Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process

The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim. News Join us on social networks In the ongoing legal battle between Coinbase and the United States Securities and Exchange Commission, the American cryptocurrency exchange has filed a motion to …

What is an atomic swap, and how does it work?

Atomic swaps work by utilizing smart contracts and hashlock cryptographic techniques to secure digital asset exchanges. “Atomic” is a term used to describe processes that either conclude successfully or do not initiate at all — there is no other alternative. An atomic swap for crypto trading implies only two possible outcomes: Either the trade is …

Bitcoin To Explode by Up to 1,400% Amid Institutional Interest – Here’s the Timeline: Michaël van de Poppe

Crypto analyst Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) amid growing interest from institutional investors. Van de Poppe tells his 162,000 YouTube subscribers that Bitcoin could rally by up to 15x in the run-up to the halvening and for several months after. “We’re most likely going to have a cycle that’s …

Trader Predicts 50% Rally for Altcoin That’s Surged 28x in Two Months, Updates Outlook on Ethereum and Chainlink

A widely followed crypto analyst is predicting a big bounce for memecoin Pepe (PEPE) as he updates his outlook on Ethereum (ETH) and Chainlink (LINK). Pseudonymous trader Altcoin Sherpa tells his 196,100 Twitter followers that Pepe can rally more than 64% from its current value. “PEPE: Wouldn’t be surprised to see this hit the .50 …

Canadian committee proposes measures to support blockchain, crypto

The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. News Join us on social networks Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of …

Slovakian parliament votes to approve lower crypto taxes

A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. News Join us on social networks Members of Slovakia’s National Council of the Slovak Republic — the country’s parliament — have voted to approve lowering crypto taxes, along with additional …

German regulator reportedly rejects Binance’s crypto custody license request

Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States. News Join us on social networks The German Federal Financial Supervisory Authority (BaFin) — the country’s financial regulator — has reportedly rejected Binance’s crypto custody license application. The news was first reported by Forward Finance, citing people familiar with …

Crypto debanking could drive industry underground: Australian Treasury

The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. News Join us on social networks The growing trend of banks cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to …

Bitcoin OTC desks see highest holdings in a year as inflows rise

According to data from Glassnode, Bitcoin‘s Over-The-Counter (OTC) holdings, an often-overlooked aspect of cryptocurrency trading, have surged to their highest level in the past year, with inflows consistently outpacing outflows since May 2023. Source: Glassnode Over-The-Counter (OTC) trading denotes the direct exchange of assets like Bitcoin between two parties, bypassing the traditional exchange. This off-exchange …

Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’

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BlackRock calls AI a ‘mega force’

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 …

Ethereum on the Cusp of Collapsing Against Bitcoin, Predicts Top Analyst Benjamin Cowen – Here Are His Targets

Top cryptocurrency analyst Benjamin Cowen says he is bearish on Ethereum (ETH) when paired against Bitcoin (BTC). Cowen tells his 748,800 Twitter followers that the Ethereum/Bitcoin pair is on the verge of “collapsing.” According to Cowen’s ETH/BTC chart, Ethereum could plummet by nearly 40% to under 0.03800000 BTC. “I still think ETH/BTC is in the …

Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’

Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%. Markets News Join us on social networks Bitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows. In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands …

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