FTX begins talks to relaunch international cryptocurrency ... - cyptoranking.com

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2024-03-29

Popular crypto exchanges(2023 Update) 2024-03-29
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Weekly Crypto Inflows Surge by 370%, According to CoinShares But adjusting the second-largest blockchain from one system to another is a complex, long process. Each decision must be thought out thoroughly. We’ll take you through the reasons and stages of the protocol’s new transformation. FTX begins talks to relaunch international cryptocurrency ...Bit Digital Faces Production Decline Due to Maintenance Outage The most recent transaction on Oct. 7 suggests that the ETH was likely exchanged for fiat currency on Bitstamp. Notably, the address 0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7 still holds 36,000 ETH, equivalent to $57.2 million.

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While the fate and timeline around US spot bitcoin ETFs remains opaque, the Securities and Exchange Commission appears to have given its blessing to ether futures funds. Zuckerberg suggested that there will be interactive AI profiles that operate more independently. J.P. Morgan Wallet: real-time virtual sub-ledgersShortly following the news, the price of the governance token for Open Exchange (OX), plummeted. At the time of publication, OX sits 43% lower on the daily at $.013, having recovered from lows of $.01035. “$2.7 billion has been laundered through cross-chain crime between July 2022 – July 2023.”

With the vast amount of data TRON processes, the recent inclusion of TRON into Google Cloud's BigQuery public datasets enables users to analyze on-chain transaction histories seamlessly. This deep dive allows for the assessment of TRON's token flows, smart contract interactions, and overall user engagement, all without the need for individual nodes or indexers. The effective royalty rate by NFT marketplace. Image: The Block Research. Buy Ethereum|How to buy ETH?Valkyrie Investments receives SEC approval to launch the first Ethereum futures ETF in the United States.Photo by Zoltan Tasi on UnsplashToday, Nashville-based asset management firm Valkyrie Investments secured approval from the U.S. Securities and Exchange Commission (SEC) to launch the first-ever exchange-traded fund (ETF) for Ethereum futures. This could mark an important milestone for digital asset investment in the United States.The SEC's decision comes as the regulatory body is slowly opening up to the crypto market. In October 2021, the SEC allowed the trading of Bitcoin ETFs priced off futures contracts. Valkyrie Investments is now part of a select group of firms that offer crypto-related ETFs, building on its existing Bitcoin Mining ETF.Rising Competition in the Ether ETF SpaceValkyrie Investments is not alone in its pursuit of establishing Ethereum futures ETFs. Eight other issuers, including VanEck, Grayscale Investments, and Bitwise, have filed applications with the SEC. These firms look to capitalize on the growing demand for Ethereum, which currently holds the title of the world's second-largest digital asset.Beyond Ethereum futures ETFs, Valkyrie Investments, along with Wall Street giants like BlackRock and Fidelity, is also exploring the possibility of introducing a spot Bitcoin ETF. A spot ETF would enable a broader array of investors to gain exposure to Bitcoin's spot price instead of its future value, which is currently only accessible to accredited investors. So far, the SEC has been hesitant to approve this type of ETF, citing regulatory concerns.Accelerated Approval Amid Government Shutdown ConcernsInterestingly, Valkyrie had initially planned to roll out its fund on October 3. However, concerns over a potential U.S. government shutdown prompted the SEC to fast-track the approval process for Ethereum futures ETFs. If Congress fails to agree on funding, the government could cease most operations, affecting nearly two million federal workers and possibly disrupting SEC activities.Valkyrie's Chief Investment Officer, Steven McClurg, expressed satisfaction with the SEC's decision in an interview with Fox Business. "We are thrilled to be the first to offer ether futures to our investors as interest in the asset has grown exponentially over the past year," he said.The firm plans to convert its existing Bitcoin futures ETF into a combined fund offering both Bitcoin and Ethereum futures, with trading set to begin today.The SEC's accelerated approval timeline also hints at the agency's attempt to maintain market stability in case of a government shutdown. Earlier this week, the SEC delayed decisions on other spot Bitcoin ETF applications, including one from Ark 21Shares, a fund owned by tech investor Cathie Wood.On the legislative front, SEC Chairman Gary Gensler urged companies planning to go public to expedite their efforts before a possible government shutdown. A shutdown would force the agency to operate with a reduced workforce, affecting its ability to oversee the markets and public offerings.The SEC's approval of Valkyrie Investments' Ethereum futures ETF represents another step toward the maturation of the crypto market in the U.S. While the SEC remains cautious, particularly concerning spot ETFs, it has shown a willingness to accommodate futures-based products. With other firms lining up to offer similar products, competition in the Ether ETF space is bound to intensify.US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst "I can't be in something where Mr. Bitcoin is about to go down big," he said during CNBC's "Squawk on the Street."

— ᴀʟᴛꜱᴛʀᴇᴇᴛ ʙᴇᴛꜱ (@AltstreetBet) October 9, 2023 Accounts tied to FTX and FTX.US were drained on Nov. 11, 2022, mere hours after the company filed for bankruptcy and founder Sam Bankman-Fried resigned from the crypto empire he ran. What is Crypto Derivatives Exchange and How Does It Work|by Betty ParkerFive teams walked away with prizes from the Neo APAC GAS Station that took place on Sep. 9 and 10 in Singapore. The GAS Stations were in-person events in five regional cities that hosted workshops and hacking sessions. An important differentiator, Meilich added, is Big Time’s status as the most streamed PC web3 game on Twitch with over 2500 streamers having played its pre-alpha, and a large footprint in critical markets like Japan.


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