Category: Latest news
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Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million
[ad_1] Quick Take Data from BitMEX shows that on March 5, a staggering $648 million inflow was recorded into the US Bitcoin ETFs, which equates to approximately 10,238 BTC. This was the third biggest day in terms of net inflows since trading began. The principal driver was BlackRock IBIT, with a substantial inflow of $788…
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CEXs saw record-breaking trading volume as Bitcoin touched ATH
[ad_1] On Mar. 5, Bitcoin reached the all-time high it posted in November 2021, breaking through $69,000 in the late afternoon UTC. However, Bitcoin’s stint at its ATH was extremely brief and was quickly followed by a sharp 14% correction that pushed its price down to $59,300. In the early morning of Mar. 6, BTC…
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Worldcoin faces three-month data collection suspension in Spain, WLD price drops 10%
[ad_1] Spain’s Data Protection Agency (AEPD) has ordered Worldcoin to halt personal data collection and processing and cease using already gathered data within the country for the next three months. This directive, issued on Mar. 6, addresses several complaints received by the AEPD against Worldcoin, citing inadequate information provision, data collection from minors, and inability…
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OpenAI counters Elon Musk’s lawsuit, reveals tech mogul predicted their failure
[ad_1] Artificial intelligence company OpenAI has announced its intention to dismiss all allegations made by Elon Musk, revealing the tech billionaire initially assigned the company’s success odds at zero. Responding to Musk’s recent lawsuit alleging a departure from its nonprofit roots, OpenAI unveiled email correspondences shedding light on its interactions with Musk. Last week, Musk,…
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SEC uses insider trading judgment to enhance case against Coinbase, Binance
[ad_1] The US Securities and Exchange Commission (SEC) wants to leverage a decision from an insider trading case to strengthen its lawsuit against several crypto trading platforms, including Coinbase and Binance.US, according to recent court filings. SEC claims ‘insider trading’ case is relevant Last week, the SEC obtained a default judgment against Sameer Ramani, who…
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WOOFi offers 10% bounty in race to recover $8 million stolen in flash loan exploit
[ad_1] The total value of assets locked on the decentralized exchange (DEX) WOOFi plunged by nearly 20% to $45 million after it confirmed it was exploited via a flashloan attack. The hack Earlier today, WOOFi detailed how it fell victim to a hacking episode within 13 minutes. The project explained that a hacker diligently manipulated…
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STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022
[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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Bitcoin ETFs are cheap or ‘How unit bias can extend bullish movement’
[ad_1] One of the more underappreciated aspects of the rise of spot Bitcoin ETFs in the US is the renewed perceived affordability of Bitcoin among new investors. While 1 BTC still equals 1 BTC, investors purchasing shares in Bitcoin ETFs like IBIT, ARKB, BRRR, EZBC, and BITB can do so for under $50 per share.…
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SEC request court to take further action after reaching ‘impasse’ with Binance.US
[ad_1] The SEC filed a joint motion on March 5 requesting the court to take further action against Binance.US over allegedly failing to comply with regulatory requests for information on customer assets. According to the filing, the SEC claims that Binance.US’s inspections have been insufficient, company counsel has refused to answer critical questions, and the…
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Bitcoin and gold are becoming increasingly correlated in conservative investment strategies
[ad_1] In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to monetary policy and interest rate cuts. Analyst Noelle Acheson recently highlighted these trends, noting that their timing coincides with a period where…