Author: e_cash_top

[ad_1] Commodity Futures Trading Commission (CFTC) investigators have reportedly found that crypto lending platform Celsius Network violated US regulations before bankruptcy. These violations also implicated the firm’s former CEO, Alex Mashinsky, as reported by Bloomberg. If the CFTC’s commissioners concur with the investigation’s findings, legal proceedings against Celsius and Mashinsky could commence within the month.…

[ad_1] The Bitcoin and the S&P 500 Index have historically shown a near-perfect correlation with net liquidity, a key market metric often overlooked in market analysis. However, as of June 2023, this correlation appears to be waning, potentially signaling a significant shift in market dynamics. Graph showing the correlation between net liquidity, Bitcoin, and the…

[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] 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] Twitter has obtained money transmitter licenses in three U.S. states, according to records in the Nationwide Multistate Licensing System database. Those records indicate that Twitter’s applications were approved in Michigan, Missouri, and New Hampshire between June 29 and July 3, 2023. The company’s Michigan and New Hampshire licenses are called “Money Transmitter Licenses.” Incidentally,…

[ad_1] The Federal Reserve provided new details about the outcome of its mid-June meeting in a minutes document published on July 5. Those minutes reaffirmed that the group aims to keep the federal funds rate — or target interest rate — at 5% and 5.25% in the immediate future. The Fed also said it aims…

[ad_1] Larry Fink, CEO of BlackRock, liked cryptocurrencies—and Bitcoin and particular—to “digitizing gold” while praising Bitcoin as an “international asset” in an interview with Fox Business today. Fink said: “Bitcoin is not based on any one currency, and so it can represent an asset that people can play as an alternative. It’s digitalizing gold in…

[ad_1] Bankrupt crypto lender Celsius Network moved around $70 million worth of altcoins on July 5 following the recent court approval to sell them for Bitcoin (BTC) and Ethereum (ETH). Data from Arkham Intelligence showed that the lender had moved millions of altcoins and stablecoins to different wallets, including those related to crypto market maker…

[ad_1] Hut 8 Mining Corp, one of North America’s largest digital asset miners, has recently published its 2022 Environmental, Social, and Governance (ESG) Report. The report, which aligns with the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI), is a step in the crypto industry’s ongoing struggle with sustainability. The cryptocurrency industry…

[ad_1] In an email sent to customers on July 5, crypto payroll company Bitwage announced it would disable payments in USD Coin (USDC) for U.S. residents. Over the past month, financial regulators in the U.S. have increased their regulatory scrutiny of the crypto space, bringing charges against major crypto firms, including Binance and Coinbase. The…