Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $217.0 million. […]
Category: Cryptocurrency
Nigeria to remove Naira from P2P trading platforms to curb currency manipulation
The Nigerian government has revealed intentions to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms. Emomotimi Agama, the Director General of […]
Osmosis co-founder Sunny Aggarwal on costumes, Cosmos, and the ‘Bitcoin renaissance’
Even if you’re not an avid ‘Cosmonaut,’ you’re probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, […]
Six Coinbase customers claim the exchange is violating securities laws in new lawsuit
Six Coinbase customers filed a new class-action lawsuit against crypto exchange Coinbase Global, two subsidiaries — Coinbase, Inc. and Coinbase Asset Management, LLC. — and […]
The rise of Bitcoin ETFs and future market implications
The following is a guest post from Shane Neagle. Regardless of an asset’s fundamentals, its value is governed by one underlying feature – market liquidity. […]
BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, […]
DOJ charges three Cred execs over $783 million in customer fund losses
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three […]
Dutch authorities arrest suspect in ZKasino gambling scam, seize $12.2 million in assets
The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam. […]
Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer
MicroStrategy executive chairman and co-founder Michael Saylor believes the SEC will classify Ethereum as a security this summer and reject the related spot ETF applications […]
Short-term Bitcoin holders show restraint in recent price drop
Quick Take Amid Bitcoin’s recent 12% price decline, data suggests that short-term holders — those who have held the digital assets for less than 155 days […]
Pike Finance admits to error following $1.7 million exploit, denies fault of USDC
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as […]
Senator Lummis ‘deeply concerned’ by Biden administration’s actions against DeFi, non-custodial wallets
Senator Cynthia Lummis expressed deep concern regarding recent actions by the Biden administration, which she perceives as a threat to the principles of the Bitcoin […]
Aevo and Pyth lead May’s $3 billion crypto token unlock wave
The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks […]
Newconomics Podcast launches with insightful discussions on the future of blockchain and Web3
The Newconomics events organization has launched a new podcast, offering an in-depth look at the rapidly evolving world of blockchain, crypto, and the emerging web3 […]
MicroStrategy continues stacking Bitcoin with $1.65 billion purchase during Q1
MicroStrategy’s first quarter earnings report showed the firm bought roughly 25,250 BTC for $1.65 billion at an average price of $65,232 per BTC during the […]
Analysts clash over future of Bitcoin ETFs as institutional interest lags
Quick Take Jim Bianco, head of Bianco Research, has been a vocal critic of the Bitcoin ETFs due to their centralization concerns. Bianco recently said: […]
The Battle Royale — what lies ahead amid regulatory clash and hack mayhem?
The following is a guest post by Nikita Ovchinnik, the Co-founder at Barter DeFi. DeFi may be “in the crosshairs” of the SEC, as Forbes […]
Custodia Bank files notice of appeal in Federal Reserve case
Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an […]
UK law enforcement given new powers to seize, destroy digital assets linked to criminals
The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy […]
How decentralized payments are a gateway to economic development
The following is a guest post by Alexander Mamasidikov, the CEO of CrossFi. The world of financial transactions is transforming, driven by the rising solutions […]
Binance’s defense against SEC could be aided by Mango Markets case
Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related […]
URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on their creation prices. Each bar […]
FBI warns US citizens against using ‘unregistered crypto money transmitting services’
The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25. The agency’s warning stated that users should avoid crypto […]
Despite market volatility, MicroStrategy’s “BTC per Share” reaches near record levels
Quick Take MicroStrategy (MSTR) has recently experienced a pullback in its stock price, currently trading around $1,260 per share, down 35% from its recent high […]
High Bitcoin fees push active addresses down to 3-year low
On April 20, the day of the Bitcoin halving, total transaction fees paid to miners jumped to 1,257.71 BTC, the highest since December 2017. The […]
Bitwise CIO predicts Bitcoin volatility will fall 50% as institutional adoption rises
In a recent investor note, Bitwise CIO Matt Hougan provided a comprehensive outlook on Bitcoin’s trajectory towards the 2028 halving, predicting a 50% decrease in […]
Bitcoin Runes made up 57.7% of transactions on halving day
Launched on the day of the Bitcoin halving, Runes are a form of data embedded directly into Bitcoin transactions. Unlike simple financial transfers, Runes encapsulate […]
Crypto donations in the US hit $2 billion after top charities accept digital contributions
Leading US nonprofits are increasingly accepting crypto donations, marking a significant shift in charitable giving trends, according to a BanklessTimes report. Two out of the […]
How AI is unveiling the secrets of crypto money laundering
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Artificial Intelligence tools could revolutionize anti-money laundering efforts in cryptocurrency transactions. […]
Hong Kong trade body advocates for crypto self-regulation amid global scrutiny
The Hong Kong Securities and Futures Professionals Association (HKSFPA) has called to establish independent self-regulatory organizations (SRO) dedicated to overseeing the digital assets sector. The […]
Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years
The Human Rights Foundation (HRF) unveiled the Finney Freedom Prize on Bitcoin’s fourth halving day to celebrate the flagship crypto for enabling greater financial freedom […]
How MiCA affects your company
The following is a guest post by Mark Gofaizen, Senior Partner at Gofaizen & Sherle. As the MiCA regulation that will reshape the crypto industry […]
IRS draft tax form for crypto defines unhosted wallets as brokers
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, […]
AI and blockchain: A match made in heaven or hell
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. From AI Models on Bitcoin to AI training data on a layer […]
FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters
FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, […]
Bitcoin resilient above $64,000 as halving nears, defies broader market downturn
Available exclusively via Dial H for Halving: Unpacking the technicalities of Bitcoin’s halving Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep […]
SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action
The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits […]
New Zealand’s CBDC roadmap enters design consultation stage
The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17. The current stage of […]
Bitcoin barely holds on to $60k as bears retest March lows
Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March […]
TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
Geneva, Switzerland, April 16, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a […]
Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Embattled crypto platform Binance.US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve […]
Bitcoin’s weekend dip shakes out short-term holders
Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13. Despite the initial fears of […]
Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like Polkadot
Digital asset investment products experienced a notable setback, with outflows reaching $126 million last week, according to CoinShares’ latest weekly report. Bitcoin’s outflow accounted for […]
A preventative compromise to brash FinCEN proposal
To reveal or not to reveal? That is starting to become the question when it comes to data on the blockchain. Transparency and immutability might […]
Bitcoin is the only way out of feudalism
The following is a guest post by Kadan Stadelmann, the CTO of Komodo Blockchain. The US has undergone an immense consolidation of wealth and power […]
How Asia’s next crypto investment wave will be ignited from Bitcoin ETFs
On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) approved multiple applications for spot Bitcoin ETFs. On day one, $4.6B in shares were […]
Solana deploys congestion fix on devnet
Solana developers have released a new version of the validator client software to address persistent congestion issues and are urging validators to upgrade immediately. Anza, […]
Worldcoin App hits 10 million users in less than 12 months
World App, the first native Worldcoin (WLD) wallet, has reached the milestone of 10 million users in less than 12 months from its launch. As […]
Montenegro court clears Do Kwon’s extradition, fate in justice minister’s hands
According to South Korean local media outlet YNA, a Montenegro court has again approved the extradition of the embattled Terraform Labs co-founder Do Kwon. This […]
Let’s integrate blockchain into the real economy
How many new Web3 solutions have you encountered recently? What was their value proposition? Most likely it was transaction scalability, fee reduction, speed optimization, or […]
How emerging tech cultivates a sustainable revolution in agriculture
In an era where environmental sustainability is no longer a mere aspiration but a global imperative, the marriage of cutting-edge technology and environmental commitment gives […]
Only 1% of consumers still think Bitcoin is a passing ‘fad’
Bitcoin and crypto are no longer seen as a fleeting “fad” among consumers — the majority now consider them an integral part of the financial […]
Investor fervor for Bitcoin ETFs cools despite $646 million weekly surge in crypto funds
Crypto-related investment products continued their upward trajectory, recording inflows of $646 million within the past week, according to CoinShares‘ weekly report. This inflow brings the […]
FTX discount sale of $1.9 billion locked Solana faces creditor fury
FTX creditors have strongly disapproved of the bankrupt crypto exchange’s decision to sell its Solana holdings at a significant discount to crypto venture firms. Earlier […]
Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud
Following a nine-day trial, a jury found Terraform Labs and its co-founder Do Kwon liable for defrauding investors who lost billions when TerraLUNA collapsed in […]
Policymakers must think outside of currently accepted norms to understand crypto
The persistent disconnect between policymakers and technology invariably results in proposed and approved regulations overlooking pertinent parts of new technologies. US lawmakers and regulators face […]
The 3 tourist cities in Brazil using Bitcoin as money
Discover the cities of Jericoacoara, Rolante, and São Thomé das Letras, three tourist cities using Bitcoin as everyday money. Understand how the Lighting Network plays […]
Tornado Cash developer gets help in court from blockchain advocacy groups
Three blockchain advocacy groups have filed amicus curiae briefs on April 5 to defend Tornado Cash developer Roman Storm from criminal charges in the US. […]
The Impact of Recent Bank Account Freezes on UK Crypto Professionals
There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past […]
Crypto VC investments increased 38% in first quarter breaking 2 year trend
Crypto venture capital (VC) investments increased in the first quarter of 2024, according to a survey published by Crypto Koryo on April 4. The analyst […]
Binance executive remains detained as Nigerian court postpones case
Crypto exchange Binance, currently facing criminal charges in Nigeria, notably lacked legal representation at its April 4 court hearing in the African nation. Instead, the […]
Google eyes ‘premium’ AI features to revamp business model
Google is reportedly considering the introduction of paid “premium” features powered by generative AI to its search engine, The Financial Times reported on April 2. […]
Nigeria and Interpol collaborate to extradite Binance executive amid money laundering charges
The Nigerian Government has engaged the International Criminal Police Organization, Interpol, to facilitate the extradition of Binance executive Nadeem Anjarwalla, who is currently on the […]
Grayscale falls behind in ETF outflows first time since launch as ARKB loses $87.5 million
Grayscale Bitcoin Trust (GBTC) recorded lower outflows for the first time since the launch of spot Bitcoin ETFs on April 2, after ARK 21Shares (ARKB) […]
US government moves 30,175 Bitcoin confiscated from Silk Road to Coinbase
The US government transferred 30,175 Bitcoin (BTC), approximately worth $2 billion, to a wallet linked to crypto exchange Coinbase on April 2. The move occurred […]
Burkett Financial Services buys Bitcoin via ETFs
Burkett Financial Services, a South Carolina-based financial planner, disclosed investments in two Bitcoin exchange-traded funds (ETFs) on April 1. Burkett’s latest Form 13F filing indicates […]
Over 5% of Bitcoin’s circulating supply now held in ETPs
Quick Take According to data from the Bold Report, Bitcoin exchange-traded products (ETPs) have achieved a significant milestone, accumulating over 1 million BTC. This translates […]
How Bitcoin options impact the crypto market
The post How Bitcoin options impact the crypto market appeared first on CryptoSlate.
Can investors face euphoric market conditions safely?
The following is a guest post from Evgeny Filichkin, an Investment Advisor at Keytom neobank. When Bitcoin cleared the $69,000 level and established a new […]
Whatever happened to security? Privacy?
The following is a guest post from John deVadoss, Governing Board of the Global Blockchain Business Council in Geneva and co-founder of the InterWork Alliance […]
Vitalik believes memecoins should be used for philanthropy and social impact
Ethereum co-founder Vitalik Buterin recently articulated a reflective and forward-looking perspective on the evolution of memecoins within the crypto ecosystem. Memecoins, initially popularized by Dogecoin […]
Court rules Custodia Bank not entitled to Federal Reserve master account
A Wyoming court has ruled against Caitlin Long’s Custodia Bank by determining that the lender is not entitled to a Federal Reserve master account. In […]
Base network TVL exceeds $3 billion, with daily users surpassing 5 million
The Ethereum layer-2 network, Base, has witnessed a remarkable surge in assets locked, soaring by approximately 200% over the last month to over $3 billion, […]
Bitcoin accumulation hits decade high among ‘Shark’ cohort
Quick Take The digital asset market is witnessing an accelerated phase of Bitcoin (BTC) accumulation across two distinct cohorts: Shrimps and Sharks. The “Shrimp cohort” […]
Former FTX CEO Sam Bankman-Fried sentenced to 25 years in landmark fraud case
Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years in jail today in a packed courtroom, marking a significant moment in the […]
Sell-side risk ratio hit 3-year high as Bitcoin broke above $73k
The Bitcoin sell-side risk ratio is calculated by dividing the sum of all profits and losses realized on-chain by the realized capitalization, offering a comparative […]
Bitcoin market absorbs mining output and more, sparking price spike
Quick Take Examining the relative forces between Bitcoin cohort accumulation and monthly issuance offers intriguing insights into the current market situation. The ongoing epoch witnesses […]
SWIFT completes second test phase of CBDC with smart contract, atomic settlement capability
SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company […]
Bitcoin CEX trading volume hits record high in March
Bitcoin‘s trading volume on centralized exchanges (CEXs) saw a significant spike in March, marking the highest recorded CEX volume since May 2021 — and the […]
Bitcoin ETFs become hottest product in BlackRock, Fidelity’s repertoire of funds
BlackRock and Fidelity Investment’s spot Bitcoin ETFs — IBIT and FBTC — have become the most popular funds the two asset managers currently offer in […]
Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange […]
Funding isn’t the core solution to bridging the gender gap in Web3
Web3 has always felt like an inclusive and empowering community to be a part of. In making the transition from traditional finance to DeFi, there […]
Solana CEO Anatoly Yakovenko denounces influx of racist and offensive memecoins
Members of the Solana community and the crypto ecosystem denounced the recent surge in inflammatory memecoins on March 22. Unknown parties recently took advantage of […]
Anticipated post-halving hash rate correction
Quick Take As the Bitcoin halving nears, now just under 4,300 blocks away and slated for April 20, the network has experienced a notable surge in […]
UN adopts global AI resolution to ensure ‘safe, secure and trustworthy’ AI advancement
The United Nations General Assembly adopted a global artificial intelligence (AI) resolution on March 21. The new resolution aims to promote “safe, secure, and trustworthy” […]
Bitcoin short-term holder realized price growth hits a speed bump
The realized Bitcoin price represents the average on-chain acquisition cost. It’s a handy metric as it perfectly gauges the market’s valuation baseline at any given […]
What’s pushing down Bitcoin’s hodler balances?
Glassnode’s hodler net position change metric offers a granular view into the behavior of Bitcoin’s long-term investors. The metric is calculated by tracking the inflows […]
Solana drops over 15% in a single day, giving up most of its weekly gains
Solana (SOL) fell 15.9% on March 19 to a five-day low of $166 after a week-long rally that briefly took it close to $210 as […]
Solana Co-Founder Anatoly tells community to stop investing in memecoin pre-sales
Solana Labs Co-Founder Anatoly Yakovenko has seemingly taken a stand against Solana-based memecoins, calling for investors to “stop doing this” in relation to data showing […]
Court sanctions SEC, orders it to cover legal fees in DEBT Box case
The US Securities and Exchange Commission (SEC) has been sanctioned over its disputed restraining order against the crypto firm DEBT Box, according to a March […]
USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market
The Cardano blockchain has welcomed its first fiat-backed stablecoin with the introduction of the USDM by Mehen Finance on March 17. According to the project: […]
Most volatile weekend in a year as Solana dominates yet Bitcoin recovers
Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on […]
Web3 growth in the East
Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the bustling tech […]
How AI and crypto are shaping the future of finance
Over the last three years, the crypto space has undergone massive upheavals. Alongside the boosting from stimulus packages in 2021, venture capital (VC) firms had […]
Grayscale amends Ethereum ETF filing, says investors ‘want and deserve’ the fund
Grayscale amended a regulatory filing through which it intends to convert its Ethereum Trust to a spot exchange-traded fund (ETF). The company’s March 15 amendment […]
El Salvador receives Bitcoin donation after revealing on-chain address
El Salvador received Bitcoin donations after President Nayib Bukele shared the Central American country’s digital wallet address with the public. In a March 14 post […]
EU launches inquiry into how tech giants are dealing with risks posed by AI
The European Commission has initiated a comprehensive inquiry into the risks posed by generative AI technology on some of the world’s largest online platforms and […]
Court rules Craig Wright is Not Bitcoin creator Satoshi Nakamoto
In a landmark ruling, the UK High Court has declared that Dr. Craig Wright, an Australian computer scientist, and businessman, is not the author of […]
Coinbase looks to raise $1 billion via bond offering amid bullish market trend
Coinbase announced plans to launch a $1 billion bond offering to raise funds for its growth and expansion, according to a March 12 filing. The […]
Former US IRS agent among Binance staff detained in Nigeria
The Nigerian government reportedly obtained a court warrant to detain Binance officials for at least twelve days after they insisted they should be taken to […]
Saylor says Bitcoin will ‘eat gold’ in the coming months
MicroStrategy executive chairman Michael Saylor predicted that Bitcoin will “eat gold” in the coming months because it is a far superior asset in every way. […]
Over $1 billion wiped off HEX’s valuation following Richard Heart’s disparaging remarks
Ethereum-based Hex’s (eHEX) market capitalization plummeted by more than $1 billion after Richard Heart, the controversial figure behind the project, described it as an illegitimate […]
Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance
ARK Invest CEO Cathie Wood recently declared that Bitcoin (BTC) will surpass the $1 million mark well before the anticipated year of 2030, which was […]
Web3’s quest for broader adoption mired by complex user interfaces
Over 15 years ago, Satoshi invented the world’s first independently managed, self-operating financial system through cryptography. He aspired to push us all into a financial […]
How Bitcoin’s road to new ATH was reflected in on-chain data
The post How Bitcoin’s road to new ATH was reflected in on-chain data appeared first on CryptoSlate.
Interoperability needs its ERC-20 moment
Undoubtedly, one of the prerequisites for the mass adoption of blockchain technology is secure and seamless cross-chain interoperability. Many potential applications, particularly in complex and […]
Ethereum Supply Reduction: The Impact of Proof-of-Stake
The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data […]
AI crypto market cap doubles to $25 billion in 20 days
The AI crypto sector’s combined market cap has more than doubled to $25.1 billion in less than a month as the world remains engrossed in […]
Gary Gensler compares Bitcoin’s latest all-time high to a ‘roller coaster ride’
SEC chair Gary Gensler cautioned investors to carefully consider the merits of each project after the market experienced extreme volatility following Bitcoin’s ascent to a […]
OpenAI counters Elon Musk’s lawsuit, reveals tech mogul predicted their failure
Artificial intelligence company OpenAI has announced its intention to dismiss all allegations made by Elon Musk, revealing the tech billionaire initially assigned the company’s success […]
SEC request court to take further action after reaching ‘impasse’ with Binance.US
The SEC filed a joint motion on March 5 requesting the court to take further action against Binance.US over allegedly failing to comply with regulatory […]
From tech boom to Bitcoin era: MicroStrategy’s journey to a $20 billion market cap
Quick Take MicroStrategy (MSTR), known for its significant bitcoin treasury, has experienced an impressive financial climb, concluding 24% higher after the March 4 close, placing […]
BlackRock looking to include Bitcoin exposure in other funds
BlackRock has filed an amendment with the SEC to integrate Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX), according to a March 4 filing. BSIIX’s […]
Bitcoin ETPs surpass 1 million BTC, amid gold and bond ETF outflows
Quick Take Recent data from ByteTree highlights Bitcoin held in global Exchange Traded Products (ETPs) had crossed the one million Bitcoin mark, setting a new […]
Bitcoin consolidating above $62k as bull market indicators start flashing
The crypto market has entered March with its foot firmly on the accelerator despite showing signs of a slight slowdown from its recent rapid ascent. […]
Why has Bitcoin reached its ATH against major currencies but not USD?
The post Why has Bitcoin reached its ATH against major currencies but not USD? appeared first on CryptoSlate.
Consensys CEO believes decentralization will lead to a ‘generational paradigm shift’
Consensys CEO and Ethereum co-founder Joseph Lubin said the world is on the cusp of a generational paradigm shift fueled by decentralization as the current […]
Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs
Grayscale CEO Michael Sonnenshein said the financial industry has “never seen such insatiable demand for an ETF wrapper” as it has seen with Bitcoin ETFs. […]
Biden administration’s notorious Bitcoin mining survey halted after legal backlash
The US Energy Information Administration (EIA) agreed to stop the emergency survey of Bitcoin miners as part of an agreement to end the lawsuit filed […]
Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days
Quick Take Bitcoin’s mining difficulty has seen a downward adjustment of 3%, with the current BTC difficulty standing at 79.35 T, as per data from […]
Record high realized cap shows unprecedented economic investment in Bitcoin
Bitcoin’s realized cap is a nuanced and innovative metric for assessing the valuation of Bitcoin that differs significantly from traditional market capitalization. Unlike the market […]
Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro
Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed […]
The Bitcoin all-time high in an inflation-adjusted world is $77,000
Quick Take The inflationary scenario the economy has been grappling with since 2021 has prompted a fresh look at Bitcoin’s performance. Central banks have leveraged […]
Chamber of Digital Commerce files amicus brief supporting Kraken in SEC lawsuit
The Chamber of Digital Commerce filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC, according to Feb. 27 […]
2021 Bitcoin investors showcase long-term holding resilience
Quick Take Data shows that the 2021 cohort of Bitcoin investors, those who purchased Bitcoin during the fervor of 2021 when it hit highs of […]
Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end
Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights […]
Bitcoin’s global ETPs inch closer to historic peak, US spot ETFs credited for growth
Quick Take ByteTree data indicates that global Exchange Traded Products (ETPs) are nearing their all-time high of approximately 966k Bitcoin, a record set back in […]
New AI and hardware may crack the code on lost crypto
The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of […]
Bitcoin network congestion eases as mempool clears in February
Bitcoin’s mempool is a holding area for transactions broadcast to the network but not yet included in a block. Analyzing the mempool provides insight into […]
Cosmos co-founder says GovGen will show how governance can be used in blockchain development
In November 2023, the Cosmos Hub community approved the contentious proposal 848, which reduced the maximum inflation rate of the native token ATOM to 10% […]
What is the role of spot Bitcoin ETFs in modern investment portfolios?
Aligned within a year of its three halving events, Bitcoin had three major bull runs in its 15-year history. After each one, in 2013, 2017 […]
US agencies pause Biden-sanctioned emergency miner survey following lawsuit
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from members of the crypto mining […]
How Bitcoin ETFs, the halving, and bull market is shaping crypto, according to Bitget
In this interview with Jamie Elkaleh, Bitget Regional Growth & Country Manager, we delve into the dynamic landscape of the crypto market, examining the pivotal […]
WorldCoin up 170% weekly to all time-high following OpenAI Sora breakthrough
WorldCoin (WLD) reached a new all-time high of $8.98 on Feb. 22, following significant weekly price gains, according to CryptoSlate data. The token has retreated […]
Nigerians turn to VPN as government blocks access to Binance, Coinbase, others
Binance has acknowledged reports of Nigerian users encountering difficulties accessing its official website following the government’s directive to block prominent crypto platforms’ sites. In a […]
Nvidia posts record $60 billion in revenue amid increased demand for AI, accelerated computing
Nvidia reported increased demand for generative artificial intelligence (AI) and accelerated computing in its latest earnings report on Feb. 21. Jensen Huang, founder and CEO […]
Bitcoin options worth $3.7 billion approaching expiration – Deribit
Quick Take Feb. 23, the last Friday of the month, marks the expiration of an impressive $3.7 billion in Bitcoin (BTC) options, a situation that […]
Alex Mashinsky wants to continue retaining SBF’s defense lawyers for his trial
Celsius co-founder and ex-CEO Alex Mashinsky intends to rely on the same lawyers used by former FTX CEO Sam Bankman-Fried (SBF) to defend him against […]
Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX exposure
Swiss authorities are investigating Tyr Capital, a crypto hedge fund, following accusations of disregarding risk warnings associated with the bankrupt FTX exchange before its November […]
Elizabeth Warren reportedly seeking donations in expectation of crypto challenger
US Senator Elizabeth Warren is reportedly seeking donations to prepare for a possible challenge to her Senate seat, FOX Business’ Eleanor Terrett said on Feb. […]
Alameda Research’s Worldcoin holdings jump $50 million as WLD hits new peak
Alameda Research‘s holding in Worldcoin’s native token, WLD, has surged by over $50 million in the past day, thanks to the asset’s new all-time high. […]
Retail investors are easing back into crypto while VC funding rises for first time in 1.5 years
Bitcoin prices climbed nearly 70% in the fourth quarter of 2023 and the crypto market has been rebounding, marking the re-entry of small retail investors. […]
Notes from Davos: 10 things you should know about AI
The following is a guest post from John deVadoss. Davos in January 2024 was about one theme – AI. Vendors were hawking AI; sovereign states […]
The bizarre battle over Bitcoin’s origins
The Crypto Open Patent Alliance (COPA) versus Dr. Craig Wright trial has been going on for ten days, with both sides refuting the other’s claims. […]
Revolut to launch new crypto exchange amidst reports of listing Solana’s BONK memecoin
UK-based digital bank Revolut is preparing to introduce more extensive crypto exchange services, according to a report from Coindesk on Feb. 16. That report cites […]
Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets
US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market […]
Wealth concentration hits a new peak as major economies slip into recession
Quick Take Despite the seeming prosperity indicated by stock market highs in major economies, including the S&P 500 in the US, DAX in Germany, CAC40 […]
Coinbase saw $3.1 billion of revenue in 2023, with one-third of that total in Q4
Major US crypto exchange Coinbase published its latest financial report on Feb. 15, including fourth-quarter and full-year results for 2023. For Q4 2023, Coinbase reported […]
Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15. Data from CoinWarz shows […]
Treasury official confirms crypto makes up ‘small fraction’ of Hamas’ fundraising
Brian Nelson, Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, provided critical testimony to Congress on Feb. 14, challenging widely […]
Bitcoin ETF market sees $631 million inflow in one day
Quick Take The Bitcoin ETF market exhibited a continued surge in net inflows on Feb. 13; the trading day saw a total positive net flow […]
Spot ETH ETFs have 50% chance of May approval: Bitwise, Grayscale, Galaxy execs
Executives at three asset management firms agreed during a Feb. 13 panel discussion that pending spot Ethereum ETFs have a 50% chance of approval this […]
Binance founder Changpeng Zhao sentencing rescheduled for April 30
Binance co-founder Changpeng Zhao’s sentencing, initially set for Feb. 23, has been rescheduled for April 30, as disclosed in a Feb. 12 court filing. Zhao […]
Franklin Templeton files for spot Ethereum ETF, becoming ninth applicant overall
Franklin Templeton has become the latest asset manager to apply for a spot Ethereum exchange-traded fund (ETF) with the publication of a Feb. 12 filing. […]
Different Types of Trading Available on the KoinBay Crypto Platform
KoinBay is a leading crypto platform that offers diverse trading options for both seasoned and novice users. Whether you’re looking for immediate digital asset acquisition […]
Solana outage was caused by infinite loop bug previously seen on devnet
Solana Labs said that the recent outage that halted blockchain transactions for five hours on Feb. 6 was caused by a bug developers caught a […]
Next stage of web3 evolution will be underpinned by zero knowledge tech
While the blockchain industry has correctly pointed out key issues in the worlds of legacy tech, finance, art, and culture, the revolution promised is yet […]
OpenAI’s Sam Altman seeking $7 trillion to solve the global chip shortage issue
Tech entrepreneur Sam Altman is reportedly looking to raise between $5 trillion and $7 trillion to help fund the production of microchips to increase availability […]
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9. The NYAG’s lawsuit […]
Ethereum restaking protocol Eigenlayer TVL surges amid rising ETH staking
EigenLayer, an Ethereum-based restaking protocol, has surged past Uniswap, the foremost decentralized exchange (DEX) on the Ethereum network, regarding total locked value (TVL). Data from […]
Republican senators slam Gensler’s SEC over mishandling DEBT Box case
Several Republican senators have criticized the SEC’s recent mishandling of the DEBT Box case as “unethical” and raised questions about the watchdog’s regulatory approach under […]
DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence
The decentralized finance (DeFi) ecosystem has hit a significant milestone as the total value of assets locked (TVL) surpassed $60 billion, marking a return to […]
Congress should allow crypto to be regulated beyond securities laws: U.S. Secretary Treasury
Janet Yellen, U.S. Secretary of the Treasury, affirmed the need to regulate the cryptocurrency sector beyond securities laws on Feb. 6. Yellen made those remarks […]
Bitcoin miners slam US government planned survey as ‘Operation Chokepoint 3.0’
The U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it as the genesis of “Operation […]
Coin Center Director of Research raises alarm over identity fraud via AI
Coin Center’s Director of Research, Peter Van Valkenburgh, has issued a stark warning regarding the escalating threat posed by artificial intelligence (AI) in fabricating identities. […]
Spot Bitcoin ETFs’ cumulative trading volume exceeds $30 billion
Quick Take In the nascent arena of spot Bitcoin ETFs, competition is swiftly evolving. The first month saw a noteworthy $1.5 billion net inflow, representing […]
Trump calls CDBCs “very dangerous” and labels the power of AI “scary”
Former President Donald Trump expressed significant concerns about central bank digital currencies (CBDCs) and advancements in artificial intelligence (AI) during an interview on Fox’s Sunday […]
Crypto scams in 2024: A turn for the better or calm before the storm?
In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times […]
Why governments should regulate stablecoins instead of developing CBDCs
The post Why governments should regulate stablecoins instead of developing CBDCs appeared first on CryptoSlate.
Super Bowl won’t feature crypto ads in 2024, but two AI ads are planned
This year’s Super Bowl will most likely exclude cryptocurrency-related advertisements, CNN reported on Feb. 2. Paul Hardart, a clinical professor of marketing for New York […]
Spot Bitcoin ETFs rank among largest commodity ETFs by assets held
Several recently launched spot Bitcoin ETFs now rank alongside the largest commodity ETFs in terms of assets under management (AUM). Combining VettaETF’s list of commodity […]
DOJ charges trio in sim-swap scheme potentially linked to $400 million FTX crypto heist
The United States Department of Justice (DOJ) has taken legal action against three individuals—Robert Powell, Carter Rohn, and Emily Hernandez—for their involvement in a Sim-swapping […]
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within the nation starting next week. […]
Bitcoin ETFs sees $197 million inflow, BlackRock and Fidelity lead the charge
Quick Take Day 14 for the new Bitcoin ETFs marked another day of net inflows, with a considerable $197 million entering the market on Jan. […]
Ripple co-founder Chris Larsen’s XRP wallet hacked for estimated $112 million
Chris Larsen, executive chairman and co-founder of Ripple, said on Jan. 31 that several of his personal XRP accounts had been hacked. He wrote in […]
VanEck CEO says tokenization of real-world assets faces two major hurdles
Jan van Eck, CEO of the prominent global investment management firm VanEck, believes there are two major hurdles hindering the tokenization of real-world assets (RWAs). […]
Unveiling the seamless future of blockchain applications
Have you ever manually chosen between Azure and AWS when browsing X – or picked a payment processor to reroute your online Apple Pay transactions […]
Bitcoin miner GRIID debuts on Nasdaq under ‘GRDI’ ticker
Bitcoin miner GRIID will begin trading its common stock under the “GRDI ” ticker on the Nasdaq stock exchange today, Jan. 29. The Ohio-based miner […]
Harvest leads the charge with Hong Kong spot Bitcoin ETF application: Report
Hong Kong has reportedly received its first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the city-state. According to a Jan. 29 Tencent […]
Vanguard says Bitcoin is “immature asset class”
Vanguard decided not to offer clients access to Bitcoin ETFs because the flagship cryptocurrency is an “immature asset class” that does not align with its […]
CFTC Chair calls for comprehensive regulation for digital assets following ETF approvals
In a detailed speech delivered in Naples on Jan. 26, CFTC Chair Rostin Behnam said regulators need to ramp up their efforts to supervise the […]
Trac Core launches ‘Trac Core for TAP Protocol’ to revolutionize Bitcoin data indexing
In a groundbreaking development for Bitcoin’s data indexing landscape, Trac Core has announced the launch of “Trac Core for TAP Protocol,” according to a Jan. […]
BlackRock’s IBIT ETF now holds almost 50,000 BTC as AUM hits $2 billion
BlackRock’s iShares Bitcoin ETF (IBIT) has set a new benchmark in the cryptocurrency investment space by amassing over $2 billion in assets under management (AUM) […]
Bitcoin breaks past $42k, hitting a five-day high
The price of Bitcoin surpassed $42,000 on Jan. 26 amidst significant spot Bitcoin ETF flows and an upgrade to Coinbase’s stock rating. Bitcoin (BTC) was […]
U.S. plans to sell $130 million of Bitcoin seized in connection with Silk Road
The U.S. government has filed notice to sell $130 million of Bitcoin (BTC) previously seized connection with the Silk Road darknet marketplace. The government said […]
Nexo demands $3 billion in damages over canceled Bulgarian investigation
Nexo, a crypto lending firm, said on Jan. 24 that it aims to obtain $3 billion in damages from Bulgaria over a cancelled criminal investigation. […]
Surge in Bitcoin whale transactions defies market downturn
Quick Take The digital asset landscape is seeing a noteworthy surge in Bitcoin whale activity, as signaled by CryptoSlate’s recent data analysis. Amid a 20% […]
Ethereum validators’ reliance on Geth sparks client diversity push by Coinbase
Coinbase, a leading cryptocurrency exchange, announced plans to diversify its execution clients amidst concerns over the dominance of go-Ethereum (Geth). In a Jan. 23 statement […]
BlackRock ETF inflows hit $272 million as Grayscale records massive Bitcoin outflow
Quick Take Grayscale Bitcoin Trust (GBTC) experienced an outflow of $640 million on its seventh trading day, the most significant outflow observed since its inception, […]
Bitcoin falls below key $40k threshold amid continued sell off
Bitcoin has plunged below the critical threshold of $40,000, marking a significant downturn in the cryptocurrency’s value. Bitcoin was trading at $39,640 as of press […]
Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion
The “Newborn Nine” Bitcoin ETFs have collectively amassed 95,000 BTC, with collective assets under management (AUM) nearing $4 billion, according to available data. According to […]
China’s underground crypto market thrives despite harsh trading ban: WSJ
Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors […]
SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) on Jan. 19 opened comments on proposals related to options trading on Bitcoin ETFs. One SEC notice concerns […]
Bitcoin ETFs: An in-depth look at the first 5 days of trading
The post Bitcoin ETFs: An in-depth look at the first 5 days of trading appeared first on CryptoSlate.
Hut 8 responds to report criticizing USBTC merger and other activities
The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19. The mining company wrote: […]
Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold
Bitcoin slumped to as low as $40,280 on Jan. 19, its lowest level since Dec. 12, 2023, before rebounding to $41,979 after four hours of […]
A crypto workforce is the key to Argentina’s economic recovery
Inflation has ravaged Argentina. If you’d saved $100,000 USD worth of Argentine pesos in 1995, they would be worth about $310 USD today. In November […]
If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why
Building on CryptoSlate’s recent analysis of the competing Bitcoin inflows and outflows between BlackRock and Grayscale, I extrapolated the data even further to see just […]
IRS says controversial $10k reporting rule doesn’t currently apply to crypto
Two U.S. agencies announced on Jan. 16 that controversial transaction reporting rules do not apply to digital assets (ie. cryptocurrency). The Internal Revenue Service (IRS) […]
Zero-Knowledge infrastructure can secure ‘trillions’ in institutional money in 2024: Interview Polygon Labs
In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, […]
