Author: e_cash_top
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Understanding the U.S. central banking system’s approach to all things crypto
[ad_1] Despite some concerns within the web3 community about the Federal Reserve’s understanding of the evolving digital landscape, recent evidence suggests that these fears may be unfounded. The Fed has been diligently studying the intricacies of the web3 ecosystem and the technology underpinning it. As the central bank formulates its perspectives on stablecoins, central bank…
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Coinbase approved to offer perpetual futures trading to non-U.S. residents by Bermuda Monetary Authority
[ad_1] Crypto exchange Coinbase has announced its international exchange has received regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to non-U.S. retail customers. As per Coinbase, users can verify their eligibility for this offering on the platform, with those meeting the criteria gaining access to the product in the following weeks.…
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Bitcoin sees rising demand in the UK as British pound struggles
[ad_1] Understanding Bitcoin’s (BTC) valuation against various currencies isn’t merely a matter of numbers — it’s about grasping global economic tides, gauging investor sentiment, and pinpointing geopolitical fluctuations. By juxtaposing Bitcoin against different fiat currency trading pairs, we gain insights into regional economic health, investor behavior, and potential macroeconomic shifts. Recent market trends point to…
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BitMEX may offload $100M digital assets amid insurance fund reallocation
[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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Bitfinex teams up with Zodia Custody in boost to institutional trading
[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 futures market stagnation hints at robust $25,000 support level
[ad_1] Quick Take Current data shows an intriguing shift in the Bitcoin futures market. Bitcoin’s open interest, referring to the total number of funds poured into open futures contracts, has dipped below 1.9% of the market cap, representing roughly 373,000 Bitcoin according to Glassnode. This is one of the lowest levels seen this year, indicating…
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Huge week for AI as tech giants Meta, Amazon, Microsoft all make big plays
[ad_1] The past week has been marked by several significant advancements in AI, with tech giants and startups pushing the boundaries of what can be accomplished. From OpenAI’s groundbreaking update to its popular AI chatbot, ChatGPT, to Meta’s announcement of AI-powered smart glasses, the landscape of artificial intelligence is evolving rapidly, fueling competition and innovation.…
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Central Banks look to unlock DeFi possibilities in cross-border CBDCs
[ad_1] The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has successfully concluded the testing phase of Project Mariana, an initiative focused on the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs.) This milestone achievement demonstrates the potential of decentralized finance (DeFi) concepts and…
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Binance advises Euro users to shift to USDT as Paysafe ends banking services
[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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SEC insists on U.S. deposition for detained Terraform Labs co-founder Do Kwon
[ad_1] The Securities and Exchange Commission (SEC) is seeking to depose Terraform Labs co-founder Do Kwon in the U.S. by Oct. 13, according to a legal filing reviewed by CryptoSlate. This comes despite Kwon currently being detained in Montenegro pending potential extradition. Kwon’s legal team argues it is impossible for him to appear for a deposition…