In a refreshing ruling on August 29, the United States District of Columbia Court of Appeals said the stringent Securities and Exchange Commission (SEC) was, after all, wrong in denying Grayscale to convert their over-the-counter (OTC) Bitcoin Trust (GBTC) into a Bitcoin spot exchange-traded fund (ETF). The regulator had previously barred the conversion of the GBTC …
Continue reading “Grayscale’s Win Breathes Life Into Litecoin, Post-Halving Rally On?”
Shiba Inu’s (SHIB) community’s resolution was tested following Shibarum’s launch, as the network didn’t get off to the best start, dragging SHIB’s price down in the process. However, the community’s faith didn’t waiver, and now, it is in celebratory mode as Shibarium marks a major milestone just a day after its relaunch. Shibarium Wallets Cross …
Continue reading “Shiba Inu Community Celebrates New Milestone One Day After Shibarium Goes Public”
The Bitcoin price trades close to the $26,000 level during today’s trading session, as it has since last week. However, new data points to a potential breakout out of the current range and into previously unexplored territory in 2023. As of this writing, Bitcoin trades at $25,950 with sideways movement across the board. Other cryptocurrencies …
Continue reading “Bitcoin Breaks Above $26,000, A Stronger Bounce Is Imminent Says This Metric”
A recent report from Bitfinex has shed light on a trend in the Bitcoin market. The report shows despite the unpredictability of the crypto market; long-term Bitcoin holders appear to be playing the patience game, signaling a buoyant outlook on the digital currency. This resilience and sense of optimism come to the fore as Bitfinex’s …
On-chain data shows the Bitcoin exchange netflow has remained at negative values recently, which could play in the favor of the asset. Exchanges Have Been Seeing Net Bitcoin Outflows Recently An analyst in a CryptoQuant Quicktake post explained that investors have been withdrawing their coins from exchanges recently. The relevant indicator here is the “exchange …
Continue reading “Bitcoin Bullish Signal: Exchange Netflow Remains Negative”
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month. News Join us on social networks The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) allowing it to deal in virtual assets. On …
Continue reading “SEBA Bank secures in-principle nod for crypto services in Hong Kong”
Regulators from Rhode Island have approved X’s application for a currency transmitter license. News Join us on social networks Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf …
Continue reading “Elon Musk’s X moves closer to crypto payments with new state license”
Digital assets manager CoinShares says that the crypto markets suffered their heaviest outflows last week since March. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets lost $168 million last week, continuing a two-week run of outflows. “Digital asset investment products saw outflows totaling US$168m, the largest outflow since the US regulatory …
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer. News Join us on social networks Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform. It is …
Continue reading “Tether adds Bahamas-based private bank Britannia as partner: Report”
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped. News Join us on social networks The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on …
Continue reading “Crypto community jubilant over Grayscale decision, but uncertainty remains”
Leila Ismailova began her professional career at the age of 15 as a broadcasting star in Belarus, the Russian-neighboring Eastern European country that plays home to 9.3 million citizens. She continued in the role for 10 years, she says, before reaching what she felt was a “professional ceiling” and beginning a journey that led to …
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 “Google leans into AI by expanding Duet, integrating Meta’s Llama, and more”
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 …
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 …
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 …
