The price of Bitcoin (BTC) surpassed $47,100 on Jan. 8 amidst expectations of spot Bitcoin ETF approvals over the coming days. Bitcoin was priced at $47,162 at 7:15 p.m. UTC. At the time, its market cap is roughly $918 billion. The latest high represents daily gains for Bitcoin and other top-ten crypto assets. Bitcoin (BTC) …
Continue reading “BTC tops $47k as CNBC predicts Wednesday Bitcoin ETF approval”
Bitcoin developers at Ninjalerts have successfully inscribed the Super Nintendo Entertainment System (SNES) emulator on a Bitcoin satoshi, marking a significant advancement in the capabilities of Bitcoin Ordinals. The project was spearheaded by the team at Ninjalerts and aims to redefine the intersection of art, gaming, and blockchain technology in the form of NFTs — …
Continue reading “Developers Inscribe classic Super Nintendo emulator on Bitcoin via BRC-69”
CleanSpark Inc., the third largest public Bitcoin mining company by hashrate, has agreed to purchase up to 160,000 Bitmain S21 miners, according to a Jan. 8 announcement. The move could propel its hashrate to an impressive 50 EH/s over the coming year, marking a substantial leap from its current 10 EH/s. Bitcoin hit a record …
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VanEck is heating up the competition by seeding its potential spot Bitcoin exchange-traded fund (ETF) with a substantial $72.5 million, according to the amended S-1 form filed on Jan. 8. The move is part of a broader strategy among various asset managers who are vying for the attention of investors through competitive fee structures and …
Continue reading “VanEck buys 1,640 BTC for $72.5M to seed ETF, holdings up over $1M before trading”
Widely followed crypto trader Altcoin Sherpa is warning that the recent strength in digital asset markets is due for a break. The pseudonymous analyst tells his 204,000 followers on the social media platform X that while he remains long-term bullish, the overall trend for altcoins is starting to shift bearish on lower timeframes. He references …
Blockchain analyst Jamie Coutts says regardless of recent hype and rallies, Bitcoin (BTC) is still significantly undervalued. The analyst says on the social media platform X that the anticipation of the approval of a spot Bitcoin exchange-traded fund (ETF) doesn’t completely explain BTC’s positive price performance as of late. Using data from crypto analytics firm …
BlackRock, the largest asset manager in the world, is reportedly anticipating that regulators approve its application for a spot Bitcoin (BTC) exchange-traded fund (ETF) this week. Fox Business reports that BlackRock is expecting the U.S. Securities and Exchange Commission (SEC) to green light its BTC ETF application this Wednesday, January 10th. If approved, the ETF …
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Gary Gensler, the 33rd Chair of the U.S. Securities and Exchange Commission (SEC) is issuing a warning to crypto investors. In a three-part thread on the social media platform X, Gensler offers Americans his thoughts on the crypto space. In his statement, Gensler raises three points, telling investors that crypto institutions may not be in compliance …
Several major crypto exchanges are now asking U.K. users to demonstrate knowledge through questionnaires, according to CNBC on Jan. 5. CNBC said that Coinbase, Crypto.com, and Gemini are among the exchanges requiring this information. Other crypto exchanges, including OKX and Kraken, have also stated that they will require similar information. Exchange users specifically must identify …
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Ethereum co-founder Vitalik Buterin advised investors to diversify and be ”boring” with most of their investment portfolio, triggering a landslide of criticism by users on […] Go to Source
The Solana meme coin mania that erupted in December has plunged into reverse as the platform’s two top tokens by market cap, Bonk (BONK) and […] Go to Source
Blockchain security firm Certik says financial losses related to security incidents in the web3 industry topped over $1.84 billion in 2023. In its annual web3 security report, Certik says there were 751 security incidents last year costing a total of $1,840,879,064, representing a decline of 51% from the $3.7 billion lost in 2022. A larger …
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 “The Coinbase premium is increasing ahead of the ETF”
Prominent digital asset manager Grayscale will slash its management fees to 1.5% from 2% for its proposed spot Bitcoin exchange-traded fund (ETF), according to an updated S3 filing submitted to the U.S. Securities and Exchange Commission on Jan. 8. The asset manager said the fees are payable in the top cryptocurrency. The filing further revealed …
