As the eagerly awaited Bitcoin (BTC) exchange-traded fund (ETF) verdict approaches, excitement and anticipation continue to grow in the cryptocurrency market. According to a report by K33 Research, the upcoming decision, expected between January 8 and January 10, has been a significant factor behind Bitcoin’s positive momentum since October. Institutional demand remains robust, with traditional …
Monthly archives: December 2023
What Is Web3 Technology? Guide: Meaning, Key Projects And How To Invest
The path from the Bitcoin whitepaper to the bustling ecosystem of Web3 technology has been nothing short of revolutionary. In this guide, we trace the evolution of digital currencies as they pave the way for the Web3 frontier—a new internet paradigm underpinned by blockchain technology and decentralized ideals. This guide aims to provide a comprehensive …
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Bitcoin Bullish Fractal Returns: Analyst Predicts Another Leg-Up With Price Target
The recent Bitcoin rally has brought a number of things to the forefront and one of those is a bullish Bitcoin fractal that has not returned in two years. Crypto analyst FieryTrading was the one to point this out in a recent analysis of the leading cryptocurrency as something that could serve as evidence that …
Bitcoin “Supercycle” Began At $15,000: BTC Bulls Targeting $9 Million In 2 Years
According to @RiggsBTC on X, Bitcoin (BTC) is poised for an “unprecedented” surge that could lift it to above $9 million in the next two years. Taking to X on December 6, @RiggsBTC asserted that the current Bitcoin bull run, which began in late 2022 when prices dumped to as low as $15,000, marks the start …
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House Committee passes bill to ‘preserve U.S. leadership’ in blockchain
The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology. News Join us on social networks A United States House Committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary to promote blockchain deployment and thus potentially increase the country’s …
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European Central Bank Says Crypto Assets May Be Acting As Legitimate Story of Value in New Report
The European Central Bank (ECB) says that Bitcoin (BTC) and other digital assets have been playing the role of a store of value for many people around the world. In a new report on the global and local drivers of Bitcoin and crypto, the ECB names three things that are driving the adoption of digital …
Terraform’s Do Kwon mounts last ditch effort to avoid extradition: Report
Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro. News Join us on social networks Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country. In a Dec. 6 report, local state …
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UAE researchers launch blockchain carbon trading platform at COP28
The institute said it adopted a lightweight and efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost. News Join us on social networks An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid efforts from the …
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Global policymakers are still pushing CBDCs despite their failures
From Thailand to the Eastern Caribbean, the CBDC experience has been one of government waste. So why do financial authorities keep pushing them? Opinion Join us on social networks Despite the risks and the failures associated with central bank digital currencies (CBDCs), global policymakers are pushing forward to make them a reality. In November alone, …
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Judge accepts Binance CEO CZ’s guilty plea, with sentencing in Feb
This court “hereby accepts the guilty plea of the defendant to the charge […] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones. News Join us on social networks A federal judge has accepted Binance founder Changpeng “CZ” Zhao’s guilty plea to money laundering but hasn’t decided whether he can leave …
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Solana’s Saga smartphone sales dramatically underperform despite positive reviews
Solana Labs co-founder Anatoly Yakovenko responded to underwhelming sales of his firm’s smartphone in an interview with Unchained Crypto on Dec 5. The firm unveiled its Android smartphone, Saga, in June 2022 and launched the device in 2023. The company aimed to provide users with a device tailored to web3. Specifically, it promised an app …
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Binance CEO Richard Teng refuses to reveal location of company HQ
Binance’s newly appointed CEO, Richard Teng, declined to share the location of his company’s global headquarters with the Financial Times on Dec. 5, continuing its tradition of framing itself as a global company. Teng refused to discuss the firm’s base of operations, stating: “Why do you feel so entitled to those answers … Is there …
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Hong Kong regulator blocks crypto websites over illegal token offerings and false claims
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 …
Google unveils Gemini, its ‘most capable’ AI model to date
On Wednesday, Google unveiled Gemini, its most advanced artificial intelligence system to date, marking a significant milestone in its AI development. Dubbed “our largest and most capable AI model yet” by Google CEO Sundar Pichai, Gemini is designed to understand and operate seamlessly across text, images, audio, video, and other modes of information. “This new …
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Resurgent stablecoin flow into Bitcoin marks possible market shift
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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