Category: Latest news

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[ad_1] U.S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America.” The Wyoming senator made the statement during an interview with Yahoo Finance on June 22. She said: “I’m scratching my head about why they…

[ad_1] MakerDAO (MKR) has announced that Spark Protocol is onboarding Rocket Pool’s staked Ethereum (rETH) as a new collateral type, creating increased opportunities for users to leverage their digital assets in the DeFi ecosystem. Expanding the lending ecosystem Founded in 2015, MakerDAO is best known for issuing the decentralized stablecoin, DAI. The latest development in…

[ad_1] The U.S. Supreme Court ruled in favor of cryptocurrency exchange Coinbase in a dispute involving the enforcement of arbitration clauses on June 23, Reuters reported. The court issued an order to halt proceedings in one of the pending customer lawsuits — Bielski vs. Coinbase — while the exchange followed up on its appeal. A…

[ad_1] As ongoing regulatory pressures ramp up towards several cryptocurrencies, Bitcoin (BTC)has shown impressive resilience, breaking the $31,000 barrier today and marking its highest close of the year. This jump comes after a prolonged period of stagnant trading, with Bitcoin wavering between $25,000 and $30,000 since March 16. BTCUSD (Source: TradingView) The liquidation volumes for…

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[ad_1] Quick Take Inflation rates worldwide have surpassed the typical 2% target set by central banks, necessitating effective countermeasures. One such measure is the traditional tool of increasing interest rates to curb inflation. However, a closer examination of long-term inflation expectations reveals a significant gap above the 2% benchmark. The current five and 10-year break-even…

[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] On June 21, Bitcoin (BTC) surged past the $30,000 mark for the first time in two months, a significant milestone for the volatile cryptocurrency. This rally contributed to an uptick in derivatives trading, increased spot trading, and increased coins withdrawn from exchanges, as identified in a recentCryptoSlate Alpha insight. In the week leading up…

[ad_1] TrueUSD (TUSD) stated in a June 22 Twitter post that it is not affected by the issues faced by crypto custodial firm Prime Trust. Prime Trust was forced to suspend all deposits of fiat and digital assets by Nevada financial regulators on June 21 because it failed to safeguard assets under its custody and…