Author: e_cash_top
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Osmosis hits $1 billion in monthly volume as interest in Cosmos surges
[ad_1] Cosmos-based DEX Osmosis hit $1.121 billion in monthly volume during December 2023, based on DefiLlama data. The DEX’s native token OSMO has surged on the back of increased activity and is currently trading at $1.51, up 121.97% over the past 30 days, based on CryptoSlate data. It marks the first time the trading volume…
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SEI climbs 22% to hit new all-time high after lackluster launch
[ad_1] The SEI cryptocurrency, the native token of the Sei blockchain, hit an all-time high of $0.79 this week after an impressive 70% surge over the past seven days. This surge in price is attributed to several key developments and indicators in the Sei ecosystem. Based on CryptoSlate data, the price of SEI stood at…
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Crypto tax rules now require reporting of transactions over $10K
[ad_1] New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2. According to CoinCenter, those new rules require anyone who receives at least $10,000 in cryptocurrency to report transaction information to the IRS. Required data includes the name, address, and Social Security number (SSN) of…
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Spot Bitcoin ETFs could get end-of-week approval, FOX reporters say
[ad_1] FOX Business reporters suggested on Jan. 1 that various pending spot Bitcoin ETFs could be approved by the end of the week. Journalist and producer Eleanor Terrett said that the U.S. Securities and Exchange Commission (SEC) has more work to do prior to approvals, writing: “… It would surprise me if approvals were to…
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Bitcoin’s year-end analysis reveals robust growth and resilient investor behavior: CryptoSlate Alpha Snapshot
[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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Long-term Bitcoin holders demonstrate market resilience with a large majority in profit
[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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Grayscale files amended Bitcoin ETF application, omits details of AP and fee structure
[ad_1] Grayscale Investments submitted an amended application for its spot Bitcoin exchange-traded fund (ETF) on Jan. 2, which notably lacks specific details about any Authorized Participant (AP) and the fee structure. The absence has raised questions and drawn attention, particularly from Bloomberg’s senior ETF analyst Eric Balchunas, who highlighted the missing details in Grayscale’s amendment…
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Bitcoin price could hit $50,000 by weekend, Matrixport says
[ad_1] Bitcoin’s price could exceed $50,000 as early as the end of this week because of the prevailing bullish sentiments surrounding the market, according to a Jan. 2 note to investors by digital asset management firm Matrixport. The anticipated approval for a spot Bitcoin exchange-traded fund (ETF) in the U.S., alongside the escalating rate of…
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Bitcoin’s rise to $45k propels crypto stocks to robust year opening
[ad_1] Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000. According to Yahoo Finance data, leading crypto companies like Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, Hive Digital, Canaan, and Hut 8 witnessed considerable price growth during the…
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Bitcoin CME futures and Coinbase show renewed premiums as institutional interest spikes
[ad_1] Quick Take A notable development ensues as Bitcoin enters 2024 with the reappearance of premiums on both Chicago Mercantile Exchange (CME) futures and Coinbase. Data analysis reveals a discernible price discrepancy between CME’s Bitcoin futures, trading approximately at $46,400, and Binance’s BTCUSDT pair, exchanging hands at about $45,300. This almost $1,000 variance emerges as…