A closely followed crypto strategist believes a red-hot altcoin project has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 206,900 followers on the social media platform X that the native token of modular blockchain Dymension (DYM) could soon revisit higher levels after a retracement. “DYM: closed all of this yesterday, not going to round …
Monthly archives: February 2024
Franklin Templeton files for spot Ethereum ETF, becoming ninth applicant overall
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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Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards
The Korea Financial Intelligence Unit (KoFIU) announced a sweeping plan to enhance supervision of the crypto industry, which includes expelling crypto exchanges that fail to meet stringent operational standards, according to local media reports on Feb. 12. The initiative is part of South Korea’s effort to bolster financial oversight and consumer protection in the fast-evolving …
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million …
Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’
Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about making financial transactions. For Buterin, the issue is not only cryptographical and can be tackled using security questions with friends and colleagues. Ethereum …
Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing rate of 6.25 bitcoins per block to 3.125 …
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Bitcoin Whales Gobble Up About $6,160,000,000 Worth of BTC in Just Three Weeks: Crypto Analyst
A closely followed crypto analyst says that Bitcoin (BTC) whales have scooped up billions of dollars worth of the flagship digital asset in just three weeks. In a new thread, crypto strategist Ali Martinez tells his 44,700 followers on the social media platform X that deep-pocketed Bitcoin investors have gobbled up $6.16 billion worth of …
Michaël van de Poppe Says Altcoins Will ‘Go Higher Than You Imagine,’ Updates Analysis on Ethereum (ETH)
A widely followed crypto analyst says the collective altcoin market cap will rise much higher than most traders expect. Michaël van de Poppe tells his 692,800 followers on the social media platform X that altcoins are going to reach unimaginable new all-time highs. “People are wondering, are altcoins going to break their all-time high? The …
FTX Plans To Sell Digital Custody Inc to CoinList for $500,000 After Acquiring the Firm for $10,000,000
Bankrupt crypto exchange FTX is planning on selling one of its subsidiaries, Digital Custody, Inc. (DCI), to CoinList at a massive discount. New court documents reveal that FTX is going to sell DCI, which it planned to use to provide custodial services for FTX.US and LedgerX customers, to crypto exchange CoinList for just $500,000 after …
Solana’s Upcoming Smartphone Preorders Hit 100,000 in Under a Month, Presale Window About To Close
Solana Mobile’s highly-anticipated and soon-to-drop Saga smartphone has sold 100,000 pre-orders in the last 30 days, according to Solana Labs. According to an announcement from Solana Mobile 2 on the social media platform X, the phone’s current special pre-order price will close in two days. “100,000 preorders in less than 30 days. We’re floored by …
Grayscale Says Ordinals Will Help Keep Miners Afloat
The Bitcoin halving event in April will slash miner revenue in half, but fees from Ordinals activity will help keep Bitcoin miners afloat, Grayscale said. […] Go to Source
Crypto Industry Snubs Super Bowl As Kraken Says Event Doesn’t Have Global Reach
Several leading crypto companies, including crypto exchange Kraken, chose not to run ads during the annual Super Bowl LVIII in the US as they aim […] Go to Source
MicroStrategy Bitcoin Profits Top $3 Billion As Firm Led By Michael Saylor Now Holds More Than 1% Of BTC’s Supply
MicroStrategy, the business intelligence firm founded by Bitcoin bull Michael Saylor, has seen its bet on the leading cryptocurrency payoff as the company’s unrealized profits […] Go to Source
Rabbit Swap Introduces Innovative Cross-Chain Swap Solution
Geneva, Switzerland In the dynamic landscape of cryptocurrency transactions, Rabbit Swap introduces a novel swap approach aimed at enhancing the efficiency and potential benefits of cross-chain swaps for users. At the heart of Rabbit Swap’s strategy is its commitment to managing a vast network of liquidity sources. This approach not only guarantees the most competitive …
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Kraken and Other Crypto Giants Decide Not To Run Super Bowl Ads: Report
US-based digital asset exchange Kraken and other crypto firms reportedly decided not to buy advertising space for the biggest marketing event of the year. Fox Business reports that most major crypto companies decided not to run commercials during the San Francisco 49ers and the Kansas City Chiefs match at the Super Bowl LVIII event on …
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