President-elect Donald Trump has appointed Bo Hines, a former Republican Congressional candidate, to serve as executive director of his new “Crypto Council.” Trump says on the social media platform Truth Social that the group, formally known as the Presidential Council of Advisers for Digital Assets, will be “composed of luminaries from the crypto industry.” The …
Yearly archives: 2024
Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge
US spot Bitcoin and Ethereum ETFs are seeing varied market performance, signaling divergent investors’ interest in the top digital assets. On Dec. 23, Bitcoin ETFs recorded their third straight day of outflows, totaling $226.5 million as investors adjusted their portfolios ahead of the festive period. The BTC ETFs have seen net outflows of more than …
Drop in OTC balances shows large investors are accumulating discounted Bitcoin
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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Russia to limit mining in energy-strapped regions until 2031
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges Adoption 2 weeks ago As Bitcoin gains traction globally, Tkachev’s plan positions Russia to use digital currency as a hedge against geopolitical financial barriers. Go to Source
El Salvador touts Bitcoin success in talks with China
El Salvador showcased its Bitcoin achievements during a meeting between Vice President Félix Ulloa Jr. and Zhang Yanhui, the Ambassador of the People’s Republic of China. On Dec. 23, Vice President Ulloa emphasized how Bitcoin has transformed El Salvador into a symbol of financial freedom. He noted that the country’s state reserves now include over …
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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’
Microstrategy’s treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and reinforcing its position as the largest corporate bitcoin holder. Microstrategy’s Treasury Move Nets $299M in BTC Last Week Michael Saylor, Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), highlighted the company’s bitcoin investment performance in a post on …
Bitcoin Technical Analysis: Market Indecision Holds Prices in a $3K Range
Bitcoin has danced between $95,575 and $96,050 in the past hour, boasting a market cap of $1.87 trillion, with trades totaling $56 billion in the last 24 hours, and prices swinging from $92,441 to $95,674 within the day. Bitcoin The 1-hour chart shows bitcoin is cozying up near the $95,500 to $96,050 range following a …
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Lightchain AI Santa is Coming to Town with the DAO Beta Release This January
PRESS RELEASE. The holidays just got better for crypto enthusiasts and tech innovators! On January 1, Lightchain AI will introduce the beta version of its revolutionary DAO (Decentralized Autonomous Organization), creating a groundbreaking opportunity for the LCAI token-holding community. This exciting launch positions Lightchain AI at the forefront of decentralized technology by empowering users to …
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Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution
According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared it’s adding bitcoin to its balance sheet. Matador Technologies Aims to ‘Future-Proof’ Its Treasury Matador, a crypto venture launched in 2014, trades on the TSX Venture Exchange with the ticker MATA, and will now keep bitcoin (BTC) in its …
Meet Brett: The Biggest Star of the Memecoin Universe on Base
The memecoin Brett is totally dominating the ecosystem on the Base blockchain. With a dedicated community and strong momentum, Brett might soon enter the top 3 of the entire memecoin ecosystem. Inspired by the iconic character from Matt Furie’s Boys’ Club comics, Brett has emerged as a dominant force in the memecoin ecosystem. This playful …
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Analyst Says Ethereum-Based Altcoin Has ‘All the Markings of the Next Big Success’ and Could Explode 700%+
A widely followed analyst is leaning bullish on a decentralized finance (DeFi) token built in the Ethereum (ETH) ecosystem. The analyst pseudonymously known as CredibleCrypto tells his 449,900 followers on the social media platform X that his “highest conviction” bet based on the risk-reward ratio is Curve DAO (CRV). According to CredibleCrypto, CRV could rally …
31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO
NO BYLINE, THANK YOU Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings. The 31% of known BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% increase from December 2023, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm …
Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook
Former Goldman Sachs executive Raoul Pal believes that the crypto market will rally heading into the end of 2024. In a new interview with crypto trader Scott Melker, the macro guru says that based on historic precedence, Bitcoin (BTC) and other digital assets may put up larger gains during the last week and half of …
MicroStrategy’s $42 billion Bitcoin plan includes increasing shares from 330 million to 10 billion
In yesterday’s preliminary proxy statement with the SEC, MicroStrategy introduced a plan to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan. It outlines proposals for a 2025 Special Meeting of Stockholders, including efforts to raise $21 billion in equity and $21 billion through fixed-income instruments, potentially advancing …
Mt. Gox has shifted $364 million in Bitcoin to B2C2 this month
Mt. Gox, the bankrupt crypto exchange, has moved approximately $364.4 million worth of Bitcoin to crypto liquidity provider B2C2 Group this month, according to an analysis by Lookonchain. Lookonchain, citing data from Arkham Intelligence, reported that Mt. Gox has been transferring 200 to 300 BTC daily to B2C2 on weekdays since Bitcoin surged past $100,000 …
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