Bitcoin’s brief rally to $52,000 has lifted the shares of several US-listed crypto-focused firms. Data from CryptoSlate showed that the flagship digital asset’s price surged more than 6% to as high as $52,021 during the reporting period before retracing just below the psychological resistance as of press time. CryptoSlate Insight reported that this positive price …
Continue reading “Bitcoin rally to $52k lifts US crypto stocks to outsized gains”
Major Bitcoin forks, including Bitcoin Cash (BCH), Bitcoin SV (BSV), and eCash (XEC, formerly Bitcoin Cash ABC), have experienced significant price depreciation against Bitcoin (BTC) since its all-time high in November 2021. BCH declined by 48%, BSV by 42%, and XEC suffered a substantial 71% loss against BTC during this timeframe. Bitcoin Forks (Source: TradingView) …
Continue reading “Bitcoin forks down up to 70% against BTC in since all-time high”
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 whales on the rise as numbers hit three-year high as ETFs join cohort”
The US Treasury Department’s Office of Terrorism & Financial Intelligence (TFI) wants enhanced tools and authorities to combat illicit fund movements facilitated by crypto. TFI Under Secretary Brian Nelson presented this request in a prepared Feb. 14 statement to the House Financial Services Committee. Nelson expressed deep concern regarding the use of virtual assets in …
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 …
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained High Levels of Illiquid Supply’ Bolster Bitcoin’s Price After the U.S. …
Continue reading “Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B”
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 79, denoting “extreme greed” and marking its highest point since 2021. Crypto Fear and Greed Index Score …
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with its price …
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly declined to comment on the matter. Uncertain Times for CZ as He Awaits Sentencing A …
The trader who accurately called the crypto market crash of 2021 thinks Bitcoin (BTC) is primed to head to much higher prices. The pseudonymous crypto analyst known as Dave the Wave shares a chart with his 144,800 followers on the social media platform X that outlines a possible scenario for the top crypto asset by …
A widely followed cryptocurrency analyst says that one Chainlink (LINK) rival has a lot of upside potential even after printing a fresh all-time high (ATH). Pseudonymous trader Altcoin Sherpa tells his 207,100 followers on the social media platform X that data aggregating service Pyth Network (PYTH) is now in the midst of price discovery. Crypto …
The founder and executive chairman of enterprise software firm MicroStrategy says that the demand for Bitcoin (BTC) is outstripping its supply. In a new interview on CNBC Television, BTC firebrand Michael Saylor says that the approval of spot market Bitcoin exchange-traded funds (ETFs) in the US has triggered massive demand for the flagship digital asset. …
Starknet, an Ethereum layer-2 scaling solution utilizing zero-knowledge proofs for low-cost transactions, has revealed that its much-anticipated STRK token airdrop will occur on February 20th. The Starknet Foundation will distribute over 1.8 billion STRK tokens, with nearly 1.3 million wallets across the greater Ethereum ecosystem eligible to partake.] TLDR Starknet is a layer-2 scaling solution …
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 market sees $631 million inflow in one day”
Solana’s SOL has surged past Binance-backed BNB in the last 24 hours, securing its position as the fourth-largest digital asset by market capitalization. Data from CryptoSlate showed that SOL’s market cap is wavering around $50 billion, marking its first foray past this threshold since December. In contrast, BNB’s market cap peaked at $49.2 billion during …
Continue reading “Solana surpasses BNB Chain as fourth-largest digital asset by market cap”
