Category: Latest news
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Robinhood expands into EU with crypto trading and Bitcoin rewards
[ad_1] Robinhood has rolled out its cryptocurrency trading platform for customers across the European Union, providing access to over 25 cryptocurrencies, including Bitcoin, Ethereum, and Solana, according to a Dec. 7 statement. The company positions itself as a safe and regulated option for crypto customers to access the emerging industry, offering to repay a percentage…
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Understanding investor sentiment through the Bitcoin leverage ratio
[ad_1] The estimated leverage ratio for Bitcoin futures, defined as the ratio of the open interest in futures contracts to the balance of the corresponding exchange, is a barometer for gauging the degree of leverage that traders employ in their positions. Analyzing this ratio, especially for a high-volatility asset like Bitcoin, provides invaluable insights into…
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Google unveils Gemini, its ‘most capable’ AI model to date
[ad_1] On Wednesday, Google unveiled Gemini, its most advanced artificial intelligence system to date, marking a significant milestone in its AI development. Dubbed “our largest and most capable AI model yet” by Google CEO Sundar Pichai, Gemini is designed to understand and operate seamlessly across text, images, audio, video, and other modes of information. “This…
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Solana’s Saga smartphone sales dramatically underperform despite positive reviews
[ad_1] Solana Labs co-founder Anatoly Yakovenko responded to underwhelming sales of his firm’s smartphone in an interview with Unchained Crypto on Dec 5. The firm unveiled its Android smartphone, Saga, in June 2022 and launched the device in 2023. The company aimed to provide users with a device tailored to web3. Specifically, it promised an…
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Binance CEO Richard Teng refuses to reveal location of company HQ
[ad_1] Binance’s newly appointed CEO, Richard Teng, declined to share the location of his company’s global headquarters with the Financial Times on Dec. 5, continuing its tradition of framing itself as a global company. Teng refused to discuss the firm’s base of operations, stating: “Why do you feel so entitled to those answers … Is…
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Hong Kong regulator blocks crypto websites over illegal token offerings and false claims
[ad_1] Hong Kong’s Securities and Futures Commission (SFC) has restricted access to two cryptocurrency websites, according to a Dec. 6 notice. In that post, the securities regulator said that it had taken steps to block access to the websites of HongKongDAO (also known as Hong Kong Digital Research Institute) and BitCuped. Despite the regulator’s actions,…
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Resurgent stablecoin flow into Bitcoin marks possible market shift
[ad_1] Quick Take The Stablecoin Supply Ratio (SSR), a critical parameter gauging the buying power of stablecoins against Bitcoin, has seen significant movement lately. This ratio, calculated as Bitcoin Market Cap divided by Stablecoin Market Cap, offers key insights into the supply-demand dynamics between Bitcoin and USD. The lower the SSR, the greater the potential…
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Jamie Dimon endorses crypto ban in Senate hearing
[ad_1] At the “Annual Oversight of Wall Street Firms” hearing before the Senate Committee on Banking, Housing, and Urban Affairs on Dec. 6, Senator Elizabeth Warren (D-MA) questioned bank CEOs about illicit financial activities involving cryptocurrencies as part of a broader effort to advance regulatory legislation. Present at the hearing were the CEOs of JPMorgan,…
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Binance announces compensation for users who bought AEUR at inflated prices
[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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Digital assets defy traditional market trends amid signs of economic slowdown
[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…