Author: e_cash_top

[ad_1] Quick Take Just before the U.S. market opened on Jan. 16, Grayscale, the world’s largest digital currency asset manager, initiated a significant transfer to Coinbase. The transactions involved shifting 9,000 BTC across nine separate transactions, each valued at around $43.7 million, towards a Coinbase Prime hot wallet, for a total of $387 million, according…

[ad_1] The launch of the spot Bitcoin ETFs in the U.S. marked a watershed moment in the crypto industry. While the impact it could have on the global Bitcoin market, like legitimizing it as an asset class or creating more demand, has been analyzed at length, few have focused on its effects on other regulated…

[ad_1] Pro-crypto presidential hopeful Vivek Ramaswamy has suspended his campaign for office on Jan. 16. In a post on the social media platform X (formerly Twitter), Ramaswamy revealed he was suspending his campaign to support former President Donald Trump’s bid to return to the Oval Office, saying: ” I am suspending my campaign and endorsing…

[ad_1] Stablecoin issuer Tether criticized the United Nations report, claiming that its USDT tokens are being used for illegal activities. In a Jan. 16 blog post, Tether said the monitoring its stablecoins attract from regulatory authority surpasses those of the traditional banking systems. The firm furthered that its assets were extensively monitored by global regulatory…

[ad_1] After months of ETF hype and focus, the start of the COPA (Crypto Open Patent Alliance) v. Wright trial on Feb. 5 marks a pivotal juncture in the Bitcoin narrative, challenging the claims of Craig Wright as Satoshi Nakamoto, the enigmatic creator of Bitcoin. Set against the backdrop of the open-source community’s ethos, the…

[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 The Accumulation Trend Score, a metric that measures the relative strength of Bitcoin (BTC) accumulation by different entity wallet cohorts, has registered a significant shift. Notably, the trend score has plummeted to 0.5, the lowest level since October 2023, just prior to Bitcoin’s monumental rise from $25,000 to $49,000, spurred by the…

[ad_1] Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch. CryptoSlate analysis identified a hot wallet at Coinbase Prime that has surged to the top of the Bitcoin inflow chart over the past week. This…

[ad_1] The approval of the first spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) on Jan. 10 was a significant milestone in the crypto market. However, the milestone led to even more significant volatility in Bitcoin’s price and on-chain activity. Initially, Bitcoin’s price showed a positive reaction to the news of the…

[ad_1] South Korean financial authorities are considering introducing specific regulatory measures for cryptocurrency mixers to curb the misuse of these protocols for money laundering by criminal organizations, local media reported on Jan. 15. The move is driven by the growing concern that mixers, originally designed for privacy protection, are increasingly exploited for illicit financial activities.…