Author: e_cash_top
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FTX’s Solana sell-off triggers 7% price drop in crypto asset
[ad_1] Solana’s price fell by around 7% during the last 24 hours after bankrupt FTX transferred 250,000 SOL tokens, worth approximately $14 million, to the Kraken crypto exchange on Nov. 13, according to on-chain data. Blockchain analytical firm Peckshield corroborated this report, adding that FTX also transferred $3.99 million USDT to Binance and Wintermute during…
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Decline in Bitcoin margined futures signals market shift towards stable collateral
[ad_1] Quick Take The prospect of Cboe Digital introducing margin futures trading for Bitcoin and Ethereum in 2024 comes at a time of significant evolution in the crypto collateral landscape. Analyzing the data from Glassnode reveals a steady decline in the number of futures contracts open interest margined in native coins such as BTC over…
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Crypto.com secures preliminary VASP license from Dubai digital asset regulator
[ad_1] Crypto.com has secured a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). The exchange, through its entity CRO DAX Middle East FZE, announced the partial VASP license granting permission for specific virtual asset services. To obtain the full VASP license, the exchange must meet specific conditions VARA sets.…
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UK jobs surprise with lower unemployment and higher wages, stoking inflation concerns ahead of key report
[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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Binance and SEC negotiate confidentiality in landmark legal battle
[ad_1] In the latest chapter of the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Binance, a new joint motion for a protective order emerges, spotlighting the deepening complexities of this landmark case. This development follows the U.S. Chamber of Digital Commerce’s October motion to dismiss the SEC’s case, likening it…
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Binance clients targeted in $27M theft and unsuccessful $13M extortion attempt
[ad_1] Two multi-million dollar thefts against Binance clients, one successful and one only briefly successful, were identified over the weekend. On-chain analyst ZachXBT reported on Nov. 11 that an attacker stole $27 million of Tether (USDT) one day earlier. He noted that the victim’s address is connected to the Binance deployer, an address used to…
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BlackRock denies plans for XRP ETF after false filing sparks rumors
[ad_1] A regulatory filing suggesting that BlackRock is pursuing an XRP exchange-traded fund is false, a representative told CryptoSlate on Nov. 13. The filing, which was submitted to Delaware’s Division of Corporations, closely resembles BlackRock’s filings for its spot Ethereum and spot Bitcoin exchange-traded funds. The filing was filed under the name and address of…
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Purpose Bitcoin ETF holdings soar past 30k, topping $1 billion amid signs of rising institutional interest
[ad_1] Quick Take Overcoming previous setbacks, the Purpose Bitcoin ETF’s holdings recently surpassed a significant milestone of 30k Bitcoin, a first since the Luna collapse in June 2022. Purpose Bitcoin ETF Holdings (Source: Glassnode) Furthermore, its assets under management (AUM) have exceeded the $1 billion mark, underscoring the ETF’s resilience in its 18-month recovery period.…
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Cboe Digital to offer margin futures trading for Bitcoin and Ethereum in 2024
[ad_1] Cboe Digital said on Nov. 13 that it will launch trading and clearing for margin futures on both Bitcoin (BTC) and Ethereum (ETH) in the coming months. The company noted that this model will allow investors to trade futures without posting complete collateral upfront. According to reports from Reuters in June, the current trading…
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Google parent company Alphabet dumps last of its Robinhood shares
[ad_1] Alphabet Inc., Google‘s parent company, has divested itself of 100% of its holdings in Robinhood Markets, per a Nov. 9 13F-HR filing. The firm reported 0 Class A shares in Robinhood (US:HOOD) as of Sep. 30, 2023, down from 612,214 shares from its previous filing on Aug. 4. Robinhood, known for its commission-free trades…