Category: Latest news
-

CFTC issues digital asset clearing warning; agency member calls for rulemaking
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ 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…
-

SEC settles Coinbase insider trading scheme charges with Wahi brothers
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ 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…
-

Tether expands into Bitcoin mining
[ad_1] Stablecoin issuer Tether has expanded its operations into Bitcoin (BTC) mining, according to a May 30 press statement shared with CryptoSlate. Tether announced it has invested resources into energy production and has partnered with an unnamed local licensed company to launch a sustainable Bitcoin mining operation in Uruguay. The stablecoin issuer stated: “Tether is…
-

Binance considers allowing investors to hold collateral in banks
[ad_1] Binance is exploring the possibility of letting some of its institutional clients hold their trading collateral for margin trading in spot and derivatives at a bank, according to Bloomberg. The exchange reportedly spoke to several institutional clients about enabling bank-held collateral deposits, with Swiss-based FlowBank and Liechtenstein-based Bank Frick named as potential intermediaries for…
-

Tech giantsโ and Bitcoinโs dominance skew S&P 500, crypto market growth rates
[ad_1] The S&P 500 index, a key barometer of U.S. equities, stood at 4,151 points at the closing bell on May 29, showing a year-to-date (YTD) percentage growth of 9.15%, standing at odds with the growing inflation and potential recession. Graph showing the S&P 500 in 2023 (Source: TradingView) In parallel, the crypto market, as…
-

Ethereum will drive global cryptocurrency adoption, not Bitcoin: Roger Ver
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more โบ Connected to Alpha Welcome! ๐ 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…
-

OKX sends bankrupt Alameda $8.3M in crypto assets
[ad_1] OKX sent $8.3 million in different crypto assets to Alameda Research over the past seven days, according to the Arkham Intelligence dashboard. The transfers, which happened in multiple transactions on May 29, saw the exchange send between $60,000 โ $1.4 million worth of different cryptocurrencies to the bankrupt crypto firm. Source: Arkham Intelligence According…
-

Digital asset market faces headwinds amid persistent outflows, market uncertainty
[ad_1] Digital asset investment products have experienced six consecutive weeks of outflows, totaling $272 million, according to a May 30 report from CoinShares. This negative sentiment reflects the broader market trends, with investment products being more active than the overall digital asset space. The report highlighted that Bitcoin experienced a decline of $11 million, remaining…
-

Nvidia hits $1T market cap as market opens
[ad_1] Quick Take Nvidia is up 172% year-to-date and hit a $1 trillion market cap today as the market opened, with a share price of $406. Before the market opened, Nvidia’s market cap was at $963 billion, already ranking the company’s stock among the world’s top ten assets by market cap. Bitcoin is currently in…
-

Maturity structure of U.S treasuries: 30% matures by end of 2023
[ad_1] Quick Take Horizon Kinetics breaks down the maturity structure of U.S. treasury securities out to 2052, a total of $23.8 trillion. Maturity dates, years to maturity, and weighted average maturity are presented in a cumulative breakdown table. Based on figures from the end of 2022, this data reveals $23.8 trillion worth of outstanding debt…