Category: Latest news

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[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 As Bitcoin reached the $30,000 mark recently, many short-term holders took advantage of it and sent their Bitcoin to exchanges. Approximately 48,000 Bitcoin were transferred to exchanges, out of which 41,000 were sent with a profitable outcome. Notably, short-term holders who had held Bitcoin for less than 155 days were particularly active…

[ad_1] Quick Take BlackRock’s recent filing for a spot Bitcoin ETF sparked a wave of interest among other institutions, prompting them to file for their own spot ETFs. The Purpose Bitcoin ETF (BTCC.B), a physically settled, cold-storage Bitcoin ETF listed on the Toronto Stock Exchange in Canada, also witnessed a renewed interest and resurgence. The…

[ad_1] Circle, the issuer of USD Coin (USDC,) is carefully monitoring emerging crypto markets across Asia. There’s “enormous demand” for U.S. dollar-backed stablecoins in emerging markets, and “Asia is really central to that,” CEO Jeremy Allaire told Bloomberg. Therefore, “Asia is a huge area of focus for us,” he said. Specifically, Circle is keeping an…

[ad_1] The cryptocurrency market has been a whirlwind of activity over the past week, with Bitcoin (BTC) seeing the most notable uptick, climbing over the $30,000 mark for the first time in two months, a crucial psychological milestone that could return much-needed confidence to the market. At press time, Bitcoin is trading at $30,343. Over…

[ad_1] Binance told CryptoSlate in a June 26 email that it strives to act in compliance wherever it operates amid new reports that it withdrew from yet another European market. Earlier today, reports emerged that Binance had withdrawn its application in another European country. According to Finance Forward, Binance’s subsidiary Binance Austria GmbH withdrew its…

[ad_1] Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, commented on cryptocurrency spot exchange-traded funds (ETFs) on June 26. Surveillance agreements could make SEC “comfortable” During a CNBC interview, Schwartz said: “One of the things that recent [spot Bitcoin ETF] filings have in common … is that they are trying to have data sharing surveillance…

[ad_1] Congresswoman Maxine Waters requested the SEC and the Treasury Department to submit in writing their views and feedback on a recently submitted legislative proposal related to regulating digital assets. The letters were issued on June 26 and addressed to Treasury Secretary Janet Yellen and SEC chair Gary Gensler and pertained to the Digital Asset…

[ad_1] The court handling the SEC’s ongoing case against Binance said that it is not necessary to revise either party’s public statements on June 26. The relevant order, signed by Judge Amy Berman Jackson, declared: “While all of the lawyers in this case should adhere to their ethical obligations … it is not … necessary…