Category: Latest news

[ad_1] Russia is no longer moving forward with its plans to create a national crypto exchange. Instead, it will focus on formulating rules that will allow private companies to establish such exchanges. The head of the State Duma committee on the financial market, Anatoly Aksakov, disclosed this to local media Izvestiya on May 29. According…

[ad_1] Quick Take The realized price is the average cost basis for the entire Bitcoin market. The current realized price is at a year-to-date high of $20,180. Since March 2023, Bitcoin’s realized price has hovered around the 2020 and 2022 levels, of roughly $26,400. The highest realized price across all cohorts is currently from 2021…

[ad_1] Bitcoin’s (BTC) brief climb above $28,000 during the early trading hours of today led to liquidations of roughly $130 million in positions held on the crypto market. According to Coinglass data, the flagship digital asset saw $55 million in liquidations for traders who held positions in it in the last 24 hours. Roughly $130…

[ad_1] Since last Friday’s wMarket report, the cryptocurrency market saw net inflows of $47.2 billion and currently stands at $1.16 trillion — up 4.2% from $1.12 trillion. Over the weekend, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 5.5% and 5% to $540.34 billion and $228.76 billion, respectively. Over the last 24 hours,…

[ad_1] Dogecoin (DOGE) recorded a significant surge in its network activity over the last two days, processing more than 4 million transactions between May 27 and 28, according to BitInfoCharts. Source: BitInfoCharts The increase surpassed the number of transactions processed by its more storied rivals like Ethereum (ETH) and Bitcoin (BTC). ETH recorded 1.9 million…

[ad_1] Cardano meme coin SNEK has been garnering a lot of attention from the crypto community lately. On May 11, InputOutput (IO) CEO Charles Hoskinson posted a tweet asking, “What the heck is this #Snek thing that people keep tweeting about?” Some took this to mean a Hoskinson-IO endorsement of SNEK. However, in a more…

[ad_1] Quick Take The total Bitcoin Inscription count is approaching 10 million – currently 9,574,192. Inscriptions are the metadata added onto Bitcoin Satoshis via the Witness portion of a Bitcoin transaction. The metadata can relate to text, images, video, etc., but is limited to about 4 MB. The second chart below shows text-based Inscriptions make…

[ad_1] Quick Take Bitcoin whales accumulate After slowing down accumulation, Bitcoin whales that hold 10,000 or more continue accumulating Bitcoin aggressively over the weekend. Debt ceiling update According to The Kobeissi Letter, “news that the debt ceiling deal was reached “in principle” last night,” as Bitcoin broke $28,000. They further go on to explain: “The…

[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 May 27, Beijing released an “Internet 3.0 Innovation and Development” white paper outlining advancements and support for Internet 3.0 (web3) and the metaverse, according to reports from Chinese media, ThePaper. However, as Binance CEO Changpeng Zhao (CZ) highlighted on Twitter, the white paper’s publication is just days from the upcoming June 1 application…