Author: e_cash_top

[ad_1] Quick Take Bitcoin experienced a notable dip earlier today, briefly dropping below $67,000 to a low of approximately $66,800, marking a roughly 3% decrease over the past 24 hours. Graph showing Bitcoin’s price on June 11, 2024 (Source: TradingView) According to data from Glassnode, significant spot-selling activity contributed to a total of about $200…

[ad_1] Quick Take Recent data from Farside reveals that 8 out of the top 30 publicly traded Bitcoin miners have achieved market capitalizations exceeding $1 billion. Marathon Digital Holdings leads the pack with a market cap of $5.5 billion, followed by Cleanspark at $3.6 billion and Riot at $2.9 billion. Other notable miners include IREN…

[ad_1] Metaplanet has become one of the top 30 corporate holders of Bitcoin in the world after its recent acquisition. On June 11, Metaplanet announced the purchase of 23.25 Bitcoin for ¥250 million ($1.59 million), averaging ¥10,706,180 ($69,627) per Bitcoin. This transaction increased the company’s total Bitcoin holdings to 141.07 BTC, acquired for ¥1.45 billion…

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[ad_1] Apple announced its personal intelligence system, Apple Intelligence, alongside a partnership with OpenAI that will integrate ChatGPT within its ecosystem. The new system integrates powerful generative models with personal context, setting a new standard for privacy in AI, according to the press release. In text-based apps, the features are capable of proofreading and summarizing…

[ad_1] Onchain Highlights DEFINITION: Ethereum futures perpetual funding rate V2 – All Exchange is the average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. Ethereum’s futures perpetual funding rate…

[ad_1] The world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution and growing diversity in digital currencies, where it compared Bitcoin to gold and deemed Ethereum “digital oil.” The report emphasizes the human capacity for imaginative belief, as noted by historian Yuval Noah Harari, as…

[ad_1] 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…

[ad_1] The US Securities and Exchange Commission  (SEC) acknowledged a proposed rule change for ProShares Ethereum ETF and approved Ark Invest’s exit from 21 Shares’ application on June 10. The agency’s notice on ProShares recognizes but does not approve the proposed rule change. The SEC must act on the proposal within 45 days of publication,…

[ad_1] Bitcoin miner Bitfarms announced that its Board of Directors has unanimously approved a shareholder rights plan — effective immediately — to preserve the integrity of its strategic alternatives review process. The plan, also known as a “poison pill,” is designed to prevent any party from gaining control of Bitfarms without providing fair value to…