Author: BlackCrypto

[ad_1] NEW YORK (AP) — Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors. The new exchange-traded funds, or ETFs, give investors an asset that closely tracks the price of bitcoin. The Securities and Exchange Commission approved 11 funds from asset managers such as Blackrock, Invesco and Fidelity late Wednesday. The wave of approvals may work in your favor as fund managers seek to attract investors by competing on fees. Besides being a win for the fund managers, the approvals are also a win…

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[ad_1] On May 17th, the Chinese government published its public Blockchain and cryptocurrency ratings. Initially, it gave the coveted no.1 spot to Ethereum, but now it has EOS ranked no.1. A second round of the rating list has been released and Ethereum has been pipped to the post by none-other-than EOS (Perhaps the Chinese government changed its mind?). Bitcoin was nowhere to be seen in the top ten of either round of the list. This understandably has frustrated many cryptocurrency industry members.   Technology, Application, and Innovation The ranking was based on three key factors behind each coin: technology, application, and innovation.…

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[ad_1] Ouinex, a crypto trading platform tailored for active and professional traders, has announced a strategic alliance with Crossover Markets, an institutional trading venue specializing in spot cryptocurrencies. The collaboration heralds a milestone within the crypto sphere, as Ouinex integrates Crossover’s electronic communication network (ECN) technology, known as CROSSx. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! Ilies Larbi, the CEO of Ouinex, expressed enthusiasm regarding the partnership: “By partnering with Crossover Markets and harnessing their state-of-the-art technology, we are propelling ourselves forward in delivering a unique and…

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[ad_1] Just one day after the January 11 approval of 11 Bitcoin spot ETFs – including BlackRock’s iShares Bitcoin Trust (IBIT) – by the U.S. Securities and Exchange Commission, BlackRock Chair and CEO Larry Fink sat down with Bloomberg’s David Westin to discuss the implications of the world’s largest asset manager entering the Bitcoin market. Not one to mince words, Fink articulated a clear framework for his company’s approach to Bitcoin, and furthermore for BlackRock’s intention to replicate similar ETF products for other assets. “If we can ‘ETF’ a Bitcoin, imagine what we can do with all financial instruments.” Fink…

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[ad_1] On Aug. 1, a significant event occurred within the financial world: Fitch, a reputable credit ratings agency, lowered the credit rating of the United States government from the pristine AAA to AA+. This downgrade signaled diminished confidence in the U.S. government’s ability to handle its fiscal responsibilities effectively.The downgrade nudged investors into a cautious stance, leading many to move their money out of assets like stocks, silver, oil and long-term bonds. Instead, they favored cash and short-term instruments, which are perceived as safer options in uncertain times.S&P 500 futures (blue), WTI oil futures (cyan), U.S. 20-year notes (yellow), silver…

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[ad_1] Block.one released its proposal of a new version of the EOS constitution: the EOS Constitution v2.0. EOS has been under fire recently for its block producers freezing user accounts without the account owner’s permission. Does the new constitution address this issue? EOS Constitution v2.0: What’s in It? One of the first things to catch my eye was the (semi) address to the issue of freezing EOS accounts. Essentially, the constitution says, Stop, don’t do that, unless…: “Block producers shall not freeze or modify contracts that are operating as intended.” “Operating as intended” is the key phrase to pick up…

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[ad_1] Coinbase plans to integrate Bitcoin’s Lightning Network to facilitate faster cryptocurrency payments. According to a comment by the exchange’s CEO Brian Armstrong, Coinbase supports the efforts to facilitate payments on Bitcoin through the Lightning Network. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto! Armstrong was responding to a tweet by Jack Dorsey, the Co-Founder and former CEO of Twitter, who criticized the exchange for allegedly ignoring Bitcoin and Lightning Network. Lightning is a layer-2 payment platform on top of the Bitcoin network, intended…

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[ad_1] Most individuals return their investment amount within 3-10 days on HappyMiner. In this HappyMiner review, You will read about cloud mining services a well-known US hash provider provides. Let’s find out if HappyMiner is legitimate or a scam, what services they now supply to investors, and how realistically profitable their contracts are. What is HappyMiner? HappyMiner is a licensed cloud mining company founded in 2018 in the United States. Like any certified hash provider, HappyMiner owns industrial facilities with a big tech park of professional Bitcoin mining rigs. Data centers are located in Iceland, Norway, and Canada. 2,800K+ individuals…

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[ad_1] A sequence of unfortunate developments has struck BALD meme coin enthusiasts, as the once-shining (no pun intended) digital asset has experienced a jaw-dropping 96% decline in trading volume.  The root cause of this worrying situation stems from the withdrawal of more than 6,000 Ether in liquidity from the meme coin’s smart contracts, an action that has cast a foreboding cloud over the asset’s prospects. Removing such a substantial amount of liquidity had an immediate and profound impact, triggering an abrupt and steep decline in BALD’s price. Currently, the price of BALD stands at $0.01101692, according to CoinGecko data. Within the…

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[ad_1] On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming language.The price of Curve DAO (CRV) dropped 20.91% on the day of the hack, falling to a two-month low of $0.58. The next day, the decline in CRV continued to a seven-month low of $0.48 amid fears of liquidation of hefty loans worth $100 million taken by Curve Finance founder Michael Egorov against CRV as collateral.However, positive developments such as partial repayment of loans and significant negative bets in the derivatives market suggest that…

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