Category: Latest news
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More than 9,000 Bitcoin seized in connection with Silk Road on the move
[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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European Banking Authority urges stablecoin issuers to comply with upcoming MiCA regulation
[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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Cathie Wood’s Ark Invest unloads $12M Coinbase shares as COIN rallies to one-year high
[ad_1] Ark Invest Management sold 135,152 Coinbase shares for $12 million on July 11, according to data from Cathiesark. On July 11, COIN rallied to a one-year high of $90, continuing its mostly positive price performance of a recent while. During the last 30 days, Coinbase stock has outperformed Bitcoin’s (BTC) price, increasing by over…
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Better than expected U.S. inflation sees Bitcoin up 1%
[ad_1] Quick Take U.S. Headline inflation, year-over-year, has come in at 3.0%, slightly lower than the 3.1% expected. The prior figure was 4.0% indicating a 1% drop from the new data and, thus, marking the lowest level in 2 years. Core Inflation came in at 4.8%, also slightly below the 5.0% expected and prior figure…
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Celsius files lawsuit to recover $150M crypto assets from StakeHound
[ad_1] Bankrupt crypto lender Celsius has commenced legal action against Stakehound for failing to pay back $150 million in digital assets, including staked Ethereum (ETH), Polkadot (DOT), and Polygon’s MATIC, which it entrusted to the staking platform in 2021, according to a July 11 court filing. “StakeHound continues to wrongfully withhold or otherwise deprive Celsius…
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Resurgence in Bitcoin inscription demand: an overview
[ad_1] Quick Take Demand for inscriptions, such as Ordinals, the process of writing data into the blockchain via the Witness portion of a Bitcoin transaction, is experiencing a significant resurgence. Over the past few days, new counts have reached an upward trajectory, totaling upwards of 300,000 inscriptions. This surge has brought the total inscription count…
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Examining the performance of Ethereum against Bitcoin across market cycles
[ad_1] Quick Take The Ethereum to Bitcoin ratio is currently at 0.061, as it hovers around year-to-date lows. The radio is calculated by dividing the price of Ethereum by the price of Bitcoin and offers an intriguing comparison against previous market cycles, especially when assessing performance from the cycle’s all-time high (ATH). The 2015 to…
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Analysis of Bitcoin ownership over time
[ad_1] Quick Take More than 10 years: 14.8% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for over 10 years. Between 7 and 10 years: 5.6% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for a duration falling between…
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Animoca Brands CEO urges community focus in web3 gaming evolution
[ad_1] Robby Yung, the CEO of NFT and web3 gaming giant Animoca Brands, believes that the adoption of games leveraging blockchain is “not as far away as we might think” while asking the community to consider what it means to be a “web3 game.” Yung discussed the emerging world of web3 gaming at Blockdown ’23…
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Heavy accumulation puts 75% of Bitcoin’s circulating supply in profit
[ad_1] Despite the volatility Bitcoin experienced in 2023, the extended sideways movement between February and July has proved to be fertile ground for accumulation. Onchain analysis showed that short-term holders (STHs) and long-term holders (LTHs) had steadily accumulated throughout the past quarter, indicating a strong belief in the asset’s long-term value. Measuring Bitcoin’s supply in…