PRESS RELEASE. LBank Labs, a key player in the Web3 space, managing a $100 million fund that transcends specific protocols and exchanges, has joined the group of investors in Hivello, which simplifies DePin nodes for the masses. Hivello aggregates multiple DePin nodes into a single Web 2 console, allowing anyone to install it to earn …
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The chief strategy officer of market intelligence platform CoinShares says that the narrative centered around Ethereum (ETH) has been hampered amid the rise of alternative layer-1 blockchains. In a new interview on the Crypto Banter YouTube channel, CoinShares CSO Meltem Demirors says that crypto newcomers are still more likely to choose Bitcoin (BTC) over Ethereum …
Veteran trader Dave the Wave says Bitcoin (BTC) is at a turning point where it may either ignite a parabolic impulse to the upside or finally see a significant correction. The pseudonymous analyst tells his 145,000 followers on the social media platform X that Bitcoin is potentially making a break for $65,000, but could drop …
Shares of Coinbase (COIN) rallied at the end of the week after the crypto exchange released its fourth-quarter results for 2023. Coinbase’s earnings report revealed the exchange posted its first profitable quarter in over two years, with a net income of $273 million, or $1.04 a share. Speaking with Bloomberg, Owen Lau, an analyst at …
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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Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank, Carbon, has reportedly acquired the fintech firm Vella Finance for an undisclosed amount. …
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A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor …
In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. Texas’ Denton Municipal Electric in Talks With Unnamed Crypto Miners On Feb. 16, the Denton Record …
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A top trader who rode last year’s crypto breakout believes that Bitcoin (BTC) will witness a corrective move if it hits a critical price level. In a new strategy session, pseudonymous analyst DonAlt tells his 57,000 YouTube subscribers that Bitcoin is closing in on a strong resistance area. DonAlt says he expects BTC to witness …
FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb. 17. The case quoted Caroline Ellison, former CEO of Alameda Research, as stating: “Alameda could create USDT on credit through the unofficial Deltec Line of Credit and sell that USDT for …
The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish prediction for the cryptocurrency’s price. The financial advisor believes that …
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Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than …
Continue reading “Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $1,200”
Barstool Sports kingpin Dave Portnoy is experiencing a serious case of crypto regret, wishing that he hadn’t sold his bitcoin. He also wishes that his company, Barstool, had invested $10 million in the crypto. “I’m so mad at myself about bitcoin. I should be up like 75% in bitcoin,” he stressed. However, Portnoy revealed to …
Two artificial intelligence (AI)-focused altcoins are surging as AI research firm OpenAI rolls out its new text-to-video project. In a new thread, tech giant OpenAI announces the launch of Sora, a new model that can generate detailed high-definition videos based on text prompts. “Introducing Sora, our text-to-video model. Sora can create videos of up to …
A few outliers continue to break through the bearish attitudes looming over the crypto horizon of late. UNI is one of those tokens, with an impressive jump of over 12% in the past 24 hours, investors have flocked to this altcoin in search of a bullish continuation. The first quarter of this year brings a …
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