Este artículo también está disponible en español. Since March, the price of BNB, previously also known as Binance Coin, has barely fallen below $500, despite the broader crypto market downturn. Following heavy losses from major cryptocurrencies, BNB has shown some impressive resistance to the price drop, supported by strong demand. Related Reading Despite this strength, …
Continue reading “BNB Weekly Active Addresses Surge Over 6% – Is A Rally On The Way?”
Este artículo también está disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought …
Este artículo también está disponible en español. Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon. What The Heikin Ashi Signal Means For Bitcoin …
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His …
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Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.
Financial services behemoth Standard Chartered is launching a digital asset custody service in the United Arab Emirates following the approval of a license from local regulators. According to a new press release, Standard Chartered has selected the UAE for its product launch due to the region’s well-regarded approach to digital asset regulation and adoption. Says …
Crypto markets are facing pressure from multiple fronts as the US elections, ambiguous macroeconomic data, and downbeat sentiment related to crypto exchange-traded funds (ETFs) outflows are weighing on prices, according to a recent report by Nansen. Broad capitulation sentiment US-traded spot Bitcoin (BTC) and Ethereum (ETH) ETFs have experienced negative flows for the second consecutive …
Continue reading “Election jitters and ETF outflows weigh on crypto market – Nansen”
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 …
Continue reading “Bitcoin price stabilizes but profitability gap points to unease”
State Street Global Advisors has launched three new digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, an affiliate of Galaxy Digital, according to a Sept. 10 press release. The new funds aim to leverage active management to navigate the evolving digital asset landscape and capitalize on market inefficiencies. The …
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A House hearing on DeFi highlighted deep divisions between lawmakers. Democrats pushed for stricter regulation to protect consumers from scams, while Republicans advocated for a light-touch approach to encourage innovation. The session, which aimed to examine the potential benefits and dangers of DeFi, saw Rep. Maxine Waters (D-CA) raise alarms over former President Donald Trump …
Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent Glassnode report. The report noted that the 14-day moving average hash rate has climbed to 666.4 exahashes per second (EH/s), just 1% shy of the record. This indicates that miners continue to install new mining …
Continue reading “Bitcoin miners stay resilient despite traders’ waning risk appetite — Glassnode”
Bitwise Chief Investment Officer Matt Hougan cautioned investors that ongoing market uncertainty is driving significant volatility in Bitcoin and other digital assets but expressed optimism for a recovery later in the year. In his latest investor note, Hougan highlighted key challenges, including the upcoming US presidential election and ongoing debates over Federal Reserve rate cuts, …
Continue reading “Bitcoin faces September slump but optimism grows for year-end rally – Bitwise CIO”
Onchain Highlights DEFINITION: The total amount of coins transferred from long-term holders to exchange wallets. Bitcoin’s transfer volume from long-term holders to exchanges reflects shifts in market sentiment. In 2024, this metric remained subdued until brief spikes in July and August, coinciding with slight price drops — suggesting that long-term holders might have taken profits …
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through …
Continue reading “Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy”
The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on Bybit, Bitfinex, and Okx, but has not given word on a possible Binance listing yet. Hamster …
Continue reading “Hamster Kombat Announces Exchanges That Will List HMSTR After Airdrop”
