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 …
Continue reading “Bitcoin’s independence from S&P 500, Nasdaq grows post-election”
MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule …
Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit activities. The report indicated that stablecoins are increasingly used in illegal transactions, such as sanctions …
Continue reading “Switzerland regulator warns of rising crypto money laundering risks”
Solana-based decentralized exchange (DEX) Raydium has outperformed stablecoin giant Tether in daily fee generation. According to data from DeFiLlama, Raydium generated over $15 million in fees in the last 24 hours, surpassing Tether’s $13 million during the same period. Top 5 Crypto Platforms by Fees and Revenue (Source: DeFiLlama) Over the past week, Raydium’s fee …
Continue reading “Memecoin revival drives Solana DEX Raydium past Tether in fees”
Ethereum’s value against Bitcoin has reached a four-year low as Bitcoin’s price surpasses $94,000. The ETH/BTC trading pair fell to 0.03302 BTC, marking a significant decline from mid-2023 levels above 0.070 BTC. ETHBTC (Source: TradingView) Bitcoin’s recent surge, hitting a new all-time high of $94,300 on Nov. 20, contrasts with Ethereum’s downward trend against Bitcoin. …
Continue reading “Ethereum falls to 4-year low against Bitcoin as BTC breaks above $94k”
A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although …
Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029. No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 …
Continue reading “Microstrategy Unleashes $2.6B Bet on Bitcoin With Convertible Notes Offering”
Crypto investors are buzzing as Pepe Unchained (PEPU) prepares to launch what might be the most talked-about meme coin of 2024. With its presale having passed the $40 million mark, Pepe Unchained has entered the final countdown before its long-awaited debut on a top exchange. FOMO Ramps Up as Pepe Unchained’s Presale Smashes $40M Mark …
A gamma squeeze, a high-stakes event in options trading, has the potential to catapult bitcoin (BTC) prices beyond the six-figure mark, reshaping the crypto market landscape. Understanding Call Options in the Bitcoin Market and the Gamma Squeeze To understand a gamma squeeze, it’s key to first grasp the basics of options trading. Options are financial …
Continue reading “Gamma Squeeze Frenzy: Could Bitcoin Prices Skyrocket Past Six Figures?”
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s) …
Continue reading “Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive”
As the crypto space chases mainstream success, one of the institutions within it that has led the charge is crypto exchanges. This is to be expected as crypto exchanges are one of the most important businesses, helping investors to buy and sell their assets. On top of this, the state of crypto exchanges is typically …
Continue reading “Coincheck Makes History as First Japanese Exchange Listed on Nasdaq”
The arrest and extradition battle of Roger Ver has ignited the #FreeRoger movement, a grassroots campaign calling attention to what advocates see as the misuse of legal systems to suppress dissent and punish individuals connected to crypto. Roger Ver’s Battle With U.S. Authorities Sparks Global Outcry The #FreeRoger movement has gained momentum across social media …
A crypto strategist known for making timely altcoin calls thinks it is within the realm of possibility for XRP to his massive price target. Pseudonymous analyst Credible tells his 434,700 followers on the social media platform X that a new all-time high (ATH) for XRP against Bitcoin (XRP/BTC) is not a “matter of if but …
Fundstrat managing partner Tom Lee still thinks the markets have room to run following explosive gains after Donald Trump’s US presidential election victory earlier this month. Lee, who also serves as Fundstrat’s head of research, says in a new interview with CNBC that he thinks the “Trump trade is still intact” even though the stock …
Seasoned trader Peter Brandt believes that top memecoin Dogecoin’s (DOGE) price action as of late looks incredibly bullish. Brandt tells his 751,800 followers on the social media platform X that DOGE has broken out of two technical patterns on the weekly chart this year. The veteran trader shares a chart suggesting that DOGE has cleared …
