Category: Latest news

[ad_1] Bitcoin’s surge past $50,000 catalyzed a broader market upswing, propelling numerous large-cap alternative digital assets such as Ethereum (ETH), Solana (SOL), and others to significant gains. According to data from CryptoSlate, Ethereum saw a 7% uptick, reaching $2,661, while SOL surged 8% to hit $114. Among the top 10 digital assets, Avalanche’s AVAX spiked…

[ad_1] Quick Take The recent surge in Bitcoin’s price, passing the $50,000 mark on Feb. 12, the highest level since December 2021, has been mirrored by substantial net inflows into Bitcoin exchange-traded funds (ETFs). BTCUSD: (Source: Trading View) Provisional data by Farside Investors shows that BlackRock’s IBIT witnessed a net inflow of $375 million on…

[ad_1] The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years to counter the rising use of crypto in the country, according to local media reports. Central Bank Governor Eli Remolona Jr. announced the plan on Feb. 12 and said the…

[ad_1] Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), has responded to lawmakers regarding a breach of the SEC’s X account. On Jan. 9, an unknown actor performed a SIM swap attack on the SEC’s X account then published a false message stating that the SEC had approved various spot Bitcoin ETFs.…

[ad_1] Solana Mobile said in a Feb. 12 announcement that it has attained 100,000 preorders for its upcoming “Chapter 2” mobile device. The firm said that those 100,000 preorders occurred over less than 30 days, noting that this number means that the early preorder price ($450) will end in 48 hours. Solana Mobile’s website adds…

[ad_1] Franklin Templeton has become the latest asset manager to apply for a spot Ethereum exchange-traded fund (ETF) with the publication of a Feb. 12 filing. The company detailed its plans in an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). Like other similar proposals, the fund will issue shares representing its…

[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…

[ad_1] More than $11 million worth of digital assets were removed as liquidity from various pools of the controversial crypto project SafeMoon, according to blockchain security firm Cyvers Alert. Following the news, SafeMoon’s SFM token fell 6% to $0.00003134 as of press time, according to CryptoSlate’s data. Liquidity removed In a Feb. 12 post on…

[ad_1] The Korea Financial Intelligence Unit (KoFIU) announced a sweeping plan to enhance supervision of the crypto industry, which includes expelling crypto exchanges that fail to meet stringent operational standards, according to local media reports on Feb. 12. The initiative is part of South Korea’s effort to bolster financial oversight and consumer protection in the…

[ad_1] Large inflows into the newly launched spot Bitcoin Exchange-Traded Funds (ETFs) in the United States have propelled the assets under management (AUM) for crypto-related investment products to a two-year high of $59 billion, according to CoinShares’ latest weekly report. US dominate flows During the past week, digital asset investment products witnessed significant inflows totaling…