Monthly archives: February 2024

The Japanese government approved a bill that permits Investment Limited Partnerships to acquire and hold crypto, indicating a shift in the country’s regulatory framework towards digital currencies. The Cabinet sanctioned the bill on Feb. 16. It is part of a broader legislative proposal to enhance Japan’s industrial competitiveness. It includes measures such as tax incentives …

Continue reading “Japan greenlights bill allowing investment firms to hold crypto”

Crypto exchange Binance announced discontinuing trading and subscription services for its leveraged token offerings, including Bitcoin, Ethereum, and its BNB Coin, effective Feb. 28. According to the Feb. 19 statement, the exchange will delist these tokens and halt redemption by April 3. The affected leveraged tokens are BTCUP and BTCDOWN, ETHUP and ETHDOWN, and BNBUP …

Continue reading “Binance discontinues leveraged tokens amid a quiet market share rebound”

Global digital asset investment products saw significant inflows last week, totaling $2.45 billion. The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now standing at $67 billion. The US spot ETF …

Continue reading “Record global inflows into digital asset funds push AuM to $67 billion peak”

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 euphoria phase far off, Coinbase data suggests more growth potential”

Digital assets in the artificial intelligence sector continued their recent surge, increasing by 10%, as Ethereum co-founder Vitalik Buterin stated that the technology could help the blockchain network mitigate its “biggest technical risk.” CryptoSlate’s data show that several tokens in the sector, including SingularityNET’s AGIX, 0x0.ai, Ocean Protocol’s OCEAN, The Graph’s GRT, Fetch.AI’s FET, and others, …

Continue reading “AI tokens jump 10% as Vitalik Buterin explains how AI can enhance security and efficiency on Ethereum”

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 on track for rare six months of consecutive gains”

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 “Despite $7 billion GBTC outflow, Bitcoin ETFs net $4.9 billion since January”

Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH …

Continue reading “Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH”

This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week. Conversely, Astar (ASTR) experienced a decline of 6.4%, …

Continue reading “Worldcoin’s WLD Token Skyrockets 142%, Leading Crypto Market’s Week of Surges”

Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past 24 hours has hovered around $24.74 billion. Ethereum Peering into …

Continue reading “Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes”

Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to strengthening bullish …

Continue reading “Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period  “

The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states and passed in Missouri. Blockchain Basics Act Regulation Reaches Ohio, South Carolina …

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