Author: e_cash_top
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Coinbase raises bond buyback limit to $180M amid a surge in investor interest
[ad_1] Coinbase increased its bond buyback limit to $180 million and extended its deadline to Sept. 18, according to a Sept. 5 statement. Coinbase extended its deadline due to unexpectedly high interest in its buyback program. The exchange initially proposed repurchasing its 3.625% senior notes, maturing in 2031, at $675 per $1,000 principal amount of…
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Genesis Global Trading ends U.S. over-the-counter trading ‘voluntarily and for business reasons’
[ad_1] Genesis Global Trading is set to shutter its operations later this month, according to an email sent to clients on Sept. 5 and confirmed in a comment to CryptoSlate. The decision to cease the over-the-counter trading platform on Sept. 18 was said to be taken voluntarily and for undisclosed business reasons. The remaining accounts will…
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Bitcoin bull run traced to ‘smart money’ as 40% of total supply held for over three years
[ad_1] Quick Take The onset of the massive Bitcoin bull run can be traced back to September 2020, a period marked by significant price accumulation followed by a monumental ascent from $10k to $60k. The data uncovers notable trends within the Bitcoin supply dynamics. Particularly, the supply that has been held for over three years…
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Visa expands USDC settlements to Solana blockchain in partnership with WorldPay, Nuvei
[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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Mortgage-treasury spreads hit historical highs revealing Bitcoin opportunity
[ad_1] The financial world has long relied on traditional indicators to gauge market health and predict future trends. Among these, the 30-year fixed mortgage rates and the 30-year Treasury yield are pivotal markers. The spread between these two metrics has recently garnered significant attention, reaching historical highs and prompting discussions about its implications for the…
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Dollar ascends to year high with crypto value test just around the corner
[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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South Korea crafts bill to freeze North Korea crypto assets
[ad_1] The South Korean government plans to submit a bill that will enable it to track and freeze crypto assets used by North Korea for its weapons program, local media outlet Korea JonngAng Daily reported on Sept. 4. The National Intelligence Service initially introduced the bill in Nov. 2022. Subsequently, President Yoon Suk Yeon issued…
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Short-term bitcoin holders retreat, reshaping market balance towards long-term investors
[ad_1] Quick Take Bitcoin’s landscape has recently seen a significant shift. Short-term holders, defined as entities holding Bitcoin for less than 155 days, have once again succumbed to selling pressure, with approximately 20,000 BTC being sent to exchanges at a loss. This trend marks the fourth largest exodus of short-term holders this year, exemplifying their…
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Synapse token, TVL slide following major liquidity provider sell-off
[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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Tether now a top global buyer of US Treasury bills amid market turmoil
[ad_1] Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia,…