Author: e_cash_top

[ad_1] Fundstrat Global Advisors managing partner Tom Lee predicts Bitcoin (BTC) could surge to $150,000 within the next 12 months and potentially leap to $500,000 in the next five years. Lee made the statement during an appearance on CNBC’s “Squawk Box” on Jan. 10. His comments come amid significant anticipation in the financial markets concerning…

[ad_1] Quick Take HODL waves, a visual depiction of Bitcoin’s supply based on when it last moved, are revealing a budding cohort in the digital asset domain. Short-term holders, defined as those retaining Bitcoin for a maximum of 155 days. Looking specifically at investors who have held for three months or less are increasing in…

[ad_1] Quick Take A noteworthy shift is visible in the landscape of Bitcoin futures contracts, as evidenced by the current state of open interest margined in native Bitcoin (BTC). There has been a significant fall in BTC-margined futures contracts, down from a peak of 240,000 BTC during the 2021 bull market to an all-time low…

[ad_1] Quick Take K33 Research analyst Vetle Lunde has highlighted the growing robustness of BITO’s Assets Under Management (AUM). The surge, marked by the fourth most substantial daily inflow on Jan. 9, consisted of 4,555 Bitcoin. This comes close to the standout days of its launch last year, Oct. 19 and 20, 2021, which recorded…

[ad_1] Crypto custodial service provider BitGo has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI), according to a Jan. 10 statement. MPI-licensed companies in Singapore hold the authority to conduct their operations without encountering the transaction limits set at 3 million Singapore dollars, or $2.2…

[ad_1] Blackrock has dropped its ongoing fee for its proposed spot Bitcoin ETF to just 0.25% with a promotional offer of 0.12% for the first $5 billion in assets, or twelve months, in an updated S1 filing submitted early Jan. 10. “The Sponsor’s Fee is accrued daily at an annualized rate equal to 0.25% of…

[ad_1] Social Media platform X (formerly Twitter) revealed that the U.S. Securities and Exchange Commission (SEC) official account was compromised, in part, due to a lack of vital security measures, including two-factor authentication. On Jan. 9, the SEC’s X account was compromised and used to post fake news about approving a spot Bitcoin exchange-traded fund…

[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] Following the fake news, BTC’s value surged to nearly $48,000, as it immediately grabbed significant attention, prompting premature celebrations among crypto enthusiasts anticipating this groundbreaking decision. Subsequently, the asset price swiftly plummeted to $45,100 after it was revealed that the SEC’s account had been compromised. SEC Chair Gary Gensler refuted the news of the…

[ad_1] A new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee has released a comprehensive report — “Decentralized Finance” — outlining the risks inherent in the burgeoning field of Decentralized Finance (DeFi). Spearheaded by CFTC Commissioner Christy Goldsmith Romero, the report raises critical concerns about the lack of clear responsibility and accountability…