In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts. This has raised speculations about the reason for this decision and what it means for the Ethereum futures ETFs projected …
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XRP has maintained its position within the confines of a symmetrical triangle pattern, with today’s modest surge doing little to alter its trajectory. This symmetrical triangle pattern has exerted significant influence over XRP’s price movements for the past month, indicating that it may continue to dictate the coin’s fate in the near future. The symmetrical …
Continue reading “XRP Forecast: Is A Retreat Below $0.5 Likely Before October?”
In a bold and contentious statement, Caitlin Long has asserted that 99% of the crypto industry should be eliminated to decrease leverage buildup and improve the industry’s future advancement. Industry Overhaul Demanded For Sustainability Caitlin Long, Founder and CEO of Custodia Bank, a crypto asset banking company, has called for a seismic change in the …
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Bitcoin (BTC) has experienced little price movement this week and is up by only 0.25% in seven days, according to data from CoinMarketCap. Following the announcement on Wednesday that federal interest rates will remain at their current level, the premier cryptocurrency showed the expected reaction, maintaining its price above $27,000. However, over the last two days, …
Continue reading “New Bitcoin Prediction: Analyst Backs BTC To Reach $34,500 In 2024”
As October approaches, the crypto community will have their eyes set on the US Securities and Exchange Commission (SEC), as it has some key decisions to make that could invariably affect the crypto industry and everyone in it. SEC Appeal Incoming? The SEC is expected to decide whether or not to appeal the ruling in …
The Anti-Money Laundering (AML) registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain. News Join us on social networks Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering (AML) compliance registration from Spain’s central bank, as part of its ongoing expansion across Europe. According to a Sept. …
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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 “FTX’s one-time law firm denies awareness of fraud, moves to dismiss lawsuit”
A hacker managed to steal a significant chunk of customer information from the crypto data firm Nansen after breaching one of the company’s third-party vendors. Nansen acknowledged the attack in an announcement on the social media platform X on Friday, noting that the vendor breach allowed the hacker to access admin rights to an account …
Distressed debt investors are reportedly gobbling up hundreds of millions of dollars worth of bankrupt crypto exchange FTX’s claims. According to a new Bloomberg report, an analysis of their records indicates that investment firms such as Silver Point Capital, Diameter Capital Partners, Attestor Capital, Hudson Bay Capital Management and others have bought $250 million worth …
Top Stories This Week SEC sees temporary setback in request to access Binance.US software The United States Securities and Exchange Commission has failed to win immediate access to Binance.US’s software, with the judge saying he isn’t “inclined to allow the inspection at this time.” The hearing was held on Sept. 18 to discuss the SEC’s …
Australia’s financial regulator has launched a civil lawsuit against a subsidiary of the crypto exchange Kraken for allegedly failing to comply with regulations for its margin trading product. The Australian Securities and Investments Commission (ASIC) alleges that Bit Trade, Kraken’s arm of operations in the country, failed to make a “target market determination” for its …
The following is a guest post from Ali Husain, an advisor at Navigate. While Web3 has offered an alternative to the dominance of Big Tech firms in many aspects of the technology sector, it has yet to overcome the duopoly dominance of Google Maps and Apple Maps in the digital mapping market. According to a …
Continue reading “Op-ed: Duopoly in digital mapping – Can web3 be the answer?”
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 “Shrimp and whales surge ahead in shifting Bitcoin balance landscape”
Widely followed pseudonymous trader Altcoin Sherpa says one Dogecoin (DOGE) rival could make a bigger move to the upside. Altcoin Sherpa tells his 196,400 followers on the social media platform X that after breaking through a key resistance level, memecoin Pepe (PEPE) may not be done rallying. “PEPE: nice move today, I didn’t really see …
A widely followed crypto analyst is warning that the total market capitalization of Bitcoin (BTC) and other digital assets could collapse. In a new strategy session, DataDash host Nicholas Merten tells his 512,000 YouTube subscribers that the total crypto market cap could see a whopping $440 billion decline from its current value. He also says …
