Author: e_cash_top

[ad_1] Deposits and withdrawals of USDT among gambling websites through crypto payment platforms are on the rise, according to a report from Wu Blockchain, authored by Bitrace. A study of 20 active online gambling sites revealed that there have been over 5 million USDT new deposits and other related addresses in 2022 with 161 new…

SEC takes aim at influencers for securities fraud; SBF allegedly made political donations in others’ name

Dec 15, 2022

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[ad_1] The biggest news in the cryptoverse for Dec. 134 includes CryptoSlate’s analysis suggesting that the bottom for Bitcoin may not be in yet and Congressman Tom Emmer alleging that SEC Chairman Gary Gensler knew about FTX’s fraud. CryptoSlate Top Stories US authority alleges that SBF donated to politicians using other people’s name An indictment…

Total crypto market cap makes 4 week high to $874B following CPI release

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in Uncategorized

[ad_1] The total crypto market cap recorded inflows of $27.2 billion in the last 24 hours to post a four-week high of $871.4 billion. This suggests investors’ confidence is returning following the FTX scandal and wider, ongoing macro factors. Total crypto market cap The previous market cap local top of $1,064.4 billion was achieved on…

DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition

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[ad_1] ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain. As of press time, ARAX which trades on OTC markets under the ticker ARAT is up 600% on the day hitting $1 from an open of $0.14.…

Active ETH addresses reach all-time high of 1.4M

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[ad_1] Looking at specific transaction types on Dec. 9, CryptoSlate analysts revealed huge movements in stablecoins and ERC20 transactions. This category includes all transactions that initiate ERC20 contracts, excluding the contracts in the Stablecoins category. The chart below represents the volume of these transactions with the purple areas. ETH addresses ERC20 transactions The data demonstrate…

Craig Wright vs Hodlonaut trial could go to second round

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in Uncategorized

[ad_1] Crypto influencer Hodlonaut has updated the community regarding his legal quarrel with Craig Wright and said that Wright appealed his loss and called for a new trial. Hodlonaut said they responded by trying to reason with the authorities as to why Wright’s appeal shouldn’t be heard. “Craig has appealed his loss in Norway. We…

Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points

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[ad_1] The Fed raised interest rates by 50 basis points (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to 4.25-4.5%. Bitcoin reacted with an immediate 3.2% swing to the downside, bottoming out at $17,762 on the 19:00 (UTC) 5-minute candle. Source: BTCUSDT on TradingView.com The post…

On-chain Bitcoin metrics show the bottom may not be in

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in Uncategorized

[ad_1] CryptoSlate’s analysis of on-chain Glassnode metrics indicated mixed results for a Bitcoin bottoming. Previous research published on Sep. 27 looked at the Percent Supply in Profit (PSP,) Market Value to Realized Value (MVRV,) and Supply in Profit and Loss (SPL) metrics, all of which indicated a bottom was forming at the time. In revisiting…

Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December

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