One low-cap layer-1 altcoin that recently rebranded itself is rising after abruptly gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase Assets says that it will be adding support for Gravity (G), formerly known as Galxe, an interoperable Ethereum (ETH)-based smart contract platform. “Trading will begin on 13 August 2024 …
Continue reading “Defying Gravity (G)? Low Cap Ethereum-Based Altcoin Rises After Coinbase Listing”
A 39-year-old cryptocurrency enthusiast who splurged millions worth of erroneously transferred funds will reportedly spend three years in prison after pleading guilty in a court in Australia. Local news site News.com.au reports that in 2021, Jatinder Singh tried to deposit around $65 into his Crypto.com portfolio using his then-partner Thevamanogari Manivel’s Commonwealth Bank account. The …
Onchain Highlights DEFINITION: Bitcoin is a uniquely scarce asset, with a hard-capped limit of 21,000,000 coins that can be mined. This chart shows the following traces: 🟠 Circulating Supply, which reflects the cumulative amount of Bitcoin that has been minted to date. 🔴 Remaining Supply, which shows how many coins are left to be mined, with the …
Continue reading “94% of Bitcoin’s total supply has now been mined”
Peter Mintzberg has taken over as the CEO of the digital asset management firm Grayscale, according to an Aug. 15 announcement. The new appointment comes roughly three months after Grayscale’s former CEO, Michael Sonnenshein, resigned for undisclosed reasons. Mintzberg, who has extensive experience in the financial sector, previously served as Head of Strategy at BlackRock …
Continue reading “Grayscale names Peter Mintzberg as CEO amid competitive shake-up”
Phantom, a leading crypto wallet provider in the Solana ecosystem, recently addressed a bug affecting account balance visibility. On Aug. 15, several users reported issues with their applications, including missing or incorrect token balances. This led to concerns about potential hacking incidents. One user wrote: “I just got on Phantom, and all my coins besides …
Continue reading “Phantom wallet resolves balance display bug after user concerns”
Quick Take Similarly to the Bitcoin ETFs, there was a significant influx of 13-F filings for the publicly traded miners and MicroStrategy. The release of 13-F filings revealed notable investments in publicly traded miners, such as TeraWulf Inc (WULF). According to Fintel data, the State of Wisconsin Investment Board acquired 19,001 shares of WULF, while …
Continue reading “Institutional filings surge into Bitcoin mining stocks and MicroStrategy”
Blockchain Oracle network Chainlink revealed that its entire product suite is now available to developers on the Coinbase-incubated Ethereum layer-2 network Base, according to an Aug. 15 statement shared with CryptoSlate. This followed the firm integration of its Data Streams and Verifiable Random Function (VRF) products on the layer-2 network. Tom Vieira, Base’s Head of Product, …
Continue reading “Chainlink tools now power millions of transactions on Base network”
Quick Take The second quarter of 2024 saw significant activity in the digital assets investment space, as institutional investment managers with over $100 million in assets under management (AUM) submitted their 13F filings by the Aug. 14 deadline. These filings, which disclose equity holdings as of June 30, 2024, provide valuable insights into the market’s …
Continue reading “Capula Management and Goldman Sachs lead 30% surge in Bitcoin ETF holdings in Q2”
Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 3 days ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session. Crypto ETFs Clash: Bitcoin ETFs Stumble With $81M Loss, Ethereum Funds Pull in $10.77M After enjoying two days of steady inflows, spot bitcoin ETFs faced …
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Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition since an FBI raid in 2012, said he has a plan and expressed his affection for New Zealand. He is accused by the U.S. of …
Continue reading “Kim Dotcom’s Extradition to US Approved by New Zealand Justice Minister”
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged Microstrategy ETF in the U.S. The newly launched MSTX ETF provides 175% long daily targeted exposure to Microstrategy, a …
Continue reading “Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward”
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard …
South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI policy. It aims to foster a robust AI ecosystem through coordinated efforts in research, talent cultivation, and infrastructure enhancement. The policy also emphasizes the importance …
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Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years, riding the wave of increased demand for a new EV battery technology developed by Samsung. According to Bambrough, the new batteries may require 1 kg …
