Vaklyrie Investments and BitGo have entered into a custodianship agreement, according to an announcement from the latter company on Feb. 1. Mike Belshe, CEO of BitGo, said: “… [Valkyrie] took a new step forward with their newest ETF to help investors around the world get access to Bitcoin. It’s a privilege to be their custodian …
Continue reading “Valkyrie’s spot Bitcoin ETF adds BitGo as a second custodian”
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 “Binance froze $4.2 million of XRP stolen in attack on Ripple co-founder”
Families of Hamas victims have filed a lawsuit against the cryptocurrency exchange Binance in a federal court in Manhattan, alleging that the platform indirectly facilitated financial transactions for Hamas, Bloomberg News reported Feb. 1. The lawsuit accuses Binance of enabling the terrorist organization to bypass sanctions and anti-money laundering laws, thus providing material support to …
A popular crypto trader is outlining three altcoins he thinks could surge higher in price than “older generation” digital assets during the ongoing market cycle. In a new YouTube video, Jason Pizzino tells his 309,000 subscribers that a good guideline for betting on altcoins is to avoid sinking money into projects from previous cycles. “When …
Bitcoin price is attempting a fresh increase from the $42,000 support. BTC could gain bullish momentum if it clears the $43,300 resistance zone. Bitcoin price is attempting a fresh increase above the $42,750 resistance zone. The price is trading above $42,800 and the 100 hourly Simple moving average. There is a short-term rising channel forming …
Continue reading “Bitcoin Price Could See “Liftoff” if It’s Able to Hold One Crucial Level”
According to data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market. In a post on X published earlier today, Ali disclosed that Bitcoin is experiencing a substantial accumulation streak, which has not been seen in nearly three years. …
In a post on X, Arthur Hayes, the co-founder of the derivatives crypto exchange BitMEX, said it might be time for traders to double down on Solana (SOL) and altcoins in general. Hayes’s comments come at a time of heightened volatility in the broader crypto market, with Bitcoin (BTC) struggling to regain its footing and altcoins, …
Continue reading “BitMEX Co-Founder Backs Solana Amidst Fears of Another US Bank Collapse”
Polkadot, the computing platform known for its interoperability and scalability, has shown remarkable growth in key metrics during the latter part of 2023, as outlined in a recent report by Messari. Outpacing Crypto Market Growth According to Messari’s findings, Polkadot’s circulating market cap experienced a remarkable 111% quarter-on-quarter (QoQ) growth, reaching an impressive $8.38 billion. …
On-chain data shows the Bitcoin price has followed a particular pattern when the BitMEX whales have made large withdrawals. Bitcoin Exchange Netflow For BitMEX Has Seen A Red Spike Recently As an analyst in a CryptoQuant Quicktake post pointed out, the cryptocurrency exchange BitMEX has recently observed significant withdrawals from the whales. The indicator of …
Continue reading “BitMEX Whales Buy Bitcoin: What History Says Will Happen Next”
Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press release, the embattled crypto firm announced yesterday that it has successfully emerged from bankruptcy with the intention of paying back its creditors $3 billion worth of crypto assets and fiat …
Options on spot Bitcoin exchange-traded funds (ETFs) may not earn regulatory approval for several months, Reuters reported on Feb. 1. Martin Leinweber, digital asset product strategist for MarketVector Indexes, told Reuters that it may take two to ten months for those options to gain approval. This implies a possible approval date between April and December …
Continue reading “Spot Bitcoin ETF options could be approved as late as December 2024”
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 “US to launch survey on cryptocurrency miners’ energy consumption”
A popular crypto trader thinks one nascent Ethereum (ETH) competitor could be on the cusp of a “considerable expansion upward.” The pseudonymous crypto analyst known as The Flow Horse calls attention to the layer-1 blockchain Sui Network (SUI). The mainnet of Sui Network went live in early May, and the SUI token kicked off trading …
A widely followed crypto analyst is giving traders an update on crypto king Bitcoin (BTC) and taking a look at Polkadot (DOT). Pseudonymous crypto trader Rekt Capital tells his 394,700 followers on the social media platform X that February has brought BTC a new rejection from resistance. “New month New rejection from the macro diagonal resistance.” Source: …
German law enforcement authorities provisionally seized nearly 50,000 Bitcoin (BTC) worth $2.17 billion as part of an investigation into an illegal movie streaming website. According to the Dresden Public Prosecutor’s Office, the investigation involves two men suspected of operating the piracy portal and purchasing Bitcoin using the proceeds of their illicit activities. “The ongoing investigations …
