Author: e_cash_top

[ad_1] Options on spot Bitcoin exchange-traded funds (ETFs) may not earn regulatory approval for several months, Reuters reported on Feb. 1. Martin Leinweber, digital asset product strategist for MarketVector Indexes, told Reuters that it may take two to ten months for those options to gain approval. This implies a possible approval date between April and…

[ad_1] Goldman Sachs reported a profit of $2.01 billion in the last three months of the previous year, while Tether’s Q4 report revealed that its profits comprised $1 billion from U.S. Treasury bills and $1.85 billion from holdings in Gold and Bitcoin. This remarkable performance can be attributed to the surge in the crypto market, driven…

[ad_1] The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within the nation starting next week. On Jan. 31, the EIA revealed its intention to initiate a provisional survey targeting commercial cryptocurrency miners. This survey was authorized by the Office of Management and Budget (OMB)…

[ad_1] Welcome to my new weekly column, Core Corner. This feature is focused on Core Blockchain (XCB), a layer-1 ecosystem attempting to reshape the decentralized digital landscape. Last year, I met with the chain’s core developers, CoDeTech, and produced this short documentary on the development up to that point. Since then, the team has launched the…

[ad_1] Polygon Labs has announced a 19% reduction in its workforce, impacting 60 employees across various departments. The decision, announced by CEO Marc Boiron in an internal memo on Feb. 1, is part of the company’s broader strategy to realign its focus on core projects and accelerate its mission in the web3 ecosystem. Staff cuts…

[ad_1] Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s Bitcoin mining operations. This move was announced on Feb. 1, marking a significant development for Ionic, a mining-focused entity that recently emerged from Celsius’s Chapter 11 bankruptcy. Ionic would be led by the former…

[ad_1] Singaporean authorities have recently issued a joint advisory through the Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA), cautioning crypto traders about the escalating menace of digital asset wallet drainers. In their Jan. 31 advisory, the SPF and CSA highlighted crypto drainers’ pivotal role in phishing attacks, specifically helping malicious…

[ad_1] Quick Take Bitcoin’s price rally from October 2023, which saw it soar from $25,000 to $49,000 in January 2024, witnessed the digital asset hitting the $40,000 mark for the first time since April 2022 on Dec. 4. From then on, it steadily consolidated above $40,000 for 49 consecutive days. However, it lost the $40,000…

[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] Quick Take A compelling trend emerged in the Bitcoin landscape in 2023, marked by two distinct spikes in mining fees – one in May and the other in November. Both were directly correlated to a surge in Bitcoin inscriptions, with the May frenzy subsiding after a month, while the November surge endured for approximately…