As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe. Travers spoke with Cointelegraph on June 14 about the current state of local crypto regulatory efforts and how the opportunities available …
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Bitcoin May Resume Consolidation as It Tumbles Above $20.8K – June 14, 2022 BTC/USD plunges to an oversold region of the market as it tumbles above $20.8K.Bitcoin has fallen to the $20,000 psychological price level. This implies that the largest cryptocurrency will resume consolidation above the current support in the next few days. Bitcoin Price …
The price of Bitcoin fell below $26,000 on Thursday, its lowest dip in over 16 months. This is a part of a recent sell-off in cryptocurrencies that saw over $200 billion disappear from the market in a single day. Ether, the second most valuable cryptocurrency after Bitcoin, plummeted to $1,704.05, its lowest level since June …
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A new crypto bill was proposed this week, and it has led to a wave of discussion across the industry. There is a mixed bag of opinions revolving around this issue, involving very strong positions. However, a big part of the crypto space believes this to be a win for the industry. Is it a …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. Allegations have ranged from siphoning $8 million monthly to withdrawing $2.7 billion from the Terra ecosystem via …
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The price of Ethereum has dropped below $1,250 while energy prices are skyrocketing. The average cost of electricity in states such …
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum staking protocol Lido’s dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an article from Danny Ryan, a researcher at Ethereum Foundation, argued. …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! As Bitcoin fell as low as $22,600, some mining equipment manufactured in 2019 is no longer profitable, while the rest is barely producing positive returns. Bitcoin (BTC) mining company Bitdeer posted a chart on Twitter showing the price limits for each …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Binance, a major cryptocurrency exchange, has announced that Bitcoin (BTC) withdrawals have resumed after a three-hour hiatus. It was previously reported that Binance had suspended Bitcoin withdrawals due to a “stuck transaction” causing a backlog in the system. Binance’s founder and CEO, Changpeng Zhao, …
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the …
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global …
Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath. Scaramucci on How to Survive Crypto Bear Market Skybridge Capital founder Anthony Scaramucci shared his bitcoin outlook and advice on how to survive the crypto …
press release PRESS RELEASE. BOSO TOKYO announce the launch of NFT project “BOSO TOKYO” , an identity defining brand in the Metaverse To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. Check out the details here for a chance to win a BOSO TOKYO NFT by completing a few simple …
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Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory. “By bringing enforcement actions–or threats of potential enforcement–the SEC intends to bully, bulldoze, and bankrupt crypto innovation in the …
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Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation of hawkish monetary policy’ from the U.S. Federal Reserve according to CoinShares. U.S. inflation rates hit 8.6% year-on-year at the end of May, marking a return to levels not seen since 1981. As a result, the market is expecting the Fed …
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