripple’s case. The tweets drew lines to connect relationships between former SEC officials involved in Ripple’s lawsuit and a possible conflict of interest in handling the case. In particular, a post by Cowboy.Crypto on X (formerly The post Allegations Against Ex-SEC Officials Point to Bias in Ripple Case appeared first on Coin Edition .
Bitcoin challenges its historical performance this September. As the largest cryptocurrency trades flat, its potential to close the month green signals optimism for the forthcoming October. The post Defying September Slumps: Bitcoin’s Historic Turnaround and the October Outlook appeared first on COINOTAG NEWS .
Metrics Ventures Launches $30 Million Data and Fundamental-Driven Digital Asset Secondary Liquid Fund
Bitcoin's price reversed its direction downward in tandem with the renewed drop in the American stock market: What does it need for an uptrend? The post Chaos May Be Needed for Bitcoin Price to Rise! appeared first on COINOTAG NEWS .
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a clear move above $0.062 and $0.0635. DOGE started a fresh decline and retested the $0.0595 level against the US dollar. The price is trading below the $0.062 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could struggle to clear the $0.0615 and $0.0620 resistance levels. Dogecoin Price Holds Support After struggling to clear the $0.0635, Dogecoin price started a fresh decline. DOGE declined below the $0.0612 level and even spiked below $0.060. A low was formed near $0.0593 and is currently correcting losses, like Bitcoin and Ethereum. There was a move above the $0.0602 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low. DOGE is now trading below the $0.0615 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0610 level. There is also a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE/USD pair. The first major resistance is near the $0.0615 level. It is near the 50% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low. Source: DOGEUSD on TradingView.com A close above the $0.0615 resistance might send the price toward the $0.0635 resistance. The next major resistance is near $0.0650. Any more gains might send the price toward the $0.0685 level. Are Dips Supported in DOGE? If DOGE’s price fails to gain pace above the $0.0612 level, it could start another decline. Initial support on the downside is near the $0.060 level. The next major support is near the $0.0595 level. If there is a downside break below the $0.0595 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now near the 50 level. Major Support Levels – $0.060, $0.0595, and $0.0550. Major Resistance Levels – $0.0612, $0.0635, and $0.0650.
Terra Classic price has seen LUNC surge +5%, as Terra community members deliberate on two crucial proposals set to shape the future of the Terra Classic ecosystem. At the heart of this debate lies the governance of validators' commissions and the infrastructure support offered by Allnodes. Community members of Terra Luna Classic (LUNC) are in the midst of a serious vote on a proposed v2.2.2 soft fork, which could redefine the minimum commission validators receive.... Read More: Terra Classic LUNC Price Surges by 5% as New Penny Crypto, Bitcoin Minetrix, Secures $150k
Texas emerges as a formidable player in Bitcoin mining, claiming more than 28% of the country's hash rate.
One of the reasons why cryptocurrencies are lucrative investment deals for individuals and investors is because they tend to have high returns on investment. These assets are highly volatile, and their prices fluctuate significantly. During the bull market, most digital asset prices surge as investor sentiment shifts to bullish. These periods are associated with greed, …
According to Bloomberg analysts, Ethereum futures ETFs (exchange-traded funds) could start trading for the first time in the United States as early as next week. This comes just a few hours after the US Securities and Exchange Commission (SEC) delayed decisions on Ark Invest and VanEck ETH spot ETF applications. Why Ethereum Futures ETFs Could Launch Next Week On September 28, Bloomberg Analyst Eric Balchunas said – via a post on X (formerly Twitter) – he was hearing that the SEC wants to accelerate the launch of Ether futures ETFs. Balchunas stated that the commission wants it “off their plate” before the potential US government shutdown. The United States government faces a possible partial shutdown at 12:01 a.m. ET on October 1 if Congress fails to pass spending bills for the coming fiscal year, potentially affecting most government agencies’ non-essential operations. Related Reading: Ethereum Price Faces Rejection But Bulls Are Not Out of Woods Yet The Bloomberg analyst claims that, in anticipation of this scenario, various Ethereum futures ETF applicants have been asked to update their documents by Friday afternoon in order to commence trading as early as Tuesday, the 3rd of October. James Seyffart, another Bloomberg ETF analyst, responded to Balchunas’ revelation, saying that it appears that “the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” It is worth noting that neither of the analysts divulged their sources for this latest development. According to an earlier note from the analysts, there are 15 ETH futures ETFs from at least nine issuers awaiting the SEC’s approval. In their analysis, Balchunas and Seyffart put forward a 90% chance of Ethereum futures ETFs launching in early October. The note read: Ethereum futures ETFs have a 90% chance of launching in October, we believe, with Valkyrie’s Bitcoin futures ETF (BTF) poised to become the first to hold Ethereum exposure on Oct. 3 after a strategy change. We expect pure Ethereum futures ETFs to start trading the following week thanks to Volatility Shares” actions. Spot Ethereum ETFs In Limbo? Before this latest update on ETH futures ETFs emerged, the United States Securities and Exchange Commission had pushed the deadlines for ARK 21Shares and VanEck’s Ether spot ETF applications. In separate filings, the commission stated that it would designate a longer period on whether to take action on a proposed rule change for the listings of these Ethereum spot ETFs. The SEC said: The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein. Related Reading: Spot Bitcoin ETF: US Lawmakers Jump In With Demands For The SEC The Securities and Exchange Commission also mentioned that it received no public comments on either proposal. Meanwhile, it set December 25 (for VanEck) and December 26 (for ARK 21Shares) as the new deadline for another delay or decision on the Ethereum spot ETFs. The approval of an ETH spot exchange-traded fund is highly anticipated due to its potential positive impact on the Ethereum price, which has been struggling in the past few weeks. As of this writing, Ether is valued at $1,617, reflecting a 1.6% price jump in the past 24 hours. Ethereum price shows signs of recovery on the daily timeframe | Source: TOTAL chart on TradingView Featured image from Shutterstock, chart from TradingView
The Uniswap Foundation (UF) has submitted a proposal seeking a second round of funding to invest in their vision of powering their vision of the DeFi ecosystem.
Blocknative has said that it is withdrawing its operations or discontinuing its offering as a relayer. This officially brings the upcoming number of relayers for Ethereum to four. The community is now in splits about how things will work out, for the discontinuation is tentatively scheduled for September 27, 2023, at 8 a.m. PST. The …
After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday.
Binance announces temporary EUR service disruption after Paysafe ends their partnership. European users are advised to convert to USDT amidst these changes. The post Binance’s Euro Users Advised to Switch to Tether Following Paysafe Split appeared first on COINOTAG NEWS .
The total number of burned SHIB coins in the past 24 hours stands at more than 164 million.
Chris Kuiper, the Director of Research at Fidelity, recently shared his insights on why Ethereum (ETH) could be a more appealing investment option for institutional investors than Bitcoin (BTC). In an interview on the Bankless YouTube channel, Kuiper suggested that Ethereum’s investment framework might be easier for traditional financial firms to comprehend. Kuiper pointed out
Payments and cryptocurrency exchange Crypto.com is integrating PayPal USD (PYUSD) establishing it as a ‘preferred’ exchange for the stablecoin. The exchange announced Thursday, a partnership with payments giant PayPal and blockchain infrastructure company Paxos to further “the global adoption of crypto,” Crypto.com CEO Kris Marszalek said in a post.... Read More: Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here's What You Need to Know
OpenAI’s ChatGPT has recently announced significant updates, including the return of Bing integration, offering users newfound utility through web browsing capabilities. This move aims to keep users updated with the latest information and content. This article explores these enhancements, their implications, and what lies ahead for ChatGPT users. OpenAI’s latest announcement confirms the revival of ... Read more
After dropping to the $26,000 level, the price of Bitcoin is once again testing $26,500. But is the drop over? The post Is Another Drop Coming for Cryptocurrencies? Long-Term Cryptocurrency Price Analysis appeared first on COINTURK NEWS.
Experienced cryptocurrency analyst and trader Altcoin Sherpa stated that he has high expectations from Rollbit Coin (RLB), which has been one of the most talked about altcoins in the recent days, during the next bull market surge. Altcoin Sherpa also shared his latest observations for the crypto king Bitcoin (BTC). The post The Rising Star of the Next Bull Market According to Analyst: RLB appeared first on COINTURK NEWS.
The latest addition to the Shibarium ecosystem will unlock .shib domains and bring blockchain-based digital identity to the SHIB community. Shibarium ID, a startup building a dedicated platform for .shib domain names, has announced it will launch as soon as next month. The platform will integrate with Shiba Inu’s newly launched Shibarium network, becoming one The post Shiba Inu: Shibarium ID Announces Official Launch Date first appeared on The Crypto Basic .
Amidst speculations and mysterious company tie-ups, Binance's CEO speaks out about the recent Russian exit and acquisition by CommEX. The post CZ Clarifies Ownership Speculations Surrounding Binance Russia’s New Acquirer, CommEX appeared first on COINOTAG NEWS .
Following Paysafe's unilateral split from Binance, users are advised to move their euro balances to Tether’s USDT.
In the fast-paced world of cryptocurrencies, few projects have managed to capture the attention of traders and investors like Loom Network (LOOM) has in recent days. The Ethereum-based altcoin kicked off the month of September trading at just $0.038 per token. However, in a mere 25 days, it has experienced a meteoric rise, reaching an The post Loom Network (LOOM): strong fundamentals, exchange listing fuel a 242% rally appeared first on Invezz .
The investment arm of crypto exchange OKX said data plays a crucial role as one of the main technological pillars of Web3.
Binance advised Paysafe users to convert EUR balances to USDT by Oct. 31 after the banking partner pulled its services from the exchange.
As the threat of a government shutdown in the US looms, it is speculated that the SEC may quickly approve Ethereum futures ETFs. The post SEC May Approve Ethereum Futures ETFs Before US Government Shutdown! appeared first on COINOTAG NEWS .
Billions of Shiba Inu (SHIB) worth almost half million dollars on move by Hong Kong crypto start-up Mixin Network after $200 million hack