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Wednesday, March 27, 2024, 11:53 copy unlace whatsapp Facebook X linkedin telegram On March 19th, The Pool Marbella hosted a prestigious event on cryptocurrencies and blockchain technology entitled “Trends in the Cryptocurrency Market”. The event featured prominent national and international panelists, as well as an audience of enthusiasts and experts in the field. Notable speakers include Juan Jiménez Zaballos, Javier García de la Torre, Amira Bugerra, Darren Carvalho, Alberto G. Toribio, Javier Molina Ljorda, and Vicente Ortiz. Sponsored by A&G, represented by Javier Baquero Mathers, Rubén Ayuso Morales and Román González Torres. The event covered various topics related to the…
With bitcoin soaring once again, Blockchains are suddenly much more valuable. More than 50 of them are now worth over $1 billion— despite many having few users. By Steven Ehrlich, Maria Gracia Santillana Linares and Nina Bambysheva, Forbes Staff In 2012 when Blockchain pioneers Jed McCaleb, Arthur Britto and David Schwartz created Ripple Labs and its new cryptocurrency, known as XRP, they envisioned a new global financial standard that would enable banks to transfer money rapidly with minimal fees. During its first decade, dozens of financial institutions, including Bank of America and Banco Santander, signed up, eager to test Ripple’s…
The CFTC claimed in the KuCoin complaint that ETH is a commodity. Although KuCoin recorded huge outflows, the approval of the ETH ETF in May remains uncertain. The recent KuCoin lawsuit by the CFTC (Commodity Futures Trading Commission) has reignited the debate over KuCoin odds. Ethereum [ETH] ETF Approved by May. In the CFTC's complaint, the commission reiterated that Ether: Bitcoin [BTC]Litecoin [LTC] That's right, it's a product. press release. “During the applicable period, KuCoin will not be able to solicit and accept orders, accept assets on margin, or trade futures, swaps, leverage, margin, or retail retail transactions involving digital…
RealVision analyst Jamie Coutts says Bitcoin is ready to 'teleport to greater heights' after removing head fake
Real Vision crypto analyst Jamie Coutts said Bitcoin (BTC) is poised to continue rising after a temporary correction. Former Bloomberg analyst To tell 12,800 followers on social media platform “Bitcoin broke the flag pattern from the head fake at an all-time high and appears poised to teleport even higher. Blue skies (historically no overhead resistance) accelerates the bull market.” The analyst said that two key indicators, the funding rate and the relative strength index (RSI), suggest that Bitcoin is poised to soar again. The funding rate is the fee paid between long and short positions in Bitcoin perpetual futures contracts.…
Lido's market share reached a critical mass last year. LDO's bullish trajectory continued from last week. Famous Ethereum [ETH] Defending Evan Van Ness' cheeky post about Lido Finance on social platform X (formerly Twitter) [LDO]the largest liquid staking protocol, gained some attention on March 25th. inside story Van Ness used the famous “How it started, how it progressed” meme to explain how Lido's ETH staking market share has grown from 32.37% in September 2023 to 32.37% at the time the post was made. drew attention to the drop to 30.36%. AMBCrypto used data from Dune Analytics to cross-examine the claims…
Cryptocurrency exchange Coinbase must face lawsuit from US securities regulators, judge rules
A federal judge in Manhattan said Wednesday that the U.S. securities regulator's case against Coinbase could move forward, but dismissed one of the claims the agency had brought against the largest U.S. cryptocurrency exchange. .U.S. District Judge Katherine Polk Feira partially granted Coinbase's motion to dismiss a Securities and Exchange Commission lawsuit alleging that Coinbase ignores regulations.While the ruling was a partial victory for Coinbase in a potentially long and expensive legal battle, other judges largely celebrated the SEC's approach to cryptocurrencies and sided with the regulator. I also agreed with their opinions.Following the ruling, Coinbase's stock price fell 2.4%…
SEC Ethereum Probe May Stall ETFs, Celestia and Monero Challengers Attract Big-Name Investors
Industry experts believe that the reported investigation into the Ethereum (ETH) Foundation may be part of a larger conspiracy to debase Ether. This could influence the U.S. Securities and Exchange Commission's (SEC) decision to approve or postpone a spot Ether exchange-traded fund (ETF). While most industry experts agree that regulatory considerations will likely delay approval in the short term, there is general agreement that a U.S. spot Ether ETF is on the way. On the other hand, elite investors Ink solid (QUBE)is a rival to Monero (XMR) and Celestia (TIA) due to its unique features. This emerging cryptocurrency aims to…
The growing debt situation in the United States has put financial markets on edge. Amidst the speculation, the CEO of BlackRock expressed considerable concern about the possibility of the US debt becoming a destructive factor for the economy. As reported by Bloomberg, the CEO of BlackRock stressed the need for the country to take steps to promote economic expansion. BlackRock CEO warns of US debt Bloomberg notes that BlackRock CEO Larry Fink has called the U.S. sovereign debt crisis “the most urgent I can remember.” Fink went on to say that the country must take steps to spur economic expansion.…
7:30 ▪ 3 Minimum read time ▪ up to Fenelon L. Asset management giant BlackRock has made a notable entry into the tokenization space by launching its first fund on the Ethereum blockchain. This decision is likely to accelerate the institutional adoption of digital assets. A big step towards tokenization BlackRock's stunning entry into the crypto world has not gone unnoticed. The Wall Street giant, which manages over $10 trillion in assets, announced last week the launch of a USD-denominated institutional digital liquidity fund on Ethereum. According to Bernstein analysts Gautam Chughani and Mahika Sapura, the initiative “brings legitimacy” to…
Recent predictions by cryptocurrency analysts suggest that while Bitcoin (BTC) could experience a significant rally, shorts could experience a significant contraction. Analysts at Kobessi Letter believe short sellers could find themselves in a high-pressure situation. according to X post, Kobessi revealed that there is a large gap between institutional investors' long positions and hedge funds' short positions. Financial institutions hold approximately 20,000 net long contracts compared to approximately 15,000 net short contracts held by hedge funds. Kovesi suggests that this margin could be the main catalyst for a BTC short squeeze. If upward pressure on Bitcoin prices continues, short sellers…