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The latest Messages 4
2024-03-27 18:12:02
Spot Ethereum ETF approval has 'no positive signs,' says ETF expert
While the prospects of a spot ether exchange-traded fund receiving approval from the U.S. Securities and Exchange Commission are up for debate, one ETF expert remains largely pessimistic. Bloomberg Senior ETF Analyst Eric Balchunas posted on X today their belief that the odds of an ether ETF garnering approval are "a very pessimistic 25%." "Personally hope they do approve it but it just ain't looking good," he added.
Source
@TradeCryptoNow
34.1K views15:12
2024-03-25 21:05:00
Binance ends Tron USDC support as it faces blockade in the PhilippinesCrypto exchange Binance said it would end support for Tron network-based USD Coin (USDC) stablecoins by April 5, according to a March 25 statement, following recent news Circle is pulling out of the Tron blockchain entirely. Consequently, Binance users have less than two weeks to withdraw their assets or convert them to USDC on alternative networks. Notably, transactions involving USDC via other supported networks like Ethereum remain unaffected.
Source
@TradeCryptoNow
51.7K views18:05
2024-03-24 22:55:00
Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision
Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. According to various sources, Do Kwon has regained his freedom, having been discharged on Saturday. In a conversation with Bloomberg journalists Jasmina Kuzmanovic and Misha Savic, Montenegro’s prison chief Darko Vukcevic confirmed Kwon’s release, stating that he is currently under the custody of the police authority.
Source
@TradeCryptoNow
112.4K views19:55
2024-03-24 10:51:36
Bitcoin's Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of HashpowerBased on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might be disconnected after the event.
Source
@TradeCryptoNow
92.9K views07:51
2024-03-23 19:39:56
EU enacts ban on anonymous crypto transactions via self-custody wallets
In a recent regulatory change, the European Union (EU) has prohibited cryptocurrency transactions of any value made through unidentified self-custody crypto wallets. This update is a component of the region's newly implemented Anti-Money Laundering (AML) regulations. According to a post by Patrick Breyer, a member of the European Parliament for the Deutsch Piraten Partei, the majority of the EU Parliament’s lead commission endorsed the prohibition on March 19.
Source
@TradeCryptoNow
124.8K views16:39
2024-03-23 11:24:57
BlackRock sees Bitcoin as integral part of financial system – little interest in other crypto
BlackRock believes that Bitcoin (BTC) will become an integral part of the financial system over the coming decade as it increasingly melds with the best parts of the traditional financial system. The asset manager’s Head of Digital Assets, Robert Mitchnick, made the statement during Reflexivity Research’s Bitcoin Investor Day on March 22. FOX Business reporter Eleanor Terrett reported his comments via X.
Source
@TradeCryptoNow
16.8K views08:24
2024-03-23 03:55:49
Google adding Ethereum Name Service data into search results through Etherscan
Tech giant Google has integrated Ethereum Name Service (ENS) data into its search results through data available from Etherscan. CryptoSlate confirmed this feature by testing it with several ENS addresses, including Vitalik.eth, an address belonging to Vitalik Buterin, the co-founder of the Ethereum blockchain network. The displayed result showed the address details like the Ethereum balance and the timestamp of the last transaction. The data was collected from Ethereum block explorer Etherscan.
Source
@TradeCryptoNow
61.7K views00:55
2024-03-22 10:59:58
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
Bitcoin (BTC) slid lower Thursday amid a stronger U.S. dollar, giving up some of the advances from Wednesday's spectacular bounce spurred by a dovish tone from the Federal Reserve. BTC dropped some 5% to as low as $64,600 by late afternoon UTC hours from above $68,000 at the start of the day. The broad-market CoinDesk 20 Index (CD20) declined 3.5% from its daily high, as altcoins generally outperformed bitcoin during the day.
Source
@TradeCryptoNow
131.2K views07:59
2024-03-21 21:14:58
Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
Historical precedent suggests that bitcoin’s (BTC) recent strong performance will continue into and after the upcoming halving, as the event reduces the supply of new BTC, but investors should be wary of this view, Coinbase (COIN) said in a research report on Wednesday. The world’s largest cryptocurrency rose an average of 61% in the six months before prior halvings and gained an average of 348% in the six months after, Coinbase noted.
Source
@TradeCryptoNow
123.0K views18:14
2024-03-21 09:04:58
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
Base, the layer-2 blockchain from U.S. crypto exchange Coinbase that helps users transact on Ethereum with lower fees, appears to be struggling to keep up with a new wave in network activity, according to an official status warning issued by the protocol. "Base Mainnet is experiencing high traffic and increasing fees," the warning, which was posted to the official Coinbase status page, reads.
Source
@TradeCryptoNow
83.4K views06:04