Category: Latest news
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MicroStrategy pivots to Bitcoin development, flaunts $3.5 billion in unrealized profit
[ad_1] MicroStrategy is rebranding into a Bitcoin development company to reflect the success it enjoys with the flagship digital asset. In a Feb. 12 CNBC interview, Michael Saylor, the company’s executive chairman, said: “MicroStrategy is now a Bitcoin development company, in the same way you would see a real estate or petroleum developer.” This move marks…
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ENS considering $300k settlement over eth.link litigation
[ad_1] ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a contentious dispute over the eth.link domain name with the decentralized autonomous organization (DAO) governing the platform. The settlement offer includes confidentiality and non-disparagement clauses, according to the Feb. 13 proposal. The legal contention began in August 2022 after the domain,…
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Ledger teams up with Coinbase to offer direct to cold storage crypto purchases
[ad_1] Leading self-custody wallet Ledger has joined forces with Coinbase to enhance accessibility for self-custody users seeking to purchase cryptocurrencies. According to a Feb. 13 statement shared with CryptoSlate, this collaboration introduces the integration of Coinbase Pay into Ledger Live, simplifying the crypto purchasing process and broadening access for new users. This integration facilitates a pathway for…
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Bitcoin ETF inflows in US mark largest price boost since approval
[ad_1] Quick Take An in-depth analysis of Bitcoin price variations across different regions, based on a 30-day metric, reveals intriguing patterns. The data from 8 am to 8 pm in Eastern, Central European, and China Standard Time provides insights into regional influences on Bitcoin price changes during typical work hours. On Feb. 5, CryptoSlate observed…
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Short term holders in profit sent record Bitcoin to exchanges on road to $50k
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Bitcoin retreats below $49k as CPI release dashes hopes of rate cuts
[ad_1] Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data. The flagship crypto was trading at $48,753 as of press time — a notable deviation from its recent upward trajectory. The dip liquidated…
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Bitcoin miners to get instant non-custodial rewards via Lightning Network
[ad_1] Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning Network, Titan Lightning facilitates direct on-chain disbursement of rewards to miners’ non-custodial wallets after every new block discovery on the Bitcoin network. This departs…
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Coinbase unfreezes Debt Box assets amid SEC controversy
[ad_1] Coinbase has lifted the freeze on Debt Box’s assets after discovering discrepancies in the Securities and Exchange Commission’s (SEC) representation of its case against the firm. In a Feb. 13 post on social media platform X (formerly Twitter), Paul Grewal, Coinbase chief legal officer, highlighted the SEC’s flawed actions, saying the temporary restraining order…
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Binance founder Changpeng Zhao sentencing rescheduled for April 30
[ad_1] Binance co-founder Changpeng Zhao’s sentencing, initially set for Feb. 23, has been rescheduled for April 30, as disclosed in a Feb. 12 court filing. Zhao faces potential imprisonment of up to 18 months based on US guidelines and provisions. However, the prosecutors have hinted at the possibility of seeking the statutory maximum prison sentence…
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With Bitcoin’s rally, derivatives market indicators signal changing tides
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…