The Canadian Securities Administrators (CSA) today published Staff Notice 21-334 Next Steps to Facilitate Access to Real-Time Market Data (RTMD) which summarizes the comments received to the Consultation Paper published in November 2022, and advises stakeholders of the CSA’s next steps to address the access to and use of RTMD.
Amid healthy first-quarter loan growth and improving credit quality, Discover Financial Services slashed its profits by $800 million to offset remediation costs from a 16-year period when it overcharged certain merchants.
U.S. Rep. Patrick McHenry (R-NC), re-introduced legislation to set up Financial Services Innovation Offices (FSIO).
Tests of models from OpenAI, Google and others found their advice tends to disadvantage names commonly associated with racial minorities and women.
The post Bitcoin Halving May Not Impact Prices As Hype Over Spot ETFs Continues: What To Expect From BTC Price? appeared first on Coinpedia Fintech News Bitcoin traders are eagerly anticipating that the upcoming scheduled decrease in the issuance of new coins will lead to a significant surge in Bitcoin’s price. Nevertheless, this expectation may not be fully realized this time, according to various experts. Deutsche Bank suggests that the effects of the Bitcoin halving are already reflected in its current price, and therefore, it does not foresee a major rally following the event. Spot ETF Hype Might Outshine Halving According to a research report released by Deutsche Bank, the upcoming Bitcoin (BTC) reward halving, which is expected to happen in the next few days around April 19-20, has already been factored into the market prices. Consequently, a significant rally in the cryptocurrency post-halving appears unlikely. This quadrennial event reduces the rate at which new Bitcoin is introduced into circulation, impacting the overall supply growth. It is anticipated that prices will remain higher due to expectations surrounding the approval of future spot ether (ETH) ETFs, anticipated rate cuts by central banks, and regulatory changes, rather than being significantly impacted by the halving event. The market will more likely focus on ETF performance now as the Bitcoin ETF market has seen a change in sentiment, marked by a short-term decline in investment flows. Data from a leading analytics firm shows that Bitcoin spot ETFs had a net outflow of $165 million just yesterday, with Grayscale’s GBTC experiencing a $133 million outflow and BlackRock’s IBIT gaining about $18.09 million. Despite this downturn, Bloomberg’s senior ETF analyst Eric Balchunas advises caution against hasty judgments on the sector’s future. He points out that such fluctuations are typical following intense growth periods. This might keep investors and traders glued, avoiding the impact of halving events. Bitcoin Might Soon End Its Correction Bitcoin and crypto traders have experienced a challenging week with several BTC price declines, yet a significant reset may be underway. Data from CryptoQuant indicates that traders’ exchange holdings have reached a breakeven point at $60,000, suggesting reduced selling pressure as unrealized profit margins become nearly zero. An accompanying chart highlighted the profit and loss status for short-term holders (STHs) — individuals who have owned BTC for 155 days or less. These traders have exhausted their profitable opportunities, implying that selling activity might decrease to avoid realizing losses. To date, there has been just one brief fall below the $60,000 mark since BTC/USD started to pull back from record highs set in March. Such pullbacks are typical following the establishment of new all-time highs, and the recent peak prior to this week’s halving of the block subsidy boosted expectations for a BTC price correction. If ETF performance remains strong over the next week, there could be a significant increase in BTC prices. Conversely, negative developments in the ETF sector could drive prices down, regardless of the upcoming halving event.
Eisenberg faces up to 20 years in prison for his $110 million heist.
The post Bullish Meme Coin Picks: Shiba Inu (SHIB), Dogecoin (DOGE), and Furrever Token (FURR) – The Three Must-Have Tokens appeared first on Coinpedia Fintech News In the rapidly shifting landscape of the cryptocurrency market, Shiba Inu (SHIB), Dogecoin (DOGE), and Furrever Token (FURR) each portray distinct narratives reflecting their unique market positions and speculative dynamics. As Shiba Inu navigates market volatility in anticipation of Bitcoin’s halving, Dogecoin reacts to influential social media activity by Elon Musk, and Furrever Token carves a niche with its engaging, cat-themed approach. Each coin’s recent developments and market reactions provide valuable insights into their potential future trajectories in the broader context of cryptocurrency market trends. Shiba Inu (SHIB) Experiences Price Volatility Ahead of Bitcoin Halving In the ever-dynamic cryptocurrency market, Shiba Inu (SHIB) currently registers at $0.00002181, reflecting a 4% decrease since yesterday. Despite this setback, SHIB retains its status as the 12th largest cryptocurrency with a market capitalization of $13.1 billion, illustrating its stability through market ups and downs. With the approaching Bitcoin halving event, there is heightened anticipation within the SHIB community, as investors ponder the potential for a significant increase in its value. Analysts from Changelly predict notable price movements for SHIB in April, expecting an average price of $0.0000345 and a peak of $0.0000445 post-halving, based on past trends and the effects of previous Bitcoin halvings. As the date of Bitcoin’s halving draws nearer, the wider cryptocurrency market is preparing for possible shifts. Bitcoin halvings have historically triggered major price changes across the market, introducing both volatility and opportunities for altcoins like SHIB to capitalize on the evolving scenario. Investors are closely watching these developments, aiming to strategically position themselves to take advantage of potential market dynamics induced by the halving of Bitcoin. Dogecoin (DOGE) Experiences Fluctuations: Potential Impact of Elon Musk’s Tweets Recently, Dogecoin (DOGE) has shown significant volatility, currently priced at around $0.1519, marking a 2% drop since yesterday and a substantial 16% decline over the last week. These fluctuations come on the heels of a temporary price boost following a series of tweets from Elon Musk, which underscore the persistent impact of social media on the cryptocurrency markets. Despite the overall market downturn, the surge after Musk’s tweets indicates potential for Dogecoin’s rally, especially when considering typical post-Bitcoin halving trends in the crypto sphere. The technical analysis of DOGE offers mixed signals regarding its short-term outlook. The cryptocurrency’s 30-day moving average lies well below the 200-day moving average, suggesting that it might be oversold and could potentially rebound. Moreover, the Relative Strength Index (RSI) points to oversold conditions, which could presage a corrective upswing. Additionally, trading volume has risen from about $2 billion to $3.6 billion in the past week, reflecting continued interest and possibly foreshadowing a near-term recovery. Although this increased volume largely stems from sales, the recent substantial transfers on exchanges might suggest that investors are capitalizing on the lower prices to purchase. Elon Musk’s influence on Dogecoin remains significant, particularly with his proposals to integrate digital payments that could further influence its price trajectory. If Musk’s support continues and Dogecoin is incorporated into digital payment systems, there’s a chance for a major price surge, potentially exceeding its previous peak of $0.7316. However, if these developments do not come to fruition via the X platform, Dogecoin could stabilize around $0.30 in the latter half of 2024. Furrever Token (FURR) Poised to Become a Leading Meme Coin In the competitive arena of meme coins, Furrever Token (FURR) stands out as a strong contender, captivating crypto enthusiasts globally. This token aims to saturate the crypto market with unparalleled charm by centering its user experience around the beloved theme of cute cats. Priced at $0.000564, Furrever Token offers a promising investment opportunity, with potential returns of up to 15X and an expected price increase to $0.0009 post-presale. Furrever Token is dedicated to creating a playful and endearing crypto ecosystem that fosters community and shared happiness. Its strategic use of cat-themed stickers, emojis, and visuals enhances everyday interactions, making them more enjoyable. The token operates on the BNB-20 blockchain with about 9 billion tokens in circulation, emphasizing its commitment to wide accessibility and community involvement. The project also prioritizes security and compliance, with thorough audits and robust safety protocols in place to ensure a safe and pleasant user experience. With a growing organic following and nearly 4,300 active members on Telegram, Furrever Token is on track to establish itself as a prominent meme coin in 2024. For further information or any assistance regarding Furrever Token, reach out only through the official channel at support@furrevertoken.com to avoid potential scams. Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website |  Visit Furrever Token Presale Join Official Telegram Group    |  Follow Official X Account
The post BlockDAG Excites Market with Moon Keynote Teaser and $18.1 Million Presale as ETH Aims for Breakout and MATIC Demonstrates Growth appeared first on Coinpedia Fintech News BlockDAG is rapidly distinguishing itself in the competitive crypto mining market, having sold more than 4700 miners, generating $2.2 million in sales. As it successfully carries its 9th batch at a rate of $0.005 per coin, it boasts a total presale revenue of $18.1 million. With a recent teaser about a keynote presentation from the moon, BlockDAG is pushing its innovative boundaries further, overshadowing key developments in Ethereum (ETH) and Polygon (MATIC). Ethereum Struggles with Resistance Levels Ethereum is currently facing resistance, with its price hovering around $3,450 and looking to break through the $3,620 mark. The cryptocurrency remains above the crucial $3,000 support and the 100-hourly Simple Moving Average, indicating the potential for an upward breakout. However, if Ethereum cannot soon move past these resistance levels, it might see a retracement. MATIC Positioned for a Significant Upsurge MATIC, recognized for its role in enhancing Ethereum’s scalability, is poised for significant growth, with analysts suggesting a potential surge of 112%. In a prime buying zone, MATIC is gearing up for substantial price movements, reflecting its critical role as a Layer 2 scaling solution for Ethereum. BlockDAG’s $18.1M Presale Success and Mining Innovations BlockDAG continues to impress with its formidable presale achievements, raising $18.1 million and quickly moving through its batches, with the price set to increase to $0.006 in the upcoming 10th batch. This strategic pricing adjustment boosts investor confidence and aligns with BlockDAG’s projection of a 30,000x ROI. The excitement is further fueled by its teaser of an upcoming keynote video shot on the moon, encapsulating its slogan, “the moon is the limit.” In addition to its presale success, BlockDAG’s mining technology is gaining traction for its user-friendliness and environmental sustainability. Unlike traditional crypto mining, which is often criticized for its high energy consumption, BlockDAG introduces a mining process that is energy-efficient and accessible to those without technical mining expertise. BlockDAG’s X30 miner, in particular, showcases this innovation with a remarkable 280 GH/s hash rate while maintaining a compact and quiet operational mode. This powerful miner can produce up to 600 BDAG coins daily and has significantly contributed to the $2.2 million earned from sales of over 4700 units. This blend of efficiency and performance is critical to BlockDAG’s strong position in the market and its commitment to reducing environmental impact. Concluding Thoughts As Ethereum tests critical resistance and MATIC shows promising growth opportunities, BlockDAG sets itself apart with impressive miner sales and innovative crypto-mining technologies. With a thriving presale and an intriguing moonshot keynote teaser, BlockDAG not only challenges but also leads the market in terms of technological advancements and potential returns with $18.1 million in presale, solidifying its place as a top contender in the evolving crypto space. Buy BlockDAG Now Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu