Category: Latest news

[ad_1] Cathie Wood’s asset management firm ARK Invest’s Next Generation Internet ETF (ARKW) sold all its positions in Grayscale’s Bitcoin Trust (GBTC) on Dec. 27 and purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO), according to the company’s latest trade filing. ARK divesting positions in COIN and GBTC The trading activity continues a…

[ad_1] The New York Times (NYT) Company has taken legal action against Microsoft Corporation and various entities associated with OpenAI for alleged infringement on its intellectual property. The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that Microsoft and OpenAI used NYT’s copyrighted material to train their artificial…

[ad_1] In a detailed blog post dated Dec. 27, Ethereum founder Vitalik Buterin outlined a significant shift in Ethereum’s approach to Proof-of-Stake (PoS) validation following its Shanghai upgrade. Ethereum currently supports many validators, with approximately 895,000 validator objects enabling a broad individual and entity participation base. This is a key feature of Ethereum’s decentralized structure.…

[ad_1] The Russia-linked cryptocurrency exchange Bitzlato announced a temporary halt on certain withdrawal requests on Dec. 27, despite having had its assets seized by French authorities in January. The company wrote in a Telegram message: “… We are faced with the need to suspend special balance withdrawals and technical support. This is a temporary measure…

[ad_1] Quick Take The Realized Price, a crucial metric in digital market analysis, denotes the aggregate price at which each Bitcoin was last spent on-chain. This metric provides a nuanced picture of investor behavior, particularly when dissected through the lens of Short- and Long-Term Holder heuristics. The Short-Term Holder Realized Price, reflecting the average on-chain…

[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] The crypto market offers a unique perspective on asset valuation through the concept of realized capitalization. For Bitcoin, the realized cap provides invaluable insight into its economic footprint and investor sentiment. Traditionally, market capitalization is calculated by multiplying the current market price of an asset by its total circulating supply. While this method offers…

[ad_1] The South Korean government announced today that it will implement a unified public official asset disclosure service, marking a significant development by including the registration of cryptocurrency holdings from next year. The Ministry of Personnel Management announced the move in a press release on Dec. 27. One-stop access Currently, asset disclosure for public officials…

[ad_1] Earlier today, Hong Kong’s financial regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—released a joint statement about a new regulatory framework for stablecoins, a type of cryptocurrency designed to minimize the volatility of the price, typically tied to a reserve asset like the U.S. dollar. However, Hong…