Author: e_cash_top

[ad_1] Quick Take Despite the seeming prosperity indicated by stock market highs in major economies, including the S&P 500 in the US, DAX in Germany, CAC40 in France, and Nikkei 225 in Japan, a contrasting narrative of technical recessions and growing inequality is emerging. Notably, the United Kingdom and Japan have entered technical recessions –…

[ad_1] Quick Take The Bitcoin network has recently seen a significant uptick in its difficulty adjustment and hash rate, as reported by CryptoSlate. A notable 8% rise in difficulty adjustment, the highest in 12 months, pushed it to an all-time peak of 81.73 T, according to data from Coinwarz. Concurrently, the network’s hash rate –…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] After a brief struggle to regain footing, Bitcoin finally broke through the $52,000 barrier on Feb. 14. While $50,000 was a critical psychological benchmark, trading above $52,000 indicates rising market confidence in Bitcoin and can mean the end of the bear market. During periods of price volatility, especially significant upward movements, it’s important to…

[ad_1] Major US crypto exchange Coinbase published its latest financial report on Feb. 15, including fourth-quarter and full-year results for 2023. For Q4 2023, Coinbase reported a net income of $273 million and an adjusted EBITDA of $305 million. For the full year, it reported a net income of $95 million and adjusted EBITDA of…

[ad_1] Unverified reports on Feb. 15 suggest that Senator Elizabeth Warren’s office has flown an American flag over the US Capitol to commemorate Bitcoin creator Satoshi Nakamoto. A certificate signed by Warren reads: “This is to certify that the accompanying flag was flown … in honor of Satoshi Nakamoto for the 15th anniversary of Bitcoin,…

[ad_1] VanEck will reduce fees on its spot Bitcoin ETF later this month, according to a filing with the US Securities and Exchange Commission (SEC) on Feb. 15. The firm said that its VanEck Bitcoin Trust (HODL) will include a unified sponsor fee of 0.20% when trading begins on Feb. 21. Currently, that fee is…

[ad_1] US banking giant Citigroup has released a comprehensive report detailing the successful integration of Distributed Ledger Technology (DLT) into the private market sector through fund tokenization on the Avalanche blockchain network. According to the report, DLT offers a “significant opportunity” to revamp capital markets infrastructure, enabling innovative investment products and enhancing workflow efficiencies. It…

[ad_1] The Ethiopian government is set to begin mining Bitcoin through a new partnership with Data Center Service — a subsidiary of West Data Group, according to Ethiopia-based Hashlabs Mining CEO Kal Kassa. The partnership was announced by the country’s sovereign wealth fund, Ethiopian Investment Holdings (EIH) on Feb. 15. Under the collaboration, the sovereign…