Ark Invest cashes in $53M as Coinbase shares reach 12-month high

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 …

Op-ed: How can AI supercharge your web3 marketing?

Web3 marketing is dynamic. Due to the fast-paced nature of the blockchain industry, it demands continuous innovation to succeed. As emerging technologies grow in leaps and bounds, so does the potential to reach new audiences. One of the most powerful tools in the modern marketer’s arsenal is Artificial Intelligence (AI). In this article, let’s explore …

U.S. presidential candidate Ron DeSantis says he’ll “nix” CBDCs upon election

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 …

Shiba Inu Whale Abruptly Moves 4,113,777,233,445 SHIB in Massive Transaction – Here’s Where the Crypto’s Headed

An unknown crypto whale is suddenly moving trillions of Shiba Inu (SHIB) tokens as the top memecoin rallies to a high not seen in weeks. Blockchain-tracking service Whale Alert notes that a deep-pocketed investor moved a total of 4,113,777,233,445 SHIB worth $32.86 million from an unknown wallet to another unknown wallet on Friday. Shiba Inu …

Entity representing Binance customers seeks compensation

The mysterious entity called Eeon seeks compensation from Binance and the U.S. SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. News Join us on social networks A third-party entity called Eeon has intervened in the lawsuit filed by the United States Securities and Exchange Commission (SEC) …

AI signals vs. human intuition: Decision-making in crypto trading

AI and human intuition together can make for powerful trading tools. Analysis Join us on social networks Traditionally, traders have relied on human-based pattern recognition and technical analysis, looking at the company’s financial health, competitors and other methods for determining what trades to make on an asset. However, with the growth of artificial intelligence (AI), …

Cathie Wood’s Ark Invest Sells Coinbase Shares Worth $53 Million At Yearly High

Cathie Wood’s Ark Invest has sold nearly half a million Coinbase shares worth over $53 million.  The sale was made by three of Ark’s leading funds including the Ark Innovation ETF and Ark Fintech Innovation Fund.  Coinbase’s stock was trading at a yearly high of $113 when Ark Invest sold the shares.  Ark Invest is …

Coinbase Stock Tanks 9% After Suspension Of Staking In Four US States

Coinbase has paused staking services in four U.S. states, including California and New Jersey.  The suspension comes a month after ten states initiated proceedings against the exchange over its staking product.  CEO Brian Armstrong previously assured customers that the staking services would continue despite objection from state regulators.  The company’s share price has tanked more …

Top Crypto Analyst Issues Bitcoin Alert, Warns BTC Could Nuke if One Critical Support Level Crumbles

A top crypto analyst is predicting that Bitcoin (BTC) is at risk of collapsing if one scenario plays out in the near term. Pseudonymous analyst DonAlt tells the 52,300 subscribers of the TechnicalRoundup YouTube channel that Bitcoin is looking at a decline of up to 30% if it loses the key $30,000 level. He notes …

XRP Has High Likelihood of a Second Pump, Predicts Crypto Analytics Firm Santiment – But There’s a Catch

Crypto analytics platform Santiment is laying out the path forward for XRP after a court ruled that Ripple Labs’ automated, open-market XRP sales did not constitute a sale of securities. In a new Santiment Insights blog post, the firm’s director of marketing, Brian Quinlivan, says that XRP, which rallied by over 70% after the court …

Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood

Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares. News Join us on social networks As the stock price of Coinbase (COIN) reaches a 52-week high, Ark Invest, the investment management firm led by Bitcoin (BTC) bull Cathie Wood, has recently divested more of its Coinbase shares. …

Synthetix takes on counterparty risks with Infinex derivatives exchange

The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX). News Join us on social networks Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products. Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end …

5 peer-to-peer (P2P) lending platforms for borrowers and lenders

Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization. Overview Join us on social networks Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending networks enable decentralized lending, in which people can borrow money from …

This Top-30 Altcoin That’s Underperformed Other Crypto Assets Could Explode by 100%, Predicts Leading Analyst

A top cryptocurrency analyst and trader is expressing bullish sentiment on the native token of a major smart contract blockchain. The analyst pseudonymously known as Bluntz tells his 223,700 Twitter followers that interoperable blockchain Cosmos (ATOM), which is trading close to its 2023 lows, could double in value. According to Bluntz, ATOM is in a …

SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review

The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. News Join us on social networks The United States Securities and Exchange Commission (SEC) has accepted https://www.sec.gov/rules/sro/nasdaq.htm application for a spot Bitcoin (BTC) exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before. The SEC’s …

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