A decentralized finance (DeFi) project built over smart contract platform Solana (SOL) is gearing up to kick off an airdrop as Coinbase announces support for it. In a new thread on the social media platform X, DeFi protocol Jito (JTO) says it will be launching its first ever airdrop on December 7th, saying that eligible …
Monthly archives: December 2023
Binance founder CZ must stay in US until February sentencing, judge orders
Former Binance CEO Changpeng “CZ” Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February. Breaking news Join us on social networks Binance founder Changpeng “CZ” Zhao must stay in the United States until his February sentencing as he’s unlikely to return to the country if allowed to travel to …
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HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in crypto Boyaa Interactive International, a publicly-traded Hong Kong holding company specializing in online card and board games, wants to secure the approval of its shareholders to invest $100 million in crypto. According to …
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Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Institutional investor interest soars as Bitcoin options open interest hits record high. Market Analysis Join us on social networks Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC …
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Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions. News Join us on social networks Bitcoin life insurance innovator Meanwhile Group has come out with a private credit fund denominated in Bitcoin (BTC). The closed fund will offer investors a “conservative” yield in Bitcoin and lend …
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Helium Price Prediction: HNT Pumps Another 24% On Big Announcement, But The Smart Money Is On This Bitcoin Halving Play That Might 10X
The Helium price has experienced a 22% increase in the last 24 hours to trade at $5.33 as of 7:45 a.m. EST, as its trading […] Go to Source
Bitcoin Price Eyes $50,000 Amid Crypto Bull Run Surge As BTC Cloud Mining Token Bitcoin Minetrix Blasts Past $5M
The Bitcoin price is powering higher to trade above $43,000, its highest level since April 2022, igniting a firestorm of interest in Bitcoin cloud-mining innovator […] Go to Source
New Binance CEO Takes On Jamie Dimon After JPMorgan Chief Says Government Should Shutter Crypto Industry
New Binance CEO Richard Teng challenged Jamie Dimon to consider ”facts” after the JPMorgan CEO said he would close down crypto if he was in […] Go to Source
European Central Bank Working Paper Says Bitcoin, Cryptocurrencies Are A Store Of Value For Many Across The World
A European Central Bank (ECB) working paper said Bitcoin (BTC) and other cryptocurrencies are being used as a store of value for many people globally. […] Go to Source
Ten years ago, Michael Saylor worried Bitcoin might fail at $1k
A decade ago, MicroStrategy CEO Michael Saylor expressed skepticism about Bitcoin, warning about possible regulatory threats. On Dec. 7, 2013, Saylor wrote: “Lacking a credible sponsor, #Bitcoin is in imminent danger of being regulated out of existence.” In the decade since, not only has Bitcoin not been regulated out of existence, but it has thrived, …
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Binance reevaluates MENA strategy, retracts Abu Dhabi fund management bid
The major cryptocurrency exchange Binance withdrew an application for certain operations in Abu Dhabi, according to a recently updated filing. The Abu Dhabi Global Market (ADGM) is the regulator responsible for the request, which took effect on Nov. 15, 2022, and was withdrawn on Nov. 7, 2023. On its website, Binance states that the regulator …
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Sam Altman-backed crypto startup seeking investments for BTC Private Credit Fund
Meanwhile Group has introduced a novel Bitcoin investment vehicle called the Meanwhile BTC Private Credit Fund LP through its subsidiary, Meanwhile Advisors, according to a Dec. 7 press release. The startup is backed by notable investors, including Sam Altman and Gradient Ventures, and raised $20 million in its recent seed funding round. Meanwhile is looking …
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Record 31% of Bitcoin supply dormant for over five years
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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Spot Bitcoin ETFs edge closer to reality as SEC talks hone in on key details
Talks between the U.S. SEC and several asset management firms concerning the approval of spot Bitcoin exchange-traded funds (ETFs) have now delved into advanced technical details, Reuters reported Dec. 7, citing sources familiar with the matter. The sources, who asked not to be named but who have knowledge of the proceedings, told the news organization …
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Binance founder CZ must stay in US until sentencing, judge orders
A federal judge said former Binance CEO Changpeng “CZ” Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing. Breaking news Join us on social networks Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February, …
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