Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC

According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab

Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology. Leveraging […] Source CryptoX Portal

KonnektVPN: Positive Changes in VPN Industry With AI Integration and Fresh Features

PRESS RELEASE. Dover, Delaware, USA, May 7th, 2024 – KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy, security, and personalized experiences through the integration of cutting-edge artificial intelligence (AI) […] Source CryptoX Portal

What is B-money it and how it works

Why did B-money remain a theoretical concept, and how did Wei Dai’s ideas contribute to developing practical digital currencies like Bitcoin? In the late 90s, as the digital revolution was beginning to take shape, computer scientist Wei Dai introduced a concept that would lay the foundation for modern cryptocurrencies: B-money.  This idea proposed a decentralized digital currency, challenging the traditional notion of centralized monetary systems.  Unlike fiat currencies controlled by governments, B-money envisioned a currency created and managed by its users, having principles of decentralization and user autonomy.  Let’s delve…

Bitcoin wallet developer Exodus to go public on New York Stock Exchange

Exodus Movement, Inc., the developer of non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors. Crypto wallet maker Exodus Movement, Inc. received approval for its common stock for listing on the New York Stock Exchange (NYSE), the company announced in a press release on May 6. The company disclosed that its common stock had secured approval for listing on the New York Stock Exchange (NYSE). The Class A common stock, valued at $0.000001 per…

Bitget’s Blockchain4Youth Celebrates 1st Anniversary, Educated Over 6,000 Participants Worldwide

Bitget, a leading crypto exchange and web3 company, announces the first anniversary of its Blockchain4Youth program and launches recap videos of the program. The initiative celebrated a year of driving Web 3.0 adoption among the youth, staying true to Bitget’s core principles of innovation, education, and empowerment. Bitget envisions a more equitable future driven by […] Source CryptoX Portal

Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset

Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have undertaken to fix the network’s recent congestion issues. Franklin Templeton: There […] Source CryptoX Portal

Kraken enters Germany with DLT Finance partnership

Crypto exchange Kraken is expanding its footprint across European markets with a partnership to service German clients.  According to a press release, Kraken reached an agreement with BaFin-licensed DLT Finance, a brand of crypto service providers DLT Securities GmbH and DLT Custody Gmbh, to activate digital asset facilitates for users in Germany.  This year, Germany and Europe have been showcased as hot spots for crypto adoption. As crypto.news reported, several German cities showed leading interest in the Bitcoin (BTC) halving, and the crypto banking sector is dominated by European providers. …

Warren Buffett Sees No Alternative to US Dollar as Reserve Currency — Berkshire Holding $188 Billion in Cash

Warren Buffett, chairman and CEO of Berkshire Hathaway, asserts that there is currently no viable alternative to the U.S. dollar as the world’s reserve currency, suggesting that U.S. debt will remain acceptable “for a very long time.” Berkshire currently sits on a cash pile of $188 billion, which Buffett views as “quite attractive.” Insights From […] Source CryptoX Portal