Category: Latest news

[ad_1] ARK Invest CEO Cathie Wood has expressed that the company’s confidence in Bitcoin reaching a price of $1.5 million within the next decade has increased. On Bloomberg TV on July 17, Wood commented that the aftermath of the regional banking crisis in March has made ARK’s “bull case” for Bitcoin increasingly likely. According to…

[ad_1] Quick Take A review of year-to-date data demonstrates a clear trend of decreasing correlation between Bitcoin and major assets. This finding is in accordance with Ecoinometrics‘ analytics, highlighting a sustained monthly trend of Bitcoin diverging from traditional financial assets. Key examples of this trend include significant assets like the S&P 500, Gold (XAU), Nasdaq,…

[ad_1] Bitcoin’s price has been a study in tranquility since it broke through the $30,000 level, setting a tight trading range between $30,000 and $31,000 for most of July. This period of low volatility has left many traders and analysts uncertain about future price movements. However, on-chain data, specifically the Spent Output Profit Ratio (SOPR),…

[ad_1] The UK government aims to establish the country as a global leader in artificial intelligence, but experts argue effective regulation is essential for realizing this vision. A recent report from the Ada Lovelace Institute provides an in-depth analysis of the strengths and weaknesses of the UK’s proposed AI governance model. According to the report,…

[ad_1] At the Ethereum Community Conference (EthCC) in Paris, Ethereum co-founder Vitalik Buterin gave an insightful presentation on the history and evolution of “account abstraction” on the Ethereum blockchain. Account abstraction is a feature in Ethereum that aims to make the system more flexible and easier to use. It essentially allows users to define the…

[ad_1] Quick Take According to Accountant and Bitcoin Mining Analyst at Compass Mining, Anthony Power, throughout 2021, we saw a trend of Bitcoin miners retaining most of their Bitcoin production as the cryptocurrency’s price experienced significant growth. However, the subsequent decrease in Bitcoin’s price in 2022 forced a number of miners, burdened with substantial debt,…

[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] Quick Take Bitcoin’s consolidation at the $30,000 mark does not put many investor cohorts in a loss situation, as the dollar-cost averaging (DCA) strategy continues to be implemented. Dollar-cost averaging is the concept of purchasing an asset on a regular basis without prejudice to the market value at the time of the trade. Dollar-cost…

[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] Payments could soon be streamed in real-time rather than paid out on a monthly or weekly basis, according to Maxime Desalle, Operations Lead at Sablier, in a recent talk at EthCC. Desalle discussed the concept of “token streaming” from the perspective of Sablier, a company aiming to provide more time-efficient and immediate access to…