Author: e_cash_top

[ad_1] Quick Take Bloomberg crypto market analyst Jamie Coutts stated that carbon emissions have declined despite an increase in Bitcoin energy usage. Over the last few years, the Bitcoin hash rate – the computational power dedicated to Bitcoin mining – has quadrupled. Surprisingly, this substantial increase has only resulted in a slight 6.9% rise in…

[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] On Sep. 12, Bitcoin surpassed the $26,000 mark after stagnating around $25,000 for an extended period. Though this price movement has brought a hint of optimism to the market, an analysis of the behavior of long-term holders is crucial for a comprehensive understanding. Graph showing Bitcoin’s price between Sep. 9 and Sep. 14, 2023…

[ad_1] Roni Cohen-Pavon, the former chief revenue officer of the now-bankrupt cryptocurrency lender Celsius Network, has pleaded guilty to U.S. criminal charges related to the collapse of the crypto lending network last year. Reuters reported this morning that Cohen-Pavon pleaded guilty to four charges, including manipulating the price of the exchange’s token, CEL. Cohen-Pavon, along…

[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 The European Central Bank (ECB) has initiated a rate hike of 25 basis points, causing the ECB rates to now stand at 4%. This move, aimed at tightening monetary policy, has had a significant impact on foreign exchange markets, particularly influencing the EUR/USD pair. The pair experienced a sharp decline, dropping to…

[ad_1] Coinbase CEO Brian Armstrong urged the U.S. Commodity Futures Trading Commission (CFTC) against “creating enforcement actions against decentralized (DeFi) protocols” because “it’s highly unlikely the Commodity Exchange Act” applies to them, according to a Sept. 14 post on X (formerly Twitter). According to Armstrong, these protocols are not “financial service businesses” and should take…

[ad_1] Decentralized finance (DeFi) protocols have seen a substantial decrease in the total value of assets locked (TVL) on them in recent months due to the current bearish sentiments saturating the market. However, this decline has not impacted the Real-World Assets (RWA) subsector, which has experienced significant growth during the period, with its TVL  more…

[ad_1] According to the latest Pantera Capital Blockchain Letter, the crypto market may finally turn a corner after a brutal bear market in 2022, and leading Ethereum layer 2 solution Arbitrum is emerging as one of the biggest beneficiaries. As Pantera’s letter illustrates, “Arbitrum is a massive share taker within the Ethereum ecosystem, and Ethereum,…

[ad_1] In a significant move towards realizing the potential of digital asset innovation, Circle is set to pilot Web3 customer experiences in Singapore through a strategic partnership with Grab, Southeast Asia’s super app for transport, deliveries, payments, and more. Circle’s latest offering, a new Web 3 Services platform, is slated for integration in the Grab…