A crypto strategist who nailed Bitcoin’s (BTC) 2018 bear market price floor says he’s looking at one memecoin to generate massive returns this cycle. Pseudonymous analyst Bluntz tells his 240,900 followers on the social media platform X that the Solana (SOL)-based memecoin dogwifhat (WIF) is his “highest conviction” trade this cycle. The trader shares a …
Monthly archives: February 2024
Webull ended crypto offerings due to SEC opposition during past IPO attempts
Online brokerage Webull decided to cut its crypto offerings because of the unfavorable regulatory landscape in the US as it waits for approval to list on Nasdaq via a special purpose acquisition company (SPAC), Bloomberg News reported on Feb. 28. The company said that its previous attempt to carry out an initial public offering (IPO) …
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Gemini agrees to return $1.1 billion to Earn customers as part of NYDFS settlement
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
Apple teases generative AI plans, hints at user devices playing a role
Apple hinted at upcoming plans involving generative artificial intelligence (AI) during its latest shareholder meeting, according to a report from CNBC on Feb. 28. Cook said during the call: “Later this year, I look forward to sharing with you the ways we will break new ground in generative AI, another technology we believe can redefine …
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Alvara’s ERC-7621 token standard promises a robust framework for crypto indexes
Crypto index and basket protocols aim to allow users to gain exposure to a group of assets through a single token. On the latest episode of CryptoSlate’s SlateCast podcast, host Liam “Akiba” Wright and CEO Nate Whitehill spoke to Alvara Protocol co-founder Dominic Ryder about his project’s goal of creating an open standard for crypto …
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The Bitcoin market faces a critical moment amid soaring unrealized profits
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
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Ark Invest and 21Shares enhance Bitcoin ETF transparency with Chainlink integration
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
Binance drops Nigerian naira from P2P platform amid forex manipulation concerns
Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer platform, according to CryptoSlate sources. Meanwhile, the Financial Times reported that two Binance executives have been detained in the country, with their passports seized. The Binance employees had traveled to Nigeria to resolve the country’s ban on …
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Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
The crypto exchange based in San Francisco, Kraken, has unveiled its latest offering, Kraken Institutional, a digital currency suite designed expressly for high-net-worth firms and institutional investors. Deep Liquidity and Low-Latency Trading: Kraken Institutional’s Promise to Elite Clients This new crypto service, Kraken Institutional, introduced by Tim Ogilvie, the global head of the business division, …
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have …
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post Impressive Gains Amidst Crypto Upswing As of 2 …
Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000
On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to …
Sergey Nazarov Says Bitcoin ETFs ‘Just The Beginning’ Before Banks Launch Massive Tokenization Campaign
Chainlink (LINK) creator Sergey Nazarov says the recent launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) is a “watershed moment” for the industry as it could mark the beginning of a massive influx of capital from global finance. In a new interview on Bloomberg Television, Nazarov says the “net new buyers” of the current crypto …
Ankr’s End-to-End Rollup-as-a-Service Offers Full Support of Modular Blockchain Era
February 28, 2024 – San Francisco, California Ankr, a pioneer in Web 3.0 infrastructure known for its innovations like AppChains and liquid staking, today announced it is expanding the availability and capabilities of its full circle RaaS (rollup-as-a-service) solution for developers and enterprises. Ankr offers the ability to build a stack with the best partners …
$638,300,000 in Liquidations Rock Crypto Markets As Bitcoin’s Relentless Rally Reaches New Heights
Hundreds of millions of dollars worth of liquidations are hitting the crypto markets as Bitcoin (BTC) touches the $64,000 level for the first time since late 2021. New data from market intelligence platform Coinglass reveals that during the last 24 hours, traders saw over $638 million worth of liquidations – the majority of them being …