Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking point in the crypto community has been the ongoing exodus of executives from Binance amid growing regulatory troubles. Binance has seen the departure of 10 key executives from various departments in the first nine months …
Monthly archives: September 2023
Approximately 182 Individuals Globally Now Own Crypto Worth at Least $100,000,000, According to a New Study
New data reveals that over 180 individuals around the world now own at least $100 million worth of crypto assets. According to a new study by financial advisement group Henley and Partners, dozens of global crypto entrepreneurs are now centi-millionaires, almost half of them either obtaining their wealth from holding or trading Bitcoin (BTC), the …
G20 moves forward with international crypto framework
The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis. News Join us on social networks Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto …
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Op-ed: Tokenization is the tool needed for emerging economies to leap ahead
The concept of ‘leapfrogging’ has been touted as an effective means for developing nations to bypass traditional stages of development and jump directly to the latest version of technologies or emerging tech alternatives. The archetypical example given is the smartphone. While traditional Western nations went through telecommunications development phases from landline connections to basic cell …
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More Than 80% of the Holders of Shiba Inu and These Three Dogecoin Competitors Are Now Underwater: IntoTheBlock
New data from market intelligence platform IntoTheBlock reveals that over 80% of traders who have invested in a handful of memecoins are currently underwater. According to the crypto analytics firm, just 11% and 10% of traders who hold Dogecoin (DOGE) competitors Shiba Inu (SHIB) and Floki (FLOKI) are in the green while only 14% and …
Bitcoin Could Nosedive by Over 60% Due to One Massive Factor, Warns Crypto Analyst Nicholas Merten
A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet on account of one potential factor. In a new strategy session, DataDash host Nicholas Merten tells his 512,000 YouTube subscribers that Bitcoin could decline by more than 60% from its current value if Apple’s market cap continues to decline. According to Merten, a …
Bitcoin on the Cusp of a ‘Final Correction,’ Predicts Crypto Analyst Michaël van de Poppe – Here Are His Targets
Crypto analyst Michaël van de Poppe says that Bitcoin (BTC) could witness one last steep move to the downside. In a new video, Van de Poppe tells his 162,000 YouTube subscribers that Bitcoin could fall by up to around 10% from current levels for the “final correction.” According to the analyst, long-term Bitcoin bulls should …
What is quantitative easing, and how does it work?
Although there are parallels between some measures taken in the world of cryptocurrencies and the consequences of quantitative easing, it is difficult to directly apply conventional ideas of monetary policy to cryptocurrencies due to their decentralized nature. In contrast to traditional financial systems, the idea of QE does not apply directly to the world of …
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Ripple’s CLO calls SEC’s latest filing “Hypocritical Pivot”
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry. News Join us on social networks Stuart Alderoty, Ripple’s Chief Legal Officer and General Counsel in the SEC v. Ripple Labs case, has characterized the United States …
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China’s economic shift and its implications for crypto
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 …
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One Top Ethereum Rival Could Explode by Over 2,500%, Says Investor Who Predicted the 2022 Crypto Bottom
An investor who accurately called the crypto market bottom in 2022 is expressing bullish sentiment on a leading Ethereum (ETH) competitor. Reacting to an unnamed individual who confessed online to investing a $75,000 bonus in Solana (SOL), Chris Burniske tells his 263,300 followers on the social media platform X that the investment could turn into …
Senators unveil bipartisan blueprint for comprehensive AI regulation
It is expected to be a guide in managing both the potential benefits and risks associated with AI technology. News Join us on social networks Two senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation on Friday, Sep. 8, as Congress intensifies its endeavors to regulate this emerging technology. The plan put forward by …
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Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more
The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project. News Join us on social networks Bold plans for a nonfungible token (NFT)-based restaurant and private members lounge in San Francisco have ended abruptly after the company behind …
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Rep. Tom Emmer sponsors amendment to limit SEC’s crypto oversight
Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are implemented. News Join us on social networks United States Representative Tom Emmer, Majority Whip of the U.S. House of Representatives — who has previously expressed concerns about the U.S. Securities Exchange …
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Banks Suffer $1,555,000,000,000 in Deposit Flight in One Year As JPMorgan Chase and Financial Giants Fight for Wealthy Clients: Report
New numbers on the global banking system are shedding light on just how much money depositors have pulled out of their bank accounts in the last year. According to the latest data from the Federal Reserve of St Louis, US banks have faced $605 billion in deposit flight in a year. And total deposits at …