Category: Latest news

[ad_1] Quick Take The latest data on European economic indicators were released this morning, June 30, corroborating a pattern that CryptoSlate has been discussing over the past year. Inflation Trends There are mixed signals from the inflation front. While headline inflation has continued its downward trend, core inflation surprisingly reaccelerated. The Core Inflation rate on…

[ad_1] The Reserve Bank of New Zealand (RBNZ) is increasing its monitoring of cryptocurrencies and stablecoins, the country’s central bank said on June 30. Ian Woolford, Director of Money and Cash at RBNZ, noted in the statement, “… a regulatory approach isn’t needed right now, but increased vigilance is.” RBNZ’s move aligns with the responses…

[ad_1] Ethereum co-founder Vitalik Buterin stakes a small amount of his ETH due to concerns about security and the complexity of staying safe. Speaking on the Bankless Podcast, Buterin said he doesn’t stake all his Ethereum, only “a fairly small portion,” because staking safely on the network requires multi-sig, which remains a tricky process. “if…

[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] Fidelity Investments refiled its application for its spot Bitcoin exchange-traded fund (ETF), called Wise Origin Bitcoin Trust, on June 29. Fidelity first filed its application in 2021, but it was rejected by the SEC in January 2022, along with other spot Bitcoin ETF applications. To date, no institution that has filed a spot Bitcoin…

[ad_1] Vodafone Germany, a major telecom company, announced plans to launch a series of Cardano-based non-fungible tokens on June 28. Vodafone plans to release NFTs On the company’s Discord channel, a representative stated: “Yes, we are planning to release an NFT collection this year and want to utilise the Cardano chain for this.” The representative…

[ad_1] in an email sent to U.S.-based users on June 28, U.K. fintech firm Revolut announced that it is ending support for three major cryptocurrencies. The company stated that U.S. users will not be able to buy Cardano (ADA), Polygon (MATIC), and Solana (SOL) through its app, effective immediately. At a later, unspecified date, users…

[ad_1] The Blockchain Association is calling for SEC chair Gary Gensler to recuse himself from regulatory proceedings, claiming he demonstrates “clear bias” against the industry. Senior counsel Marisa Coppel wrote today that Gensler’s statements proclaiming all cryptocurrencies besides Bitcoin to be securities show that he has “prejudged the facts” without adequately assessing the evidence and…

[ad_1] CME Group, a major derivatives trading platform, said on June 29 that it will launch Ether/Bitcoin ratio futures this summer, pending regulatory approval. CME Group said that it plans to launch its BTC/ETH ratio futures product on July 31, 2023. A ratio futures contract is a type of futures contract where the underlying asset…