Binance reportedly eyeing foot in Hong Kong through shared resources with HKVAEX

Binance, the largest cryptocurrency exchange by trading volume, is reportedly backing HKVAEX, a Hong Kong-based cryptocurrency trading platform, to secure a local crypto license in the region, the South China Morning Post (SCMP) reported on Oct. 25. HKVAEX was established in Dec. 2022 as a separate entity but reportedly shared resources with Binance. HKVAEX informed …

Huge one day candle sees Bitcoin pass key Glassnode indicator teasing potential outsized gains

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 …

Bankrupt FTX shifts $10M in assets to Coinbase and Binance

Addresses linked to defunct crypto exchange FTX transferred more than $10 million in digital assets to Coinbase and Binance during the early hours of today, Oct. 25, according to on-chain data. Data from the Arkham Intelligence platform indicates that the assets involved in this transfer encompass 2,904 Ethereum (equivalent to $5.18 million), 1,341 Maker (with …

Bitcoin liquidations total $310 million in the past two days

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 …

Genesis bankruptcy plan revised for orderly wind down and asset liquidation

Crypto lender Genesis Global Capital filed an amended Chapter 11 bankruptcy plan on Wednesday, Oct. 25, to resolve outstanding claims and interests of creditors. The amended plan results from extensive negotiations between Genesis, the Official Committee of Unsecured Creditors, crypto exchange Gemini, and the Ad Hoc Group of Genesis Lenders. While substantial agreement has been …

$10,000 Single Day Rally Now on the Table for Bitcoin (BTC), According to Crypto Strategist

A closely followed analyst believes that an exponential move to the upside is in the cards for Bitcoin (BTC). Pseudonymous analyst Credible Crypto tells his 348,000 followers on the social media platform X that Bitcoin is just “getting warmed up” after rallying to a new 2023 high of $34,606. According to the trader, BTC’s relative …

85% of crypto rug pulls in Q3 didn’t report audits: Hacken

A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken. News Join us on social networks Cryptocurrency rug pulls are not too difficult to spot by investors, as the majority of such scams usually share distinct and visible features, according to a new report. Blockchain security auditor …

IRS extends comments period for new crypto tax rule to mid-November

The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025. News Join us on social networks The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation will last until Nov. 13.  The “Gross …

Crypto market sentiment at highest point since BTC’s $69K all-time high

The Crypto Fear & Greed Index has returned to levels not seen since the peak crypto market rally of November 2021. News Join us on social networks Bitcoin (BTC) market sentiment has returned to levels not seen since its price reached $69,000 in mid-November 2021, according to the Crypto Fear & Greed Index. The index …

Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit

Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws. News Join us on social networks The United States Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has argued in its final bid to dismiss a lawsuit by the securities regulator. …

Top Memecoin Dogecoin (DOGE) Looks Ready To Start a New Uptrend, According to Crypto Trader

A closely followed trader is expressing bullish sentiment on a leading memecoin as the crypto markets come to life. The crypto analyst known as Ali Martinez tells his 31,500 followers on the social media platform X that Dogecoin (DOGE) looks poised to start trending to the upside. According to the analyst, the Tom DeMark (TD) …

No, ARK 21 Shares spot Bitcoin ETF is not listed on DTCC website

Unfortunately for those watching the DTCC site closely for new spot Bitcoin ETF filings, ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not been listed. News Join us on social networks Despite swirling rumors on social media, ARK Invest’s spot Bitcoin (BTC) exchange-traded fund (ETF) does not appear to be listed on the …

Understanding the phenomenon of Base

Base publicly launched its mainnet just over two months ago, and the launch was phenomenal. Despite the bear market, it demonstrated exponential growth in just over two weeks. Now that the hype around Base has cooled down, it is time to examine the state of the network. Let’s explore the key stats of the blockchain’s …

Grayscale ETF ruling comes into effect; Bitcoin experiences 7.6% daily gains

Courts issued a new mandate concerning Grayscale’s spot Bitcoin ETF proposal on Oct. 23, followed by gains across multiple markets. Grayscale aims to convert its GBTC fund to a spot Bitcoin exchange-traded fund (ETF). Courts issued a judgment compelling the U.S. Securities and Exchange Commission (SEC) to review the relevant proposal on Aug. 29. The …

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