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Monthly archives: June 2023
Belgium’s chief financial regulator orders Binance to cease Belgian services
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 …
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MakerDAO-powered lending platform Spark Protocol onboards Rocket Pool staked ETH as collateral option
MakerDAO (MKR) has announced that Spark Protocol is onboarding Rocket Pool’s staked Ethereum (rETH) as a new collateral type, creating increased opportunities for users to leverage their digital assets in the DeFi ecosystem. Expanding the lending ecosystem Founded in 2015, MakerDAO is best known for issuing the decentralized stablecoin, DAI. The latest development in its …
IMF Economists Say Complete Crypto Bans ‘May Not Be Effective’ Long-Term Policy Choices
Economists with the International Monetary Fund (IMF) are calling for more proactive measures to manage the risks of crypto as several nations crack down on the industry. In a new report, IMF’s Western Hemisphere Department division chief Mauricio Villafuerte and economists Rina Bhattacharya and Dmitry Vasilyev warn that outrightly banning crypto may have adverse consequences. “While …
Bloomberg Analyst Mike McGlone Says Bitcoin (BTC) Facing One Massive Headwind As It Hovers Above $30,000
Bloomberg Intelligence’s senior macro strategist Mike McGlone is warning that Bitcoin’s (BTC) latest rally above $31,000 is running up against a powerful headwind. McGlone tells his 58,500 Twitter followers that he believes recessionary pressures are coming that could cause Bitcoin to retest the $20,000 level. “Bitcoin $20,000 or $40,000? Facing the Fed, Recession, Nasdaq – …
Payments Giant Mastercard Expands Partner Network To Help Scale Crypto Assets and Blockchain Technology
Mastercard is announcing the expansion of its global partner network amid increasing consumer demand for new payment technology. The payments processing giant says the expanded Engage partner network will broaden access to digital assets and blockchain as it facilitates the introduction of new crypto card programs in the market and enable crypto-to-fiat conversion capabilities. “Mastercard is …
Analyst Breaks Down Bitcoin (BTC), US Dollar Index and Two Major Stock Indices After Huge Week for Crypto
A widely followed crypto analyst is updating his outlook on the markets after a huge week of gains for digital assets. Crypto trader Justin Bennett tells his 112,400 Twitter followers that now is not the time to go long on Bitcoin (BTC). “BTC most likely a flush of late longs here. Def not where you want to …
Etherscan launches AI-powered Code Reader: Finance Redefined
The top 100 DeFi tokens broke out of a three-week-long bearish momentum amid a marketwide surge led by Bitcoin. Newsletter Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past …
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Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications. News Join us on social networks A company behind providing cryptocurrency-linked and other exchange-traded funds (ETFs) has filed with the United States Securities and Exchange Commission (SEC) …
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Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support. Market Analysis Join us on social networks Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in …
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. News Join us on social networks Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy …
FDIC Documents Reveal Circle And Sequoia As SVB’s Top Depositors
Documents released by the FDIC revealed the top depositors at the failed Silicon Valley Bank. Venture capital giant Sequoia and stablecoin issuer Circle were among SVB’s top depositors. The FDIC went past its $250,000 deposit insurance and provided covers of up to $1 billion for the bank’s top clients. The latest revelations came after the …
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Biconomy Price Prediction for Today, June 23: BICO/USD Keeps Moving Higher as Price Touches $0.288
The Biconomy price prediction adds a tremendous 14.37% gain, and at the time of writing, it is trading around the $0.270 resistance level. Biconomy Prediction […] Go to Source
Crypto Asset Built To Boost Bitcoin Utility Surges 44% in Just One Week
A Bitcoin (BTC)-focused crypto asset has drafted off BTC’s price pump and surged by more than 44% in the past seven days. Stacks (STX) is a layer-1 blockchain that aims to boost the utility of Bitcoin by enabling smart contracts, decentralized finance (DeFi) activity, non-fungible tokens (NFTs) and other applications to be built on the …
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Tether Chooses Kava As Gateway for Cosmos USDt
June 23, 2023 – Georgetown, Cayman Islands Tether chooses Kava, a layer one blockchain designed for scalability and speed, as its gateway to the Cosmos ecosystem. Kava is excited and honored by Tether’s decision to bring the world’s most liquid, secure and transparent stablecoin USDt to Cosmos appchains and Kava EVM DApps. Tether USDt comes …
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