A crypto gambling website foresees a high probability that a spot Bitcoin (BTC) exchange-traded fund (ETF) will be approved by mid-January. According to the crypto betting site Polymarket, there are 88% odds that the U.S. Securities and Exchange Commission (SEC) will approve a BTC spot ETF by January 15, 2024. According to a recent report by Reuters, …
Monthly archives: January 2024
SEI climbs 22% to hit new all-time high after lackluster launch
The SEI cryptocurrency, the native token of the Sei blockchain, hit an all-time high of $0.79 this week after an impressive 70% surge over the past seven days. This surge in price is attributed to several key developments and indicators in the Sei ecosystem. Based on CryptoSlate data, the price of SEI stood at $0.75414, …
Continue reading “SEI climbs 22% to hit new all-time high after lackluster launch”
Crypto tax rules now require reporting of transactions over $10K
New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2. According to CoinCenter, those new rules require anyone who receives at least $10,000 in cryptocurrency to report transaction information to the IRS. Required data includes the name, address, and Social Security number (SSN) of the …
Continue reading “Crypto tax rules now require reporting of transactions over $10K”
Spot Bitcoin ETFs could get end-of-week approval, FOX reporters say
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 “Spot Bitcoin ETFs could get end-of-week approval, FOX reporters say”
Bitcoin’s year-end analysis reveals robust growth and resilient investor behavior: CryptoSlate Alpha Snapshot
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 …
Mad Money’s Jim Cramer flips script on Bitcoin, calls it a ‘technological marvel’
Jim Cramer, known for his influential role as the host of CNBC’s “Mad Money,” has completely shifted his stance on Bitcoin (BTC) and now believes it is a “technological marvel.” This change of heart is particularly striking given Cramer’s background as a former Goldman Sachs employee and his staunch criticism of the digital asset in the …
Continue reading “Mad Money’s Jim Cramer flips script on Bitcoin, calls it a ‘technological marvel’”
Grayscale files amended Bitcoin ETF application, omits details of AP and fee structure
Grayscale Investments submitted an amended application for its spot Bitcoin exchange-traded fund (ETF) on Jan. 2, which notably lacks specific details about any Authorized Participant (AP) and the fee structure. The absence has raised questions and drawn attention, particularly from Bloomberg’s senior ETF analyst Eric Balchunas, who highlighted the missing details in Grayscale’s amendment on …
CryptoQuant Unveils Huge Downside Target for Bitcoin (BTC) Following ‘Sell-the-News’ Event This Month
On-chain analytics platform CryptoQuant believes that a deep corrective move is brewing for Bitcoin as the market eagerly anticipates the possible approval of spot-based BTC exchange-traded funds (ETFs). In a research report, CryptoQuant says that the approval of Bitcoin ETFs sometime this month could be a sell-the-news event as BTC investors are now sitting on …
CNBC’s Jim Cramer Flips Bullish on Bitcoin, Says BTC Here To Stay After ‘Remarkable Comeback’
CNBC personality Jim Cramer is suddenly flipping bullish on Bitcoin (BTC) after dismissing the digital asset last year. In a new episode of CNBC’s Squawk on the Street, Cramer says that Bitcoin has a bright future in the finance world, having survived sharp criticism and other challenges. “This thing is, you can’t kill [Bitcoin]. And …
Orbit Bridge in Talks With International Law Enforcement After Suffering Over $81,000,000 Exploit
The decentralized cross-chain protocol Orbit Bridge is in talks with law enforcement agencies after a hacker looted the project for more than $81 million worth of crypto. The hacked project serves as a bridging service for Orbit Chain (ORC), a cross-chain platform focused on scalability. Orbit Chain announced the hack on Sunday, then noted the …
Founder of Crypto Wallet Says He Lost $125,000 Worth of Coins After Falling for Fake Airdrop Scam
The co-founder of a crypto wallet says he has been “devastated” by accidentally clicking on a fake airdrop scam. Nest Wallet co-founder Bill Lou says he recently lost over $123,000 in staked Ethereum (stETH) while trying to participate in an airdrop. On the social media platform X, Lou shares his story, noting that fell victim to …
Major Partners To Join the Upcoming Aleph Zero CTRL+Hack+ZK Hackathon
January 2, 2024 – Zug, Switzerland In collaboration with Telekom MMS – a wholly-owned subsidiary of Deutsche Telekom, Stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography and others – the hybrid event offers different tracks with up to $575,000 in bounties and funding opportunities. The Aleph Zero Foundation, committed to the advancement and adoption of …
Continue reading “Major Partners To Join the Upcoming Aleph Zero CTRL+Hack+ZK Hackathon”
Wallet Thought To Be Owned by Tether Gains $1,330,000,000 in Bitcoin Profits, Now the 10th Largest BTC Address
A wallet believed to be owned by the largest stablecoin issuer Tether is sitting on $1.33 billion in Bitcoin (BTC) profits. Tom Wan, a digital asset strategy associate at 21.co, speculates that a specific wallet could be the home to Tether’s Bitcoin holdings. Wan notes that this specific wallet has only received BTC inflow from …
Long-term Bitcoin holders demonstrate market resilience with a large majority in profit
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 …
Bitcoin’s rise to $45k propels crypto stocks to robust year opening
Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000. According to Yahoo Finance data, leading crypto companies like Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, Hive Digital, Canaan, and Hut 8 witnessed considerable price growth during the early …
Continue reading “Bitcoin’s rise to $45k propels crypto stocks to robust year opening”