The chief technology officer of Ripple Labs says that the government needs to address the alleged unconstitutional unbanking of many crypto and tech founders. In a new thread on the social media platform X, Ripple CTO David Schwartz accuses the government of pressuring banks to cancel unfavored individuals and businesses with no evidence that they …
Monthly archives: December 2024
PlanB Doubles Down on Massive Bitcoin Price Prediction for Market Cycle Peak – Here’s His Outlook
Popular quant analyst PlanB is doubling down on his prediction that Bitcoin (BTC) will surge to an astronomical value in the current bull market cycle. In a video update, the pseudonymous analyst tells his 188,000 YouTube subscribers that his stock-to-flow (S2F) model indicates Bitcoin may soon soar anywhere between $250,000 and $1 million. His stock-to-flow …
The Dai Lo Announces Acquisition of Fractal Network
December 2, 2024 – Denver, United States Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions the Dai Lo to harness Fractal’s groundbreaking ZK (zero knowledge) technology and …
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South Korea Opposition Party Agrees to Two-Year Moratorium on Crypto Asset Taxation: Report
South Korea’s opposition party has reportedly agreed to delay the implementation of a new policy that imposes a tax on cryptocurrency earnings starting January 2025. The Democratic Party of Korea (DPK) previously pushed back against the ruling People Power Party’s (PPP) proposal to postpone crypto asset taxation, which was supposed to take effect in 2021 …
Digital euro preparation continues as holding limit, privacy debated
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.
Trump’s inauguration could mark local top for crypto, research shows
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
XRP Outruns Entire Crypto Market in Explosive Rally Near All-Time Highs As WisdomTree Gears Up for New ETF
Payments-focused crypto asset XRP has suddenly broken out in price, surpassing the market cap of Solana (SOL) and Tether’s USDT after outperforming the market. XRP hit a price of $2.81 early on Monday and has since retraced slightly to $2.68, giving it 424% gains in the last 30 days. At time of writing, XRP has …
JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct
JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) says the banking giant has admitted it’s liable for failing to discover and stop misconduct by its relationship managers. The agency says the managers provided incorrect information to clients while executing 24 over-the-counter …
Coinbase CEO Brian Armstrong Brands $213,000,000,000 Anti-Money Laundering Regulations As Policy Failures
Coinbase chief Brian Armstrong says that the US government’s efforts to curb money laundering have been a failure and a misuse of public funds. In a post on the social media platform X, Armstrong says that the US anti-money laundering (AML) policies should be reviewed by President-elect Donald Trump’s proposed Department of Government Efficiency (DOGE) …
Toobit on Ethereum and Solana: Will They Perform in 2025?
As we approach 2025, Ethereum (ETH) and Solana (SOL) continue to dominate discussions in the cryptocurrency world. With each platform playing a pivotal role in blockchain innovation, understanding their future potential is key for investors. From technological upgrades to the potential for exchange-traded funds (ETFs), Ethereum and Solana stand at the forefront of blockchain evolution. …
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Bitcoin ETF options: A new tool for risk management and speculation
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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MicroStrategy’s Bitcoin holdings surpass 400,000 BTC after latest $1.5 billion buy
MicroStrategy has added 15,400 Bitcoin (BTC) to its holdings, spending around $1.5 billion, according to a Dec. 2 filing with the US Securities and Exchange Commission (SEC). This marks the company’s fourth consecutive weekly purchase, with an average acquisition price of $95,976 per Bitcoin. MicroStrategy’s Bitcoin Acquisitions (Source: Bitcoin Treasuries) The latest transactions occurred between …
Ethereum and XRP soar with $270 million inflow as investors flock to altcoins
Digital asset investment products experienced their second-lowest weekly inflows in the past eight weeks, totaling $270 million, according to CoinShares‘ latest fund flow report. This brings the total year-to-date inflow to $37.3 billion. James Butterfill, Head of Research at CoinShares, highlighted an unusual contrast in the flows across different assets within the class. He noted …
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Exchange held Bitcoin relative to supply reaches lowest level in 5 years
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 2 mins 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
Enron is back to launch crypto token focused on solving the energy crisis
Enron Corporation has announced its relaunch to tackle global energy challenges by leveraging technology and adaptability for sustainable solutions, according to DB News. The company teased the launch of a “token or coin” in the future but confirmed that nothing had been launched “yet”. The company plans to invest in renewable energy infrastructure, advanced energy storage, …
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