Author: e_cash_top
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Bitcoin’s pivot around $26.6k: key price level shapes trading behavior
[ad_1] Quick Take A detailed examination of Bitcoin’s trading behavior reveals a pivotal price level around $26.6k. Over the last three years, cohorts from 2020, 2022, and 2023 have recorded realized prices closely aligning with this benchmark. Specifically, in 2020 the realized price was $26.6k, in 2022 it was $26.8k, and in 2023 it is…
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Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement
[ad_1] Celsius has filed a motion in its bankruptcy case to resolve ongoing litigation and disputed contracts and claims, seeking court approval of a settlement agreement and purchase agreement with Core Scientific. The information was revealed in a new filing detailed in the Celsius bankruptcy hearing, outlining the mutual agreement to settle most of their…
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Ethereum’s ETHBTC ratio takes a steep dive one year after its historic merge
[ad_1] Quick Take It has been 1 year since the Ethereum merge that led to the burning of over 4 million ETH. This represented a major adjustment to the Ethereum network, effectively reducing the overall circulating supply of the token, thereby theoretically increasing its scarcity. On Sept. 15, 2022, the ETHBTC ratio sat at 0.074…
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Hong Kong lawmaker quiets crypto stability concerns raised by Ethereum co-founder
[ad_1] Hong Kong Legislative Council member Johnny Ng has invited Ethereum (ETH) co-founder Vitalik Buterin to the region so that he can gain insights into its approach to cryptocurrency projects, according to a Sept. 15 post on X, formerly Twitter. On Sept. 14, Buterin, speaking at the Web3 Transitions Summit in Singapore, reportedly advised cryptocurrency…
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F2Pool returns 19 BTC to Paxos after overpayment of over $500k
[ad_1] A recent erroneous Bitcoin transaction that led to an inflated transaction fee of $510,000, nearly 480,000 times the average network fee of $2.176, traced back to Paxos, has been returned. The company acknowledged its mistake, attributing the inflated fee to a bug in a single transfer that has now been rectified by F2Pool, the…
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AI tool 86% accurate in predicting judge verdicts without evidence, only bias in past judgments
[ad_1] According to Axios, Pre/Dicta, an AI-powered database, is reshaping the traditional dynamics of civil litigation by predicting judges’ decisions, thereby assisting lawyers and plaintiffs in efficiently investing their resources. Launched in 2022, Pre/Dicta uses around 120 data points to identify patterns and potential biases in a judge’s past decisions. These data points range from…
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Oil prices have surged 55% during Jerome Powell’s tenure as Fed Chair
[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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ByBit denies earlier reports that the exchange will exit UK
[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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Two more Binance.US executives leave the company as mass exodus continues
[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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Genesis to halt all trading services by Sept. 21
[ad_1] Genesis will soon close all of its services, according to a Sept. 14 report. A Genesis spokesperson was on record saying: “Genesis has decided to stop offering digital asset spot and derivatives trading through GGC International, Ltd. (GGCI)…With this termination of services from GGCI, Genesis no longer offers trading services through any of its…