Fundstrat’s managing partner Tom Lee believes Bitcoin could benefit immensely from a new market following the introduction of spot BTC exchange-traded funds (ETFs) in the world’s largest economy. In a new CNBC interview, Lee says spot Bitcoin ETFs will make a “huge difference” in the market cap of the leading digital asset as it enables US …
Yearly archives: 2024
DRAMA WG releases Defi Risk Guidelines Review Draft
16 January 2024 The EEA’s Defi Risk Assessment, Management, and Accounting Working Group (more often called the “DRAMA WG“) today released a Review Draft of its Defi Risk Guidelines discussion paper. The group invites public comment on the draft through 15 April 2024. The Review Draft is available at https://entethalliance.org/specs/drafts/defi-risks/20231116/. The discussion paper offers a …
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Billionaire Bill Ackman Predicts Multiple Interest Rate Cuts, Says Fed Must Move Fast Enough To Avoid Recession
Billionaire investor Bill Ackman believes that the Federal Reserve is set to cut interest rates as data shows that inflation is on its way down. In a new CNBC interview, the founder and chief executive of the hedge fund Pershing Square Capital Management says that a minimum, he sees the Federal Reserve announcing three rate …
TUSD’s supply hits low as stablecoin struggles to maintain $1 peg
TrueUSD (TUSD) stablecoin experienced wild volatility the past day as it fell below the $1 peg amid its declining supply. Data from CryptoSlate shows that the stablecoin fell to as low as $0.984 during the reporting period and has yet to regain its peg as of press time. Chainlink’s TUSD data also confirms this downtrend, …
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Bitcoin accumulation trend hits lowest point since October, signaling widespread distribution shifts
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Coinbase Prime hot wallet leads weekly Bitcoin trading with $11.4 billion volume
Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch. CryptoSlate analysis identified a hot wallet at Coinbase Prime that has surged to the top of the Bitcoin inflow chart over the past week. This wallet, …
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Crypto Trader Issues Bitcoin Alert, Says BTC Flashing Same Signal That Preceded 2016 and 2019 Corrections
A closely followed crypto strategist warns that Bitcoin (BTC) is giving off the same technical reading that flashed before the crypto king’s deep corrective moves in 2016 and 2019. Analyst Jason Pizzino tells his 94,700 followers on the social media platform X that BTC respected the Gann 50% retracement level as resistance after last week’s …
Short-term holders drive Bitcoin’s post-ETF volatility
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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South Korea looks to crackdown on crypto mixers via new regulations
South Korean financial authorities are considering introducing specific regulatory measures for cryptocurrency mixers to curb the misuse of these protocols for money laundering by criminal organizations, local media reported on Jan. 15. The move is driven by the growing concern that mixers, originally designed for privacy protection, are increasingly exploited for illicit financial activities. The …
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Ethereum Gearing Up for More Than 35% Surge, According to Top Analyst – Here’s the Timeline
A closely followed crypto analyst says Ethereum (ETH) is setting up for a sizeable rally after successfully completing a long consolidation phase. The pseudonymous crypto analyst known as Pentoshi tells his 742,000 followers on the social media platform X that he believes Ethereum is on its way to the $3,500 range, the upper level of …
ETH Beta Profits At Launchpad XYZ As Investors Migrate From OP And MATIC To Bag 2,917% ROI, ICO May Sellout
Volatility has returned to the crypto market with a vengeance and that’s good news for the consumers of the trading signals from Launchpad XYZ, where […] Go to Source
Bitcoin ETF Launches Fired Record $17.5 Billion Trading Volume For Crypto Investment Products Last Week
Cryptocurrency investment products racked up a record $17.5 billion in trading volume last week as sentiment soared amid the landmark launch of spot Bitcoin ETF […] Go to Source
Bitcoin Fear & Greed Index Plunges To Neutral Zone As BTC Tumbles After Bitcoin ETF Approvals
The Bitcoin Fear and Greed Index has plunged into a “neutral” zone following Bitcoin’s 13.5% drop from last week’s intraday high after the approval of […] Go to Source
BlackRock Spot Bitcoin ETF Ad Targeting Wealthy Boomers Praised As “So Boring It’s Brilliant”
A new BlackRock spot Bitcoin ETF advertisement was praised for its clever approach in appealing to the wealthy boomer market. “My god this is a […] Go to Source
Top Analyst Anticipates Dogecoin Surge To $0.10, But There’s A Catch
Elon Musk-backed meme coin Dogecoin (DOGE) has seen a significant price correction in recent days, falling over 14% in the past 30 days, due to the market’s waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), and the lack of bullish catalysts. After reaching an 11-month high of $0.1073 …
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