Author: e_cash_top

[ad_1] The U.K.’s Financial Conduct Authority (FCA) said on Oct. 25 that many crypto firms are failing to meet its new promotion requirements. The relevant rules came into effect on Oct. 8. Those rules require companies to warn users that they could lose their entire investment by investing in some crypto products. The rules also…

[ad_1] Bitcoin (BTC) witnessed a notable price surge in the past week, climbing well above the previously coveted $30,000 mark. The sharp increase affected all market participants, especially the short-term holders. These are entities or individuals who’ve held onto their Bitcoin for less than 155 days. Their behavior, particularly during market rallies, offers valuable insights…

[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…

[ad_1] Bitfinex Securities has announced the launch of its first tokenized bond offering. According to a tweet from Paolo Ardoino, the current CTO and incoming CEO of Bitfinex, this milestone marks a “new era for capital raises through deep liquid markets and stock/fond markets,” with Tether’s USDT. The bond will leverage Blockstream Liquid, a sidechain-based…

[ad_1] Quick Take A deep dive into Bitcoin’s issuance reveals a fascinating trend as the next Bitcoin halving event approaches. The current monthly issuance of Bitcoin stands at 27,000 BTC, calculated from 900 Bitcoin mined each day over 30 days. An analysis of various cohorts, along with exchanges and miners, unveils a significant absorption of…

[ad_1] Polygon Labs has deployed the contract for its new POL token on the Ethereum (ETH) mainnet. POL is positioned as a next-generation hyperproductive token that will replace MATIC and is designed to play a significant role in the forthcoming Polygon 2.0 upgrade. “POL will power a vast ecosystem of zero knowledge-based Layer 2 chains…

[ad_1] Coinbase accused the U.S. Securities and Exchange Commission (SEC) of overstepping the boundaries of its powers in an Oct. 24 court filing. The exchange argued that the SEC’s classification of crypto assets listed on its platform as securities falls outside its jurisdiction, further alleging that the regulatory body seeks to redefine the criteria for…

[ad_1] Input Output Global (IOG), the company behind Cardano (ADA), has appointed two former Algorand (ALGO) executives to lead its new stablecoin-focused venture. In an Oct. 23 statement, IOG revealed that it had appointed Sean Ford, a former CEO of Algorand, to helm the affairs of the unnamed stablecoin venture. David Markley, another former executive…

[ad_1] Binance, the largest cryptocurrency exchange by trading volume, is reportedly backing HKVAEX, a Hong Kong-based cryptocurrency trading platform, to secure a local crypto license in the region, the South China Morning Post (SCMP) reported on Oct. 25. HKVAEX was established in Dec. 2022 as a separate entity but reportedly shared resources with Binance. HKVAEX…

[ad_1] Quick Take The recent surge in Bitcoin’s price has triggered a remarkable volume of liquidations. On Oct. 23, Bitcoin-specific liquidations amounted to $160 million, contributing to $190 million in liquidations that day. This trend persisted into Oct. 24, with short liquidations totaling $70 million and long liquidations totaling $50 million. Comprehensively, the liquidations for…