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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI

Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […] The post Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI appeared first on CryptoSlate. дальше »

2024-6-14 03:11


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Are Investors Ditching Ethereum For Bitcoin? Data Could Say So

On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […] дальше »

2024-6-14 02:00


Bitcoin Transactions At All-Time High, But Active Addresses Collapse: What’s Going On?

Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been showing a divergence in its activity-related metrics recently. […] дальше »

2024-6-13 07:00


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Arbitrage Overdrive: Why Bitcoin ETFs Aren’t What They Seem, According To Expert

Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has highlighted this trend based on data concerning these funds’ ownership and trading patterns. дальше »

2024-6-13 03:00


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Is Bitcoin Overheated Right Now? This Metric Suggests No

Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the “Growth Rate” metric for Bitcoin. дальше »

2024-6-13 20:00


Bitcoin Whales Buy While Market Panics As $950M Worth Of BTC Leaves Exchanges

On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post on X, exchanges have seen significant withdrawals over the last couple of days. The on-chain metric […] дальше »

2024-6-13 20:00


Crypto Exodus: Bitcoin, Ethereum Lead Migration From Exchanges

Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin (BTC) and Ethereum (ETH) from centralized exchanges. Latest data shows user balances for both leading cryptocurrencies have sunk to four-year lows, with analysts interpreting the move as a bullish signal for the future. As investors […] дальше »

2024-6-11 12:15


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Litecoin In Uphill Battle: Strong Resistance Might Block Recovery

On-chain data suggests Litecoin potentially has a major amount of resistance waiting just ahead, making a recovery more difficult for LTC’s price. Litecoin Has A Large Supply Wall Waiting At Levels Just Ahead As pointed out by X user Trader Kamikaze using data from the market intelligence platform IntoTheBlock, a large amount of LTC investors bought at levels that are coming ahead. дальше »

2024-6-11 05:00