Author: dfmines

Currently own 1 ETH. I'm absolutely want to buy 1 more ETH. Is now the time or wait? submitted by /u/ramshaker [link] [comments]

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Share projects you're eyeing. submitted by /u/franzlopez [link] [comments]

submitted by /u/HeyAbbotts [link] [comments]

In my case, the answer would be easy. I live in Argentina, where the economy is pure shit and our minimum wage is nothing compared to that of other countries. Aditionally, even if you were to make money, you can only buy a very limited amount of foreign currency per month, meaning you're stuck with…
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Various investment funds have applied for Bitcoin ETFs in the U.S. The number has grown as interest in crypto has been on the rise in recent months. A couple of countries so far have approved some crypto ETFs and investors can trade on these. However, the United States is yet to see the approval of its very first bitcoin ETF. Speculations around the approval of a bitcoin ETF have been on the rise lately. The Securities and Exchange Commission (SEC) was expected to make a ruling on various Bitcoin ETFs that had been filed. But the regulator had moved up the date. In the case of VanEck, moving it by 60 days until the SEC would provide its decision on the Bitcoin ETF. SEC Boss Clarifies Stance On Crypto After SEC Chairman Gary Gensler announced that the regulatory body had no intention of banning bitcoin in the United States, investors began to expect the approval of a bitcoin ETF soon. The reasoning behind this being that the chairman would not go out of his way to provide information like this if there wasn’t good news in the future. Related Reading | Number Of Bitcoin Active Entities Grows 19% To Hit 2020 Bull Levels, Set Up For New Highs? It is expected that October will see the approval of the first bitcoin ETF in the country, which would enable investors to begin trading on Bitcoin Futures ETFs. Instead of having to trade on Canadian crypto ETFs. In addition to the SEC’s stance on crypto regulation, a Canadian mutual fund with the same language as a bitcoin ETF had been previously approved by the regulation. This was put forward by asset manager James Seyffart, who believes that since the SEC had approved this mutual fund, then it would most likely approve an ETF that consisted of similar wording. Bitcoin ETFs Getting Closer To Approval Eric Balchunas, an ETF analyst for Bloomberg, took to Twitter to point out some events that may signal that the first bitcoin ETF is close to being approved. The analyst pointed out that Valkyrie, a digital asset management firm, had updated their Bitcoin Futures ETF prospectus. NOTABLE: Valkyrie just updated their bitcoin futures ETF prospectus (which typically only happens when ducks in row ready for launch). They added their ticker $BTF, altho no fee still. Can't say this is done deal type evidence but a good sign IMO. pic.twitter.com/GlQo4C1lBc — Eric Balchunas (@EricBalchunas) October 13, 2021 BTC breaks above $57K again | Source: BTCUSD on TradingView.com Now, updates to ETFs are not a mundane thing. An update to a prospectus is only required when the regulators are close to approving it and the firm needs to make sure that the document contains the correct information. In addition to this update, Valkyrie had also updated added their ticker ($BTF) to the document. Related Reading | Bitcoin Whales Accumulation Patterns Shows Strong Bullish Sentiment Among Top Holders Balchunas notes that while this is a good sign, it does not mean that a bitcoin ETF is going to be approved. If anything, it means that the firms who submitted these ETFs are moving in the right direction towards getting approval. However, every launch is usually preceded by an update. “That’s what happens right before a launch, they fill in all the XXs and add ticker,” said the analyst. Featured image from Coingape, chart from TradingView.com

The billionaire CEO of Starwood Capital, an investment firm with over $95 billion under management, has revealed that he owns bitcoin and ether. “The U.S. government, and every government in the Western Hemisphere, is printing money now to the end of time, and this is a finite amount of something and it can be traded […]

submitted by /u/toxicity043 [link] [comments]

I have a decent tech background (SWE at a SaaS company) but this is something that has always perplexed me. How do big exchanges like Coinbase or Kraken know when a deposit arrives in their exchange? Surely they can't be querying the balance of every address they own, can they? My best guess is that…
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I know the thrill when you make some big gains after holding something forever and that itch to proudly share it with the world, but just don't. Especially if you are new to reddit, or you jumped to crypto only recently. Just because somebody isn’t positing their crypto holdings, doesn’t mean they don’t know what…
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