Author: e_cash_top
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ETH/BTC ratio falls 30% year-over-year amidst rising Bitcoin market dominance
[ad_1] Mining for the future: Bitcoin industry trends in the aftermath of the halving Andjela Radmilac · 22 hours ago CryptoSlate’s latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. [ad_2] Source link
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Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore
[ad_1] Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on the viability and potential integration within the financial markets. Participation in Project Guardian will also involve Memento Blockchain and Interop Labs. The…
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Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn
[ad_1] Quick Take Glassnode data suggests that long-term holders who have held Bitcoin (BTC) for over 155 days are actively accumulating after offloading around 1 million BTC since late 2023. This cohort, known for selling into profits when Bitcoin reaches new all-time highs, has increased its holdings by approximately 70,000 BTC from the cycle bottom.…
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Coinbase users report withdrawal issues despite official ‘resolved’ status
[ad_1] Coinbase said it resumed operations after a system-wide outage that impacted its website, mobile, and API for over three hours. However, several customers of the crypto trading platform on social media claimed this was false as they could still not withdraw their funds. One X user, Nigel Dias, revealed that he attempted to send his…
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US Bitcoin ETFs see largest inflows since May 6 as GBTC outflow stops again
[ad_1] Mining for the future: Bitcoin industry trends in the aftermath of the halving Andjela Radmilac · 18 hours ago CryptoSlate’s latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. [ad_2] Source link
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DeFi landscape shifts as Solana dethrones Ethereum in trading volume
[ad_1] Identifying trends in DeFi requires analyzing activity on decentralized exchanges (DEXs). These DEXs are the cornerstone of the DeFi market, at the center of DeFi activity, and the main driving force of the sector. To understand what drives DeFi, we need to look at the volume, trader activity, and variety of trading pairs on…
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Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion
[ad_1] Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5,…
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US senators challenge DOJ’s broad definition of crypto money transmitters
[ad_1] Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. According to the lawmakers: “The DOJ’s…
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OpenAI introduces GPT-4o model, promising real-time conversation
[ad_1] OpenAI announced a new model, GPT-4o, which will soon allow real-time conversation with an AI assistant. In a May 13 demo, OpenAI members showed that the model can provide breathing feedback, tell a story, and help solve a math problem, among other applications. Head of Frontiers Research Mark Chen noted that, although users could…
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Uniswap founder says Biden administration’s indifference toward crypto could cost elections
[ad_1] Uniswap founder Hayden Adams criticized President Joe Biden’s approach to crypto regulation and said his administration’s perceived indifference to crypto could be a significant miscalculation in the 2024 election. Adams warned in a May 13 post on social media that the administration is ignoring a key issue for many Americans and compared the decision…