Category: Latest news

[ad_1] Coinbase Custody has made adjustments in preparation for its role in pending spot Bitcoin ETFs, Bloomberg reported on Dec. 29. A Coinbase representative said: “We have extensively prepared for ETF approval … Our systems have been designed and tested to handle added trading volume, increased liquidity and general increases in demand on our systems.”…

[ad_1] BlackRock submitted an update to its spot Bitcoin ETF application with the U.S. Securities and Exchange Commission (SEC) on Dec. 29. BlackRock’s filing now names two authorized participants that will be involved in share creation and redemption: Jane Street Capital and JP Morgan Securities. Bloomberg ETF analyst Eric Balchunas noted that JP Morgan’s inclusion…

[ad_1] In a landmark decision, decentralized exchange (DEX) PancakeSwap has successfully passed a proposal to reduce the total supply of its native token, CAKE, to a maximum cap of 450 million from  750 million. The proposal, which closed on Dec. 29, garnered an overwhelming 97.88% approval rate from the voting community, reflecting a significant shift…

[ad_1] Bitfinex predicts the total market capitalization of the cryptocurrency market, currently at approximately $1.6 trillion, is poised to double — potentially reaching a staggering $3.2 trillion, according to its year-end Alpha report. Despite the challenges faced in 2023, including regulatory hurdles and reputation concerns, the company remains optimistic about the resilience and potential growth…

[ad_1] The price of several privacy-focused cryptocurrencies, including Zcash (ZEC) and Monero (XMR), fell the past day after crypto exchange OKX said on Dec. 29 that it would delist them on Jan. 5 because they do not align with its listing criteria. Data from CryptoSlate shows that the entire ‘privacy cryptos’ sector witnessed a decline…

[ad_1] Several Avalanche-based memecoins are up more than 100% today after the blockchain network’s Foundation revealed plans to start buying this class of digital assets through its Culture Catalyst initiative. Memecoin purchase goals In a Dec. 29 post on social media platform X (formerly Twitter), Avalanche Foundation said it would purchase “select Avalanche-based meme coins…

[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] 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] In the crypto market, tracking the supply of stablecoins is essential for understanding liquidity trends. Stablecoins, predominantly used as trading pairs for other cryptocurrencies on exchanges, reflect the flow of funds in the market. The aggregate capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), TrueUSD (TUSD), and…

[ad_1] Quick Take With the countdown to the Bitcoin halving event of April 2024 underway, the digital asset ecosystem is witnessing notable financial shifts. The halving, designed to reduce block rewards by half, is already sparking changes in the miner balance. From an initial 1.833 million Bitcoin held in miner addresses, the balance has dwindled…