Author: e_cash_top
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Robinhood Q3 earnings report reveals plans to launch crypto services in EU
[ad_1] Robinhood has revealed plans to launch cryptocurrency trading in the European Union soon after receiving regulatory approval. The company detailed its growth roadmap in its third quarter 2023 earnings report on Nov. 7. The EU crypto rollout is intended to come after the firm launches brokerage services in the UK, which it says it…
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Assessing Bitcoin’s value relative to inflation
[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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Bitcoin defies market trends with 27% rise during geopolitical tensions
[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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‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody
[ad_1] The push for greater financial freedom and decentralization in the crypto ecosystem continues with the introduction of the “Keep Your Coins Act” to the U.S. 118 Congress by Senator Ted Budd (R-NC) on Nov. 7. The new bill aims to empower individuals to maintain full custody of their digital assets like Bitcoin (BTC) without…
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Bitcoin’s scarcity model hints at massive undervaluation
[ad_1] Quick Take Bitcoin’s Stock-to-Flow (S/F) Ratio, a model built on the premise that scarcity fuels value, appears to be regaining its predictive force. Historically, Bitcoin’s price has moved in tandem with the S/F ratio, making it a potentially useful tool for predicting future valuations. However, the model deviated from predictions around April 2021, during…
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Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion
[ad_1] Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million worth of USN stablecoins into Tether’s USDT. The issue Gaevoy explained that the bankrupt FTX estate had tasked the liquidity provider to…
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Grayscale’s Chainlink Trust shares is trading 200% higher than LINK’s spot price
[ad_1] Grayscale’s Chainlink Trust (GLNK) shares are trading at a substantial premium of over 200% compared to the spot price of Chainlink’s LINK token. Grayscale’s data shows that GLNK shares are trading at $39, while the LINK token’s market value is $12.51 as of press time. This means that the value of GLNK is three…
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Circle eyes IPO as USDC market dominance dips to two-year low
[ad_1] Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly exploring the possibility of going public with an initial public offering (IPO) slated for next year, Bloomberg reported on Nov. 7. Insiders familiar with the matter revealed that the stablecoin issuer had initiated discussions with advisors to facilitate the IPO process. While the…
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Bitcoin’s surge past $35,000 sparks massive $370M inflow to exchanges
[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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Arbitrum community greenlights staking proposal after new mint function removed
[ad_1] The Arbitrum DAO approved a proposal to create a staking mechanism for the ARB token on Nov. 6. The vote follows a community debate on whether to activate staking or not for a number of months now and failed to reach a consensus on the matter for weeks due to disagreements over how the…