Category: Latest news
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Gemini gains ground in France with official Digital Asset Service Provider registration
[ad_1] Crypto exchange Gemini has been registered as a Digital Asset Service Provider (DASP) in France by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, according to a Jan. 17 statement. The registration would enable it to cater to retail and institutional customers in France. Moreover, the regulatory milestone would also grant…
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Zero-Knowledge infrastructure can secure ‘trillions’ in institutional money in 2024: Interview Polygon Labs
[ad_1] In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, discussing various pivotal aspects shaping the future of blockchain and cryptocurrency. This interview explores the impact of traditional financial instruments like ETFs on the crypto market, the significant strides…
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USDC doubles market share on centralized crypto trading platforms to over 10%
[ad_1] USD Coin (USDC), the second-largest stablecoin by market capitalization, has seen its market share on centralized crypto trading platforms grow significantly during the past months. Data from Paris-based crypto intelligence platform Kaiko showed that USDC’s market share doubled to over 10% from around 5% in September 2023, mainly due to the rising volumes recorded…
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Bitcoin ETFs exploded with $10 billion traded in first days, overshadowing combined 2023 ETF launches
[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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Old and HODLed Bitcoin is on the move with whales active
[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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Grayscale outflows add further $800 million BTC liquidity to Coinbase Prime OTC desk
[ad_1] Quick Take According to Arkham Intelligence data, Grayscale transferred another 18,400 BTC to a Coinbase Prime hot wallet on Jan. 17. Sent in several 1,000 BTC transactions, the Bitcoin was valued at around $800 million as of press time. On Jan. 16, a similar transfer worth $387 million was also conducted by Grayscale, again…
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New Bitcoin ETFs did in 3 days what Gold took 36 days to achieve with $1.8 billion in assets
[ad_1] One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres through their daily attestations reveals some illuminating data. For clarity and transparency, all data…
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Cathie Wood-led ARK Invest divests BITO shares to double down on in-house Bitcoin ETF
[ad_1] Asset management firm ARK Invest has strategically incorporated the Ark 21Shares Spot Bitcoin ETF (ARKB) into its Next Generation Internet ETF (ARKW), according to the company’s latest trade filing seen by CryptoSlate. In this move, the Cathie Wood-led firm liquidated 757,664 shares of the ProShares Bitcoin Strategy ETF (BITO) at an approximate value of…
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Bitcoin’s 200-week moving average breaks above $30,000 in market milestone
[ad_1] Quick Take Bitcoin’s short-term price action is currently navigating through an intriguing phase. For the first time, Bitcoin’s 200-week moving average (WMA) has surged above $30,000, indicating a significant shift in the baseline momentum of Bitcoin’s classic four-year cycle. This 200 WMA has historically been a consistent support system, barring a few instances, such…
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Nearly $2 billion in dormant Bitcoin moves after five years
[ad_1] Quick Take The digital asset market has seen a remarkable event as approximately $1.9 billion worth of Bitcoin – about 44,800 BTC – has surged back into circulation after a dormant period of over five years. The transactions happened around 1:30 GMT, even before the US market opened. It is important to note the…