Author: e_cash_top

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[ad_1] Litecoin, one of the oldest digital assets in the industry, has recently seen a significant resurgence. After a period of relative obscurity, the “digital silver” to Bitcoin’s digital gold suddenly surged into the limelight. Litecoin’s price has risen by 183% since last year’s June lows, with a 60% increase in just the last two…

Kraken says it fought IRS to protect clients against identity theft, other potential harms

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[ad_1] Kraken, a leading crypto exchange, commented on the outcome of a recent case in a statement emailed to CryptoSlate on July 3. A company representative said: “We fought the IRS because they sought intrusive and unnecessary information about U.S. clients… Were this information leaked by the IRS, it would expose Kraken clients to identity…

Nasdaq refiles BlackRock’s spot-Bitcoin ETF application, names Coinbase as surveillance-sharing partner

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[ad_1] Nasdaq has resubmitted BlackRock’s spot-Bitcoin exchange-traded fund (ETF) filing on July 3 after clarifying that it intends to enter a surveillance-sharing agreement (SSA) with Coinbase — which will serve as the spot-Bitcoin exchange required by the SEC. The move mirrors the other applications filed by Cboe Global Markets on behalf of global asset manager…

Binance spot trading plunges 70% following regulatory pressures and reintroduction of Bitcoin fees

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[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…

Bitcoin-adjacent stocks boom as BTC surges, other US equities remain flat

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[ad_1] Quick Take In a noteworthy development, Bitcoin has surged past the $31,000 mark. However, in stark contrast, both the Nasdaq and the S&P 500 indexes remained relatively unchanged, further emphasizing Bitcoin’s apparent negative correlation with traditional equity markets. In addition, companies heavily invested in Bitcoin have also seen a significant uptick. MicroStrategy and Coinbase,…

Navigating the Bitcoin surge: A deep dive into Implied Volatility

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[ad_1] Quick Take Glassnode describes “Implied Volatility” as the market’s forecast of price fluctuations. When we know the cost of an option, we can calculate the anticipated volatility of the asset it represents. To put it formally, implied volatility (IV) represents the expected range of an asset’s price movement over a year, within one standard…

Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime

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[ad_1] Belarus wants to ban peer-to-peer crypto transactions and introduce legislation that requires citizens to use regulated crypto exchanges, according to a July 2 statement from the country’s Ministry of Internal Affairs (MVD) VKontakte page. According to the Ministry, cybercrime is rampant in the country, with scammers cashing out and converting stolen funds into cryptocurrencies.…

Asia crypto hubs introduce new bans to lending, staking for retail investors

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[ad_1] The Asian crypto hub Singapore and neighboring Thailand have released new directives over the handling of digital assets in two announcements on July 3. Singapore’s six new requirements for crypto businesses The Monetary Authority of Singapore (MAS) issued six new requirements for crypto firms to protect crypto investors. In addition to the new rules,…

Poly network services ‘remain suspended’ after another major hack

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