Author: e_cash_top

[ad_1] ARAX has announced a strategic partnership with the Municipality of Tuzla, Romania, to launch a Decentralized Physical Infrastructure Network (DePIN) project aimed at transforming the city into a smart urban hub. This initiative will leverage ARAX’s advanced blockchain, IoT, and AI technologies to implement intelligent streetlights and other smart city solutions. The project will…

[ad_1] Quick Take On May 30, Farside data revealed that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced another inflow of $48.8 million, marking 13 consecutive trading days of positive inflows. The current record is 17 successive inflows, indicating strong investor confidence in these financial instruments. Among the ETFs, Fidelity’s FBTC witnessed the most significant inflow since…

[ad_1] Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a level not seen since…

[ad_1] VC firm Andreessen Horowitz (a16z) donated $25 million to Fairshake and related entities, a16z crypto Managing Partner Chris Dixon said on May 30. Dixon said the donation would help Fairshake support bipartisan US candidates, promote entrepreneurship, and advance clear rules for digital assets. He added: “…we need to keep up the momentum and show…

[ad_1] Despite being convicted on 34 felony counts of falsifying business records, former President Donald Trump’s pro-crypto presidential campaign shows no signs of slowing down. In a historic moment on May 30, a Manhattan jury found Trump guilty of charges related to hush money payments made to adult film star Stormy Daniels during the 2016…

[ad_1] Bloomberg ETF analyst Eric Balchunas said on May 30 that US spot Ethereum ETFs could launch in June amidst updated BlackRock and Grayscale filings. Balchunas said there is a “legit possibility” that spot Ethereum ETFs will launch by the end of June. He added that an earlier mid-June launch was a “long shot.” Balchunas…

[ad_1] Bitcoin’s spot trading volumes over the past week show a varying level of market activity and sentiment. Bitcoin’s price saw some volatility over the week, peaking on May 25 at $69,270, followed by a slight decline and stabilization around the $68,000 to $69,000 range. This peak corresponds to the lowest spot trading volume in…

[ad_1] Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin futures OI has seen a further rebound recently. As Bitcoin’s price approached $70,000 earlier this year, futures OI reached unprecedented levels, signaling renewed investor interest and market engagement. Past CryptoSlate insights highlighted that the…

[ad_1] The New York State Department of Financial Services (NYDFS) issued new guidelines on May 30 to enhance customer service standards for Virtual Currency Entities (VCEs). The guidelines will come into force starting Nov. 1. The NYDFS said these comprehensive guidelines aim to ensure that VCEs have robust customer service mechanisms that are equipped to…

[ad_1] Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value.” Instead of using a traditional z-score method, the MVRV Z-Score uniquely compares the market value to the realized value. When the market value, measured as network valuation by spot price multiplied by supply, is significantly higher…