Category: Latest news

[ad_1] Ad Dylan LeClair said Bitcoin’s recent solid performance boils down to the understanding that trustlessness is the only way forward. The Research Analyst pointed out that, amid tough geopolitical and macroeconomic conditions, Bitcoin has managed to buck the broader market trend – thanks to the growing realization it has no counterparty risk. BTC has…

[ad_1] What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It…

[ad_1] Quick Take Last week, CryptoSlate analyzed that illiquid supply hit an all-time high as short-term holders started to hold more Bitcoin off exchanges. A further deep dive shows; after each crisis, albeit the crypto or tradfi industry, illiquid supply surges for Bitocin. The more investors get burnt due to liabilities outside their control; they…

[ad_1] Warren Buffett said he does not know “how to turn back the clock” on Bitcoin. Speaking to CNBC, the Chair of Berkshire Hathaway likened Bitcoin to roulette, saying the leading cryptocurrency is a gambling token with no intrinsic value. Bitcoin is gambling, says Buffett Nonetheless, Buffett conceded that the lure of easy money and…

[ad_1] Bankrupt crypto exchange FTX would explore the sale of its European business. In an April 12 press statement, the bankrupt firm said the holding business for its European business,  FTX Europe AG, filed a petition for a Swiss moratorium granted by a Swiss court. According to the firm, the moratorium would “facilitate the exploration…

[ad_1] Quick Take CPI for March was in line with expectations and forecasts Core CPI YOY: The Core CPI for February was 5.5% The forecast for the month of March was 5.6% March Core CPI was in line with expectations at 5.6% CPI YOY: The CPI for February came in at 6% The forecast for March…

[ad_1] Quick Take Rapid changes in FOI can affect liquidations and deleveraging events — which can have a knock-on effect on the price to the upside or downside. The 1-day change of FOI shows the fifth-biggest change in the past year to the upside — resulting in a significant liquidation cascade of over $170 million.…

[ad_1] What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It…

[ad_1] The SafeMoon community has slammed a meaningless update on the recent $9 million exploit. On March 28, the SafeMoon protocol suffered a contract vulnerability exploit. The vulnerability, known as the “public burn bug,” enabled people with sufficient knowledge to drain liquidity from the platform. Company CEO John Karony issued a statement the following day,…

[ad_1] Hong Kong securities regulator is considering regulating decentralized finance (DeFi) projects by subjecting them to licensing requirements. Wu Blockchain reported that the interim head of the intermediary department at the Hong Kong securities regulatory commission, Cai Zhonghui, said the authorities need to regulate DeFi projects. According to Zhonghui, automatic trading services like decentralized exchanges…