Author: e_cash_top
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Bitcoin investors show staying power with 43% of supply untouched for over three years
[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…
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Spot Bitcoin ETF expected by just 39% of financial advisors this year: Bitwise survey
[ad_1] Bitwise reported on Jan. 4 that surveyed financial advisors largely do not expect a spot Bitcoin exchange-traded fund (ETF) to be approved this year. The company’s results suggest that most do not believe the U.S. Securities and Exchange Commission (SEC) will soon approve such a fund. It wrote: “In a surprising development, only 39%…
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Marathon sets new record after mining 1,853 Bitcoin in December
[ad_1] Marathon Digital achieved a record-breaking production of 1,853 Bitcoin (BTC) in December 2023, marking the highest monthly total ever recorded by a public BTC mining company. The growth represents a significant 290% year-over-year increase and a 56% rise from the previous month. Marathon chairman and CEO Fred Thiel attributed the achievement to the company’s strategic…
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California senator proposes new legislation to ‘democratize’ AI resources
[ad_1] Senator Steve Padilla (D-San Diego) proposed new legislation in the form of Senate Bills 892 and 893 to establish a robust and ethical AI framework in California, according to a Jan. 3 press release. The proposed rules mark a significant step toward harnessing AI’s potential while ensuring its safe and responsible use, particularly in…
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Coinbase UK mandates risk acknowledgment from users under new FCA rules
[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…
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Bitcoin ETF decision may be ‘imminent’ as VanEck, Grayscale file exchange registration form: Bloomberg Analyst
[ad_1] Three hopeful ETF candidates, Grayscale and Fidelity, and VanEck have now filed their form 8-A with the U.S. Securities and Exchange Commission (SEC), marking significant steps forward in the ongoing efforts to establish a spot Bitcoin ETF. These filings are crucial as they signify the registration necessary for issuers to trade on an exchange…
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The three-week trend of Bitcoin surpassing Ethereum in transaction fees has come to an end
[ad_1] Quick Take A recent uptrend in Bitcoin transaction fees is a development that has proven beneficial for miners. From Dec 14 to Jan 3, Bitcoin consistently surpassed Ethereum regarding transaction fees, marking three weeks. While not unprecedented, this phenomenon was noteworthy given the typically lower Bitcoin transaction fees. Interestingly, a similar trend surfaced briefly…
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Visa unveils web3 loyalty platform allowing brands to create custom branded crypto wallets
[ad_1] Visa has revealed a new web3 loyalty engagement solution designed to meet modern consumers’ evolving digital needs, offering immersive experiences like gamified rewards, augmented reality treasure hunts, and novel ways to utilize loyalty points. The promotional video for the service states that “traditional loyalty programs are simply an exchange of spend and reward, but…
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Record-breaking Solana USDC volume signals growing stablecoin dominance
[ad_1] Solana-based USD Coin (USDC) transaction volume surpassed that of USDT on the Tron blockchain, according to data from blockchain intelligence platform Artemis. Data from the platform shows that Solana USDC transfer volume reached more than $60 billion on Jan. 1, while that of Tron USDT was around $34 billion. Stablecoins Transfer Volume (Source: Artemis)…
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Bitcoin miners increase capacity though Inscription-fueled transaction fee surge cools ahead of halving
[ad_1] Cipher Mining and Stronghold Digital started the new year by announcing significant expansions in their Bitcoin mining capabilities, scaling up operations in response to changing market dynamics. These developments come as Bitcoin miners adapt to an evolving landscape where transaction fees, bolstered by new technologies like Inscriptions, are increasingly vital in revenue generation. Bitcoin…