Author: e_cash_top

[ad_1] French banking giant BNP Paribas disclosed it has begun purchasing shares of BlackRock’s iShares Bitcoin Trust (IBIT) and currently holds a small exposure to Bitcoin through the ETF. The firm’s latest 13F filing, dated May 1, indicates that the bank holds 1,030 shares of IBIT and values the shares at $41,684. BNP Paribas’ IBIT…

[ad_1] Senators Elizabeth Warren and Angus S. King, Jr. have formally addressed top Biden administration officials in a letter concerning US efforts to combat Iran’s utilization of crypto mining as a means to evade international sanctions. Addressed to Secretary of Defense Lloyd Austin, National Security Advisor Jake Sullivan, and Treasury Secretary Janet Yellen, the letter…

[ad_1] Quick Take After the launch of the first Gold ETF SPDR Gold Shares (GLD) in 2004, the precious metal embarked on a remarkable bull run, soaring from around $430 to $1,800 per ounce by August 2011. This surge has fueled optimism that Bitcoin could potentially experience a similar, if not more impressive, ascent for…

[ad_1] Web 3 development platform Moralis said it has added support for Polkadot’s parachain Moonbeam Network across its Application Programming Interface (API) suite, according to a press statement shared with CryptoSlate. Moralis helps developers solve issues they face when transitioning from Web2 systems to decentralized blockchain apps through its APIs. The Moralis APIs can be used…

[ad_1] In the latest episode of the SlateCast, Liam “Akiba” Wright and Nate Whitehill welcomed Bob Bodily, the CEO and co-founder of Bioniq, to discuss the future of Ordinals, the programmability of Bitcoin, and the potential impact of these developments on the broader crypto ecosystem. Bodily, a passionate advocate for the decentralized and permissionless nature…

[ad_1] Quick Take Bitcoin’s 20% decline from its all-time high has raised concerns about the potential impact on the ongoing bull run. To better understand the current market conditions, we can analyze Bitcoin’s price against key moving averages, widely used technical indicators in the digital asset space. One of the most crucial moving averages is the…

[ad_1] Quick Take Farside data shows that on May 1, Bitcoin exchange-traded funds (ETFs) suffered a record $563.7 million outflow – the worst single-day performance since their inception. This massive capital exodus marked the sixth consecutive trading day of withdrawals, aligning with Bitcoin’s over 20% plunge from its all-time high. BlackRock’s IBIT saw its first…

[ad_1] Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state. These legislative initiatives respond directly to concerns raised…

[ad_1] In the latest episode of the SlateCast, CryptoSlate welcomed David Tse, CEO and co-founder of Babylon Chain, to discuss the groundbreaking concept of Bitcoin staking and its potential to secure Web3. Joining David was Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, who delved into the intricacies of this innovative protocol and…

[ad_1] MicroStrategy’s chairman, Michael Saylor, revealed the firm’s ambitious plan to introduce a decentralized identity solution called MicroStrategy Orange on the Bitcoin network during his Bitcoin For Corporations talk on May 1. Saylor underlined the potential of establishing a universal standard with the distinctive orange checkmark, envisioning it as a global alternative to the commonly…