Google parent company Alphabet dumps last of its Robinhood shares

Alphabet Inc., Google‘s parent company, has divested itself of 100% of its holdings in Robinhood Markets, per a Nov. 9 13F-HR filing. The firm reported 0 Class A shares in Robinhood (US:HOOD) as of Sep. 30, 2023, down from 612,214 shares from its previous filing on Aug. 4. Robinhood, known for its commission-free trades and …

Despite 120% YTD growth, Bitcoin’s path may follow historical market corrections

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 …

Here’s a Potential Bitcoin Price Target for Late 2025, According to Crypto Analyst Benjamin Cowen

Closely followed crypto analyst Benjamin Cowen is laying out a potential price target for Bitcoin (BTC) in late 2025 based on historical market cycle patterns. In a new strategy session, Cowen takes a look at logarithmic regression bands, which aim to plot out potential tops and bottoms of market cycles based on diminishing volatility. Cowen …

LINK To Be ‘Universal Gas Token’? Sergey Nazarov Explains Potential for Rapid Chainlink Adoption

Chainlink creator Sergey Nazarov says LINK could be the future universal gas token for the digital asset ecosystem. In a new interview, Nazarov explores the payment abstraction layer (PAL) of Chainlink’s tech stack, which aims to minimize the complexity of paying for its services while allowing oracle networks to get paid in LINK. According to …

Executives Behind Backpack Wallet Gearing Up To Launch New Crypto Exchange That Aims To Protect User Funds: Report

The creators of the Backpack wallet are reportedly gearing up to launch a new crypto exchange with the ethos of properly securing user funds. Trek Labs, a firm led by Backpack wallet creator Armani Ferrante and former FTX general counsel Can Sun, has received a crypto license from the United Arab Emirates’ regulators, the Wall …

Institutional Capital Flows Into Crypto ETPs Cracks $1,000,000,000 Mark for 2023: CoinShares

Digital assets manager CoinShares says institutional crypto products saw heavy inflows across the board last week. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors are upping their allocations to crypto as digital asset investment products see their seventh consecutive week of inflows. “Digital asset investment products saw inflows totaling US $293 …

First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded

Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval. News Join us on social networks The United States Securities and Exchange Commission (SEC) could approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by Nov. 17. Beginning on Nov. 9, …

APEC finance ministers to share perspectives on crypto at meeting in San Francisco

U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries. News Join us on social networks The weeklong Asia-Pacific Economic Cooperation (APEC) summit began on Nov. 11 in San Francisco. The highlight of the event will surely be on the sidelines, …

Why is Solana (SOL) price down today?

Despite a 11.3% correction in just two days, SOL maintains a robust position with healthy derivatives markets and on-chain metrics. Altcoin Watch Join us on social networks Solana’s native token (SOL) experienced a remarkable 58.6% surge in just five days, reaching an $64 high on Nov. 11. However, the subsequent two-day retracement of 11.3% to …

Russian Court Fines Coinbase and Several US Tech Firms for Refusal To Localize Customer Data: Report

The largest US-based crypto exchange is reportedly being ordered to pay a penalty for violating a directive issued by authorities in Russia.  In May, the Roskomnadzor, which is in charge of monitoring Russian mass media, issued a directive obliging foreign companies to localize citizens’ data starting July 1st. According to local business newspaper Vedomosti, a …

DeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditors

The project was previously audited by Trail of Bits and Hats Finance. News Join us on social networks Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week. According to the project’s Nov. 13 post-mortem report, a …

Price analysis 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback. Price Analysis Join us on social networks Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more …

History tells us we’re in for a strong bull market with a hard landing

Consumer debt is at a record high, a fact that will weigh on the market in 2024. Yet, it’s safe to say central banks will keep rewriting the rules to keep the economy at full steam. Opinion Join us on social networks While the United States Federal Reserve decided to hold interest rates at its …

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