Quick Take Bitcoin began the week with a dip below $60,000, continuing a trend observed in the 33rd week of the year, which has historically been unfavorable for the digital asset. Data from Coinglass shows that Bitcoin has typically declined by an average of 1% over the past decade during this week, though 2013 was …
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Binance has confirmed that the Venezuelan government has restricted access to its website amid turmoil following controversial presidential election results. In an Aug. 10 post on X, Binance stated: “Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions.” The exchange reassured users that their …
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Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 4 hours 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
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 …
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Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the …
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A crypto whale has been spotted accumulating tens of millions of dollars worth of Ethereum (ETH) in an apparent effort to buy the dip. First reported by blockchain tracking firm Lookonchain, an Ethereum address starting with “0x78D07” bought over $4.7 million worth of Ethereum on Friday, adding to its nearly $100 million ETH stack. “This …
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets …
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Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that …
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Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including cross-border trade, and grants the Bank of Russia oversight of pilot projects related to digital currencies. Putin Signs Law …
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CryptoQuant head Ki Young Ju says that on-chain data is signaling that the Bitcoin (BTC) bull market is back on. The CEO of the analytics firm tells his 361,000 followers on the social media platform X that CryptoQuant’s Bitcoin bull-bear market cycle indicator, which tracks phases of investor sentiment, is back to bullish after briefly …
Here’s a look at why cryptocurrency casinos are gaining popularity and why you might want to consider giving them a spin. In recent years, cryptocurrency casinos have become a fascinating alternative to traditional online gaming platforms. These digital playgrounds offer a fresh take on gambling, blending the excitement of casino games with the innovation of …
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Crypto market participants are paying attention to XRP. There has been a continuous bounce between trend lines, forming what analysts call a symmetrical triangle pattern. As a result of a pattern traced as far back as 2018, this digital asset could be set for a big move — but how? Related Reading From eagle-eyed market …
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The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced died down. Related Reading The platform is slowly expanding its operations with new additions to Akash …
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With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token’s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token. Related Reading The Beam network is experiencing awesome on-chain development that gives it an edge …
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Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that …
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