Crypto investor Brian Kelly says that Bitcoin’s (BTC) market cap could soar 10x if investors start preferring the king crypto over gold. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he is bullish on Bitcoin for several reasons, including a possible approval of …
Monthly archives: November 2023
Did Binance’s CZ predict his own downfall?
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. Op-Ed Join us on social networks Fiv years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its peers. That’s no mean feat in the cryptocurrency industry, …
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CoinMarketCap rival CoinGecko acquires NFT startup Zash
CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed. News Join us on social networks Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash. CoinGecko plans …
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OpenAI and Microsoft sued over alleged unauthorized use of authors’ work
Julian Sancton, an author and Hollywood reporter, accuses Microsoft of being aware of OpenAI’s indiscriminate internet crawling for copyrighted material. News Join us on social networks OpenAI and Microsoft are facing a lawsuit alleging the improper use of nonfiction authors’ work to train AI models, including OpenAI’s ChatGPT service. Author and reporter Julian Sancton sued …
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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as CEO: reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. News Join us on social networks Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, Richard Teng, took to X (formerly …
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Binance’s market dominance wanes with regulatory woes and futures market shifts
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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Bankrupt Mt. Gox repayment plan seemingly set in motion nearly a decade after hack
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 …
Binance-induced market rout wipes more than $200M from crypto traders
Events of the last 24 hours involving crypto exchange Binance and several U.S. federal agencies, including the Commodity Futures Trading Commission (CFTC) and the Department of Justice, wiped over $200 million from crypto traders who held positions on the market. CryptoSlate’s data showed that the total market cap of digital assets declined by 2.04% to $1.38 …
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Binance hit with $288 million Bitcoin exodus following CEO money laundering plea
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 Altman to return as OpenAI CEO after dramatic board overhaul
OpenAI, the ChatGPT developer, said it “reached an agreement in principle” to reinstate Sam Altman as chief executive following his recent shock departure. The AI company revealed this arrangement on Wednesday, outlining the formation of a new board chaired by former Twitter board Chairman Bret Taylor. The board includes notable figures like former U.S. Treasury …
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Call options dominate as Bitcoin gears up for a massive $3.8 billion options expiry
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Bitcoin Will Never See Below $30,000 Again if This Pattern Holds True, Says On-Chain Analyst Willy Woo
Popular on-chain analyst Willy Woo says that Bitcoin (BTC) will likely never go down below $30,000 if a pattern that has held true since 2012 stays intact. Woo tells his one million followers on the social media platform X that he’s keeping a close watch on Bitcoin’s cost density map. According to Woo, the map …
CZ departure, Binance deal lead to purge of $175M of crypto longs
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours. News Join us on social networks As crypto exchange Binance and the departure of its CEO Changpeng “CZ” Zhao hit the headlines in the last 24 hours, the digital asset space went into a rollercoaster …
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Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023. News Join us on social networks Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email …
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CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’
Former Binance CEO Changpeng Zhao sent a letter to employees after he stepped down, assuring them the company would be fine and quoting a famous Star Trek line. News Join us on social networks Former Binance CEO Changpeng “CZ” Zhao stepped down from the role on Nov. 21 after pleading guilty to violating Anti-Money Laundering …