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RNDR surges 50% in two days after community approved Solana expansion
According to the CryptoSlate data, the Render Network token (RNDR) recorded a 43% surge in two days after the community approved the network’s Solana (SOL) expansion. The Render community approved two proposals, RNP-002 and RNP-003, on April 26 — which determined an expansion to the SOL blockchain and a new method of allocating network resources. дальше »
2023-4-28 13:00 | |
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Coinbase suggests SEC action is motivated by Gary Gensler’s own views
Coinbase executives discussed their company’s ongoing conflict with the U.S. Securities and Exchange (SEC) in a new video on April 27. Coinbase doesn’t list securities; situation hasn’t changed Coinbase Chief Legal Officer Paul Grewal responded to the SEC’s recent Wells notice, stating: “[The SEC] has reached a preliminary determination that aspects of our company’s core […] The post Coinbase suggests SEC action is motivated by Gary Gensler’s own views appeared first on CryptoSlate. дальше »
2023-4-28 23:41 | |
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Senator Kempis and Samson Mow join forces for Bitcoin legal tender in Mexico
Bitcoin as legal tender in Mexico could become a reality if Senator Indira Kempis and Jan3 CEO Samson Mow get their way. On April 26, Senator Kempis tweeted a picture of herself with Mow, accompanied by the text: “Probably nothing… #Bitcoin legal tender” Jan3 is a nod to January 3, 2009, when the BTC genesis […] The post Senator Kempis and Samson Mow join forces for Bitcoin legal tender in Mexico appeared first on CryptoSlate. дальше »
2023-4-27 19:11 | |
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CryptoSlate wMarket Update: Market volatility swings Bitcoin price wildly in the last 24 hours
In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1. 20 trillion — down 0. 96% from $1. 21 trillion. Bitcoin’s market cap rose 0. 43 % to $563. дальше »
2023-4-27 14:45 | |
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Assessing Bitcoins price action over the last 12 hours
Yesterday, Bitcoin experienced significant price fluctuations between $27,300 and $29,000, and CryptoSlate believes the main reason is the increasingly illiquid market. As Bitcoin liquidity has dropped considerably in 2022 and worsened in 2023, price action can move rapidly in either direction. дальше »
2023-4-27 13:15 | |
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Hedge fund billionaire Ray Dalio doesn’t ‘think a lot of Bitcoin’ but still holds ‘a little bit’
American investor Ray Dalio said he holds a little Bitcoin (BTC) but is not a fan – instead, preferring gold. Not a fan of Bitcoin Sharing his thoughts with former model turned Podcaster Chris Williamson, Dalio said while he prefers gold, Bitcoin still offers things the metal cannot, such as transaction tracking and “not being […] The post Hedge fund billionaire Ray Dalio doesn’t ‘think a lot of Bitcoin’ but still holds ‘a little bit’ appeared first on CryptoSlate. дальше »
2023-4-26 18:34 | |
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CryptoSlate wMarket Update: Bitcoin climbs above $29k amid new US banking crisis
In the last 24 hours, the cryptocurrency market cap saw net inflows of $60 billion and currently stands at $1. 21 trillion — up 5. 05% from $1. 15 trillion. During the period, Bitcoin and Ethereum’s’ market caps gained 6. дальше »
2023-4-26 14:45 | |
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Regulatory forced Kraken exits make up the majority of ETH principal withdrawals
Quick Take It has been two weeks since the Shappela upgrade, and Ethereum (ETH) had broken $2,000. Staked ETH deposits have outpaced withdrawals over the past 24 hours. The results are below; Deposits: 121,806 ETH Withdrawals: 28,762 ETH Net: 93,044 ETH Withdrawals However, most interestingly, ETH principal withdrawals (all-time) have come from Kraken — which […] The post Regulatory forced Kraken exits make up the majority of ETH principal withdrawals appeared first on CryptoSlate. дальше »
2023-4-26 14:00 | |
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Microsoft’s latest investor call describes AI focus, names corporate users
American multinational tech company Microsoft named artificial intelligence (AI) development as one of its top priorities during its Q1 earnings call, which took place on April 25. Microsoft is highly focused on AI Microsoft CEO Satya Nadella briefly commented on consumer AI features, stating: “As we look towards a future where chat becomes a new […] The post Microsoft’s latest investor call describes AI focus, names corporate users appeared first on CryptoSlate. дальше »
2023-4-26 10:05 | |
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21Shares, Cathie Wood’s ARK Investment believe ‘Persistence will pay off’ in 3rd filing for spot Bitcoin ETF
Swiss-based fintech company 21Shares confimed a Bloomberg report that it has partnered with Cathie Wood-founded ARK Investment Management to refile for a spot-Bitcoin exchange-trade fund (ETF). Despite two previous filing rejections, 21Shares told CryptoSlate: “It may be a protracted effort but we believe persistence will eventually pay off and the winners will be American investors. дальше »
2023-4-26 23:32 | |
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Multiple Genesis Capital creditors walk away from agreement – DCG responds
A group of unnamed Genesis Capital creditors have raised new demands and walked away from their previous agreement with the bankrupt crypto firm. Genesis Capital wants the court to appoint a mediator In an April 24 court filing, the bankrupt crypto lender applied for appointing a sitting bankruptcy judge in the Southern District of New […] The post Multiple Genesis Capital creditors walk away from agreement – DCG responds appeared first on CryptoSlate. дальше »
2023-4-25 15:17 | |
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CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continues
In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1. 15 trillion — down 0. 8% from $1. 16 trillion. During the period, Bitcoin and Ethereum’s’ market caps fell 0. дальше »
2023-4-25 15:11 | |
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First NFT insider trading case launched: Potential to set precedent for digital assets
Former OpenSea product manager, Nathaniel Chastain, has been accused of insider trading — marking the first criminal insider trading case involving digital assets, according to a Reuters report. According to the report, Chastain has been accused of using confidential information to secretly purchase NFTs — later profiting by featuring and selling them on the OpenSea […] The post First NFT insider trading case launched: Potential to set precedent for digital assets appeared first on CryptoSlate. дальше »
2023-4-25 18:02 | |
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Teahouse Finance raises $5M to combat concentrated liquidity
Teahouse Finance raised $5 million in its recent funding round to solve DeFi’s concentrated liquidity problem, according to its recent funding announcement. The project team recently gave an exclusive interview to CryptoSlate, where they discussed Teahouse Finance’s vision, how it is combatting the concentrated liquidity problem, and what the funding will be spent on. дальше »
2023-4-24 17:26 | |
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Bitcoin Inscriptions surge: 200k created in one day – yet demand remains minimal
Quick Take CryptoSlate recently reported that Inscriptions passed the one million milestone. A new record was set for the biggest one-day count for Inscriptions — roughly 200,000 Inscriptions were created on April 23. дальше »
2023-4-24 17:00 | |
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CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T
Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27. 4 billion and currently stands at $1. 16 trillion — down 2. 3% from $1. 18 trillion. Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2. дальше »
2023-4-24 14:45 | |
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Exploring potential of blockchain gaming through player data
Key Takeaways Key operational metrics of Web3 Games include active users, retention rates, and payment-related data. Non-genuine players can disrupt the game’s balance and economic stability. This article takes Era7 as an example, introduces the method of identifying non-genuine players, and found that non-genuine players have a higher activity level than genuine players, with an […] The post Exploring potential of blockchain gaming through player data appeared first on CryptoSlate. дальше »
2023-4-23 21:00 | |
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Texas digital asset service provider bill passes House vote
The Texas House of Representatives approved the digital asset service provider bill on April 20. The bill received 148 votes in favor and zero against. Only one vote abstained. Also known as the “Proof of Reserve” bill, HB 1666 was introduced in January by Giovanni Capriglione and aims to establish rules for exchanges and other […] The post Texas digital asset service provider bill passes House vote appeared first on CryptoSlate. дальше »
2023-4-22 21:33 | |
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CryptoSlate wMarket Update: Another red day sees Bitcoin lose $28,000
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $29. 6 billion and currently stands at $1. 18 trillion — down 2. 4% from $1. 22 trillion. During the reporting period, Bitcoin and Ethereum’s’ market caps fell 3% and 2. дальше »
2023-4-21 14:45 | |
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CTSI surges over 65% in a week as rollup update approaches
According to CryptoSlate data, the Cartesi (CTSI) token recorded a 68. 56% increase over the past seven days following the project’s update announcement published on April 11. According to the Cartesi Ecosystem Update 2023, the Cartesi Rollups are fast approaching the mainnet deployment stage. дальше »
2023-4-21 14:35 | |
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Trezor confirms refusing coinjoin UTXOs to protect privacy of others
Following reports of censorship from hardware wallet manufacturer, Trezor, CryptoSlate has received confirmation Trezor denies some UTXOs from entering the coinjoin coordinator to protect the privacy of other users. дальше »
2023-4-21 21:36 | |
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Societe Generale’s crypto arm to launch Euro-pegged stablecoin
Forge — a regulated crypto arm of the French banking firm Societe Generale — is set to launch a new euro stablecoin called “CoinVertible” on the Ethereum blockchain. The investment bank aims to bridge the gap between traditional capital markets and the digital assets ecosystem through the launch of the euro-pegged stablecoin, according to the […] The post Societe Generale’s crypto arm to launch Euro-pegged stablecoin appeared first on CryptoSlate. дальше »
2023-4-20 16:30 | |
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ApeCoin community approves $1M donation to Ethereum development
The community behind ApeCoin (APE) has donated $1 million to support the development of the Ethereum blockchain, as per a recent voting proposal. The community-led initiative titled “I don’t hate apes, I just want them to fund public goods!” referencing a tweet by Ethereum co-founder Vitalik Buterin — received a majority of the votes in […] The post ApeCoin community approves $1M donation to Ethereum development appeared first on CryptoSlate. дальше »
2023-4-20 15:00 | |
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CryptoSlate wMarket Update: Bitcoin loses $29k as crypto market cap crumbles a further $9.6B
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $9. 6 billion and currently stands at $1. 22 trillion — down 0. 8% from $1. 22 trillion. During the reporting period, Bitcoin and Ethereum’s’ market cap fell 1. дальше »
2023-4-20 14:45 | |
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Euler’s Head of Risk resigns saying ‘not much I can help them with’
The Head of Risk at Euler, Seraphim Czecher, announced his resignation, adding, “There is not much I can help them with at this stage.” In a tweet posted on April 20, he alluded to a loss of faith in the protocol following a recent attack — Czecher said, considering the circumstances, resigning is the right […] The post Euler’s Head of Risk resigns saying ‘not much I can help them with’ appeared first on CryptoSlate. дальше »
2023-4-20 12:30 | |
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Algorand down 10% despite Foundation claims that it isn’t security
Algorand (ALGO) fell 10. 42% in the last 24 hours despite its Foundation refuting the U. S. Securities and Exchange Commission’s (SEC) claim that the asset is a security. According to CryptoSlate’s data, ALGO dropped to $0. дальше »
2023-4-20 12:05 | |
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A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’
Venture capital firm A16z revealed the secret behind its tweets that featured an orange ball – the launch of a new Layer 2 rollup client called Magi. Magi, a new rollup client developed in Rust — has been built on the OP Stack — a software stack specifically designed to create a blockchain dApp ecosystem […] The post A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’ appeared first on CryptoSlate. дальше »
2023-4-19 22:53 | |
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ARB down over 12% – reversing recent price surge as altcoins bleed
According to CryptoSlate data, Arbitrum (ARB) reversed its recent surge and fell by 12. 69% in the last 24 hours. The fall came at a time when Bitcoin (BTC) also fell below the $30,000 mark — pulling many altcoins down with it, including ARB. дальше »
2023-4-19 15:20 | |
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CryptoSlate wMarket Update: Bitcoin defends $29,000 in shock flash crash
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $47. 5 billion and currently stands at $1. 22 trillion — down 3. 7% from $1. 27 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell 2. дальше »
2023-4-19 14:45 | |
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President Trump NFTs floor price crashed 58% after ‘Series 2’ launch
Former U.S. President Donald Trump’s NFTs floor price declined 58% to 0.183 ETH — roughly $382 — in the last 24 hours after he announced a second collection on April 18. According to CryptoSlam data, the first collection was involved in 1,210 sales transactions, and its trading volume surged 889% to $379,819 in the last […] The post President Trump NFTs floor price crashed 58% after ‘Series 2’ launch appeared first on CryptoSlate. дальше »
2023-4-19 09:05 | |
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Kraken gets regulatory approval to operate in Ireland
Kraken secured a virtual asset service provider (VASP) license from the Central Bank of Ireland on April 18. The license allows the crypto exchange to operate in the country legally. Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules and added that the license is proof of its […] The post Kraken gets regulatory approval to operate in Ireland appeared first on CryptoSlate. дальше »
2023-4-19 21:24 | |
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Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative
A single Cardano (ADA) transaction consumes 8,598 times more energy than a transaction on the Internet Computer (ICP) blockchain network, according to Dfinity Foundation. In an April 18 press statement shared with CryptoSlate, the Foundation said ICP was one of the greenest blockchains, adding that a single Google search consumes four times more energy than […] The post Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative appeared first on CryptoSlate. дальше »
2023-4-18 17:17 | |
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Radix surges over 120% in a week after Babylon upgrade announcement
Radix (RDX) recorded a 127% surge in the last seven days after the project team announced the date of the upcoming Babylon update, according to CryptoSlate data. The Babylon upgrade is designed to “hook” developers, as the announcement post states. дальше »
2023-4-18 16:18 | |
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CryptoSlate wMarket Update: Bitcoin recovery in sight as BTC climbs back towards $30,000
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4. 7 billion and currently stands at $1. 27 trillion — up 0. 4% from $1. 27 trillion. During the reporting period, Bitcoin and Ethereum’s market cap grew 0. дальше »
2023-4-18 14:45 | |
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Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization
Polygon Labs and Ledger are urging EU lawmakers to amend certain clauses in the Data Act related to rules for smart contracts. The companies wrote in a joint open letter that the current version of Article 30 of the Data Act will “inhibit innovation and economic growth” in the European crypto industry as it does […] The post Polygon, Ledger urge EU to amend smart contract rules forcing inadvertent centralization appeared first on CryptoSlate. дальше »
2023-4-18 02:09 | |
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IMF denies involvement in purported CBDC
The International Monetary Fund (IMF) said in a statement to CryptoSlate that it is not involved with the purported CBDC named Unicoin. IMF denies involvement in Unicoin On April 10, the Digital Currency Monetary Authority (DCMA) announced a central bank digital currency called the Universal Monetary Unit (UMU) or Unicoin. дальше »
2023-4-18 01:27 | |
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NYDFS will charge cryptocurrency companies for supervision
The New York Department of Financial Services (NYDFS) said April 17 that it will impose supervision charges on crypto firms. NYDFS introduces regulation allowing charges Adrienne Harris, NYDFS Superintendent of Financial Services, said: “This regulation provides the Department with additional tools and resources to regulate the virtual currency industry now … as innovators create new […] The post NYDFS will charge cryptocurrency companies for supervision appeared first on CryptoSlate. дальше »
2023-4-18 00:10 | |
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Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX
Celebrities implicated in a class-action lawsuit over promoting crypto exchange FTX have asked the court to dismiss the case, according to motions filed on April 14. The celebrities include comedian actor and director Larry David, Tom Brady, Gisele Bundchen, Stephen Curry, Udonis Haslem, Trevor Lawrence, Kevin O’Leary, Shohei Ohtani, David Ortiz, Naomi Osaka — and […] The post Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX appeared first on CryptoSlate. дальше »
2023-4-18 23:34 | |
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Congressman advances legislation to fire Gary Gensler, downgrade position
Rep. Warren Davidson (R-Ohio) announced legislation to remove Securities and Exchange Commission (SEC) chair Gary Gensler in a tweet on April 16. Davidson announces anti-Gensler legislation On Twitter, Davidson wrote: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the [SEC] and replaces the role with an Executive […] The post Congressman advances legislation to fire Gary Gensler, downgrade position appeared first on CryptoSlate. дальше »
2023-4-18 22:23 | |
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Research: Bitcoin miners hold strong during Q1, signaling bullish outlook for BTC
Despite a challenging year, Bitcoin started Q1 with a 70% gain, and mining difficulty reached an all-time high. But amidst this growth, what has been the miners' response? CryptoSlate analyzed Glassnode data, uncovering interesting trends in the behavior of the top eight publicly listed mining companies. дальше »
2023-4-18 20:24 | |
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Israel reveals potential scenarios that could lead to CBDC issuance
The Bank of Israel detailed the possible scenarios that could lead to issuing a central bank digital currency (CBDC) — digital shekel (SHAKED) — in an April 17 statement. According to the bank, it was preparing an action plan for the potential issuance of the currency even though it had not yet decided on whether SHAKED […] The post Israel reveals potential scenarios that could lead to CBDC issuance appeared first on CryptoSlate. дальше »
2023-4-17 16:25 | |
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Bitcoin loses 30k support, as futures open interest contracts unwind
Quick Take Bitcoin lost its $30,000 support this morning and is currently at $29,500. Five days ago, CryptoSlate analyzed that open interest jumped by the fifth largest amount in one day. This was a significant driver in pushing the price over $30,000. дальше »
2023-4-17 15:15 | |
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CryptoSlate wMarket Update: Bitcoin dips below $30,000 as outflows exceed $18B
Since the last wMarket report, the cryptocurrency market cap saw net outflows of $18. 7 billion and currently stands at $1. 27 trillion — down 1. 5% from $1. 29 trillion. Over the weekend, Bitcoin and Ethereum’s market cap fell 3% and 1. дальше »
2023-4-17 14:45 | |
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Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023
After the rollercoaster crypto had been riding the past few years, it’s hard to hold back a grin when a new buzzword drops, no matter how much you believe in the Web3 dream. So when Messari rolled out a new name for something that had been around Web3 for a while — DePIN, Decentralized Physical […] The post Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023 appeared first on CryptoSlate. дальше »
2023-4-17 16:00 | |
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Hundred Finance hacked on Optimism, suffers $7 million loss
Hundred Finance, a decentralized finance (DeFi) multi-chain lending protocol utilizing the veHND model, has experienced a significant security breach on the Optimism layer-2 scaling solution. The protocol, which integrates with Chainlink oracles to ensure market health and stability, announced via their official Twitter account on Saturday, April 15, that they had been hacked with losses […] The post Hundred Finance hacked on Optimism, suffers $7 million loss appeared first on CryptoSlate. дальше »
2023-4-16 22:38 | |
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Stablecoins being converted into Bitcoin helped push BTC price over $30k
Quick Take Bitcoins’ resurgence this year has been down to many factors, but one of the main ones is that stablecoins are being rotated into Bitcoin. CryptoSlate has analyzed the depletion of stablecoins on exchanges that ended up being converted into BTC. дальше »
2023-4-16 16:30 | |
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CryptoSlate wMarket Update: Ethereum’s rally above $2,100 pulls broader market along
The cryptocurrency market recently experienced a net inflow of $40 billion, with Bitcoin and Ethereum's market cap showing significant growth. Top assets, including Cardano and Ethereum, posted gains over 6%. дальше »
2023-4-14 14:45 | |
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XRP spikes 4% following Ripple’s latest response to SEC
Ripple XRP grew 4% in the last 24 hours to as high as $0. 53475 at the time of writing, according to CryptoSlate data. The surge in price follows Ripple’s response to the U. S. Securities and Exchange Commission’s (SEC) letter of supplemental authority regarding its motion for summary judgment. дальше »
2023-4-14 13:30 | |
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