Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271 million in both short and long positions …
Monthly archives: April 2024
B2BinPay Celebrates One Year of Partnership With Athletic Club
PRESS RELEASE. B2BinPay, a leading provider of cryptocurrency payment solutions, is thrilled to commemorate the one-year anniversary of its partnership with the Athletic Club. As a proud sponsor for the 2023/2024 La Liga season, B2BinPay has been instrumental in supporting the Athletic Club’s journey, contributing to numerous milestones. This collaboration has significantly enhanced the visibility …
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Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice has significantly declined, exerting intense pressure on BTC mining …
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HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow …
Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar
Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can …
Slothana To Airdrop Tokens And Add Liquidity In 24 Hours After $15 Million Bumper Presale
Solana’s hottest new pothead meme coin, Slothana ($SLOTH), has concluded an eye-watering $15 million presale with the announcement of an airdrop in less than 24 […] Go to Source
EigenLayer Token Airdrop Draws Flak For ”Confusing Language” And Excluding US And 29 Other Countries
EigenLayer is allocating 15% of its total EIGEN token supply of 1.67 billion tokens to the community through an airdrop that is drawing mixed reactions. […] Go to Source
Hong Kong Spot Bitcoin And Ethereum ETFs Chalk Up $6.3M In Volume During Debut Morning Session
Hong Kong’s Ethereum and Bitcoin ETFs (exchange-traded funds) recorded over HK$49.4 million ($6.3 million) in trading volume during the morning session of their Apr. 30 […] Go to Source
Approaching Crypto Summer Will Drive Valuations of Two Digital Asset Subsectors To ‘Dumb’ Levels, Says Raoul Pal
Former Goldman Sachs executive Raoul Pal believes two digital asset subsectors could witness absurd valuations when the market hits crypto summer. Pal tells his one million followers on the social media platform X that during the “crypto summer” phase of the current market cycle, altcoin projects related to artificial intelligence (AI) and tokenized real-world assets …
Two Whitelisted Wallets Make Incredible 30,830x on Gains With Base Altcoin: Lookonchain
Two wallets inked staggering 30,830x gains on a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, according to the crypto tracker Lookonchain. Lookonchain notes that two wallets whitelisted by the deployer for the meme asset Brett (BRETT) spent 0.034 ETH worth $102 to buy a combined 172.56 million BRETT in February. Those wallets …
Ethereum and Altcoin Capitulation Approaching Amid ‘One Final Push’: Analyst Benjamin Cowen
A widely followed crypto analyst believes that Ethereum (ETH) and other altcoins are on the verge of a major market correction. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that Ethereum against Bitcoin (ETH/BTC) may be making one final move to the upside before a market capitulation. “In order …
EigenLayer Announces Native Token EIGEN Launch in May
EigenLayer, the restaking protocol that has garnered significant attention and $16 billion worth of staked ether, has unveiled its plan to launch a native token called EIGEN in May. The token will be distributed by the independent non-profit Eigen Foundation, with a total supply of 1.67 billion tokens at launch. TLDR EigenLayer, a restaking protocol, …
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Amboss CEO highlights Lightning Network’s role in enabling efficient Bitcoin transactions
The Lightning Network, a layer-2 solution for Bitcoin, has been touted as a game-changer for the world’s largest digital asset, enabling faster and cheaper transactions. However, despite its potential, widespread adoption has been slow. In the latest episode of the SlateCast, Liam “Akiba” Wright and James Van Straten sat down with Jesse Shrader, the CEO …
Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level
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 …
Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan
Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey DX’s expertise to develop and implement these solutions, in collaboration with SBI Ripple Asia—a …
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