CBDC Hating, Crypto-Friendly Presidential Candidate Francis Suarez Drops Out of Race

CryptoX – Cryptocurrency Analysis and News Portal “I look forward to keeping in touch with the other Republican presidential candidates and doing what I can to make sure our party puts forward a strong nominee who can inspire and unify the country, renew Americans’ trust in our institutions and in each other, and win,” he concluded. Original Source The post CBDC Hating, Crypto-Friendly Presidential Candidate Francis Suarez Drops Out of Race appeared first on CryptoX. CryptoX Portal

Researchers develop Crypto Literacy Scale to measure consumer financial awareness

A trio of researchers from the University of Cincinnati recently developed a Crypto Literacy Scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policy-maker understanding of cryptocurrencies and related technology. The team’s research paper, titled “Measuring Crypto Literacy,” details the gap between traditional financial literacy and crypto literacy and the need for a Crypto Literacy Scale and policies that will support cryptocurrency education and literacy efforts worldwide. According to the paper: “Measuring financial literacy has encouraged policymakers and educators to create programs…

Bitcoin (BTC) ETF Fixation Because Markets Are Boring, says Arca CIO

While bitcoin today jumped more than 7% on a positive ruling regarding Grayscale’s attempt to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF, Jeff Dorman, Chief Investment Officer at Arca, says the world’s largest digital asset will need a “significant catalyst” to break out of its range-bound ways. Source ArcaBitcoinBoringBTCCIOETFFixationMarkets CryptoX Portal

Bitcoin Price Taps $28,000 On Grayscale Ruling, Soaring Stock Market

Bitcoin price has thus far made a 7% intraday move following news that a US court ruled in favor of Grayscale against the SEC. At the same time, the stock market is surging. Could a perfect storm for the top cryptocurrency by market cap be building? Back At $28,000: Grayscale Court Ruling Causes BTC To Bounce In an asset class as volatile as crypto, prices — and moods — can change in a flash. That’s exactly what we’ve witnessed on a small scale today, moments after news broke that a…

Grayscale’s Bitcoin ETF triumphs over SEC, fueling crypto market rally

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Grayscale secured a pivotal victory against the SEC, paving the way for the U.S.’s first Bitcoin spot ETF and igniting a surge in Bitcoin and other cryptocurrency prices. In a milestone development, Grayscale Investments LLC secured judicial backing for the initiation of a Bitcoin spot exchange-traded fund (ETF) in the United States. A panel of three federal judges in Washington effectively annulled the U.S. Securities and Exchange Commission’s prior decision to prevent the ETF from going…

Ethereum In Bleak Situation? Sharks & Whales Continue 4-Month Long Selloff

On-chain data shows the Ethereum sharks and whales have continued to sell for four months now, a sign that the asset may not recover soon. Ethereum May Not Be In The Best Situation Right Now In a new insight post, the on-chain analytics firm Santiment has looked into how the various metrics related to Ethereum look like at the moment to get hints about the asset’s future outcome. First, the analytics firm has discussed the asset’s “transaction volume,” that is the daily total number of tokens that are being transferred…

7 ChatGPT prompts for learning Web3 development

The landscape of web development has undergone a profound transformation with the emergence of Web3 technologies. As blockchain and decentralized applications (DApps) gain momentum, developers are embracing this new paradigm to create a more open, secure and user-centric internet. This article will embark on a journey of learning Web3 development with the assistance of ChatGPT, exploring seven prompts that provide valuable insights and generated outputs. Prompt 1: Introduction to Web3 Development A developer with a strong background in traditional web development, and who is curious about the shift to Web3…