Analyst Reveals Why Ethereum Is Underperforming Against Bitcoin

Ethereum has been notably underperforming Bitcoin through this latest rally. Here’s why this is so, according to a CryptoQuant analyst. Ethereum Net Taker Volume Has Been Mostly Negative Recently In a new post on X, CryptoQuant Netherlands community manager Maartunn has pointed out what the “net taker volume” for Ethereum is looking like. The net …

Bitcoin Ends October On A High Note, What To Expect For BTC Price In November

The month of October just drew to a close and Bitcoin and the rest of the crypto market has ushered in the new month of November. With October proving to be an incredibly bullish month for Bitcoin with a green monthly close, eyes are now on the new month and what possibilities it could hold …

BNB Chain Q3 Revenue Takes A Hit: Fees Plummet By 40%

In a recent report by Messari, the analysis sheds light on the developments and challenges faced by Binance Chain (BNB), the blockchain created by Binance, the world’s largest cryptocurrency exchange regarding trading volume.  The report highlights the separation of BNB Chain from Binance and various events and allegations that have impacted Binance and its associated …

Solana gains 80% in a month as Firedancer goes live on testnet

Solana’s scaling solution Firedancer is seen as a long-term solution to the blockchain’s once-frequent outages. News Join us on social networks Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer. SOL reached over $41 on …

Top Analyst Predicts Breakout Rally for XRP, Updates Outlook on Solana and Ethereum-Based Altcoin

A crypto strategist who accurately called the top of Bitcoin’s (BTC) 2021 bull market is expecting another leg up for XRP. Pseudonymous analyst Pentoshi tells his 706,900 followers on the social media platform X that XRP looks bullish after taking out a key resistance level at $0.548. “XRP fans. A breakout above $0.548 should lead …

Prosecutors Say Sam Bankman-Fried Is ‘Guilty Beyond Reasonable Doubt’ in Closing Statements

The prosecutors in the FTX fraud trial say that disgraced Sam Bankman-Fried is guilty beyond reasonable doubt following his testimony in court. In new court transcripts reported by Inner City Press, Assistant Attorney of the United States Nicolas Roos addresses the jury and argues that Bankman-Fried is guilty on every single one of his charges. …

MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge

Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter. News Join us on social networks Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds. The Michael Saylor-founded firm …

Bitcoin beyond 35K for Christmas? Thank Jerome Powell if it happens

Led by Chairman Jerome Powell, the Federal Reserve has halted the rise of interest rates. Will it be enough to fuel the surging market through Christmas? Opinion Join us on social networks Historically, a Santa rally happens in the weeks leading up to Christmas when a collective sense of goodwill bleeds into equity markets. This …

Breaking: Some Multichain transactions are confirmed as queue unwinds

Prior to November 1, the last transactions has taken place more than 117 days ago, according to Multichain’s explorer tool. News Join us on social networks Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain’s explorer tool. Blockchain …

MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

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 …

Bitcoin arrives on Cosmos with Nomic nBTC upgrade

An upgrade that brings Bitcoin (BTC) into the Cosmos ecosystem has been completed,  according to various announcements on Oct. 31. Cosmos announced in a tweet that its Inter-Blockchain Communication Protocol (IBC) can now transfer nBTC — a token that represents 1:1 ownership of Bitcoin. Cosmos said that another group, Nomic, made this possible as it …

Solana Labs unveils GameShift, a web3 suite for game developers

Solana Labs announced the beta launch of GameShift, its Web3 service for game developers, in a press release published on Oct. 31. Davis Hart, Product Lead for GameShift, said: “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a Web2-friendly …

deBridge launches IaaS solution for cross-chain communication between Ethereum and Solana

Web3 interoperability layer deBridge has launched an Infrastructure as a Service (IaaS) turnkey solution that offers a subscription-based interoperability service to facilitate cross-chain movements on Ethereum (ETH) and Solana (SOL) Virtual Machines, according to a Nov. 1 statement shared with CryptoSlate. The newly launched IaaS is designed to tackle key challenges hampering interoperability between the …

SafeMoon and executives charged by SEC, DOJ in alleged $200M fraud

The SEC and DOJ both filed charges against the controversial cryptocurrency project SafeMoon and related individuals on Nov. 1. The U.S. Securities and Exchange Commission (SEC) alleged that the company and its members carried out a fraudulent scheme by selling the SafeMoon (SFM) cryptocurrency. The regulator also described SFM as a security asset in its …

Turkey tightening crypto regulation to improve standing with FATF

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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