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 …
Monthly archives: November 2023
PayPal registered to offer crypto services in the UK, with restrictions
Payment giant PayPal has successfully registered with the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the country, according to the regulator’s website. The registration, effective Oct. 31, allows PayPal to undertake certain crypto asset activities with the FCA’s permission. Registered, but restricted Despite PayPal’s registration, the payment processor still faces several …
Continue reading “PayPal registered to offer crypto services in the UK, with restrictions”
Arthur Hayes Issues Warning on US Banking System, Says Bitcoin ‘Loves’ One Possible Outcome of a Bank Crisis
BitMEX co-founder Arthur Hayes says that Bitcoin (BTC) could benefit from a potential crisis in the US banking system. According to Hayes, the “US banking crisis is back” with the Manufacturers and Traders (M&T) Bank being one of the banks likely to face insolvency issues due to high exposure to commercial real estate (CRE) in …
Top Analyst Says a Bitcoin Breakout Could ‘Suck the Life’ out of Altcoins – Here Are His Targets for BTC
A widely followed crypto trader is warning that altcoins face a bearish outlook in the event that Bitcoin (BTC) reaches new local highs. Pseudonymous analyst Bluntz tells his 226,000 followers on the social media platform X that the reason altcoins have performed well is that Bitcoin has traded in a range over the last eight …
Tether issues $610M debt financing to Bitcoin miner Northern Data
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. News Join us on social networks Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. Northern Data AG has secured …
Continue reading “Tether issues $610M debt financing to Bitcoin miner Northern Data”
UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards. News Join us on social networks The United Kingdom announced on Nov. 1 after the conclusion of the first day of its global AI Safety Summit …
Continue reading “UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety”
Ripple’s legal chief questions SEC case losses under Gensler
Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. News Join us on social networks Ripple chief legal officer Stuart Alderoty has expressed reservations about the recent string of legal defeats suffered by the United States Securities and Exchange Commission during Gary …
Continue reading “Ripple’s legal chief questions SEC case losses under Gensler”
New BTC price breakouts see Bitcoin traders confirm targets up to $48K
Bitcoin is attempting to ditch the past week’s trading range, but longer timeframes reveal the potential for much more BTC price upside, predictions show. Markets News Join us on social networks Bitcoin (BTC) has jumped to new 18-month highs, but holding its latest support is now key to avoiding a “breakdown.” BTC/USD 1-week chart. Source: …
Continue reading “New BTC price breakouts see Bitcoin traders confirm targets up to $48K”
Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
Investors will likely see Bitcoin surge even more when a spot Bitcoin ETF is approved, but other factors are needed for the rally to sustain, warn analysts. Interview Join us on social networks While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned …
Continue reading “Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts”
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals
Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners. News Join us on social networks While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for Bitcoin Ordinals, also known as …
Continue reading “Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals”
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. News Join us on social networks The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t stifle its Web3 vision for the region. …
Continue reading “JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary”
SBF Trial Day 16 — Both sides enter closing arguments as jury prepares to deliberate
The Sam Bankman-Fried (SBF) trial reached a head on Nov. 1, with both sides presenting their closing arguments to the jury before it deliberates on a verdict. The prosecution’s closing argument revolved around painting Bankman-Fried as a serial liar driven by greed and who intentionally took customer deposits on fraudulent terms and spent them. Meanwhile, …
Bitcoin Minetrix Presale Soars Past $3 Million Mark As Bitcoin Price Stabilizes Above $34k – Buy In Stage 4 Before It’s Too Late!
Bitcoin has seen a strong recovery with a 107.16% YTD move, and now with BTC finding its feet at a 17-month high above $34,000 – […] Go to Source
SafeMoon Executives Face DOJ Arrests And SEC Charges – SFM Plummets More Than 50%
The US Securities and Exchange Commission (SEC) recently announced charges against SafeMoon, its creator Kyle Nagy, the company’s CEO, John Karony, and CTO, Thomas Smith. The SEC alleges that these individuals orchestrated a “massive fraudulent scheme” involving the unregistered sale of SafeMoon (SFM), a “crypto asset security” as defined by the SEC. Per the complaint, instead …
Continue reading “SafeMoon Executives Face DOJ Arrests And SEC Charges – SFM Plummets More Than 50%”
Cardano: More ADA Delegators Staking, But Why Are Bears Dominant?
Citing Messari data, one user on X, @JaromirTesar, notes that despite the effects of the crypto bear market, which has adversely affected valuation and activity, there are more Cardano (ADA) holders willing to stake their assets, helping secure the network and earn staking rewards at the same time. More Delegators Staking ADA, Confidence Remains High Sharing a …
Continue reading “Cardano: More ADA Delegators Staking, But Why Are Bears Dominant?”