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Monthly archives: October 2023
Bitcoin vs. Gold: Mapping current trends onto historical data
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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SBF’s defense claims FTX had no fiduciary relationship with customers on technicality
Sam Bankman-Fried‘s defense team has filed a request to include jury instructions that ask the jury to consider the influence of English law on FTX’s terms of service. In an unusual request, Bankman-Fried’s legal team has asked the court to reject the idea that FTX and its customers technically had any fiduciary relationship on the …
Tether Q3 attestation report reveals highest-ever levels of cash and cash equivalents
Tether Holdings Limited, the company behind the world’s largest stablecoin (USD Tether), has released its Q3 attestation, a financial report independently verified by BDO, a globally recognized accounting firm. The report attests to significant shifts in the firm’s financial portfolio, including a surge in its cash and cash equivalent (C&Ceq) reserves to 85.7% of total reserves, …
Bankrupt FTX moves $156M worth of assets including Ethereum and Solana
Blockchain analytics firm Nansen reported that wallets connected to bankrupt FTX have moved up to $156 million worth of digital assets, including Ethereum (ETH) and Solana (SOL), in several transactions over the past week. Unstakes Solana In an Oct. 31 post on X (formerly Twitter), Nansen reported that FTX began unstaking 1.6 mill SOL tokens, …
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European economy on the brink of recession as Q3 GDP contracts by 0.1%
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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Sam Bankman-Fried Says He Made ”Small” And ”Large” Mistakes, Only Called Some Of The Shots As FTX CEO
FTX founder Sam Bankman-Fried said he made “small” and “large” mistakes and that he had only called some of the shots as CEO of the […] Go to Source
Crypto Weekly Inflows At Highest Since July 2022 As Spot Bitcoin ETF Frenzy Boosts Sentiment
Crypto investment products recorded their biggest weekly inflows since July 2022 as market sentiment rose on the prospect of spot Bitcoin ETF (exchange-traded fund) approvals. […] Go to Source
Contrarian Indicator Suggesting Bitcoin (BTC) Ready for Large Correction, According to Analyst Benjamin Cowen
A widely followed crypto analyst says that one indicator could mean a Bitcoin (BTC) correction is coming soon. In a new strategy session, crypto trader Benjamin Cowen tells his 788,000 YouTube subscribers that BTC flashed a golden cross, which has signaled an imminent price decline in the past. A golden cross, which is generally viewed …
‘Sodl’ too soon: US gov’t missed Bitcoin gains now total $6B
The second-biggest BTC “investor” in the world after Satoshi Nakamoto is staring down 10-figure losses. Markets News Join us on social networks Bitcoin (BTC) worth over $7.2 billion is still controlled by the United States government — but its losses are mounting. Data from on-chain analytics firm Glassnode shows that Washington’s seized bitcoins total 210,429 …
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SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers. News Join us on social networks Sam “SBF” Bankman-Fried, the founder of cryptocurrency exchange FTX, claims that spending clients’ fiat deposits was just part of “risk management” for his intertwined crypto hedge fund Alameda Research. During the former crypto …
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Ethereum layer 2’s will continue to have diverse approaches to scaling — Vitalik Buterin
Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain. News Join us on social networks The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin. The co-founder of the smart contract blockchain unpacked the current landscape …
Siemens and Microsoft partner to push AI adoption in industrial sectors
Microsoft and Siemens revealed a new generative AI assistant catering to professionals in the manufacturing, healthcare, transportation and infrastructure industries. News Join us on social networks German technology company Siemens has partnered with Microsoft and announced its new generative artificial intelligence (AI)-powered assistant, the Siemens Industrial Copilot. On Oct. 31, the companies revealed the AI …
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Ex-Goldman Sachs Executive Sees ‘Rocket Ship’ Solana (SOL) Chart in the Works Ahead of One Bullish Catalyst
Former Goldman Sachs executive Raoul Pal says Solana (SOL) is starting to look like a rocket ship on the charts as it gears up for big developments. In a new interview with Scott Melker, Pal touches on Firedancer, a new validator client for the Solana chain which is being developed by trading giant Jump Crypto. …
Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year. Market Analysis Join us on social networks Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023. Warren Buffett’s “crypto bet” …
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