Investors want crypto, but not without TradFi backing: Nomura survey

A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto. News Join us on social networks Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed. …

Coinbase doubles USDC rewards to 4% amid SEC scrutiny on staking 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 …

Tether stops fighting freedom of information request, allows disclosure of reserve data

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 Dollar Dominance Is Coming to an End, Time For Chinese Yuan To Advance Has Arrived: CEO of Russia’s Second-Largest Bank

The chief executive of Russia’s second-largest bank says that the US dollar is on the verge of losing its role as the world’s dominant currency amid the rise of the Chinese yuan. In a new interview with Reuters, VTB Bank CEO Andrey Kostin says the move by the United States and its allies to block …

Benjamin Cowen Predicts Collapse in Ethereum (ETH) Against Bitcoin (BTC) – Here’s His Outlook

Widely followed crypto analyst Benjamin Cowen is warning of a possible Ethereum (ETH) collapse relative to Bitcoin (BTC) as the altcoin markets continue to flash signs of weakness. In a new strategy session, Cowen tells his 783,000 YouTube subscribers that the ETH/BTC pair could drop more than 45% from its current value of 0.066 BTC, …

Crypto lender Abra has been insolvent since March, says Texas regulator

Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. News Join us on social networks Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators. In a June 15 …

Bitcoin Holders Show No Panic Loss Selling, What Does It Mean?

On-chain data shows that Bitcoin investors aren’t participating in any significant amounts of loss selling right now. Here’s what it may mean. Bitcoin Entity-Adjusted Realized Loss Has Remained Low Recently According to data from the on-chain analytics firm Glassnode, coins transacted recently were mostly acquired close to the current spot price. The relevant indicator here …

Bitcoin Headed for Another Crash? Over $100 Billion in Liquidations Suggests Trouble Ahead

Bitcoin (BTC), the largest cryptocurrency in the market, was expected to continue its bull run after consolidating its gains. However, on June 14th, just before its daily close, Bitcoin suffered a 3% decline, dropping below $25,000 and reaching as low as $24,700, a price level not seen since mid-March. In light of these developments and …

BlackRock Inches Closer To Launching Bitcoin ETF: Potential Impact On BTC Price

Financial circles are buzzing with the news that BlackRock, the world’s largest asset manager, is considering applying for a Bitcoin Exchange Traded Fund (ETF). This development signifies a substantial move by one of the most influential financial institutions into the world of cryptocurrencies. The anticipation is growing amid revelations that BlackRock plans to use Coinbase …

XRP Exhibits Bearish Chart Pattern – Where Could The Price Head Next?

In the past 48 hours, the price of XRP has experienced notable volatility, dropping below $0.50. The crypto market is closely focused on XRP due to a recent favorable development in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The emergence of the Hinman documents has sparked inquiries into the actions of the Securities …

Bitcoin Price On Shaky Ground: Market Analysts Warn Of Potential Fall To $20,000 Level

Bitcoin, the world’s largest crypto by market cap, is currently under pressure, as it broke the significant $25,000 mark in the last 24 hours. This development has spurred a sense of urgency among traders and market analysts who are bracing for a possible further dip in the value of Bitcoin (BTC). At the time of …

Dogecoin Whales Move Over $335,000,000 in DOGE in the Last 24 Hours

Deep-pocketed Dogecoin (DOGE) investors have abruptly moved hundreds of millions of dollars worth of the meme asset during the last 24 hours. According to new data from whale-tracking platform Whale Alert, high-net-worth DOGE traders have moved about $335,000,000 million dollars worth of the dog-themed memecoin during the last day. Of the seven notable transactions on …

Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express

Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15 report from The Financial Times, the Hong Kong Monetary Authority is pressuring major financial institutions to accept crypto clients. But it’s not just …

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