Author: e_cash_top

[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] 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] Quick Take In a wild 24-hour ride, Bitcoin’s value underwent a rollercoaster of fluctuations, skyrocketing to a peak of $64,000, subsequently plunging to $59,000, before making a recovery to above $60,000. BTCUSD Bitstamp: (Source: Trading View) This climb triggered a wave of liquidations, totaling roughly $800 million in the digital asset ecosystem, according to…

[ad_1] Speculators on crypto derivatives suffered significant losses in the past day, totaling around $774 million, marking the highest single-day loss of the year due to volatile market swings. Bitcoin, the bellwether digital asset, surged to its highest level since November 2021, surpassing the $63,000 mark in a remarkable rally. However, the euphoria was short-lived…

[ad_1] Quick Take Bitcoin Exchange-Traded Funds (ETFs) are witnessing a remarkable surge, setting a new record with the biggest day of inflows to date. Data from BitMEX shows a $673 million inflow in a single day, the equivalent of 11,122 Bitcoin. ETF Data in dollars: (Source: BitMEX) The spike in inflows signifies an increased interest…

[ad_1] Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer platform, according to CryptoSlate sources. Meanwhile, the Financial Times reported that two Binance executives have been detained in the country, with their passports seized. The Binance employees had traveled to Nigeria to resolve the country’s ban…

[ad_1] The New York State Department of Financial Services (NYDFS) reached a settlement agreement with Winklevoss-owned crypto exchange Gemini. The NYDFS announced the settlement in a press release published on Feb. 28. The regulator said that Gemini failed to protect its customers adequately and had multiple compliance issues. Superintendent Adrienne Harris said: “Gemini failed to…

[ad_1] Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2 network for Bitcoin called Anduro to build upon the flagship crypto’s ecosystem. Marathon chairman and CEO Fred Thiel said: “2023 was a record-breaking year for…

[ad_1] Online brokerage Webull decided to cut its crypto offerings because of the unfavorable regulatory landscape in the US as it waits for approval to list on Nasdaq via a special purpose acquisition company (SPAC), Bloomberg News reported on Feb. 28. The company said that its previous attempt to carry out an initial public offering…

[ad_1] Crypto index and basket protocols aim to allow users to gain exposure to a group of assets through a single token. On the latest episode of CryptoSlate’s SlateCast podcast, host Liam “Akiba” Wright and CEO Nate Whitehill spoke to Alvara Protocol co-founder Dominic Ryder about his project’s goal of creating an open standard for…