A crypto analyst who nailed the top of Bitcoin’s (BTC) 2021 bull market says that Ethereum (ETH) is well-positioned to move another leg up after suddenly entering a new trading range. Pseudonymous analyst Pentoshi tells his 706,400 followers on the social media platform X that Ethereum could soar more than 21% from its current value. …
Monthly archives: October 2023
Veteran Trader Tone Vays Says ‘Gorgeous’ Pattern Likely Leading to Bitcoin Breakout – Here’s His Target
Veteran crypto trader Tone Vays says that Bitcoin (BTC) is forming a bullish pattern that could set it up for a significant breakout. In a new strategy session, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could soon soar by about 10% from current prices. Vays says Bitcoin is printing a bullish price …
GAO finds controversial SEC guidance is subject to congressional oversight
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community. News Join us on social networks United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The GAO found that Securities and Exchange Commission (SEC) Staff …
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Bitget, Floki teams accuse each other of manipulation after token listing
The teams for crypto exchange Bitget and Web3 protocol Floki blamed each other for allegedly misleading investors. News Join us on social networks The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according …
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Bitcoin futures data highlight investors’ bullish view, but there’s a catch
The stars are lining up for Bitcoin price, but a few major price threats remain in play. Market Analysis Join us on social networks Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it’s challenging to …
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Project mBridge reveals details of its workings ahead of MVP, commercial debut
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. News Join us on social networks The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions …
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Ripple General Counsel Calls LBRY Lawsuit an Injustice, Urges SEC Commissioner To Speak Out Louder and Sooner
Ripple’s top lawyer is urging U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce to speak out sooner and louder against the regulator’s hostile approach toward the crypto industry. Last week, Peirce released a statement of dissent regarding the SEC’s lawsuit against the blockchain-based file-sharing payment network LBRY, which the regulator filed in 2021 under …
BIS Says ‘Strongly Coordinated’ International Efforts’ Needed To Prevent Stablecoin Regulatory Arbitrage
The Bank for International Settlements says coordinated international efforts are necessary for stablecoin regulation. According to a new BIS release from the organization’s Committee on Payments and Market Infrastructures (CPMI), stablecoin technology offers both new financial opportunities and challenges, but its drawbacks may outweigh the benefits. Says the report, “The use of stablecoins in cross-border payments …
CEO of $76,000,000,000 Asset Manager Says ‘Close to Perfect’ Trade Setup Forming for Bitcoin and Crypto in 2024 – Here’s Why
The CEO of asset management giant Van Eck says that conditions are becoming ultra favorable for crypto as 2024 comes into view. In a new interview on the Empire podcast, Jan van Eck says that Bitcoin has most likely established itself as the main alternative to gold, and is giving bulls the opportunity for a …
Bitget Celebrates the 15th Bitcoin Whitepaper Day With ‘Satoshi’ on the Street and BTC Giveaways
October 31, 2023 – Victoria, Seychelles Bitget, top crypto derivatives and copy trading platform, has announced the start of a series of events and videos at the end of October to celebrate the 15th birthday of the Bitcoin Whitepaper’s release. The event will be hosted on both online and offline venues, including street performances of …
Tether attestation shows cash and cash equivalents of 86% as loans decline
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements. News Join us on social networks The reserves for stablecoin issuer Tether contained approximately 86% cash and cash equivalents as of September 30, according to a new attestation report from accounting firm BDO. This …
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SBF criminal trial moves to closing arguments
Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX. News Join us on social networks The ongoing criminal trial involving FTX founder Sam Bankman-Fried (SBF) will move into closing arguments on November 1. On Day 15 of the SBF trial, lead defense attorney Mark Cohen’s …
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October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community. News Join us on social networks Web3 theft hit a low point for the year so far in October, CertiK reported. Losses to hacks, exploits and scams confirmed by the blockchain security firm …
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NFT projects: Keep your community engaged with these 12 tips
An engaged, loyal community is an essential ingredient in the long-term success of an NFT project. Innovation Circle Join us on social networks The members of a community of any type want to feel like they’re involved, connected and part of something that’s genuinely unique and valuable. That’s certainly true of the communities that support …
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Grayscale’s GBTC paradox: Performance at a discount
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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