Author: e_cash_top
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Stablecoin settlements were on par with payments giant Visa during 2022
[ad_1] Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new report by European hedge fund Brevan Howard. In 2022, the stablecoin market settled an eye-watering value of over $11 trillion, drawing parallels to payments giant Visa’s annual figure of $11.6 trillion and overshadowing the…
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Tokenization is a life-saving pill for global finance’s diversity problem
[ad_1] When the subject of financial markets and their future is raised, the implementation of blockchain technology and tokenization of assets gets mentioned a lot. In light of the progressing digitization of many industries, the technology has the potential to democratize investment possibilities, open up new financial opportunities, and in doing so, revolutionize the global…
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Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor strategy
[ad_1] Quick Take Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to nearly $300 million or 10,000 BTC. This substantial withdrawal was majorly facilitated by Bithumb, a leading global exchange, which now retains only 8,500 Bitcoins. This event represents not only an intriguing case…
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Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo
[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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The case for raising the Fed’s inflation target to 3%
[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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Pepe founder blames ‘nefarious ex-team members’ for unexpected $16M withdrawal
[ad_1] On Aug. 24, 16 trillion Pepe tokens (PEPE), worth around $15.7 million at the time, were unexpectedly withdrawn from the project’s multi-signature centralized exchange wallet. An anonymous founder of the meme coin pointed the finger at three former team members as the culprits behind the transfers in a post on Aug. 25. The transfer,…
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Bitcoin market poised as heightened seller exhaustion indicates low-risk bottom
[ad_1] Quick Take The Bitcoin market in 2023 displays an interesting revelation: a marked escalation in seller exhaustion. To put it in perspective, this rare occurrence has only occurred roughly 15 times in Bitcoin’s history, with an unusual concentration of four incidences in 2023 alone. The metric, defined by the product of the Percentage Supply…
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U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents
[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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How Bitcoin’s falling reserve risk counters its price decline
[ad_1] Last week, Bitcoin’s price dropped from $29,400 to a low of $25,000. While this decline might appear modest given Bitcoin’s historical volatility, it signifies a notable departure from the tight trading range observed over the past two months. Yet, even amidst this volatility, the confidence of long-term holders remains unshaken, a sentiment that is…
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Bitcoin block production trend suggests early 2024 halving event
[ad_1] Quick Take Based on the latest data analysis, Bitcoin’s current block production rate indicates an intriguing trend for the year 2023. At present, the pioneering cryptocurrency is generating one block approximately every 9.83 minutes. This pace, which is determined by the current hash rate and difficulty projections, underlines the robust processing power of the…