Author: e_cash_top

[ad_1] Quick Take The recent data analysis indicates a critical shift in Bitcoin futures contracts, particularly in the wake of the Grayscale lawsuit. Bitcoin open interest, the total number of outstanding futures contracts, has suffered a significant reduction, with a rough estimate of 400,000 Bitcoin in futures contracts representing one of the lowest readings year-to-date.…

[ad_1] A United States District Court has denied one of Sam Bankman-Fried’s pretrial defense motions. According to the court filing, U.S. District Judge Lewis A. Kaplan dismissed SBF’s Motion in Limine No. 1, which sought to bar the government from introducing evidence produced to the defense after July 1. Earlier in August, SBF’s defense team…

[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] The days since Grayscale’s critical court win against the SEC have seen the company face challenges and opportunities. On Aug. 29, a court ruled that the SEC must reconsider Grayscale’s application to transform its GBTC fund into a spot Bitcoin ETF, overturning the SEC’s initial denial on grounds that the decision was “arbitrary and…

[ad_1] Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash (PH) belonging to bankrupt crypto lender Celsius at its Alpha Site, according to an Aug. 31 press statement. According to the statement, this represents part of an arrangement that could see it manage up…

[ad_1] The U.S. Securities and Exchange Commission (SEC) postponed decisions regarding proposed rule changes related to spot Bitcoin ETFs on Aug. 31. The SEC’s latest round of notices pushes back decisions on proposed rule changes from Fidelity (Wise Origin), VanEck, WisdomTree, and Invesco, all of which intend to offer a spot Bitcoin ETF via Cboe…

[ad_1] Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token. Coinbase company further announced that trading would begin on or after 9:00 AM PST on Aug. 31, assuming liquidity conditions are met. Though the asset will be available on Coinbase’s primary…

[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] Venom blockchain-based decentralized marketplace Valicit has sold over 230,000 tickets within 24 hours before the Numi Stories Club 404 game’s launch on Venom’s testnet. According to a statement shared with CryptoSlate, the tickets grant players early access to the multiplayer features of the Numi metaverse’s Numi Stories game. Numi Games Numi Stories is “reminiscent of…

[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…