SkyBridge Capital CEO Anthony Scaramucci is predicting the crypto king Bitcoin (BTC) will reach new all-time highs by this time next year. In a new interview with CNBC, Scaramucci says Bitcoin will eventually pass its all-time high of $69,000. When asked how the possibility of a BTC exchange-traded fund (ETF) could affect Bitcoin’s future price, Scaramucci responds: …
Monthly archives: December 2023
Coinbase’s Ethereum Layer-2 Solution’s Total Value Locked Hits New All-Time High, Reaches $742,000,000
The total value locked (TVL) in Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution, has hit a new all-time high, reaching nearly $750 million. New data from layer-2 blockchain tracker L2Beat reveals that the TVL of Base is hovering at $742 million at time of writing, a new record high and an exponential rise since July …
Crypto Billionaire Barry Silbert Steps Down As Grayscale Chairman of The Board
Billionaire and early crypto entrepreneur Barry Silbert is resigning from crypto asset manager Grayscale’s board of directors as of New Year’s Day 2024. Silbert, head of Grayscale’s parent company Digital Currency Group (DGC), will give his chair to DCG’s chief financial officer (CFO) Mark Shifke, according to a new filing with the U.S. Securities and Exchange …
Continue reading “Crypto Billionaire Barry Silbert Steps Down As Grayscale Chairman of The Board”
U.S. SEC Asks Firms Applying for Spot Bitcoin ETFs To Complete Last-Minute Corrections Before New Year: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly asking firms that have bid to create Bitcoin (BTC) exchange-traded funds (ETFs) to complete last-minute corrections before the start of 2024. According to a new report by Reuters, anonymous sources familiar with the matter say the regulatory agency met with representatives of companies that applied to …
Tether mints $1B new non-circulating USDT to ‘replenish inventory’
Tether, a major stablecoin issuer, has minted an additional $1 billion of its USDT stablecoin on the Ethereum blockchain. This move is said to “replenish” its inventory in anticipation of a surge in demand. The minting occurred on Dec. 25 and was first reported by Whale Alert on social media. The mint was confirmed by Tether …
Continue reading “Tether mints $1B new non-circulating USDT to ‘replenish inventory’”
Solana’s holiday spirits high as it enjoys a booming December
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 “Solana’s holiday spirits high as it enjoys a booming December”
Grayscale filing reveals board reshuffle as Barry Silbert exits
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 “Grayscale filing reveals board reshuffle as Barry Silbert exits”
Telcoin’s mobile app hack tanks TEL coin value by 35%
Cryptocurrency project Telcoin has confirmed that a recent security breach impacted its mobile application, leading to a drop of more than 35% in the value of its native TEL coin within the past day. The incident was first reported on Dec. 25, and the company promptly halted its mobile application usage pending an investigation. In …
Continue reading “Telcoin’s mobile app hack tanks TEL coin value by 35%”
Analyst Says Red-Hot Ethereum Rival ‘Hyper Bullish’ Going Into 2024, Updates Forecast on Two Other Altcoins
A closely followed crypto strategist believes that one Ethereum (ETH) rival that’s up more than 11x this year will witness more gains in 2024. Pseudonymous analyst Altcoin Sherpa tells his 202,400 followers on the social media platform X that he’s looking at the chart of Solana (SOL) against Ethereum (SOL/ETH). According to the crypto strategist, …
Macro Guru Raoul Pal Predicts Ethereum Will Massively Outperform Bitcoin, Says ETH’s ‘Big Surprise’ Coming
Former Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) is poised to outperform Bitcoin (BTC) over the coming weeks and months as investors move their capital within the crypto markets to generate more gains. Pal tells the 21,300 subscribers of his YouTube channel that Ethereum will “massively outperform” Bitcoin just like how lower-rated junk …
Trader Warns Blue-Chip Ethereum Rival Flashing Bearish Signal, Says Metaverse Altcoin Gearing Up for Upswings
Crypto analyst and trader Ali Martinez is warning that one Ethereum (ETH) rival is suddenly flashing a bearish signal. Martinez tells his 37,500 followers on the social media platform X that interoperability blockchain Polkadot (DOT) could decline by more than 20% from its current value. According to the trader, the Tom DeMark (TD) Sequential indicator, …
Mt. Gox begins repaying creditors, but some report receiving double payouts
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 “Mt. Gox begins repaying creditors, but some report receiving double payouts”
Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M
The crypto market faced significant liquidations of nearly $170 million post-Christmas, triggered by a slight decline in the values of major cryptocurrencies. Data from CryptoSlate indicates that the largest cryptocurrency by market capitalization, Bitcoin, declined 1.18% to $42,639, reminiscent of its run in the previous week. Similarly, Ethereum and other large-cap alternative cryptocurrencies like Tron, Avalanche, …
Continue reading “Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M”
Top Analyst Issues Bitcoin and Ethereum Warning, Says Both Crypto Assets Look Worrisome – Here’s His Outlook
A top crypto strategist says that a significant correction may be brewing for both Bitcoin (BTC) and Ethereum (ETH). Pseudonymous trader Bluntz tells his 233,200 followers on the social media platform X that BTC and ETH appear to be in the midst of an ABC corrective pattern. Bluntz is a popular practitioner of the Elliott …
Analyst Says This ‘Incredibly Undervalued’ Ethereum Rival Is a Contender for Top 10 Largest Crypto Assets List
A closely followed crypto strategist thinks that one Ethereum (ETH) rival that’s flying under the radar will see a big spike in market capitalization. Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the smart contract platform Near (NEAR) is currently trading below its fair value. According to …