Over $124,700,000,000 in Bitcoin (BTC) Is Now Ancient, According to Analytics Firm Glassnode

Nearly $125 billion worth of Bitcoin (BTC) are now considered “ancient,” or untouched for at least seven years, according to top blockchain analytics firm Glassnode. Glassnode says that in all of Bitcoin’s history, only 8.3% of all coins that become ancient have ever been spent. Of the BTC that remain ancient, Glassnode says they could …

$1,400,000,000,000 Asset Manager Franklin Templeton Launches New Fund on Polygon (MATIC)

Investment titan Franklin Templeton says that its blockchain-run mutual fund is now supported on the Ethereum (ETH) layer-2 scaling solution Polygon (MATIC). The $1.4 trillion asset manager’s Franklin OnChain U.S. Government Money Fund (FOBXX) is the first US-registered mutual fund to use a public blockchain to execute transactions and record share ownership.  The fund, which …

Fed Triggering Terrible Global Calamity As Nations Back Away From US Bonds: Billionaire Ray Dalio

Billionaire Ray Dalio warns that other countries are no longer lining up to purchase government debt after witnessing the crisis in the US banking industry. In a new interview with YouTuber Chris Williamson, Dalio explains why the collapse of Silicon Valley Bank is just a symptom of a much larger problem instigated by the Federal …

Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days

If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own. Price Analysis Own this piece of history Collect this article as an NFT Join us on social networks Risky assets marginally extend their up-move in April. The S&P 500 Index rose around …

Four consecutive green months for Bitcoin

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May …

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has …

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. The …

Elizabeth Warren Is Pushing De Facto Ban on Crypto in the US, Says Blockchain Association’s Jake Chervinsky

The chief policy officer of a prominent blockchain advocacy group says that Senator Elizabeth Warren is attempting a de facto ban of digital assets in the US. According to The Blockchain Association’s Jake Chervinsky, Warren’s crypto bill, which was first introduced to the Senate in December 2022, is effectively a ban on crypto assets in …

Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023

New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive. Market Analysis Own this piece of history Collect this article as an NFT Join us on social networks It now costs Bitcoin (BTC) miners at least $17,000 to produce one …

Bitcoin Whales Quietly Accumulate $1,875,819,869 in Crypto in Just 18 Days: Santiment

New data from digital assets analytics firm Santiment reveals that Bitcoin (BTC) whales have accumulated nearly $2 billion worth of the crypto king during its most recent price dip. Santiment says that whales, or investors holding between 100 and 10,000 Bitcoin, have collectively added just over 64,000 BTC worth $1,875,819,869 to their stashes since April …

Stock Market To Witness Biggest Crash Since 1929 as US Dollar Explodes: Economist Henrik Zeberg

Macro economist Henrik Zeberg says that the stock market is likely en route to one of its biggest crashes in history. Zeberg tells his 109,300 Twitter followers that prior to his predicted crash, he’s expecting a massive blow-off top rally for equities in the coming months. The economist shares a chart with his prediction for …

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