Author: e_cash_top

[ad_1] Quick Take As Japan contends with a depreciating yen and rising 10-year bond yields, its economy stands at a unique crossroads. The yen’s fall to a 148-year-to-date low against the US dollar brings with it a mixed bag of economic implications. On the flip side, a weaker yen can potentially boost Japanese exporters by…

[ad_1] Stablecoin issuer Tether (USDT) has silently resumed its secured lending services less than a year after publicly announcing that it would remove it this year. Using Tether’s quarterly financial update, the Wall Street Journal reported that the stablecoin’s issuer loan assets increased to $5.5 billion as of June 30 from the $5.3 billion recorded…

[ad_1] Crypto analytics platform CoinScan secured $6.3 million in a funding round that included Shalom MecKenzie, DraftKings’ largest private shareholder. Per a Sept. 21 statement shared with CryptoSlate, CoinScan differs from other analytics platforms, providing free in-depth crypto charts alongside security features to give traders an edge in the market. How CoinScan plans to revolutionize…

[ad_1] Quick Take A recent analysis by Willy Woo draws attention to the rising dominance of paper Bitcoin (futures open interest value) over the real, liquid Bitcoin traded daily. According to Woo, we are witnessing a period where the trading of paper Bitcoin exceeds that of liquid Bitcoin by 20-30%. This surge in paper Bitcoin…

[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] 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] Quick Take With an outflow realized price of less than $11,000 for Bitcoin, Bitfinex fits the definition of ‘smart money.’ It indicates an astute ability to acquire Bitcoin at a comparatively lower price, emphasizing strategic gameplay in a volatile cryptocurrency market. Furthermore, an analysis of their notable transactions uncovers a substantial Bitcoin withdrawal, one…

[ad_1] Retail crypto borrowers are filing objections to Celsius Network’s bankruptcy reorganization plan, arguing it unfairly favors institutional lenders over retail clients like himself. Johan Bronge, an angel investor who took out several bitcoin-backed loans from Celsius before its bankruptcy, said in a letter to the court that the plan allows institutional lenders to repay…

[ad_1] Quick Take An examination of Bitcoin’s revived supply, the total number of coins re-entering circulation after remaining dormant for a minimum of 1 year, reveals significant activity. In a single day, a staggering 40k Bitcoin were shifted out of long-term holder wallets, marking the highest level of movement since July and the second largest…

[ad_1] The Federal Open Market Committee (FOMC) confirmed today that the benchmark interest rates will remain steady at 5.25% to 5.50%. Speaking after the meeting, US Federal Reserve Chairman Jerome Powell, was anticipated by many, especially considering the 525 basis point increase in the policy rate since March 2022. This brings the current rate to…