Author: e_cash_top

[ad_1] Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia. Mastercard wants the private sector involved in CBDC development…

[ad_1] All major cryptocurrencies saw a sharp decrease in their values following a massive sell-off yesterday, Aug. 17. The global market cap of the crypto industry fell 8% to $1.06 trillion, wiping out over $100 billion. The trading session affected the performance of prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), Ripple (XRP), and…

[ad_1] The U.S. Securities and Exchange Commission (SEC) is set to approve the first exchange-traded funds (ETFs) based on Ethereum futures, according to a Bloomberg report on Aug. 18 The green light from the regulatory body could pave the way for several firms, including Volatility Shares, Bitwise, Roundhill, and ProShares, that have filed to launch…

[ad_1] Quick Take A striking parallel is observed in the price behavior of Bitcoin during the banking collapse in March 2023 and the current market conditions. Before the banking downfall, Bitcoin’s price remained relatively dormant, oscillating in the narrow band of $23,000 to $25,000. The collapse of SVB triggered a fall, pushing Bitcoin below the…

[ad_1] SpaceX’s Bitcoin (BTC) holdings have declined over a two-year period, according to a report from the Wall Street Journal on Aug. 17. According to WSJ, SpaceX wrote down its Bitcoin holdings by $373 million over the course of 2022 and 2021, including by selling the asset. The reporting did not state how much Bitcoin the…

[ad_1] The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank…

[ad_1] The cryptocurrency market is in turmoil today as both Bitcoin (BTC) and Ethereum (ETH) have experienced significant price drops, sending shockwaves across the financial community. As of this writing, Bitcoin has fallen to $26,298.74, marking a 9.04% decline in the last 24 hours, while Ethereum’s price has tumbled to $1,620.54, showing a 10.5% drop…

[ad_1] The U.S. Securities and Exchange Commission (SEC) was granted court permission to move for an interlocutory appeal against Ripple on Aug. 17. A filing shows that Judge Analisa Torres has reviewed submissions from both sides and granted the SEC’s request to file a motion for leave to file an interlocutory appeal. The latest filing…

[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] Grayscale, a prominent U.S. crypto asset manager, teased its hiring process for its ETF (exchange-traded fund) team today, signaling an optimistic outlook on its long-pending Bitcoin ETF application. The announcement came via a tweet that has already garnered over half a million views, further underscoring the financial community’s keen interest in the subject. Long…