While still recording some profits, the Bitcoin price shows signs of exhaustion, at least on low timeframes. When zooming out, recent data shows the massive rally experienced by cryptocurrencies over the past few months and the sector’s potential for additional gains. As of this writing, the Bitcoin price trades at $34,800 with sideways price action …
Continue reading “Bitcoin Price Climbs 93% Outshining Legacy Sector In Market Upturn”
The XRP price is still in an incredibly bullish position despite the recent pullback and the general sentiment in the community matches this bullishness. One crypto analyst explains the current trend as the altcoin having entered what is referred to as a “markup phase.” XRP Price Leaves Accumulation To Markup Phase Crypto analyst and trade …
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Solana (SOL) has garnered significant attention in the cryptocurrency market, surpassing its peers with an impressive 79% upward trend over the past 30 days. As its price continues to soar, inquiries have arisen regarding the reaction of the Solana ecosystem to this surge. About this subject, the Jarvis Labs team has offered intriguing insights into …
Continue reading “SOL Price Reaches $41, But What’s Happening In Solana Ecosystem?”
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out. News Join us on social networks USD Coin (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to Bloomberg. A Nov. 7 Bloomberg report citing people with knowledge of …
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The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF. News Join us on social networks A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients following the potential United States approval of spot Bitcoin (BTC) …
Continue reading “Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs”
The largest US dollar-pegged stablecoin by market cap is surging to new heights as talk of crypto regulation in the US ramps up. Earlier today, Tether (USDT) reached an all-time high market cap of over $85.9 billion, helping to retain its spot as the largest stablecoin on the market, ahead of Circle’s USDC and MakerDAO’s …
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks. News Join us on social networks Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud. …
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Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of its stablecoin. News Join us on social networks The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed. In …
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A founder who attended Yuga Labs’ recent Ape Fest in Hong Kong has sent legal notice to the company after suffering eye damage related to the event. Asif Kamal, founder of the art-tech and NFT company Artfi, said that he fell ill to a “widespread eye infection outbreak” during the Bored Apes Yacht Club-themed event, …
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Continue reading “Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs”
IBM has recently launched a $500 million venture fund dedicated to enterprise AI. The fund, according to a press release, aims to boost innovation and produce returns by investing in startups that accelerate generative AI technology and research for businesses. Managed by a group of seasoned investors and AI specialists from IBM, the IBM Enterprise …
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Continue reading “Half of CFTC’s enforcement cases in the last year involved digital assets”
The acting chief of the U.S. Office of the Comptroller of the Currency (OCC), Michael Hsu, said he is optimistic about the transformative potential of tokenization but continues to be wary of the crypto due to high levels of risk. Hsu made the statement during a talk at the DC Fintech Week in Washington on …
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Continue reading “Ava Labs lays off 12% of staff to reallocate resources”
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 …
Continue reading “Gemini to limit crypto transfers in the UK to TRUST companies”
