Category: Latest news

[ad_1] Former FTX CEO Sam Bankman-Fried has been denied an adjourned sentencing hearing, according to a court filing dated Dec. 20. Bankman-Fried’s legal team requested the sentencing hearing to be adjourned for four to six additional weeks, which would postpone sentencing into May 2024. Bankman-Fried’s sentencing date is currently set for March 28, 2024. Lawyers…

[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 U.S. Securities and Exchange Commission (SEC) continued its review process of Bitcoin ETF applications, holding two additional meetings with applicants Grayscale and BlackRock on Dec. 19, 2023. The meeting with Grayscale revolved around a proposed rule change, which, if approved, would permit NYSE Arca to list and trade shares of Grayscale’s forthcoming spot Bitcoin…

[ad_1] The UK Treasury’s recent consultation on the Digital Securities Sandbox (DSS) has concluded, revealing a significant interest and engagement from the financial industry, according to a report published on Dec. 20. The consultation, part of the Financial Services and Markets Act 2023 initiative, was open from July 10 to Aug. 22 and aimed to…

[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] Dubai-based Bybit, the world’s third-largest crypto exchange by volume, set a new benchmark in the cryptocurrency market with its latest proof-of-reserves (PoR) attestation, which has been expanded to cover 32 cryptocurrencies, according to a Dec. 20 press release. The report aims to show customers that Bybit has fully backed all their assets within its…

[ad_1] Quick Take Amid the ongoing interplay between the Securities and Exchange Commission (SEC) and firms proposing spot Bitcoin ETFs, a dynamic is taking shape in the Bitcoin market. The timeline, pinning potential developments between Jan. 8-10, presents a scenario where retail investors are front-running institutions. This anticipation has likely contributed to Bitcoin’s price surge…

[ad_1] Quick Take Bitcoin broke past the $44,000 barrier for the first time since Dec. 10, hitting a high of $44,164 on Bitstamp before falling back below $44,000. This price increase led to significant market activity. According to Coinglass, there were about $160 million in liquidations across the digital asset market in the past 24…

[ad_1] The Colorado Supreme Court’s removal of former U.S. President Donald Trump from the state 2024 ballot has impacted the floor prices of his NFT collections. Data from OpenSea shows that the former President’s Collection Series 1 tanked by 11% to 0.1505 ETH, or $333, following the news. The collection’s market capitalization is approximately $15 million as…

[ad_1] Quick Take As of Dec. 20, there has been an observable shift in the Bitcoin mining landscape, as the earnings from fees are beginning to surpass the conventional miner rewards. Traditionally, a miner is rewarded 6.25 Bitcoin for every block mined. However, due to an increasing frenzy surrounding inscriptions, the fees have begun to…