The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the station when it comes to the next crypto bull run. BTCUSD Momentum Builds Across …
Continue reading “Momentum: Why The Bitcoin Train Is Ready To Leave The Station”
The cryptocurrency Stacks (STX) has recently experienced a remarkable turnaround, with its price bouncing back after reaching a multi-month low of $0.4412. Investors have seized the opportunity to “buy the dip,” resulting in a continuous upward trend for STX over the past few days. As a result, STX is now trading at $0.7916, marking a …
Continue reading “Stacks (STX) Rallies By 29% In The Past 7 Days – Here’s Why”
The fate of Binance USD (BUSD), the stablecoin introduced by Binance, hangs in the balance as its market capitalization has experienced a significant decline of over 80% in 2023. From November 2022 to June of the current year, BUSD’s market capitalization has plummeted from USD23 billion to USD4 billion. Notably, the capitalization suffered an 18% …
Continue reading “BUSD Market Cap Plunge Of 80% Raises Concerns Of Impending Collapse”
Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level. The cryptocurrency’s remarkable performance during this period has been celebrated by bullish traders who see it as a significant victory. With this surge, Litecoin has caught the attention of market participants, generating renewed …
Continue reading “Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally”
An exchange-traded fund (ETF) provider in the United States is reportedly close to launching a first-of-its-kind Bitcoin (BTC) fund. Volatility Shares, an ETF provider based in Mt. Kisco, New York, will start offering the “2x Bitcoin Strategy ETF” (BITX) next Tuesday, June 27th, according to the company’s website. Volatility Shares says the product is the …
Top Stories This Week ‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits. Over the past week, Fidelity, Invesco, WisdomTree and Valkyrie have followed investment giant BlackRock in applying for a …
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 …
Continue reading “Media giants appeal to overturn court decision to keep FTX user names redacted”
Trillions of dollars could reportedly be yanked out of the banking system as the Federal Reserve intensifies its efforts to combat inflation. According to a new Fed paper, the Federal Reserve is looking at drastically reducing the amount of cash swirling in the banking system as the central bank marches on with its tight monetary …
The U.S. Securities and Exchange Commission (SEC) has decided to allow bankrupt crypto lender BlockFi to prioritize its creditors over its civil penalties. BlockFi owes the SEC a $30 million fine stemming from 2022 charges, but the regulator agreed to scrap the penalty until the company can pay off the parties who lost money when …
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan. News Join us on social networks A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The transaction was the first on-chain loan backed by an …
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On-chain data and ETH price charts are beginning to hint at a possible rally to $3,000. Market Analysis Join us on social networks Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s (ETH) technical charts suggest that the asset can reclaim …
Continue reading “Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low”
Creditors of the bankrupt crypto lending firm Celsius Network recently amended their lawsuit to accuse Wintermute, a major crypto market maker, of participating in a […] Go to Source
Brazil’s central bank has given the green light to Mercado Bitcoin, the leading cryptocurrency exchange in the country, enabling its participation in the pilot initiative […] Go to Source
Coinbase, the largest crypto exchange in the US, has won a Supreme Court ruling, allowing the company to pause deliberation of a lawsuit and move the proceedings into private arbitration. While it may not have direct implications on crypto, the victory marks the first of any digital asset firm in a Supreme Court ruling. The …
According to the CEO of Hong Kong’s Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy. News Join us on social networks The CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong’s embrace of Web3 regulation following the collapse …
