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] President Joe Biden has once again commented on the need to close crypto “loopholes” while touting his economic policies. Speaking in Chicago, President Biden shared his economic vision for America in what he claimed had been dubbed by legacy media outlets, “Bidenomics.” During the speech, he addressed the failures of the trickle-down approach and…

[ad_1] North Carolina House Bill 721 has been passed to explore the benefits and implications of holding cryptocurrencies and precious metals in the state treasury. The bill was introduced on Apr. 18, passing the House on Jun. 28 after the third reading, with 73 in favor, 40 against, and seven absent. Section 1 of the…

[ad_1] Binance has suffered further blows to its European business as the exchange confirmed to CryptoSlate that its Euro payment partner, Paysafe, will stop its bank transfers services from September 25. A Paysafe spokesperson corroborated the development to CryptoSlate in a June 29 email, saying that the firm had taken “the decision to cease offering…

[ad_1] Bitcoin’s (BTC) correlation with the Nasdaq sank to 3% in June, according to data from Kaiko – indicating diverging sentiment between cryptocurrencies and tech stocks. The price-performance for the leading cryptocurrency in June was between $24,800 and $31,360, opening the month at $27,200. BlackRock’s spot Bitcoin ETF filing on June 15 was a bullish…

[ad_1] According to data from Glassnode, Bitcoin‘s Over-The-Counter (OTC) holdings, an often-overlooked aspect of cryptocurrency trading, have surged to their highest level in the past year, with inflows consistently outpacing outflows since May 2023. Source: Glassnode Over-The-Counter (OTC) trading denotes the direct exchange of assets like Bitcoin between two parties, bypassing the traditional exchange. This…

[ad_1] Crypto exchange Coinbase has filed a motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it, describing it as an “extraordinary abuse of process,” according to a June 28 filing. SEC’s “about-face” Coinbase argued in its filing that the SEC’s lawsuit stems from a shift in the regulator’s approach to the…

[ad_1] BlackRock acknowledged artificial intelligence (AI) as one major economic shift in a mid-year outlook report published on June 28. BlackRock calls AI a “digital disruption” The asset management giant called artificial intelligence a “digital disruption” and a force that can be leveraged through new investment opportunities. The company said that it has an outsized…

[ad_1] While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to…

[ad_1] Quick Take The Bitcoin network has experienced a 2% drop in its difficulty adjustment, marking the fourth such decrease in 2023. With approximately a quarter of all adjustments this year showing a negative trend, the hash rate acceleration is evident. Currently, the hash rate stands at around 364 trillion (Th/s). Despite the recent decrease,…