Author: e_cash_top

[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] Binance is shuttering operations in the Netherlands after failing to secure a virtual asset provider license from the Dutch central bank. As part of its exit, Binance has offered to move users’ assets for free to rival crypto exchange Coinmerce, which has secured regulatory authorization to operate in the country. The exchange will cease…

[ad_1] Quick Take The United Kingdom is currently facing a challenging financial environment as its household and government debt levels rise alarmingly. Household debt has skyrocketed, reaching 200% of the country’s Gross Domestic Product (GDP), while the government debt has equally grown, constituting 100% of GDP. The impending threat of interest rate hikes makes these…

[ad_1] Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering. The Prosecutor’s Office of Georgia alleges Bachiashvili misappropriated a “large amount” of cryptocurrency,…

[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] Bitcoin (BTC) miners sold a significant amount of their mined Bitcoin in June to fund their operations, according to Glassnode data analyzed by CryptoSlate. According to the chart below, miners’ exchange flow peaked at 4,710 BTC on June 20—the highest rate of the past five years. Other days of the month also saw significant…

[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] Quick Take Bitcoin: A Critiqued Investment Since its inception in 2009, Bitcoin has often been disparaged as a financial bubble. Now, in 2023, Bitcoin is valued at over $30,000, offering a significant return for investors over the past fourteen years. The price of Bitcoin even surged by 1,000% in a mere 600-day timeframe. From…

[ad_1] The U.S. Securities and Exchange Commission (SEC), alongside bankrupt crypto firms FTX and hedge fund Three Arrows Capital (3AC), have objected to BlockFi’s bankruptcy plans, according to July 5 court filings. SEC opposes BlockFi’s plans In its filing, the SEC argued that the clauses in BlockFi’s proposed plans were ambiguous and broad, as they did…

[ad_1] Binance’s regulatory challenges in various jurisdictions in June appear to have resulted in a significant decline in users’ crypto assets. Binance users withdraw assets. The exchange’s latest proof of reserve snapshot, taken on July 1, showed that users’ Bitcoin deposits fell by 3.5% to 592,450 BTC from 614.800 recorded on June 1. This meant…