Author: e_cash_top

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[ad_1] Over the past month, Bitcoin’s price has fluctuated with every major macro event and regulatory announcement, such as the SEC’s recent lawsuits against Coinbase and Binance, which allege multiple securities violations and contain language that could reshape the industry. These events have only introduced more volatility, and even though Bitcoin’s price swings have not…

Taiwan’s second-largest telecoms company explores investments in local crypto firms

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[ad_1] Taiwan Mobile, the second-largest telecom company in Taiwan, is reportedly exploring collaborations and investments in local crypto firms, according to a June 13 report from Bloomberg. Taiwan Mobile is engaged in preliminary discussions with crypto platforms for potential strategic partnerships, three unnamed sources told Bloomberg. The government-licensed telecom firm stated that it remains “open…

May CPI report shows disinflation persisting as Bitcoin rises

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[ad_1] Quick Take The U.S. consumer price index report for May came in today with numbers lower than expected. The trend of decreasing inflation persists in the U.S.; however, the core index remains persistently high. Following the release of the CPI report, Bitcoin experienced a boost, increasing by 1.8% to a new value of $26,400.…

XRP outperforms top 10 in stagnant market: CryptoSlate wMarket update

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[ad_1] The cryptocurrency market saw net inflows of $5.7 billion over the last 24 hours and currently stands at $1.06 trillion — up 0.5% from $1.06 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.7% and 0.2% to $507.55 billion and $210.56 billion, respectively. Over the last 24…

Binance sees largest Bitcoin inflow since SEC lawsuit

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[ad_1] Quick Take Binance saw its largest inflow into the exchange yesterday since the SEC lawsuit, driven by a large whale, almost 3,500 Bitcoin ($66 million). This event raises questions as to why a large whale would deposit such a significant amount of Bitcoin while the exchange is currently facing a lawsuit with the SEC.…

BOE faces challenge as yields skyrocket following disappointing jobs report

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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…

Markets anticipate rate hike ‘skip’ at FOMC meeting

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[ad_1] Quick Take The U.S. Consumer Price Index (CPI) report is due at 08:30 ET today and will influence the outcome of the FOMC meeting tomorrow. April’s year-over-year CPI came in at 4.9%. May’s is forecasted to come in at 4.0%. May’s year-over-year core CPI is forecasted to come in at 5.3%. This metric refers…

Galaxy Digital wins dismissal of BitGo lawsuit, looks to non-US markets amid ‘legislative stalemate’

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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…

Polygon Labs announces Polygon 2.0

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[ad_1] Polygon Labs, the developer of leading Ethereum Layer 2 scaling solution Polygon, has announced the rollout of Polygon 2.0, a significant upgrade designed to establish the network as the “value layer of the internet.” “Value Layer” Polygon 2.0 substantially builds upon the L2 chain’s existing network. Unlike the current version—effectively a Layer 2 sidechain…

eToro ending US customers’ access to four cryptocurrencies

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