Author: e_cash_top
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URPD metric indicates a lack of liquidity for Bitcoin below $60,000
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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JP Morgan CEO calls Bitcoin ‘Ponzi Scheme’ despite serving as Authorized Participant for BlackRock ETF
[ad_1] JPMorgan Chase CEO Jamie Dimon reiterated his strong skepticism toward Bitcoin on April 18, calling it a “fraud” and a “Ponzi scheme” despite the lender’s involvement in BlackRock’s spot BTC exchange-traded fund (ETF). Dimon, who has a history of critiquing the digital currency, made the latest comments during an interview on Bloomberg TV, where…
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Tether champions decentralized systems expanding tech, AI, education and financial reach
[ad_1] Since its inception, Tether has expanded from a stablecoin to a financial linchpin in developing regions, according to its CEO Paulo Ardoino, speaking at Token 2049 in Dubai. Asserting its new role as an ecosystem architect with the launch of a multi-divisional framework aimed at fostering resilient, future-ready financial systems. The company, known for…
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Polkadot introduces JAM upgrade and 10 million DOT prize to enhance network capabilities
[ad_1] Gavin Wood, Polkadot’s founder, introduced the Gray Paper outlining the upcoming Join-Accumulate Machine (JAM) upgrade for the network. This announcement was made during Wood’s presentation on Polkadot’s future at the Token2049 crypto conference in Dubai. Web3 Foundation, the entity behind Polkadot, further announced a 10 Million DOT prize pool to foster diversity within the…
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Holding Bitcoin has been unprofitable only on these days
[ad_1] Quick Take According to data gathered by Newhedge over the past 5,024 days, dating back to 2010, Bitcoin has been profitable for an impressive 4,947 days. This means that the digital asset has only experienced 77 days of being unprofitable, equating to a 98.5% profitability rate. Despite the recent bearish sentiment in the market,…
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Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Nym Technologies joins Liquid Federation to boost Bitcoin layer-2 privacy and security
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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BITB, Bitwise’s BTC ETF, experiences first outflow since launch
[ad_1] Quick Take Bitcoin ETFs experienced significant outflows on April 17, with Farside data showing a $165.0 million outflow, the largest since April 8. Grayscale GBTC saw outflows of $133.1 million, bringing its total net outflows to $16,594.7 billion. Ark ARKB also recorded an outflow of $42.7 million, resulting in total inflows of $2,194.5 billion.…
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Bitcoin Ordinals Game Boy inspired gaming handheld and hardware wallet sells out instantly
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India
[ad_1] Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data. In an April 18 statement, Binance confirmed transferring 100% of SAFU’s assets to the USDC stablecoin. According to the firm, its “use of a trusted, audited, and transparent stablecoin for SAFU…