Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources. The motion, which will be discussed by the council on Dec. 11, aims to position the city as a leader in digital asset adoption. The proposal, titled …
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SOS Limited, a Chinese data mining and technology company, announced on Nov. 27 that its board has approved a $50 million investment in Bitcoin (BTC) to diversify its assets and capitalize on the flagship crypto’s growing strategic significance. The company disclosed that it plans to implement various strategies for the investment, including direct acquisition, quantitative …
President-elect Donald Trump is considering Paul Atkins, a seasoned financial regulator and advocate for deregulation, as the next chair of the US Securities and Exchange Commission (SEC), Bloomberg News reported, citing sources familiar with the matter. According to the report, Atkins has emerged as a leading candidate to replace outgoing SEC Chair Gary Gensler. Karoline Leavitt, …
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The global stablecoin market capitalization reached an unprecedented $190 billion in November, surpassing the previous all-time high of $188 billion set in April 2022, according to a recent CCData report. The sector experienced a robust 9.94% growth from October, marking the highest month-on-month increase since November 2021. This milestone also represents the 14th consecutive month …
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Available exclusively via Polymarket: A revolution in prediction markets Andjela Radmilac · 5 days ago CryptoSlate’s latest report dives deep into Polymarket’s evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position. Go to Source
The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to …
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Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to …
Solana has become a hub for meme coins and the addition of convenient payment options by Stocktwits could accelerate their adoption. Buying Solana Meme Coins Just Got Easier Stocktwits, a social platform for traders and investors has teamed up with Spot.dog to make buying Solana meme coins easier than ever. According to an announcement on …
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The $1 million innovation fund is anchored in the ACT Innovation Hub, an initiative dedicated to nurturing distinct artificial intelligence (AI) meme ideas. Innovation Fund for AI Memes The ACT I community known for its work at the intersection of AI and digital creativity has unveiled a $1 million innovation fund to support AI-powered meme …
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Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby …
Bitcoin’s record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000. Cryptoquant Analysis Indicates Bitcoin Bull Cycle Is Far From Over Bitcoin’s recent climb to a record high of $99,800, followed by a …
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Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection …
Continue reading “From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership”
Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.
The crypto analytics firm Santiment is outlining three under-the-radar opportunities traders are talking about in the altcoin space. Santiment notes the first potential opportunity is The Sandbox (SAND), a decentralized virtual reality network. “There has been a notable resurgence in metaverse-related investments and growing confidence among investors in SAND and related tokens, suggesting a shift …
A closely followed crypto analyst says that a price correction for Bitcoin in the coming weeks could be beneficial for BTC‘s bull market. In a new video update, pseudonymous crypto strategist Rekt Capital takes a look at the Pi Cycle Top Indicator, which uses two moving averages and their crossovers to forecast market cycle peaks …
