Last Seen Blogs
quotecutouts
bouquets of verbal flowers found in the books I read
asbiejadewrites18
Untitled
jobmanlove
How To
mysticvallea
Misty
retro80sand90srecollections
Reminiscing
Text
Digifinex Labs: SEC Delays Decision on BlackRock’s Ethereum ETF, Potential Approval in May
In a recent filing, the SEC explained the need for “sufficient time to consider” the proposal and related issues, extending the decision deadline to March 10. This mirrors a similar delay for Fidelity’s Spot Ethereum ETF application, now expected to be decided by March 5.
The SEC’s decision delays bear a resemblance to the challenges faced by spot Bitcoin ETFs, which encountered significant delays before finally gaining approval in January.
Analysts, including Bloomberg’s James Seyffart, foresaw these delays. Drawing from historical patterns, Seyffart predicts intermittent delays until late May, with a final decision expected on May 23.
The SEC’s historical skepticism toward cryptocurrencies, evident in Chairman Gary Gensler’s past remarks, raises doubts and suggests a certain reluctance, making the approval of Bitcoin ETFs appear somewhat compelled. However, despite this skepticism, optimism surrounding Ethereum remains prevalent.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: EU Banking Authority Extends Anti-Money Laundering Guidelines to Crypto, Harmonizing Approach Across Union
The guidelines provide specific recommendations on how crypto firms should adjust their financial crime-fighting measures. This may involve the use of blockchain analytics tools. The guidelines, which came into effect on Dec. 30, are considered by the EBA as an important step forward in the EU’s efforts to combat financial crime. The goal is to harmonize the approach for crypto firms across the union in order to mitigate money laundering and terrorist financing.
The updated guidelines will address cryptocurrency and crypto company-specific risks, providing guidance to financial firms that hold cryptocurrencies or serve crypto companies. Additionally, the guidance includes information on financial crime risk assessment, directing crypto firms to consider potential risks associated with anonymity-enhancing features, self-hosted wallets, decentralized platforms, and products facilitating transfers between the company and such services.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: SEC Clarifies No Approval for Bitcoin ETFs Despite Unauthorized Tweet from Compromised Account
The misleading tweet has since been deleted, and the SEC emphasized that the information regarding the approval of bitcoin ETFs was false. Investors and the public should rely on official statements and communications from the SEC rather than unauthorized social media posts.
This incident underscores the importance of verifying information from official sources and highlights the potential risks associated with social media account compromises in the financial industry.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
If you want to receive all the rewards, please contact me: Telegram
0 notes
Text
Digifinex Labs: Worldcoin Launches Minecraft Integration for Identity Verification to Combat ‘Griefing’
Utilizing the Luckperms app by Worldcoin, server administrators can employ World ID for establishing a set of permissible actions that only verified users can perform. Unverified users will be restricted from accessing certain features until they complete the verification process using World ID.
To implement this feature, a plugin needs to be installed in the Minecraft server, and users must verify their identities using a command line prompt, as described in the Luckperms app.
It’s noteworthy that Mojang Studios, the Microsoft-owned company behind Minecraft, had previously expressed a strong stance against blockchain and non-fungible token (NFT) technologies. However, in this case, Worldcoin’s blockchain technology for issuing WLD rewards tokens will solely focus on the identity verification function within the Luckperms integration, sidestepping the creation of NFTs associated with in-game content.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Hong Kong Poised to Become Bitcoin ETF Hub, Anticipating US Approval
Yat Siu, chairman of web3 investor Animoca Brands, expressed optimism about Hong Kong’s potential as a hub for spot bitcoin ETFs, citing the positive stance of Hong Kong’s Securities and Futures Commission (SFC) toward digital assets. Siu highlighted the SFC’s recent openness to expanding access to digital assets, stating that a Bitcoin spot ETF is relatively uncontroversial.
As the U.S. moves closer to potentially approving its first spot bitcoin ETF, with multiple filings adjusting to SEC demands, Siu believes Hong Kong could follow suit. He emphasized that the U.S. has already undertaken significant groundwork, providing ample public filings and applications that Hong Kong authorities can use as references.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
If you want to receive all the rewards, please contact me: Telegram
0 notes
Text
Digifinex Labs: Ethereum Price Faces Resistance, Potential Larger Decline Below $2,120
The price dropped below $2,200, reaching a low of approximately $2,136, but is now making efforts for a new upward move. There was a climb above the $2,180 level, testing the 50% Fibonacci retracement level of the recent decline from the $2,253 swing high to the $2,136 low.
Currently trading below $2,200 and the 100-hourly Simple Moving Average, Ethereum is facing resistance. A bearish trend line is forming with resistance near $2,210 on the hourly chart of ETH/USD.
The $2,205 level poses a hurdle on the upside, closely aligned with the 61.8% Fibonacci retracement level of the recent decline from the $2,253 swing high to the $2,136 low. A failure to break these resistance levels could lead to a larger decline, potentially below $2,120.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Bitcoin (BTC) Projected to Reach $80,000 in 2024, According to Leading Crypto Index Fund Manager
Bitwise, a major crypto index fund manager, forecasts that Bitcoin (BTC) will exceed $80,000 in 2024, following an impressive performance in 2023.
The optimistic projection for 2024 is based on significant developments in the cryptocurrency sector and macroeconomic factors.
Key Drivers for Bitcoin’s Upward Trajectory:
Launch of a Spot Bitcoin ETF: Anticipation surrounds the expected launch of a spot Bitcoin ETF in early 2024. This development is likely to attract substantial new capital from both retail and institutional investors.
Bitcoin Halving Event: The upcoming Bitcoin halving event in April or May 2024 is the second catalyst. This event will halve the yearly supply of new Bitcoin entering the market, equivalent to a reduction in supply by $6.2 billion at current prices.
The combination of increased demand due to ETF adoption and decreased supply from the halving event contributes to the positive outlook for Bitcoin’s price.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: CZ and Binance Counter SEC Lawsuit with Robust Legal Opposition
BHL’s legal team has strongly opposed the SEC’s move, criticizing it as a procedural misstep. In their response, BHL and Zhao contend that the SEC’s notice introduces new information and arguments at an inappropriate stage in the litigation process. They argue that the SEC’s attempt to bring up past dealings with the Department of Justice and FinCEN is largely irrelevant to the current case, which revolves around the classification of crypto assets under the Securities Act and Exchange Act.
The response also delves into the complex issue of extraterritoriality, a contentious aspect regarding the application of U.S. securities laws to global crypto operations. The back-and-forth between BHL, CZ, and the SEC highlights the intricate legal nuances surrounding the regulation of cryptocurrency exchanges on a global scale.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
If you want to receive all the rewards, please contact me: Telegram
0 notes
Text
Digifinex Labs: Horizen Labs, Offchain Labs, and the Arbitrum Foundation Propose Apechain Powered by Arbitrum
The proposal outlines the vision for Apechain as a fundamental component of the Ape brand, with APE serving as its native gas token. This strategic move is intended to broaden the reach and utility of APE in the wider cryptocurrency landscape. The proposal emphasizes the permission to use “powered by Apecoin” branding, underscoring the seamless integration of APE’s identity into Apechain.
A key focus of the proposal centers on gaming, aiming to position Apechain as a hub for next-generation consumer-facing applications and games. This aligns with the strategic emphasis on gaming within Yuga Labs’ ecosystem. Apechain seeks to deliver an enhanced user experience by ensuring low fees and fast transactions.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
If you want to receive all the rewards, please contact me: Telegram
0 notes
Text
Digifinex Labs:Bitcoin Rally and Optimism Surrounding ETFs Align Perfectly Ahead of Halving
Cryptocurrencies continued their rally on Friday, while stocks traded sideways. Analysts are optimistic about the beginning of a bull run for Bitcoin.
Bitcoin returned to positive territory on Friday, rebounding after a slight dip on Thursday. The largest cryptocurrency was trading around $43,700 at the time of publication, briefly surpassing $44,000 again.
Equities saw mild gains, with the S&P 500 and Nasdaq Composite indexes each gaining around 0.2% midway through the trading session on Friday.
With Bitcoin’s next halving scheduled for April 2024, coinciding with a potential policy shift from the Federal Reserve, investors may be entering an opportune time, according to Thomas Perfumo, head of strategy at Kraken.
“This is going to be the fourth halving, and pretty much every single one has kicked off a bull cycle where the top has come in about 18 months or so after the halving event,” Perfumo said.
“This halving is special in the sense that you’re going to have inflation in Bitcoin’s circulating supply drop below 1% for the first time in history,” he added. “That’s basically crossing that threshold that gold has historically served as this kind of bellwether-sound currency where the supply growth of gold is something that’s been north of 1%, but very steady and very low single-digits.”
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Tensor Tops Solana’s NFT Marketplace with Impressive Trading Volume
This means Tensor now holds an estimated 60% of the total NFT trading market share on Solana, while Magic Eden falls under 30% of the total volume. Despite Tensor’s dominance in trading volume, Magic Eden retains a higher number of unique wallet users, boasting approximately 116 thousand wallets and a 70% engagement rate. In comparison, Tensor has 86 thousand wallets with a 52% engagement rate.
The difference in engagement rates and unique wallet users suggests that Tensor may cater to traders conducting higher-volume transactions, while Magic Eden may appeal more to casual NFT buyers. According to Ilja Moisejevs, the co-founder of Tensor, the journey to building Tensor and attracting NFT traders was challenging, involving strategies like direct outreach to top traders to try the product. Moisejevs stated that this initial effort, though not scalable, played a crucial role in getting Tensor started.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Treasury Requests Congressional Support Against Illicit Actors in Crypto Space
Additionally, he informed that the Treasury had presented Congress with practical recommendations to extend their authorities and enhance tools for addressing illicit actors within the digital asset realm. Adeyemo highlighted recent sanctions imposed on Sinbad.io, a crypto mixer identified as a crucial money-laundering tool for a North Korea-sponsored cyber hacking group. Sinbad.io allegedly processed millions of dollars’ worth of cryptocurrency from cyber hacks, aiding cybercriminals in concealing illicit transactions.
Emphasizing the historical trend of illicit actors exploiting new technologies, Adeyemo noted that risks tend to shift to areas where global regulation and enforcement are less developed. The call for enhanced regulatory measures aims to curtail such activities in the evolving digital asset landscape.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Coinbase Co-Founder’s Strategic Trading: From Selling the Top to Buying the Bottom
Ehrsam initially revealed ownership of 17.7 million Coinbase shares leading up to the company’s direct listing in April 2021, distributed across five entities. In the months following the direct listing, a trust in Ehrsam’s name sold over 1.4 million Coinbase shares, generating $472 million at an average price of $328.86 per share. Following this sale, Coinbase’s stock experienced a 90% decline, briefly dropping below $32 at the beginning of 2023.
Recently, the trust executed another strategic move by selling 81,530 shares at $106.94 each, accumulating $8.7 million. With Forbes estimating Ehrsam’s personal fortune at $1.8 billion, this adds to his financial portfolio. As of today, Coinbase’s stock is valued at around $128, transforming the once $8 billion crypto company in January into a company worth over $30 billion, placing it ahead of vaccine-maker Moderna and just behind Spotify in market capitalization.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
The unauthorized access to Kronos Research’s API keys was reported last week, with experts confirming that the attacker primarily took stablecoins, resulting in losses of approximately $26 million in crypto assets. Kronos Research assured that despite the significant amount, the firm remains in good standing, and all losses will be covered internally without affecting partners.
Public negotiations between hackers and victims have become more common in the crypto space. In a recent incident involving KyberSwap, the hacker signed a transaction acknowledging the exploit and expressed willingness to negotiate when fully rested. KyberSwap, in response, offered a 10% bounty to incentivize the return of stolen funds.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: In December, dYdX Plans to Unlock $500 Million Worth of Tokens, Representing 30% of Its Supply
The decision to delay the unlock, initially scheduled for February, was announced on January 25 of this year, leading to a surge in dYdX’s price. However, the exchange recently faced a $9 million reduction in its insurance fund, described by its CEO as a “targeted attack.”
In the upcoming week, other notable token unlocks include Optimism, releasing 32.21 million tokens valued at $58 million on November 29, and 1inch, unlocking 98.74 million tokens worth $34.5 million on December 1, as per TokenUnlocks data.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Grayscale Submits Revised Bitcoin ETF Filing With Minimal Changes After SEC Discussions
In a positive development, the SEC’s Trading and Markets Division engaged in discussions with crypto firms awaiting ETF approvals, requesting them to submit amendments. On November 20, Grayscale executives, including CEO Michael Sonnenshein, Legal Chief Officer Craig Salm, and ETF Head Dave LaValle, met with regulators to discuss the required updates in the new filing.
Upon reviewing the revised filing, Seyffart noted that it carries few significant changes from the previous version. However, he emphasized that compared to the initial filing, the current version has undergone significant alterations. Notably, a section regarding cash orders has been shortened, and pages related to “risk disclosures” have been entirely removed.
Get your $550
Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register
0 notes
Text
Digifinex Labs: Richard Teng to Assume Role of Binance CEO, Succeeding Changpeng Zhao
Richard Teng brings with him significant experience, having previously served as the Chief Executive of the Financial Services Regulatory Authority at Abu Dhabi Global Market and as the Chief Regulatory Officer at the Singapore Exchange before joining Binance.
Following this announcement, Bitcoin experienced a 1.5% decline to approximately $36,917, while Binance Coin saw a more substantial drop of over 5% on Tuesday, reaching around $242, according to CoinDesk data.
Note: This content was produced by MarketWatch, operated independently from Dow Jones Newswires and The Wall Street Journal.
0 notes