Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024....
Month: August 2024
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3,...
US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit
On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five...
Bitcoin Primed To Hit a New All-Time High, Says Crypto Analyst – Here’s His Timeline
A widely followed crypto analyst believes that Bitcoin (BTC) is primed for an explosive breakout that could take it to...
Top Crypto Analyst Who Accurately Predicted 2018 Bitcoin Bottom Says Ethereum Low Is In – Here’s His Outlook
A crypto analyst who nailed Bitcoin’s 2018 bottom six months in advance is turning bullish on Ethereum (ETH). The analyst...
‘Pains Me to Say It’: Large-Cap Memecoin To Keep Bleeding, According to Crypto Trader – Here Are His Targets
Largely followed crypto analyst Altcoin Sherpa is warning that more weakness is ahead for one large-cap memecoin. The pseudonymous trader...
Nasdaq Plans to Offer Bitcoin Index Options Following ETF Success
Leading stock exchange Nasdaq intends to give investors another way to gain exposure to crypto. Nasdaq announced in an Aug....
Long-term holders currently possess more than 14 million BTC
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol....
SEC calls for better data for retail investors but fails to identify oracles like Chainlink are the solution
The US Securities and Exchange Commission (SEC) has highlighted the need for retail investors to gain more timely access to...
BlackRock’s IBIT sees second outflow since launch
Quick Take Farside data shows that Bitcoin ETFs have experienced a third consecutive day of outflows, with a total of...
Layer-1 Platform Radix Cuts Workforce by 15%
The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the...
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be...
Parafi Capital Secures $120 Million for Investing in Crypto Funds
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto...
South African Fintech Firm Raises $7.5 Million to Expand Financial Inclusion
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of...
JPMorgan Executive Sees Big Future for India’s CBDC Initiative
Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in...