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Bitcoin Miner Core Scientific Set to Emerge From Core Scientific Set for a Major TurnaroundCore Scientific, Inc., a major #bitcoin miner, is about to emerge from Chapter 11 bankruptcy. In a press release on their website, Core Scientific announced that the Southern District of Texas bankruptcy court has green-lighted its reorganization plans, setting the stage for the company to relist its shares on Nasdaq by the month’s end.The company’s reorganization strategy involves full repayment of its existing debt, with current shareholders receiving approximately 60% of the new company’s equity.Speaking about the recent approval of their plan, Adam Sullivan, CEO of Core Scientific, emphasized that the company is set to emerge stronger by the end of the month. He continued:With demand for Bitcoin and high-value compute continuing to rise, we look forward to creating value for our shareholders as we execute our growth plan, de-lever our balance sheet and deliver superior efficiency at scale.The court’s approval followed Core Scientific’s successful closure of a $55 million equity rights offering earlier this month, one of the last steps in the miner’s restructuring journey. At the height of the 2021 bull market, Core Scientific was the largest publicly traded bitcoin miner by computing power, representing about 10% of computing power on the network. However, the plummeting bitcoin price, which dropped from over $60,000 to below $20,000, coupled with rising energy prices pushed the company into Chapter 11 on Dec. 21, 2022.Now, as Core Scientific prepares to exit bankruptcy, the landscape appears more favorable. Bitcoin’s price has rebounded to above $40,000, spurred by investor interest following the SEC’s approval of spot bitcoin #ETFs. in the U.S.#BitcoinETF #binanceSquare #BinanceFeed.

Bitcoin Miner Core Scientific Set to Emerge From

Core Scientific Set for a Major TurnaroundCore Scientific, Inc., a major #bitcoin miner, is about to emerge from Chapter 11 bankruptcy. In a press release on their website, Core Scientific announced that the Southern District of Texas bankruptcy court has green-lighted its reorganization plans, setting the stage for the company to relist its shares on Nasdaq by the month’s end.The company’s reorganization strategy involves full repayment of its existing debt, with current shareholders receiving approximately 60% of the new company’s equity.Speaking about the recent approval of their plan, Adam Sullivan, CEO of Core Scientific, emphasized that the company is set to emerge stronger by the end of the month. He continued:With demand for Bitcoin and high-value compute continuing to rise, we look forward to creating value for our shareholders as we execute our growth plan, de-lever our balance sheet and deliver superior efficiency at scale.The court’s approval followed Core Scientific’s successful closure of a $55 million equity rights offering earlier this month, one of the last steps in the miner’s restructuring journey. At the height of the 2021 bull market, Core Scientific was the largest publicly traded bitcoin miner by computing power, representing about 10% of computing power on the network. However, the plummeting bitcoin price, which dropped from over $60,000 to below $20,000, coupled with rising energy prices pushed the company into Chapter 11 on Dec. 21, 2022.Now, as Core Scientific prepares to exit bankruptcy, the landscape appears more favorable. Bitcoin’s price has rebounded to above $40,000, spurred by investor interest following the SEC’s approval of spot bitcoin #ETFs. in the U.S.#BitcoinETF #binanceSquare #BinanceFeed.
A Spot Bitcoin ETF in U.S. Opens Up the Universe of the Pensions, Insurers, etc In a recent interview, Mathew McDermott, the head of digital assets at Goldman Sachs, shared his thoughts with FOX Business on the future of digital assets and blockchain technology. McDermott highlighted the increasing involvement of traditional financial institutions in the digital assets space over the last 12 to 18 months. He attributed this trend to a growing recognition of the potential for digital assets to create efficiencies and reduce risks in business operations, aided by improved regulatory clarity worldwide.McDermott emphasized that the digital assets market has reached a stage where the technology’s efficacy is broadly accepted, allowing the focus to shift to building out and scaling the technology. This development, he believes, is crucial for realizing the commercial value proposition of digital assets.Looking ahead to 2024, McDermott anticipates significant advancements in tokenization and the development of marketplaces, particularly in the context of investor adoption. He expects the emergence of secondary liquidity on blockchain platforms to be a key driver of this trend. According to McDermott, this development will facilitate scale adoption, especially among buy-side investors.Another area of growth McDermott foresees is in enhancing collateral mobility by addressing inefficiencies in the financial market’s infrastructure. He predicts that adopting blockchain technology will reveal immediate commercial benefits, including reduced risks and improved operational settlement.McDermott also discussed the potential impact of the approval of spot exchange-traded funds (ETFs) for Bitcoin and Ethereum, which the Securities and Exchange Commission is currently considering. He believes that such approval could attract more institutional investors to the digital assets market, even if they do not directly invest in the underlying assets. This, he says, will broaden and deepen market liquidity by creating institutional products accessible to entities like pension funds and insurers:“… it broadens and deepens the liquidity in the market. And why does it do that? It does that because you’re actually creating institutional products that can be traded by institutions that don’t need to touch the bare assets,” McDermott said. “And I think that, to me, that opens up the universe of the pensions, insurers, etc.“While McDermott does not expect an immediate major change in the marketplace following the approval of spot cryptocurrency ETFs, he predicts a gradual increase in liquidity and interest in these products throughout the year. He also anticipates growth initially focused on more traditional asset classes, gradually expanding to more opaque asset classes later in the year and beyond:“I think what you’ll see gradually and throughout the year, even if it’s approved, kind of first quarter, is a broadening and a deepening of the liquidity and those looking to trade the product. It is, as we all know, the highest performing asset class this year.“$BTC #BitcoinETF #BinanceFeed. #BinanceSquare.

A Spot Bitcoin ETF in U.S. Opens Up the Universe of the Pensions, Insurers, etc

In a recent interview, Mathew McDermott, the head of digital assets at Goldman Sachs, shared his thoughts with FOX Business on the future of digital assets and blockchain technology. McDermott highlighted the increasing involvement of traditional financial institutions in the digital assets space over the last 12 to 18 months. He attributed this trend to a growing recognition of the potential for digital assets to create efficiencies and reduce risks in business operations, aided by improved regulatory clarity worldwide.McDermott emphasized that the digital assets market has reached a stage where the technology’s efficacy is broadly accepted, allowing the focus to shift to building out and scaling the technology. This development, he believes, is crucial for realizing the commercial value proposition of digital assets.Looking ahead to 2024, McDermott anticipates significant advancements in tokenization and the development of marketplaces, particularly in the context of investor adoption. He expects the emergence of secondary liquidity on blockchain platforms to be a key driver of this trend. According to McDermott, this development will facilitate scale adoption, especially among buy-side investors.Another area of growth McDermott foresees is in enhancing collateral mobility by addressing inefficiencies in the financial market’s infrastructure. He predicts that adopting blockchain technology will reveal immediate commercial benefits, including reduced risks and improved operational settlement.McDermott also discussed the potential impact of the approval of spot exchange-traded funds (ETFs) for Bitcoin and Ethereum, which the Securities and Exchange Commission is currently considering. He believes that such approval could attract more institutional investors to the digital assets market, even if they do not directly invest in the underlying assets. This, he says, will broaden and deepen market liquidity by creating institutional products accessible to entities like pension funds and insurers:“… it broadens and deepens the liquidity in the market. And why does it do that? It does that because you’re actually creating institutional products that can be traded by institutions that don’t need to touch the bare assets,” McDermott said. “And I think that, to me, that opens up the universe of the pensions, insurers, etc.“While McDermott does not expect an immediate major change in the marketplace following the approval of spot cryptocurrency ETFs, he predicts a gradual increase in liquidity and interest in these products throughout the year. He also anticipates growth initially focused on more traditional asset classes, gradually expanding to more opaque asset classes later in the year and beyond:“I think what you’ll see gradually and throughout the year, even if it’s approved, kind of first quarter, is a broadening and a deepening of the liquidity and those looking to trade the product. It is, as we all know, the highest performing asset class this year.“$BTC #BitcoinETF #BinanceFeed. #BinanceSquare.
Market is not Stable so be careful gyz. Do your own research and lean risk management.📚 Stay connect with us and follow for more On #BinanceFeed.
Market is not Stable so be careful gyz.
Do your own research and lean risk management.📚

Stay connect with us and follow for more On #BinanceFeed.
Current Status Of Man Who Urged People to Buy $1 in Bitcoin (BTC) 10 Years Ago Davinci Jeremie, a young man from Chile, recently elicited a stir online via one of his YouTube videos from about ten years ago. In the video, which resurfaced after it was initially shared in 2013, Jeremie was seen advising his viewers to invest as little as $1 in Bitcoin (BTC).In his exact words, he stated, “Now, I’m hoping that every single one of you buys $1 worth of Bitcoin because you all will be thanking me for that $1 worth of Bitcoin.”Details Of Jeremie’s Old VideoIn the video, Jeremy described what Bitcoin is all about, noting that the cryptocurrency is bigger than any regulatory body that might want to impede digital asset expansion. He remarked that the coin was designed to regulate itself.Still describing the largest cryptocurrency, Jeremy stated that Satoshi Nakamoto already included all that was required for the coin to boom once it gets bigger. He termed BTC a “Freedom provider for the rest of humanity.”Apart from everything he said in the video, the clip’s description was equally compelling. Jeremy noted, “Look, for the price of a lotto ticket, you can hold Bitcoin (BTC) for ten years and become a millionaire. It’s time you stop living in fear. If it goes to zero, you lose $1, who cares!!!”Did People Act On Jeremy’s Advice In the video, Jeremy acknowledged that his pleas might be paid deaf ears, which was unfortunately the outcome, as was revealed in a recent interview. In a discussion with CoinTelegraph in June 2023, the Bitcoin advocate noted that many people didn’t listen to his pleas. According to him, he thought he was going to be a hero guiding people to financial freedom. However, the reverse was the case, as these people thought he was going crazy.What A $1 Bitcoin Investment In 2013 Is Worth Currently?According to Investopedia, a renowned crypto assets price tracker, Bitcoin crossed $100 in April and $200 in October, implying that Bitcoin’s minimum and maximum price should be between both extremes.Taking $100 as a potential Bitcoin selling price when Jeremy made his video, $1 would have purchased 0.01 worth of Bitcoin (BTC). At Bitcoin’s all-time high (ATH), 0.01 BTC sold for about $690.45. Now, imagine the outcome if the investment capital was raised to about $10 or even $100. It goes a long way to tell you how wealthy Jeremy must have become over these years.#PopularEcosystems #binancesquer #BinanceFeed.

Current Status Of Man Who Urged People to Buy $1 in Bitcoin (BTC) 10 Years Ago

Davinci Jeremie, a young man from Chile, recently elicited a stir online via one of his YouTube videos from about ten years ago. In the video, which resurfaced after it was initially shared in 2013, Jeremie was seen advising his viewers to invest as little as $1 in Bitcoin (BTC).In his exact words, he stated, “Now, I’m hoping that every single one of you buys $1 worth of Bitcoin because you all will be thanking me for that $1 worth of Bitcoin.”Details Of Jeremie’s Old VideoIn the video, Jeremy described what Bitcoin is all about, noting that the cryptocurrency is bigger than any regulatory body that might want to impede digital asset expansion. He remarked that the coin was designed to regulate itself.Still describing the largest cryptocurrency, Jeremy stated that Satoshi Nakamoto already included all that was required for the coin to boom once it gets bigger. He termed BTC a “Freedom provider for the rest of humanity.”Apart from everything he said in the video, the clip’s description was equally compelling. Jeremy noted, “Look, for the price of a lotto ticket, you can hold Bitcoin (BTC) for ten years and become a millionaire. It’s time you stop living in fear. If it goes to zero, you lose $1, who cares!!!”Did People Act On Jeremy’s Advice In the video, Jeremy acknowledged that his pleas might be paid deaf ears, which was unfortunately the outcome, as was revealed in a recent interview. In a discussion with CoinTelegraph in June 2023, the Bitcoin advocate noted that many people didn’t listen to his pleas. According to him, he thought he was going to be a hero guiding people to financial freedom. However, the reverse was the case, as these people thought he was going crazy.What A $1 Bitcoin Investment In 2013 Is Worth Currently?According to Investopedia, a renowned crypto assets price tracker, Bitcoin crossed $100 in April and $200 in October, implying that Bitcoin’s minimum and maximum price should be between both extremes.Taking $100 as a potential Bitcoin selling price when Jeremy made his video, $1 would have purchased 0.01 worth of Bitcoin (BTC). At Bitcoin’s all-time high (ATH), 0.01 BTC sold for about $690.45. Now, imagine the outcome if the investment capital was raised to about $10 or even $100. It goes a long way to tell you how wealthy Jeremy must have become over these years.#PopularEcosystems #binancesquer #BinanceFeed.
Hey Binancian! I'm looking for inspirational / educational #binancians to follow here on #BinanceFeed. Who are the top 3 creators you're currently following? 👀
Hey Binancian!

I'm looking for inspirational / educational #binancians to follow here on #BinanceFeed.

Who are the top 3 creators you're currently following? 👀
El Salvador's Bitcoin Freedom Visa Will Sell Out El Salvador’s Freedom Visa for crypto investors is expected to sell out its 1,000 places before the end of the month, according to the country’s National #Bitcoin Office (ONBTC).A spokesperson from ONBTC told that it already has hundreds of inquiries and dozens of online and in-person applications at embassies and consulates.$1 Million Price Tag For El Salvador Bitcoin Freedom Visa “Fair”El Salvador announced the visa program earlier this week, saying it is open to those who invest $1 million in BTC or USDT.The $1 million price tag met mixed reactions from the crypto community, with some saying the program was uncompetitive.The National Bitcoin Office believes the price tag is fair.“If anything, in fact, it is actually underpriced,” said the spokesperson. “While there are many citizenship programs available in the world, there is only one Bitcoin country.”Despite the price tag, the program will likely appeal to many crypto supporters because of the nation’s friendly legal framework.El Salvador gave regulatory approval for its long-awaited Bitcoin bonds on Dec. 12, the world’s first, and said they will launch in Q1 next year. Proceeds from the bond issue will fund the construction of a “Bitcoin City.”El Salvador does not impose capital gains taxes on Bitcoin investors and removed taxation for crypto firms operating in the country.RelatedBullish Sentiment Surges as Centralized ExchangesIn a noteworthy trend indicative of a shifting landscape, centralized cryptocurrency exchanges have experienced record outflows over the past 12 months, signaling a growing bullish sentiment within the digital asset space.Investors and traders have historically relied on centralized exchanges for their ease of use and accessibility. However, recent data points to a substantial movement of funds away from these platforms, suggesting a shift in market dynamics. This trend is particularly noteworthy as it coincides with a period of increased interest and innovation within the decentralized finance (DeFi) sector.The surge in outflows from centralized exchanges is seen by many as a vote of confidence in decentralized alternatives. Decentralized exchanges (DEXs) operate without a central authority, offering users greater control over their funds and trading activities. This departure from the traditional model aligns with the foundational principles of cryptocurrencies, emphasizing decentralization and autonomy.The increasing popularity of decentralized exchanges is not only reflective of a desire for increased financial sovereignty but also indicative of a broader sentiment favoring the principles of blockchain technology. Smart contract platforms, such as Ethereum, have played a pivotal role in enabling the development of decentralized exchanges and facilitating the transition away from centralized counterparts.Market analysts suggest that this trend may be driven by concerns over security and trust, with decentralized exchanges providing a more resilient and censorship-resistant alternative. Additionally, the yield farming opportunities and innovative financial products offered by DeFi platforms have attracted users seeking more than just basic trading functionalities.While the bullish sentiment grows, it's important to acknowledge the challenges and risks associated with decentralized exchanges, including liquidity concerns and smart contract vulnerabilities. However, the record outflows from centralized exchanges underscore a broader shift in investor preferences and highlight the evolving landscape of the cryptocurrency market.As the digital asset ecosystem continues to mature, the rise of decentralized exchanges may represent a fundamental transformation in how individuals engage with cryptocurrencies. The record outflows from centralized exchanges over the past 12 months serve as a compelling indicator of a market in flux, with participants increasingly opting for decentralized solutions that align with the decentralized ethos at the core of the crypto movement.#BinanceSquare #BinanceFeed.

El Salvador's Bitcoin Freedom Visa Will Sell Out

El Salvador’s Freedom Visa for crypto investors is expected to sell out its 1,000 places before the end of the month, according to the country’s National #Bitcoin Office (ONBTC).A spokesperson from ONBTC told that it already has hundreds of inquiries and dozens of online and in-person applications at embassies and consulates.$1 Million Price Tag For El Salvador Bitcoin Freedom Visa “Fair”El Salvador announced the visa program earlier this week, saying it is open to those who invest $1 million in BTC or USDT.The $1 million price tag met mixed reactions from the crypto community, with some saying the program was uncompetitive.The National Bitcoin Office believes the price tag is fair.“If anything, in fact, it is actually underpriced,” said the spokesperson. “While there are many citizenship programs available in the world, there is only one Bitcoin country.”Despite the price tag, the program will likely appeal to many crypto supporters because of the nation’s friendly legal framework.El Salvador gave regulatory approval for its long-awaited Bitcoin bonds on Dec. 12, the world’s first, and said they will launch in Q1 next year. Proceeds from the bond issue will fund the construction of a “Bitcoin City.”El Salvador does not impose capital gains taxes on Bitcoin investors and removed taxation for crypto firms operating in the country.RelatedBullish Sentiment Surges as Centralized ExchangesIn a noteworthy trend indicative of a shifting landscape, centralized cryptocurrency exchanges have experienced record outflows over the past 12 months, signaling a growing bullish sentiment within the digital asset space.Investors and traders have historically relied on centralized exchanges for their ease of use and accessibility. However, recent data points to a substantial movement of funds away from these platforms, suggesting a shift in market dynamics. This trend is particularly noteworthy as it coincides with a period of increased interest and innovation within the decentralized finance (DeFi) sector.The surge in outflows from centralized exchanges is seen by many as a vote of confidence in decentralized alternatives. Decentralized exchanges (DEXs) operate without a central authority, offering users greater control over their funds and trading activities. This departure from the traditional model aligns with the foundational principles of cryptocurrencies, emphasizing decentralization and autonomy.The increasing popularity of decentralized exchanges is not only reflective of a desire for increased financial sovereignty but also indicative of a broader sentiment favoring the principles of blockchain technology. Smart contract platforms, such as Ethereum, have played a pivotal role in enabling the development of decentralized exchanges and facilitating the transition away from centralized counterparts.Market analysts suggest that this trend may be driven by concerns over security and trust, with decentralized exchanges providing a more resilient and censorship-resistant alternative. Additionally, the yield farming opportunities and innovative financial products offered by DeFi platforms have attracted users seeking more than just basic trading functionalities.While the bullish sentiment grows, it's important to acknowledge the challenges and risks associated with decentralized exchanges, including liquidity concerns and smart contract vulnerabilities. However, the record outflows from centralized exchanges underscore a broader shift in investor preferences and highlight the evolving landscape of the cryptocurrency market.As the digital asset ecosystem continues to mature, the rise of decentralized exchanges may represent a fundamental transformation in how individuals engage with cryptocurrencies. The record outflows from centralized exchanges over the past 12 months serve as a compelling indicator of a market in flux, with participants increasingly opting for decentralized solutions that align with the decentralized ethos at the core of the crypto movement.#BinanceSquare #BinanceFeed.
Bitcoin ETF Fever Fades. Coinbase Has a Bigger Challenge This Week. *** ONE-TIME USE *** Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., in April 2021. Michael Nagle/Bloomberg The debut of the first spot Bitcoin exchange-traded funds ended up being a “sell the news” moment—not just for digital assets but for Coinbase Global stock. But for all of last week’s hype, Coinbase’s real challenges are still on the way. The first of those tests comes Wednesday, when a federal judge will hear oral arguments in a lawsuit between Coinbase and the Securities and Exchange Commission. The SEC last year sued Coinbase for allegedly operating an unregistered securities exchange. Coinbase on Wednesday is attempting to convince the judge to dismiss those allegations in the case’s early stages. “Motions to dismiss are rarely won, but we think it’s an important day where both sides can continue to express their views and get closer to the facts,” Coinbase Chief Financial Officer Alesia Haas told Barron’s on the sidelines of the World Economic Forum in Davos, Switzerland. “Our legal arguments are on our side: These are not securities.” Whether the case is successfully dismissed or proceeds could have big ramifications for Coinbase’s business. Its stock has dropped about 23% so far in January after quadrupling in 2023. Last year’s run-up came as the crypto market shook off the bankruptcy of competitor FTX and as the chances of a Bitcoin ETF approval increased. The approval finally came to pass last Wednesday. The court case is arguably even more important to the platform. The SEC’s complaint alleges that at least 13 assets Coinbase allows to trade are securities that should have been registered with the agency. It also said that Coinbase’s “staking as a service” product—in which investors post tokens in exchange for yield—should have been registered. SEC Chair Gary Gensler in a statement accompanying the agency’s approval of Bitcoin ETFs warned that the funds’ approval shouldn’t be taken as an indication the agency is backing off crypto enforcement. Newsletter Sign-up “Today’s action does not approve or endorse crypto trading platforms or intermediaries, which, for the most part, are noncompliant with the federal securities laws and often have conflicts of interest,” Gensler said. Haas noted that “alt coins”—not including Bitcoin or Ether—account for about a third of Coinbase’s trading volume, meaning that the tokens targeted by the SEC specifically are an even smaller fraction of that. However, alt-coin trading could become a more important part of Coinbase’s revenue. The Bitcoin ETF approval, for example, makes it easy for retail investors to buy Bitcoin with no trading commissions on brokers such as Fidelity and Robinhood Markets with a very low annual expense ratio. That could draw Bitcoin trading from Coinbase, where retail investors can pay fees and spreads well in excess of 1%. “The pending litigation with the SEC as well as a broader ongoing lack of regulatory clarity remains an overhang for COIN,” wrote Bank of America analysts led by Jason Kupferberg in a research note last week. The analysts in their note reiterated an “Underperform” rating on the stock, while raising their price target to $79 from $66 on the back of stronger crypto-trading volumes. The judge in the U.S. District Court for the Southern District of New York isn’t expected to make a ruling on Wednesday, and the case, including appeals, could drag out for years. With Congress in an election year unlikely to give Coinbase the regulatory relief it has long sought, 2024 could be a bumpy ride.#BITCOINETF #binanceSquare #BinanceFeed.

Bitcoin ETF Fever Fades. Coinbase Has a Bigger Challenge This Week.

*** ONE-TIME USE *** Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., in April 2021. Michael Nagle/Bloomberg The debut of the first spot Bitcoin exchange-traded funds ended up being a “sell the news” moment—not just for digital assets but for Coinbase Global stock. But for all of last week’s hype, Coinbase’s real challenges are still on the way. The first of those tests comes Wednesday, when a federal judge will hear oral arguments in a lawsuit between Coinbase and the Securities and Exchange Commission. The SEC last year sued Coinbase for allegedly operating an unregistered securities exchange. Coinbase on Wednesday is attempting to convince the judge to dismiss those allegations in the case’s early stages. “Motions to dismiss are rarely won, but we think it’s an important day where both sides can continue to express their views and get closer to the facts,” Coinbase Chief Financial Officer Alesia Haas told Barron’s on the sidelines of the World Economic Forum in Davos, Switzerland. “Our legal arguments are on our side: These are not securities.” Whether the case is successfully dismissed or proceeds could have big ramifications for Coinbase’s business. Its stock has dropped about 23% so far in January after quadrupling in 2023. Last year’s run-up came as the crypto market shook off the bankruptcy of competitor FTX and as the chances of a Bitcoin ETF approval increased. The approval finally came to pass last Wednesday. The court case is arguably even more important to the platform. The SEC’s complaint alleges that at least 13 assets Coinbase allows to trade are securities that should have been registered with the agency. It also said that Coinbase’s “staking as a service” product—in which investors post tokens in exchange for yield—should have been registered. SEC Chair Gary Gensler in a statement accompanying the agency’s approval of Bitcoin ETFs warned that the funds’ approval shouldn’t be taken as an indication the agency is backing off crypto enforcement. Newsletter Sign-up “Today’s action does not approve or endorse crypto trading platforms or intermediaries, which, for the most part, are noncompliant with the federal securities laws and often have conflicts of interest,” Gensler said. Haas noted that “alt coins”—not including Bitcoin or Ether—account for about a third of Coinbase’s trading volume, meaning that the tokens targeted by the SEC specifically are an even smaller fraction of that. However, alt-coin trading could become a more important part of Coinbase’s revenue. The Bitcoin ETF approval, for example, makes it easy for retail investors to buy Bitcoin with no trading commissions on brokers such as Fidelity and Robinhood Markets with a very low annual expense ratio. That could draw Bitcoin trading from Coinbase, where retail investors can pay fees and spreads well in excess of 1%. “The pending litigation with the SEC as well as a broader ongoing lack of regulatory clarity remains an overhang for COIN,” wrote Bank of America analysts led by Jason Kupferberg in a research note last week. The analysts in their note reiterated an “Underperform” rating on the stock, while raising their price target to $79 from $66 on the back of stronger crypto-trading volumes. The judge in the U.S. District Court for the Southern District of New York isn’t expected to make a ruling on Wednesday, and the case, including appeals, could drag out for years. With Congress in an election year unlikely to give Coinbase the regulatory relief it has long sought, 2024 could be a bumpy ride.#BITCOINETF #binanceSquare #BinanceFeed.
SEC-- A First in Spot Bitcoin ETF Talks! Bloomberg There has been a new development on the spot #Bitocin #ETF front, which has been expected to be approved for a long time and January 10 has been pointed out for possible approval.While the companies that have applied for the spot Bitcoin ETF to date have updated their applications in line with the SEC's statements and expectations, many companies have held meetings with the SEC.However, there was a first in spot BTC ETF applications.Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.However, there was a first in spot BTC ETF applications.Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.Related:Will Dogecoin (DOGE) Reach One Dollar?Dogecoin (DOGE) reaching $1 has become a common aspiration. But is it a realistic goal or a delusion? While there are contrary opinions, analysts believe Meme Moguls (MGLS), a new ICO, will. This P2E memecoin is currently in the first stage of its presale and has been tipped for a 100x upside.This post will cover the possibility of Dogecoin reaching $1 and present opposing arguments. Further, it will explore why Meme Moguls is the best new crypto to invest in. Let’s begin.Dogecoin Price Prediction: Will It Reach the Historic $1?Dogecoin (DOGE) is one of the most popular cryptocurrencies on the market, despite its humble origins. By market capitalization, it ranks tenth, highlighting its popularity.This memecoin reaching $1 has become one of the most discussed topics in the crypto community. At the time of writing, the Dogecoin price is $0.093, depending on the market sentiment.Related:Crypto Analyst Predicts Major Price Shift For Cardano (ADA)LuckSide, a crypto analyst, has weighed in on the price action of Cardano (ADA), giving an analysis of the near-term price performance of the crypto asset. The crypto analyst recently shared his predictions for Cardano (ADA) with the crypto community during one of his YouTube videos. In the YouTube video – “CARDANO ADA – MOMENT OF TRUTH!,” LuckSide asserted that ADA is at a critical crossroads.The analyst revealed a technical projection that indicates ADA is about to undergo a major price shift. According to him, this is either a bullish or a bearish trajectory in the near future.LuckSide finds signals that are pointing in the direction of a significant price shift, after analyzing ADA’s price charts. This analysis is centered on the significant price gap in the Cardano native token.LuckSide asserted that the gap is “where the highest concentration of liquidity is located for ADA.” This is marked by ongoing selling pressure at the resistance level between “$0.60 and $0.67,” in sharp contrast to a $0.40 level. This gap denotes an unexplored area and suggests a potential strong move, given ADA’s price history. He noted that Cardano could either rise to test the resistance level around $0.70 or drop to the $0.40 support level.The crypto expert also pointed out signs of robustness and strength of ADA in his video. The stability of pivotal support levels and moving averages underscores the strength of the crypto asset.The larger market indicators, such as the volatility and price stability of Bitcoin (BTC), further support this resiliency. The analyst also attributed the market’s movement to the impending Bitcoin Halving event in Mid-2024, due to its market impact. However, LuckSide notes that unforeseen circumstances have the potential to change ADA’s direction while conceding the unpredictability of the market. He further added that although, a decline to $0.40 “might create opportunities to buy the token at a lesser price.”Charles Hoskinson, the founder of Cardano recently underscored the network’s growth, acknowledging that it mimics the natural growth of Bitcoin. The founder took to X (formerly Twitter) to celebrate the network’s performance with the community.In the X post, Hoskinson stated that he has been observing with “glee as some people worry about Cardano’s blocks filling up.” He further reminded the community about the criticism of the network being a useless “ghost chain,” with no liquidity.Hoskinson has assured the community that “Cardano is designed to handle these loads.” He noted a “huge design space” that optimizes the network and DApps for greater scalability in the short and long term.In addition, he has highlighted the network’s victories without Venture Capital (VCs), the media, or influencers. My name is Godspower Owie and i am an employee for Bitcoinnist and NewsBTC news outlet. Sometimes i like to picture myself as an explorer, this is because i like visiting new places, i like learning new things (useful things to be precise), i like meeting new people - people who makes an impact in my life no matter how little it is. I cherish my time, my work, my family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, i chase dreams. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.#bitcoinETF #BinanceSquare. #BinanceFeed.

SEC-- A First in Spot Bitcoin ETF Talks! Bloomberg

There has been a new development on the spot #Bitocin #ETF front, which has been expected to be approved for a long time and January 10 has been pointed out for possible approval.While the companies that have applied for the spot Bitcoin ETF to date have updated their applications in line with the SEC's statements and expectations, many companies have held meetings with the SEC.However, there was a first in spot BTC ETF applications.Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.However, there was a first in spot BTC ETF applications.Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.Related:Will Dogecoin (DOGE) Reach One Dollar?Dogecoin (DOGE) reaching $1 has become a common aspiration. But is it a realistic goal or a delusion? While there are contrary opinions, analysts believe Meme Moguls (MGLS), a new ICO, will. This P2E memecoin is currently in the first stage of its presale and has been tipped for a 100x upside.This post will cover the possibility of Dogecoin reaching $1 and present opposing arguments. Further, it will explore why Meme Moguls is the best new crypto to invest in. Let’s begin.Dogecoin Price Prediction: Will It Reach the Historic $1?Dogecoin (DOGE) is one of the most popular cryptocurrencies on the market, despite its humble origins. By market capitalization, it ranks tenth, highlighting its popularity.This memecoin reaching $1 has become one of the most discussed topics in the crypto community. At the time of writing, the Dogecoin price is $0.093, depending on the market sentiment.Related:Crypto Analyst Predicts Major Price Shift For Cardano (ADA)LuckSide, a crypto analyst, has weighed in on the price action of Cardano (ADA), giving an analysis of the near-term price performance of the crypto asset. The crypto analyst recently shared his predictions for Cardano (ADA) with the crypto community during one of his YouTube videos. In the YouTube video – “CARDANO ADA – MOMENT OF TRUTH!,” LuckSide asserted that ADA is at a critical crossroads.The analyst revealed a technical projection that indicates ADA is about to undergo a major price shift. According to him, this is either a bullish or a bearish trajectory in the near future.LuckSide finds signals that are pointing in the direction of a significant price shift, after analyzing ADA’s price charts. This analysis is centered on the significant price gap in the Cardano native token.LuckSide asserted that the gap is “where the highest concentration of liquidity is located for ADA.” This is marked by ongoing selling pressure at the resistance level between “$0.60 and $0.67,” in sharp contrast to a $0.40 level. This gap denotes an unexplored area and suggests a potential strong move, given ADA’s price history. He noted that Cardano could either rise to test the resistance level around $0.70 or drop to the $0.40 support level.The crypto expert also pointed out signs of robustness and strength of ADA in his video. The stability of pivotal support levels and moving averages underscores the strength of the crypto asset.The larger market indicators, such as the volatility and price stability of Bitcoin (BTC), further support this resiliency. The analyst also attributed the market’s movement to the impending Bitcoin Halving event in Mid-2024, due to its market impact. However, LuckSide notes that unforeseen circumstances have the potential to change ADA’s direction while conceding the unpredictability of the market. He further added that although, a decline to $0.40 “might create opportunities to buy the token at a lesser price.”Charles Hoskinson, the founder of Cardano recently underscored the network’s growth, acknowledging that it mimics the natural growth of Bitcoin. The founder took to X (formerly Twitter) to celebrate the network’s performance with the community.In the X post, Hoskinson stated that he has been observing with “glee as some people worry about Cardano’s blocks filling up.” He further reminded the community about the criticism of the network being a useless “ghost chain,” with no liquidity.Hoskinson has assured the community that “Cardano is designed to handle these loads.” He noted a “huge design space” that optimizes the network and DApps for greater scalability in the short and long term.In addition, he has highlighted the network’s victories without Venture Capital (VCs), the media, or influencers. My name is Godspower Owie and i am an employee for Bitcoinnist and NewsBTC news outlet. Sometimes i like to picture myself as an explorer, this is because i like visiting new places, i like learning new things (useful things to be precise), i like meeting new people - people who makes an impact in my life no matter how little it is. I cherish my time, my work, my family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, i chase dreams. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.#bitcoinETF #BinanceSquare. #BinanceFeed.
What's Drawing ADA and TRX Investors To this Risin Even though top altcoins like Cardano (ADA) and Tron (TRX) have a loyal class of investors, these investors are looking for more profitable cryptos for 2024. Luckily, a hot new token called Borroe Finance ($ROE) is in its presale stages, and experts believe it will deliver a triple-digit ROI to early investors. Keep reading to see what experts think about these tokens. On December 22, 2023, the Cardano Foundation announced its anticipated Cardano Builders Fest. The Cardano Builders Fest is an action-packed two-day event where ‘tech-savvy Cardano developers’ can meet to share, connect, and showcase their new DeFi projects. According to the announcement, the fest will take place in Toulouse, France, on April 23 & 24, 2024, featuring over 1,000 contributors.ADA retained its bullish trajectory in January thanks to a recent US SEC policy. On January 10, ADA traded at $0.515. A week later, ADA gained 4.12% and traded for $0.536. According to crypto experts, ADA will likely become one of the best crypto investments in 2024, thanks to community engagements and high developer interest. Therefore, ADA will likely trade for $0.750 by the end of the year.$TRX $ADA #TrendingTopic #binanceSquare #BinanceFeed.

What's Drawing ADA and TRX Investors To this Risin

Even though top altcoins like Cardano (ADA) and Tron (TRX) have a loyal class of investors, these investors are looking for more profitable cryptos for 2024. Luckily, a hot new token called Borroe Finance ($ROE) is in its presale stages, and experts believe it will deliver a triple-digit ROI to early investors. Keep reading to see what experts think about these tokens. On December 22, 2023, the Cardano Foundation announced its anticipated Cardano Builders Fest. The Cardano Builders Fest is an action-packed two-day event where ‘tech-savvy Cardano developers’ can meet to share, connect, and showcase their new DeFi projects. According to the announcement, the fest will take place in Toulouse, France, on April 23 & 24, 2024, featuring over 1,000 contributors.ADA retained its bullish trajectory in January thanks to a recent US SEC policy. On January 10, ADA traded at $0.515. A week later, ADA gained 4.12% and traded for $0.536. According to crypto experts, ADA will likely become one of the best crypto investments in 2024, thanks to community engagements and high developer interest. Therefore, ADA will likely trade for $0.750 by the end of the year.$TRX $ADA #TrendingTopic #binanceSquare #BinanceFeed.
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Making money Online has Never BEEN as HARD as it is NOW but I got you COVERED HERE are things That can GIVE or even QUADRIPLE your Money 1.Real Airdrop Farming: just like they're many fishes in the sea, there are Many scams on the crypto space but I've got you covered here are legit airdrops you should be farming: 1.Zetachain: lunching Q2 2024 2.Smartlayer: Lunching Q1 2024 3.Openex: Lunching Q2 2024 4.Bondex Origins: Lunching Q3 2024 5. Gravity : Lunching Q2 2024 6. Ice Network ,Arkana and many more... I've just made a Video on YouTube Covering them all Just search for Mrcovels on YouTube and you'll see my channel and then the video and much more. 🎁 2.Skill learning: this is so much underrated by Gen z as many people in this present day generation are quite lazy to learn forgetting that WITHOUT learning there's no EARNING (Mrcovels quote) you can start learning through platforms like 1.Allison 2.Google Skillshop these are my Top picks as they're so much easy and once you've completed your course which is free you'll get job opportunities instantly. 3.Crypto/FOREX TRADING : Still can't tell why many are scared of trading ..the thing is just Find a Good signal group if you don't know how to trade and earn alongside with them or simply look for a good teacher ,pay for class and get started ,this is by far the most profitable as it's forever the knowledge acknowledge can help even quadriple your money and now the Next Bitcoin halving is coming you know what to Expect 📉. for more important updates Follow me on Mrcovels on all platforms ⏬⏬ #BinanceFeed. #TwitterX and #YouTube BY The Way HUGE congrats to New #BinanceCEO Richard TENG CONGRATS Sir 🥳🥂...we hope for more improvements and Great success #BinanceTournament
Making money Online has Never BEEN as HARD as it is NOW but I got you COVERED

HERE are things That can GIVE or even QUADRIPLE your Money

1.Real Airdrop Farming:
just like they're many fishes in the sea, there are Many scams on the crypto space but I've got you covered
here are legit airdrops you should be farming:

1.Zetachain: lunching Q2 2024
2.Smartlayer: Lunching Q1 2024
3.Openex: Lunching Q2 2024
4.Bondex Origins: Lunching Q3 2024
5. Gravity : Lunching Q2 2024
6. Ice Network ,Arkana and many more...

I've just made a Video on YouTube Covering them all Just search for Mrcovels on YouTube and you'll see my channel and then the video and much more. 🎁

2.Skill learning:
this is so much underrated by Gen z as many people in this present day generation are quite lazy to learn forgetting that WITHOUT learning there's no EARNING
(Mrcovels quote)

you can start learning through platforms like
1.Allison
2.Google Skillshop

these are my Top picks as they're so much easy and once you've completed your course which is free you'll get job opportunities instantly.

3.Crypto/FOREX TRADING :
Still can't tell why many are scared of trading ..the thing is just Find a Good signal group if you don't know how to trade and earn alongside with them
or
simply look for a good teacher ,pay for class and get started ,this is by far the most profitable as it's forever
the knowledge acknowledge can help even quadriple your money and now the Next Bitcoin halving is coming you know what to Expect 📉.

for more important updates Follow me on
Mrcovels on all platforms ⏬⏬
#BinanceFeed. #TwitterX and #YouTube

BY The Way HUGE congrats to New #BinanceCEO Richard TENG
CONGRATS Sir 🥳🥂...we hope for more improvements and Great success

#BinanceTournament
Tokens tied to Dogecoin-funded DOGE-1 satellite Tokens tied to Dogecoin-funded DOGE-1 satellite jump ahead of SpaceX launchTwo tokens tied to space logistics and energy company Geometric Energy Corporation are jumping ahead of its mission to put DOGE-1, a Dogecoin-themed satellite, into orbit around the moon.The launch is scheduled for Jan. 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S.GEC, a token issued by the company, has more than quadrupled in the past week. Another token, XI, which is said to be used to pay for ads displayed on the satellite, has climbed 36%. Together they have a market capitalization of just over $30 million and more than 6,000 individual holders, on-chain data shows.Geometric Energy announced the DOGE-1 satellite in May 2021 as the payload of a SpaceX Falcon 9 rocket originally scheduled for 2022. The mission has been paid for entirely in Dogecoin (DOGE) – a dog-themed meme coin that enjoys SpaceX founder Elon Musk’s vocal backing.SpaceX has since received the requisite regulatory approvals to clear the launch, finally bringing DOGE-1 a step closer to reality, according to Geometric Energy founder Samuel Reid.DOGE-1 is one of the two dogecoin-related missions planned in the coming months.Earlier this month, Dogecoin developers said a physical dogecoin token could reach the moon in a space payload mission planned by Pittsburg-based firm Astrobotic. The mission is planned for Dec. 23 and carries 21 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services (CLPS) initiative.Cryptocurrency is a form of digital money that uses blockchain technology to ensure its security, transparency, and decentralization. Cryptocurrency has been gaining popularity as a payment method in Europe, as it offers many advantages for both consumers and merchants, such as:Lower fees: Cryptocurrency transactions do not involve intermediaries, such as banks or payment processors, that charge fees for their services. This reduces the cost of sending and receiving money, especially across borders.Faster speed: Cryptocurrency transactions are processed by a network of computer nodes that verify and record them on a shared blockchain ledger. This eliminates manual verification and approval, which can take days or weeks for traditional payment methods. Cryptocurrency transactions can be completed in minutes or seconds, depending on the network congestion and the transaction fee.Greater privacy: Cryptocurrency transactions do not require personal or financial information, such as name, address, or card number, to be shared with third parties. This protects the users from identity theft, fraud, or data breaches. Cryptocurrency transactions are also pseudonymous, meaning they are linked to a unique code, called an address, rather than a real identity.More control: Cryptocurrency users have full ownership and control over their funds, as they are stored in a digital wallet, a software or hardware device that allows them to send and receive cryptocurrency. Users do not need to rely on third parties, such as banks or payment providers, to access or manage their money. Users can also choose the level of security and convenience for their wallet, such as using a password, a PIN, a fingerprint, or a recovery phrase.However, cryptocurrency also faces some challenges and barriers that limit its adoption and growth as a payment method in Europe, such as:Legal uncertainty: The rules and regulations regarding cryptocurrency vary from country to country in Europe, and sometimes even within the same country. Some countries, such as Germany, France, and Malta, have a more favorable and transparent legal framework for cryptocurrency. In contrast, others, such as Spain, Italy, and Greece, have a more restrictive and ambiguous one. This creates confusion and inconsistency for consumers and merchants, who may not know the legal status, tax implications, or consumer protection of cryptocurrency in their jurisdiction. #DOGE #BTT #HNT #binanceSquare #BinanceFeed.

Tokens tied to Dogecoin-funded DOGE-1 satellite

Tokens tied to Dogecoin-funded DOGE-1 satellite jump ahead of SpaceX launchTwo tokens tied to space logistics and energy company Geometric Energy Corporation are jumping ahead of its mission to put DOGE-1, a Dogecoin-themed satellite, into orbit around the moon.The launch is scheduled for Jan. 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S.GEC, a token issued by the company, has more than quadrupled in the past week. Another token, XI, which is said to be used to pay for ads displayed on the satellite, has climbed 36%. Together they have a market capitalization of just over $30 million and more than 6,000 individual holders, on-chain data shows.Geometric Energy announced the DOGE-1 satellite in May 2021 as the payload of a SpaceX Falcon 9 rocket originally scheduled for 2022. The mission has been paid for entirely in Dogecoin (DOGE) – a dog-themed meme coin that enjoys SpaceX founder Elon Musk’s vocal backing.SpaceX has since received the requisite regulatory approvals to clear the launch, finally bringing DOGE-1 a step closer to reality, according to Geometric Energy founder Samuel Reid.DOGE-1 is one of the two dogecoin-related missions planned in the coming months.Earlier this month, Dogecoin developers said a physical dogecoin token could reach the moon in a space payload mission planned by Pittsburg-based firm Astrobotic. The mission is planned for Dec. 23 and carries 21 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services (CLPS) initiative.Cryptocurrency is a form of digital money that uses blockchain technology to ensure its security, transparency, and decentralization. Cryptocurrency has been gaining popularity as a payment method in Europe, as it offers many advantages for both consumers and merchants, such as:Lower fees: Cryptocurrency transactions do not involve intermediaries, such as banks or payment processors, that charge fees for their services. This reduces the cost of sending and receiving money, especially across borders.Faster speed: Cryptocurrency transactions are processed by a network of computer nodes that verify and record them on a shared blockchain ledger. This eliminates manual verification and approval, which can take days or weeks for traditional payment methods. Cryptocurrency transactions can be completed in minutes or seconds, depending on the network congestion and the transaction fee.Greater privacy: Cryptocurrency transactions do not require personal or financial information, such as name, address, or card number, to be shared with third parties. This protects the users from identity theft, fraud, or data breaches. Cryptocurrency transactions are also pseudonymous, meaning they are linked to a unique code, called an address, rather than a real identity.More control: Cryptocurrency users have full ownership and control over their funds, as they are stored in a digital wallet, a software or hardware device that allows them to send and receive cryptocurrency. Users do not need to rely on third parties, such as banks or payment providers, to access or manage their money. Users can also choose the level of security and convenience for their wallet, such as using a password, a PIN, a fingerprint, or a recovery phrase.However, cryptocurrency also faces some challenges and barriers that limit its adoption and growth as a payment method in Europe, such as:Legal uncertainty: The rules and regulations regarding cryptocurrency vary from country to country in Europe, and sometimes even within the same country. Some countries, such as Germany, France, and Malta, have a more favorable and transparent legal framework for cryptocurrency. In contrast, others, such as Spain, Italy, and Greece, have a more restrictive and ambiguous one. This creates confusion and inconsistency for consumers and merchants, who may not know the legal status, tax implications, or consumer protection of cryptocurrency in their jurisdiction. #DOGE #BTT #HNT #binanceSquare #BinanceFeed.
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