Will $26B staked in ETH 2.0 be unlocked and sold after the merge?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It has been confirmed that the Ethereum Consensus Layer will be launched as soon as August 2022. After years of delays, “the Merge” is finally here. However, there is some concern over what will happen to the price of Ethereum (ETH) …

Prominent entities implicated as whistleblowers lift lid on Terra scandal

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Twitter user @FatManTerra dropped a bombshell on May 23, alleging that the events at Terra LUNA were a criminal act orchestrated by key industry figures and entities. Previously, the dominant narrative had been one of misfortune and oversight regarding vulnerabilities in …

Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend

During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be …

Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’

This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain …

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent

The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have …

Top Crypto Analyst Predicts Rallies for Bitcoin (BTC) and Ethereum (ETH) – But There’s a Big Catch

A closely followed crypto trader is predicting surges for Bitcoin (BTC) and Ethereum (ETH) but warns that the rallies will be short-lived. Pseudonymous crypto analyst Penthoshi shares with his 553,700 Twitter followers the inverted chart of Bitcoin to illustrate that BTC bears are nearly exhausted. “This looks tired. So many trapped longs [shorts] there at …

Investors Unfazed by Bitcoin (BTC) and Crypto Sell-Off, Says Grayscale CEO Michael Sonnenshein

The CEO of digital asset titan Grayscale Investments is weighing in on the state of Bitcoin (BTC) as the signature crypto asset deals with an ongoing market correction and negative sentiment. In a new interview with Yahoo Finance at the World Economic Forum conference in Davos, Switzerland, Michael Sonnenshein says that investors are looking at …

Kriptomat Makes Automated Trading Available to All

Automated buy and sell monitors prices and executes trades on behalf of Kriptomat customers. Kriptomat has made the power and convenience of program trading available to cryptocurrency customers and investors at no charge. Kriptomat ‘automated buy and sell’ works the same way as automated trading services offered by high-priced investment advisors to their wealthy clients. …

Hackers Net $438,000 in Crypto From Phishing Scam After Compromising Twitter Account of NFT Artist Beeple

Hackers are running away with about $438,000 worth of crypto after compromising the Twitter account of popular digital artist Mike Winkelmann, known as Beeple. Beeple announced the hack on Sunday morning, noting that everything was back under control. “Stay safe out there. Anything too good to be true IS A… SCAM. And as side note, …

WEF 2022: Web3 no longer just about crypto and DeFi, says Polkadot founder Gavin Wood

Although Web3 has become a sort of buzzword in the cryptocurrency community, its application and utility extend far beyond the world of blockchain, according to Polkadot (DOT) founder Gavin Wood.  In an exclusive interview with Cointelegraph at the World Economic Forum’s Annual Meeting in Davos, Switzerland, Wood talked about Web3 applications and whether the all-encompassing …

Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC

Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital are a collaborative environment carried out by the Central …

WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto

The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to judgment on the consensus mechanisms of crypto mining and education, and careful policymaking can counteract it. …

Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price

Solana (SOL) price has begun to consolidate in a tightening range and if the wider market remains stable, it’s possible that SOL could break out in the short-term. SOL’s upside potential in the short term could be significant with the move, itself, occurring quickly. The 2022 Volume Profile between $53 and $90 is extremely thin, …

Fantom (FTM) Price Prediction: FTM Has Been Trending Bearish

Fantom (FTM) Price Prediction – May 24Fantom (FTM) market has been trending to bearish as it trades against the valuation of the US Dollar over several couples of sessions. Its all-time high stands at $3.48 since seven months ago, and the all-time low is at $0.001953, running two years ago. Presently, the market is trading …

TerraUSD (UST), Tether (USDT) Not as Stable and Cannot Guarantee Their Peg at All Times – ECB Crypto Asset Report

Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in Crypto-Asset Markets’. The informative article describes the stablecoins of TerraUSD (UST) and Tether (USDT) as not being as stable as their names suggest and cannot guarantee their peg at all times. The article also concludes …

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