After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $7.5 million. This increase is largely due to $4.66 million emanating from the cryptocurrency he holds called TRUMP, which has experienced a significant …
Monthly archives: March 2024
Bitcoin Technical Analysis: BTC Bulls Regain Strength After Recent Pullback
In the last day, bitcoin exhibited a dynamic display, marked by significant fluctuations and upward movements across different periods. Upon hitting a peak at $69,210 per unit on Mar. 5, the cryptocurrency dipped below the $60,000 threshold, only to climb again on Wednesday, positioning itself in the $66,500 to $67,500 bracket. Bitcoin Over the course …
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Alchemy Pay Gains Approval with New Hampshire Money Transmitter License in the USA
Alchemy Pay, the leading fiat-crypto payment gateway, proudly announced another successful Money Transmitter License (MTL) acquisition in the USA, the state of New Hampshire, adding to its existing licenses in Arkansas and Iowa. Alchemy Pay is actively pursuing MTL licenses in additional U.S. jurisdictions as part of its efforts to expand its crypto payment services, …
Altcoin Rallies Incoming for Ethereum (ETH) and One Dogecoin (DOGE) Rival, According to Crypto Trader
A closely followed crypto strategist believes that Ethereum (ETH) is going to keep climbing even after its recent gains. Pseudonymous analyst Inmortal tells his 206,500 followers on the social media platform X that the leading smart contract platform will likely soar to $4,800, a more than 36% gain from its current value. “You don’t need …
Legendary Shiba Inu (SHIB) Trade Goes 628X Since 2021 Before Being Deposited Into Coinbase: Lookonchain
New data from crypto tracker Lookonchain reveals that a 2021 trade involving memecoin Shiba Inu (SHIB) has posted over 600x gains and has moved onto top US-based crypto exchange Coinbase. Lookonchain notes the trader spent 1.51 in Ethereum (ETH), valued at $2,521 at the time of the trade, to buy billions of SHIB, which then …
Billionaire Mark Cuban Says He’s Investing in Bitcoin (BTC) Over Gold ‘All Day Every Day’
Shark Tank star and Dallas Mavericks minority owner Mark Cuban is saying that he prefers Bitcoin (BTC) as an investment over gold. In a new CNBC interview, the business magnate says that from an investment perspective, he views the crypto king as a better option and that he’s choosing BTC over gold “all day, every …
SEC uses insider trading judgment to enhance case against Coinbase, Binance
The US Securities and Exchange Commission (SEC) wants to leverage a decision from an insider trading case to strengthen its lawsuit against several crypto trading platforms, including Coinbase and Binance.US, according to recent court filings. SEC claims ‘insider trading’ case is relevant Last week, the SEC obtained a default judgment against Sameer Ramani, who was …
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STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022
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 …
Bitcoin ETFs are cheap or ‘How unit bias can extend bullish movement’
One of the more underappreciated aspects of the rise of spot Bitcoin ETFs in the US is the renewed perceived affordability of Bitcoin among new investors. While 1 BTC still equals 1 BTC, investors purchasing shares in Bitcoin ETFs like IBIT, ARKB, BRRR, EZBC, and BITB can do so for under $50 per share. While …
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Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million
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Record highs, sharp drops, and rapid recovery trigger $1 billion market liquidation
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Funding rates soared as traders bet big on Bitcoin’s future gains before correction
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Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June
Unlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and Futures Commission (SFC). The commission closed the period for these institutions to introduce their applications to obtain a license on February 29 and will progressively expel the noncompliant exchanges from the Hong Kong market. Hong …
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Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA Approval for Dubai Crypto Operations The crypto lender Nexo received a provisional “Initial Approval [IA]” …
Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February
Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290 million four days after being attacked. Fixedfloat, a cryptocurrency exchange, also lost …
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