There’ll really be much jubilation for the Coinbase team at the moment! Of course, who wouldn’t be happy? When you’ve been choosen to hold crypto for the U.S government? Well let’s take a look at how it all happened, in summary. How It Happened The U.S. Marshals Service (USMS), part of the Department of Justice, has selected Coinbase Prime to manage and trade its high-value assets, known as “Class 1” assets. This decision is good for the U.S. crypto sector. The USMS reviewed multiple options before choosing them through a thorough due diligence process. They was chosen for its robust…
Author: Xavi Pepple
In a recent development, a crypto whale identified as 0x837 has converted over $18 million worth of PEPE tokens into Ethereum (ETH) within the past few hours. Why Were These PEPE Tokens Converted This transaction coincides with a decline in the PEPE token’s price and heightened investor interest in Ethereum, driven by the anticipation of the spot Ethereum ETF. Recent reports reveal that whale 0x837 has liquidated its PEPE holdings in favor of Ethereum. Some hours ago, this whale withdrew 1,728 ETH, valued at around $5.86 million, from the Binance exchange. Over the past two days, 0x837 has accumulated a total…
Today we’ll be looking at the best metaverse cryptocurrencies. But what are Metaverse cryptocurrencies? Metaverse cryptocurrencies are assets used within virtual environments for transactions, ownership, and interactions. These cryptocurrencies enable users to buy, sell, and trade virtual goods, services, and properties within the metaverse. Incase you don’t know, the metaverse is an interconnected digital universe combining augmented reality (AR), virtual reality (VR), and blockchain technology. Metaverse cryptocurrencies often represent virtual land, digital items, or governance rights within their respective platforms, empowering users with true ownership and the ability to monetize their creations. So let’s now see the best metaverse cryptocurrencies. See…
According to Arkham Intelligence, a blockchain explorer, the U.S. government transferred 3,940 Bitcoins to coinbase , valued at approximately $241 million. See Also: Massive Bitcoin Whales Transactions The Reason Behind The Transfer of Bitcoins To Coinbase Arkham Intelligence’s data reveals that the government holds more than $13 billion worth of Bitcoin. The reason behind this recent transfer of Bitcoins to Coinbase remains unknown, and there has been no official statement regarding the transaction. However, many speculators believe that this move might be part of a plan for the government to offload some of its crypto holdings. The bitcoins in question were reportedly…
The SEC Chair Gary Gensler expressed confidence in the approval process for spot Ethereum ETFs during an interview at the Bloomberg Investment Summit. He did not, however, provide a specific timeline for when these ETFs might be available. The SECs Stand At The Moment Gensler emphasized that the main focus is on asset managers ensuring full disclosure in their registration statements so that the process can move forward smoothly. While he acknowledged that the timeline is not certain, he assured that the process is progressing well. Gensler initially suggested that spot Ethereum ETFs could be launched in the summer. Recently, the…
In Today’s article, we’ll talk about some good examples of non KYC crypto exchanges you can use to trade. Firstly what is KYC? KYC simply stands for the term “KNOW YOUR CUSTOMER”. So what are KYC crypto exchanges? KYC crypto exchanges are trading platforms that require users to verify their identities before they can fully access the platform’s services. This verification process involves submitting personal identification documents, such as a government-issued ID, proof of address, and sometimes a selfie for facial recognition. This simply also means Non KYC crypto exchanges are trading platforms that do not require users to submit personal identification…
A smart contract development company specializes in creating, deploying, and auditing self-executing contracts on blockchain platforms. These companies use blockchain technology to automate and secure transactions, offering services that include designing smart contracts, ensuring their security, and integrating them into various industries such as finance, supply chain, and insurance. But what exactly is smart contract? Let’s find out See Also: Smart Contract: Meaning, Uses and Benefits What Are Smart Contracts? Smart contract are self-executing contracts with the terms of the agreement directly written into lines of code. They operate on decentralized blockchain networks, such as Ethereum, and automatically enforce and execute the…
Recently, Solana’s price has maintained a level above $130 over the past 48 hours. With Solana gaining over 30% of the funds exiting the Ethereum network, it stands to gain significantly from the upcoming spot Ethereum (ETH) ETF launch. Solana’s Price Set to Gain from Ethereum ETF Inflows Since its inception in 2020, Solana has outperformed various so many projects. Over the past four years, Solana has established itself as a leading blockchain network for transactions, second only to Ethereum. This is largely due to its advanced and efficient blockchain, and growing global community. Data from DeFiLlama shows this, showing Solana…
Ever heard of a Crypto PR agency? what are they, do you know any examples? What are their benefits? We’ll find out in this article. Just sit back and read through briefly, we’ll explain crypto PR agencies to you in such a way you’ll never forget about them. What is a Crypto PR Agency A Crypto PR Agency is a specialized public relations firm that focuses on managing the public image and communications for crypto and Blockchain companies and projects. These agencies help to build the crypto projects, by building trust with stakeholders and increasing visibility. A Crypto PR agency helps to…
The Xmaster Formula Indicator popularly referred to as the Xmaster Formula Indicator Forex strategy, is a technical indicator used in Forex trading. Today we’ll discuss on the Xmaster Formula Indicator Forex strategy. We’ll show you how to install and use of it for more profitable trades. Introduction to the Xmaster Formula Indicator Forex Strategy The Xmaster Formula Indicator Forex strategy is an indicator strategy used in forex trading, known for its simplicity and effectiveness in identifying market trends. Origin and Development Originating in the early 2010s, it was developed by a group of experienced traders and programmers who aimed to…