Author: e_cash_top

[ad_1] Quick Take Recent CryptoSlate analysis revealed a significant shift in the crypto market sentiment influenced by profitable Bitcoin withdrawals from exchanges. The average withdrawal prices for cohorts categorized by date paint an intriguing picture of the market-wide cost basis. The all-time average withdrawal price stands at $12,003, escalating gradually with every passing year and…

[ad_1] Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information. While Sun’s statement failed to reveal the extent of the attack, blockchain security firm CertiK reported…

[ad_1] Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion…

[ad_1] Quick Take Bitcoin is experiencing a bullish breakout, indicated by the realized price, the average cost at which all existing Bitcoins were last moved, surpassing the realized price for long-term holders (LTHs). The realized price now stands at $20,796, slightly above the LTH realized price of $20,725. The LTH realized price represents the average…

[ad_1] Quick Take On Nov. 9, the crypto market saw significant turmoil, with over $400 million in liquidations. There was a notable change in open interest, especially for Bitcoin and Ethereum. The majority of Bitcoin’s open interest now sits in the U.S. capital markets, with the Chicago Mercantile Exchange (CME) playing a dominant role. This…

[ad_1] Hayden Adams, the Uniswap founder, has refuted rumors of a $2 million exploit on the decentralized exchange (DEX), attributing the misinformation to phishing scammers. Fake Uniswap exploit In a Nov. 10 post on X, Adams shared screenshots exposing the spread of false claims by scammers targeting Uniswap users. These scammers replicated the X accounts…

[ad_1] Bitcoin’s (BTC) recent rally to a yearly high of more than $37,000 has pushed MicroStrategy‘s multibillion-dollar bet on the flagship digital asset into a whopping profit of more than $1 billion. The premier cryptocurrency climbed to nearly $38,000 on Thursday, marking its highest point since May 2022. At the time, the crypto market witnessed…

[ad_1] Japan’s largest investment bank, Nomura Holdings, is launching an Ethereum-based fund for institutional investors through its digital assets subsidiary Laser Digital Asset Management, according to a Nov. 9 press release. The “Laser Digital Ethereum Adoption Fund SP” fund marks the second installment in a series of digital adoption investment solutions introduced by Laser Digital…

[ad_1] Bitwise Asset Management said that it has no connection with another firm of the same name whose founders are facing charges. The asset management firm wrote on Nov. 9: “San Francisco-based Bitwise Asset Management, Inc., the largest crypto index fund manager in America, has no relationship with, and has never had a relationship with,…

[ad_1] The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set out rules in various areas, including smart contract development. The current announcement says that the act has been adopted with 481 votes in favor and 31 votes against, with 71 abstaining votes. The act…