Crypto trader Ali Martinez says the second-largest memecoin by market cap could rally based on the readings of one indicator. Martinez tells his 31,600 followers on the social media platform X that the Tom Demark (TD) Sequential indicator is signaling a potential long opportunity for Shiba Inu (SHIB) on the weekly chart. The TD Sequential …
Monthly archives: October 2023
UK passes bill to enable authorities to seize Bitcoin used for crime
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. News Join us on social networks Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like Bitcoin (BTC) if used for illicit purposes. According to official data on …
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Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH. News Join us on social networks Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC miner, the Antminer T21. Bitmain …
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How Google’s AI legal protections can change art and copyright protections
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users. Analysis Join us on social networks Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer. Amid the ever-intensifying debate, Google has not only …
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Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. News Join us on social networks United States Securities and Exchange Commission (SEC) Chair Gary Gensler’s speech at the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions amounting to $5 billion in …
US-Regulated Spot Bitcoin ETF To Trigger BTC Surge Over $46,840, Says Galaxy Digital – Here’s the Timeline
Crypto financial services firm Galaxy Digital is bullish on Bitcoin (BTC) if and when the U.S. Securities and Exchange Commission (SEC) approves a spot BTC exchange-traded fund (ETF). According to Galaxy Digital’s research associate Charles Yu, the “approval for a US-regulated spot Bitcoin ETF will be one of the most impactful catalysts for the adoption …
Circle launches ‘points-to-crypto’ program with Taiwan convenience store chain
The United States-based stablecoin issuer Circle reports a partnership with Taiwan’s second-largest convenience store chain, FamilyMart and a local crypto exchange, BitoGroup. News Join us on social networks The United States-based stablecoin issuer Circle has reported a partnership with Taiwan’s second-largest convenience store chain, FamilyMart, and a local crypto exchange, BitoGroup. According to the company’s press …
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Meta faces legal scrutiny as AI advancements raise concerns over child safety
Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI. News Join us on social networks A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes …
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JPM Coin handles over $1B in daily transactions — JPMorgan exec
The volume represents a massive surge since the latest update in June, with the company saying that $300 million was transacted in the three years since JPM Coin’s launch. News Join us on social networks Takis Georgakopoulos, the global head of payments at JPMorgan, has revealed that the company processes over $1 billion in daily transactions …
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Bitcoin price model expects $45K ‘phase’ to hit in November
Bitcoin remains on track to deliver “possible” further gains of up to 30% versus current BTC price levels, says CryptoCon. Markets News Join us on social networks Bitcoin (BTC) is on track to hit $45,000 in November as part of a classic BTC price cycle, popular analyst CryptoCon said. In an X thread on Oct. …
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Gensler remarks ‘don’t get me started on crypto’ reaffirming most digital assets are securities
In his recent talk before the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler offered a stark warning to the burgeoning crypto asset securities markets, captured in his terse comment, “Don’t get me started on crypto.” This assertive remark highlights the SEC’s ongoing concerns about compliance and accountability within the rapidly expanding crypto industry and …
Digital asset market cap surges by $250 billion in October as tech stocks plummet
Quick Take The ‘Magnificent 7’, a moniker for the top 7 tech stocks – Apple, Tesla, Nvidia, Amazon, Meta, Google, Microsoft – have been a beacon of robust performance with impressive year-to-date gains. Nvidia, leading the pack, surged with a rise of 191%, followed by Meta at 140% and Tesla at 79%. The remaining titans, …
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SBF testimony will detail FTX operations and the role of lawyers
Sam Bankman-Fried’s (SBF) legal team said his testimony would center on his understanding of industry practices and the transfer of FTX assets to Bahamian authorities following the company’s collapse last year. SBF’s testimony will also shed light on his understanding of whether legal professionals played a role in various aspects of FTX’s operations and his …
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Rising Bitcoin and unstable Yen means BOJ faces stiff decisions
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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BitMEX Founder Arthur Hayes Says This Catalyst Will Push Bitcoin and Crypto Into a ‘Full Swing’ Bull Market
BitMEX co-founder Arthur Hayes says one catalyst will push Bitcoin (BTC) and crypto into a “full swing” bull market – and it’s not the approval of a spot BTC exchange-traded fund (ETF). In a new blog post, Hayes expresses his opinion that United States President Joe Biden is committing the US to another open-ended conflict …