Author: e_cash_top
-

Institutional Money Is Flowing Back Into Crypto
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Binance’s $4.3 billion settlement with U.S. regulators was a big shift in the mentality of institutional adoption of digital assets, which has suffered many dismissals from institutional players who label digital assets as showy, worthless…
-

Polkadot community greenlights continuous funding for ecosystem innovators
[ad_1] The Polkadot community has approved the Optimistic Project Funding proposal to support projects that enhance the blockchain network’s ecosystem. The proposal received unanimous approval, backed by over 55 million DOT tokens. Optimistic Project Funding Polkadot aims to attract top developers by providing continuous and dynamic funding for their projects. This proposal allows projects to…
-

Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders
[ad_1] Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away. Consequently, short-term holders—those who have held the digital asset for less than 155 days and are particularly…
-

Ethereum HODLing milestone: over 80% unmoved for six months or more
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
-

Why staking was removed from Ethereum ETFs to get SEC approval
[ad_1] The removal of staking from Ethereum ETFs has been driven by regulatory pressures from the US Securities and Exchange Commission (SEC). Issuers amended their ETF filings to exclude staking provisions prior to the approvals on May 23. This strategic shift aims to align with the SEC’s regulatory expectations to allow the approval for their…
-

Bitcoin, Ethereum ETFs stand alone as SEC unlikely to approve non-CME futures listed digital assets
[ad_1] Quick Take On May 23, the SEC approved the Ethereum (ETH) exchange-traded funds (ETF). In January, commercial litigator Joe Carlasare suggested that approving a spot Bitcoin ETF indicated that an ETH ETF was nearly certain. Carlasare’s assertion was based on several key points: ETH futures have been trading on the CME since 2021, establishing…
-

Ethereum ETF approval fails to ignite crypto market, sparking $400 million in losses
[ad_1] Available exclusively via How the SEC’s SAB 121 repeal paves the way for balanced crypto regulation Andjela Radmilac · 4 days ago CryptoSlate’s latest report dives deep into the practical realities of SAB 121’s repeal, examining its implications for the crypto industry and exploring the path forward for regulatory oversight. [ad_2] Source link
-

BlackRock’s IBIT inches closer, trails GBTC by just 4,561 BTC
[ad_1] Quick Take According to Farside data, on May 23, Bitcoin (BTC) exchange-traded funds (ETFs) saw a significant accumulation of $107.9 million. Notably, five out of the 11 tracked ETFs experienced net inflows. Leading the charge was BlackRock’s IBIT, which reported an inflow of $89.0 million, bringing its total net inflow to an impressive $16.2…
-

No vote needed for SEC approval of Ethereum ETF in positive sign for other cryptocurrencies
[ad_1] The SEC approved Ethereum ETFs through delegated authority, a decision that could significantly impact the crypto market. Unlike the Bitcoin ETF approval in January, which required an SEC vote, this approval did not undergo a public voting process by commissioners. This method of approval, as noted by James Seyffart, means any commissioner, such as…
-

Dfinity’s new API boosts Internet Computer smart contracts with cross-chain prowess
[ad_1] Dfinity Foundation has introduced a new API called EVM RPC to enhance cross-chain interoperability for Internet Computer (ICP) smart contracts, according to a May 23 press statement shared with CryptoSlate. EVM RPC allows ICP smart contracts to read and write on any Ethereum Virtual Machine-compatible chain, such as Optimism, Arbitrum, and Base, without relying…