Category: Latest news

[ad_1] The AI blockchain sector’s combined market cap has more than doubled to $25.1 billion in less than a month as the world remains engrossed in developments in AI technology, according to CryptoSlate data. Overall, the market has increased roughly 150% from $9.64 billion on Feb. 16. The sector has also seen short-term growth, with…

Uzbekistan taps Tether to boost crypto, blockchain development and regulation

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[ad_1] Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop a regulatory and legal framework for digital assets in the country, according to a March 7 press release. NAPP is the primary government agency overseeing crypto regulation and development, according…

Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

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[ad_1] US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC). Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy. The Fed chair’s testimony aimed to quell fears over privacy concerns, emphasizing that the Federal…

Total Bitcoin ETF net inflows reach $8.9 billion

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[ad_1] Quick Take BitMEX data showed $332 million in inflows into Bitcoin ETFs, equivalent to 4,995 Bitcoin, on Mar. 6. Leading the charge was BlackRock’s IBIT, which added $282 million to its coffers, bringing its total net inflows to $9.4 billion. This implies that IBIT currently holds around 188,000 BTC. Table showing BTC ETF inflows…

Tether co-founder believes Bitcoin could hit $300K based on historic patterns

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[ad_1] Tether co-founder William Quigley said Bitcoin could potentially surge to $300,000 at the peak of the current bull market, based on historical patterns of past halvings. He shared the insight during an interview with CNBC, where he discussed the market conditions influencing Bitcoin as the halving approaches. Quigley clarified that his analysis is not a…

Montenegro decides to extradite Do Kwon to South Korea in retrial

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[ad_1] The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as…

Short-term holders transfer record $4.3 billion in profits to exchanges

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[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…

Tesla and SpaceX’s Bitcoin holdings unveiled by Arkham Intelligence

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[ad_1] Arkham Intelligence has identified the on-chain Bitcoin addresses of Elon Musk‘s companies, Tesla and SpaceX. In a Mar. 7 social media post on X (formerly Twitter), Arkham disclosed that Tesla possesses 11,510 BTC, valued at $780 million, spread across 68 addresses. Additionally, SpaceX holds 8,290 BTC, equivalent to $560 million, distributed across 28 addresses.…

Pantera eyes $250 million in discounted Solana tokens from FTX estate

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