Cryptocurrency

While some may ask themselves if this indicates Buterin jumping ship, a deeper look into his wallets shows this is not true.This transfer towards Coinbase follows a transaction processed two days earlier that increased his ETH balance by 1,000 ETH. It means that despite his transfer to Coinbase, his Ethereum holdings still increased compared to just a couple of days earlier.The choice of exchange is unsurprising, given that data clearly shows he prefers Coinbase over other exchanges.Moreover, Buterin’s publicly-known wallets currently hold a total of over 248,000 ETH — a number that increased by nearly 713 ETH compared to the beginning of August despite the value of those holdings falling.His Ethereum holdings are also worth nearly $415 million, while the second most valuable asset on those wallets is Maker (MKR), worth only $544,000 or about $0.131 of his ETH holdings.In conclusion, while Buterin has moved a significant amount of ETH to Coinbase with the likely intention to sell it for fiat, this amount pales compared to his total Ethereum exposure.This article was originally published on Crypto.news More

The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections. Enabling a person who purchases another’s share to send private messages to each other. The protocol reportedly charges a 5% fee on transactions, with the spread from trades representing the owner’s profit.Continue Reading on Coin Telegraph More

The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell 2.1%, and the Nasdaq Composite dropped about 2.6%, with both indexes recording a three-week losing streak. This suggests that traders are in a risk-off mode in the near term.Continue Reading on Coin Telegraph More

Musk responded to a snippet of Ramaswamy’s interview on Tucker Carlson’s Tucker on Twitter podcast, saying, “Vivek Ramaswamy is the youngest-ever Republican presidential candidate.“ Musk added, “He is a very promising candidate.“Continue Reading on Coin Telegraph More

While the OpenAI code interpreter is advanced and capable of comprehending a wide range of programming languages, it is not infallible. It doesn’t “understand” code in the human sense. Continue Reading on Coin Telegraph More

According to a recent article by the Wall Street Journal (WSJ), the U.S. Securities and Exchange Commission (SEC) is considering allowing multiple Ethereum futures ETFs to be listed simultaneously. This move would mark a significant milestone for the crypto industry, as it would be the first time -based ETFs would be available to U.S. investors.Notably, Volatility Shares has announced plans to launch an Ethereum futures ETF on Oct. 12. What’s even more promising is that since its filing in July, the SEC has not requested the firm to withdraw its application, suggesting a favorable outlook.The introduction of Ethereum futures ETFs in the U.S. market could lead to an influx of institutional capital. Historically, the launch of Bitcoin futures in December 2017 was followed by a significant price surge, and a similar trend could be anticipated for .A glance at Ethereum’s current price performance reveals that it is trading at approximately $1,668.03. While this is below its all-time high, the positive news surrounding the potential ETF listings could act as a strong bullish catalyst. The anticipation of increased institutional interest and the legitimization of Ethereum as an investment vehicle through ETFs could drive significant demand, pushing prices upward.However, it is essential to note that while the news is promising, the actual impact on Ethereum’s price will depend on various factors, including the broader market sentiment, regulatory developments and the actual launch of the ETFs. Investors should be cautious and conduct thorough research before making any investment decisions.This article was originally published on U.Today More

According to Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet concluded. This understanding affords involved parties the privilege to appeal after the finalization of the case. This procedural strategy is intended to enhance the legal proceedings’ efficiency and avoid continuous disruptions to the main case due to multiple appeals concerning minor decisions.Continue Reading on Coin Telegraph More

The lawsuit alleges that “Gemini Earn” – a service enabling customers to lend crypto assets like Bitcoin (BTC) to Genesis – breached securities regulations by offering unregistered securities. Continue Reading on Coin Telegraph More