A widely followed crypto analyst believes Bitcoin (BTC) still remains on track to hit new all-time highs (ATHs) after a correction earlier this week. In a new strategy session on the TechnicalRoundup YouTube channel, pseudonymous crypto analyst DonAlt says that he remains bullish on Bitcoin after it dipped into the $69,000 range. “So weekly good. …
Monthly archives: November 2024
FTX eyes $21 million asset recovery through settlements with bank and charity organization
Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still require court approval, with a hearing set for Nov. 20. Evolve Bank settlement Before FTX’s collapse in …
Majority of Bitcoin metrics reveal bearish outlook with price just 6% from all-time high
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 …
Radiant Capital exploit accounts for half of October’s six-month low $116M crypto crime
October marked a significant decline in crypto-related losses due to exploits, with total losses amounting to approximately $116 million—the lowest monthly losses in the last six months. Most of October’s losses stemmed from exploits, followed by flash loan attacks and exit scams. Exploits accounted for the bulk, totaling $113.3 million, while flash loan and exit …
Bitcoin falls below $70k causing $289 million in total market liquidations
Bitcoin’s price surged to $72.9k yesterday, nearing its all-time high of $73.7k, before reversing to $69.2k at press time. This volatility led to liquidations totaling $289.93 million in the past 24 hours, affecting 96,574 traders, according to data from Coinglass. Crypto market liquidations (Source: Coinglass) Long positions suffered the most, with $259.21 million liquidated, while …
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Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality Allegations
Coinbase has committed to donating $25 million to Fairshake, a crypto PAC funded by crypto-linked companies that supports the aspirations of crypto-friendly candidates. The move was criticized by contrarians who alleged Coinbase’s moves are illegal under U.S. laws. Coinbase Pledges $25 Million to Fairshake Crypto PAC Coinbase, the largest U.S.-based cryptocurrency exchange, is moving to …
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TON Capital Launches Limited 10,000 Node Sale to Accelerate Adoption and Empower the Next Billion Users on TON
TON Capital, an innovative airdrop portal designed to onboard the next billion users onto the TON blockchain, is excited to announce its upcoming limited batch of Airdrop Nodes Sales. With the Pre-sale Round set to launch on November 8th at 3 PM (UTC+8), these Airdrop Nodes offer a unique opportunity for participants to stake their …
Franklin Templeton Integrates Tokenized Fund on Base
Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution, this move makes it the first organization to build a tokenized fund on top of Base. “Base is a layer 2 blockchain built …
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Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision Wealth Management have unveiled an investment fund that acquires units …
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Sazmining Brings Bitcoin Mining-Powered Sustainable Heating to a Norwegian Town
Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based heating elements of a building for a system that recycles the heat produced by bitcoin miners in a …
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Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions
The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network. By joining Hedera, the Kenyan …
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Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science …
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Top Analyst Says ‘God Candle’ Loading on Solana-Based Altcoin, Updates Outlook on Bitcoin and Dogecoin
A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE). Pseudonymous crypto trader Bluntz tells his 290,400 followers on the social media platform X that the native token of Solana-based blockchain oracle Pyth Network (PYTH) is …
Bitcoin Could Hit a Six-Figure Price by December, Says Crypto Analyst Michaël van de Poppe – Here’s His Outlook
A closely followed crypto analyst says is turning bullish on Bitcoin (BTC) as the flagship crypto asset hovers above $70,000. In a new strategy session, trader Michaël van de Poppe tells his 734,900 followers on the social media platform X that Bitcoin could see a 10% to 38% rise in price between now and the …
MakerDAO founder proposes strict deflationary tokenomics amid rebranding process
Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol’s governance token as the community prepares to vote on whether to revert its brand or not on Nov. 11. Christensen explained that the proposed changes would affect the governance token supply, whether it continues as SKY or pivots back …
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