Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024. Interview Join us on social networks The COVID-19 pandemic, rampant inflation and regional conflicts directly influenced Bitcoin’s (BTC) drop in value over the past two years. However, 2024 promises to be a …
Continue reading “$100K BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back”
Bitcoin miners’ revenue has reached all-time highs in part due to increased on-chain fees. News Join us on social networks The Bitcoin ecosystem has witnessed a dramatic recovery as the market cap of BRC-20 tokens surpassed $4 billion shortly after their invention in January. According to a Dec. 15 research report by cryptocurrency exchange Bitget …
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Asset manager First Trust has filed for a Bitcoin buffer ETF with the SEC, intending to help investors mitigate risk by targeting downside protection. News Join us on social networks The financial services firm First Trust is the latest company to file for a Bitcoin (BTC) exchange-traded fund (ETF) — but not a spot ETF. …
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OpenAI said the startup fund initiative is an effort to do its part to help push the boundaries of applied AI in essential domains. News Join us on social networks OpenAI has opened applications for the second cohort of its six-week program for artificial intelligence (AI) startups, Converge 2, through which it will invest $1 …
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Decentralized finance (DeFi) project Safemoon’s SFM crashed to an all-time low after the firm behind it filed for bankruptcy on Dec . 14. Attorney Mark Rose filed for a Chapter 7 bankruptcy on behalf of SafeMoon at the United States Bankruptcy Court for the District of Utah. The filing indicates that the firm has 50-99 …
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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 “Powell’s dovish stance aligns with Federal Reserve’s balance sheet increase”
The Solana-based memecoin BONK surged by over 100%, reaching a new all-time high in the past 24 hours. This remarkable ascent contributed more than $1 billion to its market capitalization, per CryptoSlate data. With this surge, BONK now ranks as the third-largest memecoin by market capitalization, trailing only Dogecoin and Shiba Inu. BONK’s market cap …
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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 “KuCoin’s Bitcoin funding rate soars to 22%, suggesting bullish sentiment”
Analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) amid the flagship crypto asset’s modest recovery from near the $40,000 level that was reached earlier this week. Svenson tells his 71,100 YouTube subscribers that Bitcoin is signaling a potential bullish confirmation on the ascending broadening wedges pattern it has formed on the …
Fifty-six percent of survey respondents said that the complexity of implementation is the largest hurdle to launching a crypto solution. News Join us on social networks While a large majority of enterprises are adopting crypto solutions, these institutional players also recognize the challenges of adopting this new technology, according to a new report. Crypto firm …
Continue reading “Crypto under greater focus in 99% of companies: Paxos survey”
Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed “pivot” bets. Markets News Join us on social networks Bitcoin (BTC) may enjoy a familiar tailwind in the coming weeks and even beyond if new macro forces continue to play out. In a post …
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The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. News Join us on social networks Ripple has doubled down on its public support for central bank digital currencies (CBDCs) in a new white paper. The 23-page document was released by the blockchain-based digital payments company on …
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Under the new taxes, Brazilian citizens will pay the state up to 15% of their crypto profits. News Join us on social networks The President of Brazil, Luis Inácio Lula da Silva, has signed a law introducing taxes on crypto assets held abroad by Brazilian citizens. Lula signed the law on Dec. 12, which was …
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At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.” News Join us on social networks Memecoin hopefuls have been snapping Solana’s crypto phone in droves after a recent price hike for Solana memecoin Bonk (BONK), which has risen …
Continue reading “Solana phone sales skyrocket as degens scramble for pumped-up BONK”
The explosion of artificial intelligence this year hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1. News Join us on social networks Over the past year, there’s been no shortage of scientists, tech CEOs, billionaires and lawmakers sounding …
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