Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.
Monthly archives: December 2024
Namada Launches Mainnet, Introducing Shielded Cross-Chain Transactions
December 3, 2024 – Zug, Switzerland Namada, the shielded asset hub enabling shielded cross-chain transactions, has officially published its genesis block, marking the launch of its mainnet. Along with the commencement of staking and governance, this marks the start of the first phase of Namada’s five-stage decentralized mainnet rollout. This marks an important step forward, …
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Meta’s Crypto Project Libra Victim of ‘Political Kill,’ Says Co-Creator David Marcus
The co-creator of Meta’s ill-fated crypto payment project Libra says a political hit job stymied their efforts. David Marcus says Libra, later renamed Diem, would have “solved global payments at scale.” The tech executive notes his team spent months briefing “key regulators” in the US and abroad prior to announcing the project in June 2019 alongside …
Smile Shop Joins Conflux PayFi Ecosystem With BitUnion Prepaid Card
December 3, 2024 – New York, United States Smile Shop – the premier Asian e-commerce platform – has partnered with Conflux Network – China’s only regulatory-compliant public blockchain – to launch the BitUnion prepaid card. This partnership signifies a major expansion into global digital asset payment with cards welcome in 183 countries and regions. The …
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GraFun Expands to TON Blockchain, Unlocking Seamless Memecoin Creation in Telegram
December 3, 2024 – Transylvania, Romania GraFun, the leading memecoin launchpad, is excited to announce its upcoming expansion with a new mini app on TON (The Open Network), the layer-one blockchain seamlessly embedded within Telegram Messenger. This strategic move aims to simplify memecoin creation and trading for Telegram’s vast user base. GraFun’s proven success In …
Massive deleveraging stopped Bitcoin from breaking through $100k
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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Bitcoin falls to $61k on South Korean exchanges as President declares martial law
Bitcoin’s price fell from $96,000 to $93,700 today after South Korean President Yoon Suk Yeol declared emergency martial law. The decline appears driven by selling pressure from South Korean won (KRW) trading pairs, where Bitcoin experienced sharper drops. On South Korean exchanges like Upbit, Bitcoin’s price plummeted to as low as $61,674, significantly below global …
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Cardano and XRP outperform Bitcoin by over 200% as developers hard work pays off
Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape. While the two previously underperforming coins have felt the pressure of …
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Ripple warns of deepfake scams amid XRP price surge
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 20 hours ago CryptoSlate’s latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading. Go to Source
Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows
On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $353M ETF Influx The inflows to spot bitcoin ETFs and ether ETFs …
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Martial Law Declared in South Korea Sparks Crypto Market Chaos
South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial Law Sends Bitcoin Reeling, Stabilizes Near $95K President Yoon Suk Yeol unveiled the decision during a late-night televised announcement Tuesday, explaining that the move was aimed at addressing alleged anti-state …
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Altcoins Soaring: XRP, Hedera Lead Top Gainers, Will Pepe Unchained Explode Next?
It’s been an eventful start to the week for crypto, with altcoins like XRP and Hedera extending their rallies from last week. Both coins have posted solid gains, cementing their momentum in an unpredictable market. Meanwhile, meme coins aren’t fading away – with Pepe Unchained hitting huge milestones in its presale. Could PEPU be the …
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Crypto Shake-Up: Bitcoin Slips While Altcoins Soar in a $3.41 Trillion Market Tug-of-War
On Tuesday, bitcoin’s price slipped beneath the $94,000 mark, hitting a low of $93,697. This dip comes amid a wave of significant gains among a variety of altcoins over the past few days. Bitcoin Wavers: Investors Shift Billions to Altcoins as Dominance Drops Below 55% Bitcoin (BTC) has dropped 1.6% against the U.S. dollar over …
‘Weird and Challenging’ — Altcoin Season Roars to Life as Bitcoin Stalls Below $95K
On Tuesday, bitcoin hovered just below the $95,000 mark, while numerous alternative cryptocurrencies enjoyed a wave of impressive gains. This trend triggered blockchaincenter.net’s Altcoin Season Index (ASI) to announce that “Altcoin Season” has officially arrived. Altcoin Season Arrives At 8 a.m. Eastern Time on Tuesday, Dec. 3, blockchaincenter.net’s Altcoin Season Index (ASI) lit up with …
New Exchange Lunex Joins Ethereum and Uniswap in the Spotlight – Can It Surpass $0.50 by Year-End?
PRESS RELEASE. Three unique altcoins—Lunex Network (LNEX), Ethereum (ETH) and Uniswap (UNI)—are attracting huge investor attention with bullish price activities. While Ethereum’s (ETH) bullish surge points at a possible breakout to a new all-time high, Lunex Network’s innovative cross-chain capabilities promise to transform decentralized trading. Uniswap’s (UNI) spectacular climb of over 70% in just one …