Crypto gambling site Stake sees $16M withdrawn in possible hack

Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether. News Join us on social networks Crypto gambling site Stake experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account …

Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON

Bitcoin price is range-bound, but several major altcoins, such as XRP, are showing signs of a potential breakdown. Price Analysis Join us on social networks The United States’ equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) …

Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race

Tharman Shanmugaratnam has served as Singapore’s finance minister and the head of the country’s financial regulator during his time in government. News Join us on social networks Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote. According to multiple …

Bitcoin Could Test $25k After a Rollercoaster Week, SOL, MIOTA, SPAL, Sept. 4

BTC pumps and dumps on Grayscale court win. SOL struggles despite MAKER speculation. MIOTA rallies with traffic patent. SPAL and Klaytn tie-up. BTC  Bitcoin had a rollercoaster week with a $2,000 rally last Tuesday, which was reversed on Thursday, with the coin down 0.80% over the last week. News of a favorable court ruling for …

Crypto veteran VC predicts 10-20x Bitcoin growth fueled by utility surge

Jason Fang, founder of cryptocurrency investment firm Sora Ventures, recently offered unique perspectives on market trends and Bitcoin’s untapped potential, drawn from his firsthand experience across multiple crypto cycles. Fang highlighted how quickly the crypto market can pivot, noting that DeFi and NFT mania went mainstream within two years despite early skepticism. Fang believes Bitcoin …

Bitcoin enters September with diminished market leverage

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$2.8 billion traded in Digital Asset ETPs this week as outflows slow

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 …

Binance-backed BUSD circulating supply drops to less than $3B

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London Stock Exchange to pioneer blockchain-based trading venue for traditional assets

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 …

ARK Invest’s Cathie Wood Says There’s a Convergence Between Bitcoin and Artificial Intelligence

The chief executive and founder of ARK Invest says that artificial intelligence (AI) and Bitcoin (BTC) could converge to heavily reduce costs and boost productivity. Cathie Wood says on the social media platform X that the merging of AI and digital assets could fundamentally change the way that companies run. “The convergence between Bitcoin and …

Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A

Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data. News Join us on social networks Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data. TradeGPT is being touted as an …

Australian lawmakers send back crypto bill by Andrew Bragg

Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it’s now been sent back for amendments. News Join us on social networks Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg. The …

The UK releases key ambitions for global AI summit

The officials in the U.K. released their priorities for the upcoming global AI summit during which they plan to focus on risk and policy. News Join us on social networks The United Kingdom released its five “ambitions” for its global artificial intelligence (AI) safety summit on Sep. 4, with a big focus on risks and …

Bitcoin ETF applications: Who is filing and when the SEC may decide

Despite BlackRock’s application for a Bitcoin spot ETF, its approval remains uncertain, with the SEC favoring another futures-based Ether ETF. Analysis Join us on social networks The race to list the first spot-traded Bitcoin (BTC) exchange-traded fund (ETF) in the United States has seen the entrance of major financial institutions like BlackRock, Fidelity and VanEck.  …

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