Author: e_cash_top
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Bitcoin’s 2024 growth upholds an extraordinary 63% CAGR
[ad_1] Quick Take Data compiled by an anonymous X account, dividendology. Over the past 40 years, the S&P 500 has averaged an 11% annual return. Despite experiencing drawdowns in just seven years—1990, 2000, 2001, 2002, 2008, 2018, and 2022—the index has delivered impressive gains, with the best years exceeding 30% returns, notably in 1985, 1989, 1991,…
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Funding rate volatility shows localized trading imbalances despite market stability
[ad_1] The funding rate for perpetual futures serves as a proxy for market sentiment and shows the balance between long and short positions. Significant deviations from the average funding rate across exchanges can signal potential imbalances in positioning. A spike in the funding rate on a particular exchange shows a large number of long positions,…
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Addressing Scalability Challenges in the Web3 Ecosystem
[ad_1] Avail, a company spun out of Ethereum layer-2 solution Polygon, secured $43 million in a Series A funding round to develop a unified layer that addresses the scalability challenges and fragmentation issues within the Web3 ecosystem, according to a June 4 statement shared with CryptoSlate. This round takes Avail’s total funding to $75 million,…
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Bitcoin ETFs show ‘staying power,’ now landing in Thailand
[ad_1] Thailand looks to ban Facebook next week over crypto ad scams Crime 10 months ago Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. The move to petition the court comes after…
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Positive Bitcoin price action drives renewed interest in Grayscale’s GBTC
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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Core Scientific inks $3.5B AI deal with CoreWeave to diversify beyond bitcoin mining
[ad_1] Core Scientific has entered into a significant 12-year agreement with CoreWeave, an AI hyperscaler backed by Nvidia, to provide approximately 200 megawatts (MW) of infrastructure for high-performance computing (HPC) services. This strategic move is expected to generate over $3.5 billion in total cumulative revenue for Core Scientific during the initial contract term, with an…
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Web3 must stand against the peril of airdrop hunters
[ad_1] The following is a sponsored guest article from Sergey Shashev, the founder of Broxus. From Community Rewards to the Hunt for “Free Money” The community has been a driving force behind the development of Web3 applications and blockchains. However, fostering and engaging a community is challenging, especially for new projects. To tackle this, developers…
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Bitcoin equities shift: MicroStrategy and miners show higher Nasdaq correlation
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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A flat month for miners after a volatile April
[ad_1] April was a month filled with significant activity and volatility for Bitcoin miners. Most of the month was spent anticipating Bitcoin’s halving and the launch of Runes, with many analysts and market experts warning about the outsized impact they could have on the mining sector. As expected, the combination of the halving and Runes…
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Epoch Times CFO charged in multi-million dollar crypto laundering plot
[ad_1] Weidong “Bill” Guan, the Chief Financial Officer of The Epoch Times, has been arrested and charged with orchestrating a $67 million international money laundering scheme. Federal prosecutors allege that Guan, 61, led a complex operation involving the use of digital assets to purchase crime proceeds, including fraudulently obtained unemployment benefits, which were then laundered…