Author: e_cash_top

[ad_1] Despite Bitcoin’s price staying below the critical $30,000 mark, recent spikes in a key market metric, the Spent Output Profit Ratio (SOPR), suggest the market is in a profit-taking regime. BTC has been flatlining around $29,200, unable to regain the $30,000 level it lost on July 23. While the market anticipates further sideways movements…

[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 jobs and unemployment report for July indicates that the labor market has begun to cool down, in line with the Federal Reserve’s efforts to suppress inflation. Earlier Dow Jones estimates predicted nonfarm payrolls to increase by 200,000, following a rise of 209,000 in June. They fell short of expectations, coming in at 187,000.…

[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] Matter Labs CEO Alex Gluchowski described Polygon Zero’s allegation that zkSync copied their code without proper attribution as “unfounded, misleading, and extremely disappointing,” according to an Aug. 4 post on X, formerly Twitter. Polygon’s plagiarism accusation On Aug. 3, Polygon Zero said Matter Labs copied “performance-critical components” of its Plonky2 zero-knowledge system code without…

[ad_1] Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto services in the US. A Revolut spokesperson told CryptoSlate, the company, together with its US banking partner, will suspend access to cryptocurrencies for its US customers starting Sept. 2, 2023, specifically, “As a…

[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 U.S. Department of Justice (DOJ) is still insisting Sam Bankman-Fried, the disgraced FTX founder, be jailed pending trial after his counsels conceded that he shared Caroline Ellison’s diary with the New York Times, according to an Aug. 3 court filing. The DOJ claimed the action of the former FTX CEO in sharing the…

[ad_1] Leading cryptocurrency exchange, Coinbase, is set to file a motion to dismiss the ongoing lawsuit from the Securities and Exchange Commission (SEC) in its entirety. Uncovered in their recent shareholder letter, this bold counteraction forms part of a broader strategy as Coinbase navigates the crypto industry’s complex and turbulent regulatory seas. “Coinbase will be…

[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…