Author: e_cash_top
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Singaporean VC firm Foresight Ventures buys 80% stake in The Block
[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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Despite 120% YTD growth, Bitcoin’s path may follow historical market corrections
[ad_1] Quick Take As of 2023, Bitcoin has demonstrated a robust rise of over 120% YTD, potentially signaling the onset of a new bull run. However, in keeping with historical precedents, this incline should not be expected to continue unabated without any market corrections. It is important to note that market corrections are a normal…
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Bitcoin’s realized profits surge as market braces for 2024 halving
[ad_1] Realized cap offers a unique perspective on market behavior, representing the flow of capital in and out of Bitcoin (BTC). The realized cap is calculated by applying price stamps to each Bitcoin at the time of its last transaction, offering a more nuanced view of the market value than the traditional market cap. At…
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Bitcoin fund holdings hit record high as ETF anticipation stirs optimism
[ad_1] The total number of Bitcoin (BTC) held by funds has hit an all-time high amid the increasing market optimism about the potential approval of a spot exchange-traded fund (ETF) in the U.S. Data from ByteTree shows that the amount of BTC held by funds increased by more than 20,000 in October to its record…
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The practicality of Web3: Usability, security, and democratization
[ad_1] Newconomics 2023 is set to explore the intersection of technology and economics in the modern digital world as the conference opens its doors to the public for the first time on Nov. 14 and Nov. 15 in Lisbon. The event will dissect decentralized finance, NFTs, and user experiences, focusing on pragmatism. Newconomics will also explore…
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Investor confidence in digital assets soars as ETP inflows surpass $1 billion in 2023
[ad_1] The latest CoinShares report for Nov. 13 reveals a sustained influx of capital into digital asset ETPs, marking a significant milestone in the current fiscal year. Last week’s inflows amounted to $293 million, contributing to a year-to-date total that surpasses $1 billion, an indicator of burgeoning interest from investors. This surge in ETP inflows…
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Aave unpauses V2 and V3 markets after addressing critical security bug
[ad_1] Aave said its V2 and V3 markets are operational after a temporary pause earlier in the month due to security concerns. The lending protocol reopened operations on its V2 protocol earlier today, Nov. 13, saying: “All Aave V2 markets are now operational. Security of the Aave Protocol is a non-negotiable priority for the community.…
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Ordinals and Celestia surge as investors eye innovation in digital assets
[ad_1] Price movements among high-volume tokens over the past 24 hours have seen several tokens outperform Bitcoin and Ethereum, which saw a 0.45% loss and 0.05% gain, respectively, by some margin. Leading the pack with remarkable gains, Ordinals (ORDI) and Celestia (TIA) have showcased impressive surges, highlighting the ever-evolving landscape of digital assets. Name Price…
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Bithumb sets sights on 2025 South Korean IPO on KOSDAQ amid leadership overhaul
[ad_1] South Korean cryptocurrency exchange Bithumb is eyeing a listing on the Korean Securities Dealers Automated Quotations (KOSDAQ) via an Initial Public Offering (IPO) in 2025 as part of its expansion strategy, according to a local media report. The IPO is a pivotal step for Bithumb to position itself as a formidable competitor against Upbit,…
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Bitcoin mining difficulty hits record 65T ahead of halving, securing network further
[ad_1] Quick Take On Nov. 12, the Bitcoin difficulty underwent another upward adjustment of 3.5%, marking the fifth consecutive rise in a row similar to the trend observed from February to April. Now at an unprecedented 65T, the Bitcoin difficulty mirrors the continuous surge in the hash rate. Difficulty Adjustment: (Source: Glassnode) Over a 7-day…