Author: e_cash_top

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[ad_1] The total cryptocurrency market cap saw net inflows totaling $32.1 billion. As of press time, it stood at $935.61 billion, up 3.5% over the weekend. Bitcoin’s market cap grew 3.6% over the reporting period to $370.69 billion from $357.68 billion. Meanwhile, Ethereum’s market cap was up 4.2% to $166.48 billion from $159.70 billion over…

Galaxy Digital pulled out of the $1.2B merger because it could not afford it, says BitGo

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[ad_1] BitGo said that Galaxy Digital’s decision to pull out of the merger deal has nothing to do with its financial statements but with Galaxy’s inability to finance the deal owing to its loss of over $661 million in the first half of 2022. On August 15, Galaxy Digital announced that it would terminate its…

State of Ethereum derivatives market post-Merge

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[ad_1] Previous research conducted by CryptoSlate suggested the Ethereum Merge would be a buy-the-rumor, sell-the-news event. With that coming to pass, as ETH sunk 20% over the last seven days, what does a current analysis of the derivatives market reveal? Ethereum Futures Perpetual Funding Rate Perpetual Funding Rates refer to periodic payments made to or…

MicroStrategy buys additional 301 Bitcoin for $6M

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in Uncategorized

[ad_1] Business intelligence firm MicroStrategy bought 301 Bitcoins for $6 million at an average price of $19,851 per BTC, according to a Sept. 20 filing. According to the filing, it made this purchase between Aug. 2 and Sept. 19. MicroStrategy now holds approximately 130,000 BTC purchased for roughly $3.8 billion. Based on its recent purchase,…

Congress wants to be notified of all crypto rewards payments by DOS

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[ad_1] As the U.S. grows increasingly concerned about sanctions evasions via cryptocurrency, a new bill demands that Congress be notified of all crypto aid provided to Ukraine. The bill, which the House of Representatives deliberated on Sept. 19, has been titled “Russia Cryptocurrency Transparency Act.” The bill asks for the appointment of a Director of…

Nasdaq to offer crypto custody for institutional investors

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in Guides

[ad_1] Nasdaq announced that it will launch a new group dedicated to digital assets in a bid to attract institutional clients. Tal Cohen, the company’s executive president and head of North American markets, said that the new group will initially offer custody services for Bitcoin and Ethereum. This is the first major push Nasdaq has…

Voyager urges Alameda Research to repay $200M loan

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in Uncategorized

[ad_1] Bankrupt Voyager Digital requested that crypto trading firm Alameda Research repay its $200 million loan in a Sept. 19 court filing. According to the filing, Alameda would repay 6,553 BTC (roughly $128 million) and 51,204 ETH ($70 million) to the bankrupt firm. The filing revealed that the Voyager loan included other crypto assets like…

Vitalik Buterin argues that highly decentralized DAOs will be more efficient than corporations

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in Reviews

[ad_1] Ethereum co-founder Vitalik Buterin laid out arguments to support the view that decentralized autonomous organizations (DAOs) could be more efficient than traditional corporations in the presence of highly decentralized governance models. Ongoing conversations in the crypto community suggest that highly decentralized DAOs have been inefficient. Many are of the view that protocols could become more…

Experts argue SEC cannot claim jurisdiction over Ethereum transactions

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[ad_1] Several experts have disagreed with the U.S. SEC’s claim that it has jurisdiction over Ethereum transactions because there are more ETH nodes in the country than any other. SEC claims jurisdiction over ETH transactions In its charges against crypto promoter Ian Balina, the SEC said several U.S.-based investors participated in an investment pool that…

Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26

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