Author: e_cash_top

[ad_1] The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset. According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.92 billion; Marathon Digital, $1.83 billion; Cipher Mining, $0.74 million; Hut 8 Mining, $0.5 billion; and…

[ad_1] Quick Take A significant shift in the Bitcoin derivatives market has been observed, with Bitcoin Options Open Interest (OOI) surpassing Futures Open Interest (FOI) for the first time in the quarter. This shift, marked by an OOI of 395k BTC and an FOI of 393k BTC, occurred last Thursday, coinciding with a substantial market…

[ad_1] DEX aggregator 1Inch withdrew over $40 million worth of cryptocurrencies from its investment fund and purchased $10 million worth of Ethereum during the early hours of Aug. 28 at an average price of $1650, according to Etherscan data. A breakdown of the withdrawals showed that the DeFi platform withdrew 41.8 million worth of Tether’s…

[ad_1] Decentralized exchange Balancer confirmed that its V2 pools were exploited for an undisclosed sum despite its previous warning about vulnerabilities. In an Aug. 27 post on its official X account, the Ethereum-based protocol revealed that its mitigation procedure was able to minimize the impact of the exploit. However, users are advised to withdraw their…

[ad_1] Quick Take The Bitcoin network has witnessed a significant milestone, with its hash rate peaking at 400 terahashes per second (th/s), a first in its history. This development is particularly noteworthy considering the ongoing energy crises in Texas and escalating electricity prices globally. The growth pattern closely mirrors the events preceding the 2020 halving,…

[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] After a blistering start to life that saw it generate much hype and interest from the cryptocurrency community, top metrics of the decentralized social media platform Friend.tech have significantly dropped within the past week. Trading volume is down 94% CryptoSlate, using Dune Analytics data compiled by TK Research, saw that trading volume on the…

[ad_1] Ben Armstrong, the influential figure behind BitBoy Crypto, has reportedly left the company, leaving the crypto community in speculation. According to a screenshot shared by Bitcoin author Jason A. Williams on X, Armstrong’s exit from “Hit Network/BJ Investment Holdings and all its subsidiary brands, including BitBoy Crypto and Around The Blockchain,” is effective immediately.…

[ad_1] Quick Take The Accumulation Trend Score, created by Glassnode, offers a detailed breakdown of the cryptocurrency acquisition behavior of different entity wallet cohorts. The algorithm calculates this score by evaluating the size of these cohorts and the quantity of Bitcoin they amassed during the last fortnight. A score closer to 1 implies that the…

[ad_1] The Hong Kong Monetary Authority (HKMA) said that blockchain-based bonds have showcased the potential for “significant operational improvements” in the bonds market, the South China Morning Post reported. Hong Kong’s central bank issued HK$800 million worth of blockchain-based green bonds under a tokenization initiative launched in February called Project Evergreen. The project used distributed…