Digital assets manager CoinShares says crypto investment products saw a significant recovery in 2023 as inflows increased by nearly threefold from the preceding year. In its latest Digital Asset Fund Flows report, Coinshares says inflows reached $2.25 billion in 2023, representing a 2.7 times year-on-year increase. Total assets under management (AuM) also rose by 129%, …
Monthly archives: January 2024
VanEck pledges 5% of Bitcoin ETF profits to fund Bitcoin Core development
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 “VanEck pledges 5% of Bitcoin ETF profits to fund Bitcoin Core development”
North Korean attackers crypto theft fall 30% to $600M in 2023
North Korea-affiliated attackers stole around $600 million worth of cryptocurrencies last year, according to blockchain analytical firm TRM Labs. The amount could rise to as much as $700 million if the Dec. 31 hack of Orbit Chain is linked to the country. This represents a 30% decline from the $850 million stolen in 2022 by hackers …
Continue reading “North Korean attackers crypto theft fall 30% to $600M in 2023”
Logan Paul offers $2.3M to buy back CryptoZoo NFTs alongside indemnification against lawsuits
YouTuber Logan Paul has announced a remedial move to reimburse disillusioned investors in his failed CryptoZoo non-fungible token (NFT) game, nearly a year after he pledged redress for the purchasers. In a Jan. 4 post on X (formerly Twitter), Paul revealed the implementation of a “buy back” initiative, backed by his commitment of $2.3 million, …
More Bitcoin ETF updates, SEC calls expected today, but decision next week: Bloomberg, Fox Analysts
The U.S. Securities and Exchange Commission (SEC) is on the verge of potentially approving several spot Bitcoin ETFs, as evidenced by the flurry of recent activities by major financial institutions. As Bloomberg’s James Seyffart highlights, the market eagerly anticipates amendments to 19b-4 filings, which is crucial for approval. These amendments are expected to address issues …
Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana
Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the past day, according to DeFillama data. During the reporting period, DEXs on Arbitrum saw their volume soar to $1.843 billion, surpassing Ethereum’s $1.444 billion and Solana’s $683.59 million. Arbitrum DEX Weekly Volume (Source: DeFillama) This …
Continue reading “Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana”
Bitcoin ETF hype drove futures market to fever pitch before correction
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 “Bitcoin ETF hype drove futures market to fever pitch before correction”
OpenAI to launch GPT Store for AI creators amid copyright licensing talks with publishers
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 …
AI Altcoin That’s Shot Up Over 250% in Under Three Months Angling for New All-Time High, Says Crypto Analyst
A closely followed crypto strategist believes that one artificial intelligence (AI) focused altcoin could soon surge to new all-time highs (ATH). Pseudonymous analyst Rekt Capital tells his 382,100 followers on the social media platform X that Fetch.ai (FET) could remain in an uptrend if it breaks through a key resistance level on the monthly chart. …
Cardano Flashing Bullish Signal, Could Skyrocket Over 70%, Says Coin Bureau’s Guy Turner – But There’s a Catch
A widely followed crypto analyst says that smart contract platform Cardano (ADA) could be gearing up for a massive move to the upside. In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.38 million YouTube subscribers that the Ethereum (ETH) competitor may be printing a bullish pattern that could increase …
Crypto Trader Says Ethereum-Based Altcoin Could Explode by Over 80%, Updates Outlook on Bitcoin and Litecoin
Cryptocurrency trader and strategist Ali Martinez is expressing bullish sentiment on Ethereum’s (ETH) largest liquid staking protocol by market cap. Martinez tells his 39,200 followers on the X social media platform that LidoDAO (LDO) is forming an ascending triangle, which is typically considered bullish, on the weekly chart. According to Martinez, LDO could appreciate by …
Historical trend: market sells on product launches, not on approvals
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 “Historical trend: market sells on product launches, not on approvals”
Central Bank of Nigeria approves cNGN stablecoin to pilot in February amid CBDC woes
The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium to pilot the cNGN stablecoin within its Regulatory Sandbox. This initiative marks a key moment in the evolution of financial developments in the country. The ASC brings together a group of leading financial institutions, fintech innovators, and blockchain specialists, aiming to redefine and …
Celsius to unstake $470M Ethereum amid restructuring efforts, raising market concerns
Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors, according to a Jan. 4 statement on social media platform X (formerly Twitter). Celsius said the planned “significant” unstaking event will occur in the next few days and further revealed that …
Digital asset ETPs record $2.2 billion inflows for 2023, market eyes spot Bitcoin ETF launch
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 …