Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC

Ethereum  Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC  Balita ng Ethereum ng Bitcoin  Financial services titan Franklin Templeton has listed its new spot market Ethereum (ETH) exchange-traded fund (ETF) with the Depository Trust and Clearing Corporation (DTCC).  In its products offering page, the DTCC has listed Ethereum-based exchange-traded products (ETPs) from key financial giants, including Franklin Templetons Ethereum TR Ethereum ETF (EZET).  The DTCC, founded in 1999, is a post-trade financial services firm that provides clearing and settlement services for markets. The DTCCs website routinely lists securities that are eligible to be traded, including ETFs that have gone through the proper approval process.  However, the listing on DTCC does not guarantee that the ETF will be approved by regulators.  During the last several months, Franklin Templeton and other firms – such as BlackRock, Hashdex, Bitwise and ARK Invest – applied with the U.S. Securities and Exchange Commission (SEC) to create spot market ETH-based ETFs.  In March, the regulatory body said that it needed more time to consider the matter and delayed making its decision until the end of May.  Last week, Bloomberg ETF analyst Eric Balchunas said that the chances of the SEC approving a spot market ETH ETF are low.  Franklin Templeton and other firms

2024-04-30Ethereum

Mananatili ba ang MATIC sa Sub-$1 Doldrums?

Tech  Mananatili ba ang MATIC sa Sub-$1 Doldrums?  Balita ng Ethereum ng Bitcoin  Polygon (MATIC), the high-speed scaling solution for Ethereum, has been on a rollercoaster ride this month. After a brutal price correction that saw MATIC tumble over 20%, a recent 24-hour surge has injected a dose of optimism into the market. But is this a sign of a full recovery, or a temporary reprieve before further decline?  Polygons Price Plunge: A Reality Check  CoinMarketCap data paints a sobering picture. MATIC has been steadily dropping down the ranks of the top 20 cryptocurrencies, currently sitting at number 18. This decline coincides with a significant price drop, with MATIC losing over a quarter of its value in the last 30 days.  Analysts like World of Charts point to the descending channel pattern on MATIC‘s daily chart, a classic indicator of a bearish trend. For a true price recovery, MATIC needs to overcome a crucial hurdle: the $0.77 resistance level. A breakout above this point could trigger a significant bull run to the $1 dollar level, but the climb won’t be easy.  Ang market cap ng MATIC ay kasalukuyang nasa $6.8 bilyon. Tsart: TradingView.com  Despite the recent price uptick, data suggests substantial selling pressure on Polygon. The exchange inflow

2024-04-29Industriya

Ang Trudeau ay nagmumungkahi ng 67% Capital Gains Tax para sa mga stock at crypto

crypto  Ang Trudeau ay nagmumungkahi ng 67% Capital Gains Tax para sa mga stock at crypto  Amidst the housing crisis in Canada, which has placed significant pressure on aspiring young homebuyers, Premier Justin Trudeau has proposed a new Capital Gains Tax. This tax would range from 50% to 67%, depending on the taxpayers income bracket.  The Capital Gains Tax is levied on individuals when they sell an asset or capital property, with capital gains representing the profits from such sales.  According to the Canada Revenue Agencys website, common capital properties include cottages, securities (such as stocks, bonds, cryptocurrencies, and units of a mutual fund trust), land, and buildings.  Who will be affected by the new Capital Gains Tax?  Starting June 25, the proposed alteration will impact individuals with over $250,000 CAD in capital gains annually. Corporations and trusts will also face increased tax obligations on a larger portion of their gains.  The government clarified that this change will primarily affect the wealthiest 0.13% of individuals, encompassing approximately 12% of Canadas corporations and Canadians with an average income of $1.42 million CAD.  The Liberals emphasized that 99.87% of Canadians will remain unaffected by this adjustment, which excludes the sale of primary residences. Projections indicate that this measure will generate

2024-04-29Industriya

Ang OKX Jumpstart ay naglabas ng BTC staking option para sa pagmimina ng Runecoin

Bitcoin  Ang OKX Jumpstart ay naglabas ng BTC staking option para sa pagmimina ng Runecoin  Crypto exchange OKX has announced the launch of a new mining phase for Runecoin through its OKX Jumpstart platform.  Starting at 7:00 am UTC on April 29 and concluding 24 hours later, a new initiative allows Bitcoin holders to stake their assets and receive Runecoin tokens in return.  Runecoin is based on the Runes Protocol and was initially distributed as a Pre-Rune airdrop to early Ordinals adopters. With a total supply of 21 billion tokens, Runecoin echoes the well-known maximum supply of Bitcoin, which is capped at 21 million tokens.  This event marks the first time a Bitcoin rune has been included on a major exchange, broadening Runecoins visibility and potentially enhancing the engagement and understanding of Ordinals and Runes within the Bitcoin ecosystem.  According to the distribution strategy outlined by the platform, 92.00% of the Runecoin total token supply is allocated for airdrops. The team retains 5.00%, while 1.75% is designated for OKX Jumpstart participants, and 1.25% is earmarked for liquidity purposes. Participants in the BTC staking pool have the opportunity to mine 367,500,000 Runecoin tokens.  Participants can deposit BTC into their funding accounts on the OKX application, navigate to the

2024-04-29Industriya

Meme Coins Price Analysis: Upcycles For DOGE, PEPE, SHIB?

Tech  Meme Coins Price Analysis: Upcycles For DOGE, PEPE, SHIB?  Balita ng Ethereum ng Bitcoin  The post Meme Coins Price Analysis: Upcycles For DOGE, PEPE, SHIB? appeared first on Coinpedia Fintech News  With a broader market slowdown, the meme coins are struggling to pull off any major recovery moves. As any signs of recovery in the market face a quick rise in supply due to profit booking, a healthy correction might now be carcinogenically bearish.  Breakdown Looms Over The #1 Meme Coin   Under a market-wide slowdown, the biggest meme coin, DOGE price, is experiencing a regular supply rise. This leads to a resistance trendline and a strong secondary bearish wave within a falling channel.  Tradingview  As the sellers examine the bullish dominance at the critical support zone at $0.1430, the breakdown chances are growing stronger. However, an optimistic eye hopes for a bullish reversal with a double bottom as the 4H RSI line shows a bullish divergence.  If the bullish momentum spikes at the support zone, the DOGE price could challenge the $0.185 mark or the 50% trend-based Fibonacci level. On the flip side, a downfall under $0.1430 will test the $0.1288 level.  Shiba Inu Trapped In A Triangle  Following Dogecoin, Shiba Inu holds the second most dominant position in

2024-04-29Industriya

Bumaba ng -22.76% ang AIOZ Network sa Nakaraang Buwan at Hinulaang Aabot sa $0.887299 Sa Mayo 03, 2024

Balita ng Ethereum ng Bitcoin  Ang AIOZ Network ay tumaas ng 3.10% ngayon laban sa Dolyar ng US  Ang AIOZ/BTC ay tumaas ng 3.70% ngayon  Ang AIOZ/ETH ay tumaas ng 2.65% ngayon  AIOZ Network is currently trading 26.89% below our prediction on May 03, 2024  Bumaba ang AIOZ Network -22.76% noong nakaraang buwan at tumaas ng 2,787.32% mula noong 1 taon ang nakalipasPresyo ng AIOZ Network$0.648709Hula ng AIOZ Network$0.887299DamdaminFear & Greed indexMga pangunahing antas ng suporta$0.605291, $0.583854, $0.570539Mga pangunahing antas ng paglaban$0.640043, $0.653359, $0.674795  Inaasahang tataas ang presyo ng AIOZ ng 30.25% sa susunod na 5 araw ayon sa aming hula sa presyo ng AIOZ Network  AIOZ Network price today is trading at $ 0.648709 after gaining 3.10% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.67% in the same time period. AIOZ performed well against BTC today and recorded a 3.70% gain against the worlds largest cryptocurrency.  According to our AIOZ Network price prediction, AIOZ is expected to reach a price of $ 0.887299 by May 03, 2024. This would represent a 30.25% price increase for AIOZ in the next 5 days.  AIOZ Price Prediction Chart  Bumili/Magbenta ng AIOZ Network  Ano ang nangyayari sa AIOZ Network sa nakalipas na

2024-04-29Industriya

Inaangkin ng mga Analyst na Naabot ng Bitcoin ang Nangungunang Market, Tinatarget ang $42,000

Recent analyses from leading cryptocurrency experts suggest that Bitcoin, currently oscillating between $63,000 and $61,000, could be poised for a significant downturn.  These analysts warn about a potential market top that could result in an aggressive price correction.  Why Bitcoin May Crash to $42,000  Technical analyst DonAlt expresses concerns about the $63,000 – $61,000 support price ranges recurring tests, which could weaken.  “Bitcoin is back to the same old level between $63,000 and $61,000. The more often its tested the more likely it is to break. I think even the bulls would want to get a washout below it at this point,” DonAlt explained.  He predicts that even bullish investors are bracing for a drop to levels as low as $52,000 or $46,000. According to DonAlt, this market correction could shake off complacent sentiments.  Complacency in the crypto market often emerges after extended periods of price increases, where investors grow overly optimistic, overlooking potential risks. This sentiment can diminish market vigilance and trading volumes, increasing vulnerability to sudden market corrections.  “I believe the crypto market is in complacency until proven otherwise or until $68,000 is reclaimed or the range is lost and then reclaimed again,” DonAlt added.  Bitcoin Price Chart. Source: X  Meanwhile, analyst Murad Mahmudov provides a more

2024-04-29Bitcoin

4 Reasons Why Ethereum Is Not a Security: Consensys

Ethereum has come under scrutiny from the Securities and Exchange Commission (SEC), which has hinted at classifying it as a security. This move by the SEC has sparked controversy, especially after a clear stance in 2018 that Ethereum did not meet the criteria of a security.  Blockchain software company Consensys has firmly positioned itself against the SECs reconsideration in light of these events. Here are four compelling reasons supporting why Ethereum should not be deemed a security.  1. Historical SEC Stance on Ethereum  In 2018, William Hinman, then Director of the Division of Corporation Finance at the SEC, made a significant speech indicating that Ethereum was not considered a security.  “Isinasantabi ang pangangalap ng pondo na sinamahan ng paglikha ng [Ethereum], batay sa aking pag-unawa sa kasalukuyang estado ng [Ethereum], ang Ethereum network at ang desentralisadong istruktura nito, kasalukuyang mga alok at benta ng [Ethereum] ay hindi mga transaksyon sa seguridad,” Hinman sabi.  This historical stance by the SEC forms a cornerstone of the argument against its current reclassification efforts. The SEC has not formally retracted this position, leading to a strong presumption favoring Ethereums current non-security status.  “Based on Director Hinmans point in 2018, there is no difference between now and 2018. Today, in terms

2024-04-29Ethereum

Binuhay ng Stripe ang Mga Pagbabayad sa Crypto Pagkatapos ng 6 na Taon na Hiatus, Nagsisimula Sa USDC

Binuhay ng Stripe ang Mga Pagbabayad sa Crypto Pagkatapos ng 6 na Taon na Hiatus, Nagsisimula Sa USDC  Payments company Stripe announces its return to crypto payments after a six-year hiatus, starting with support for USDC stablecoin.  Re-entry Announcement  After being out of the crypto payments game for six years, renowned payments processor Stripe is re-entering the arena, kicking off with the USDC stablecoin.  During a keynote address at Stripe‘s Global Internet Economy conference, co-founder and President John Collison declared the company’s return to crypto payments.  Collison highlighted the improved transaction settlements, stating,  “Transaction settlements are no longer comparable with Christopher Nolan films for length. And transaction costs are no longer comparable with Christopher Nolan films for budget.”  He emphasized a better experience this time and demonstrated a live transaction on stage.  Initial Crypto Acceptance Through USDC  Stripe will initially accept payments in cryptocurrency, starting with USDC stablecoins. While the first round of payments will be limited to Solana, Ethereum, and Polygon, this marks a significant step as the platform hasnt accepted crypto payments since 2018.  In 2022, Stripe, along with Twitter (now X), introduced a program allowing creators on the social platform to receive payments in USDC on Polygon. It also created fiat-to-crypto on-ramps through APIs in collaboration with

2024-04-29Industriya

Ginagawa ng Solana trader ang $49,000 sa $2 milyon sa loob ng 5 oras

A Solana (SOL) ecosystem cryptocurrency trader made nearly 4,000% of unrealized gains in a 5-hour trade, raising alerts for insider trading. The initial investment worth $49,000 suddenly became a $2 million stack of TORI, a recently launched meme coin.  Ayon sa isang ulat by , a trader spent 344 SOL, worth $49,000, to purchase 261.4 million TORI. The initial SOL originated from two Binance withdrawals to two new wallet addresses on April 25 and 26.  Notably, the trader transferred the TORI tokens to multiple addresses on April 28, immediately after buying them. The 261.4 million TORI has a valuation of $2 million and reached approximately five hours after the trading activity.  This raised an alert for insider trading, as and several other accounts commented on X (formerly Twitter). Furthermore, the addresses followed a similar behavior, suggesting they belong to the same entity.  Insider trading?  This guy turned $49K to $2M in just 5 hours, a gain of 41x!  Inalis niya ang 345.6 $ SOL($49K) mula sa #Binance via 2 fresh wallets and spent 344 $ SOL($49K) para bumili ng 261.4M $TORI.  He transferred the 261.4M $TORI to multiple wallets without selling them.  $2 million-worth Solana trader may face liquidity issues  However, the trader now needs to liquidate the tokens

2024-04-29Industriya
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