Category: Latest news

[ad_1] An investment banker who formerly worked for a firm believed to be Deutsche Bank has been charged with crypto fraud, according to U.S. authorities on April 11. A statement from the U.S. District Court for the Eastern District of New York said that Rashawn Russell was arrested on April 10. He will be arraigned…

[ad_1] Ad Crypto prices are languishing way below the dizzying heights of 2021, even with Bitcoin’s (BTC) price breaching the $30,000 mark. And yet, despite the crypto winter last year, the market has matured and made progress, according to a16z’s latest ‘State of Crypto’ report. In a blog post on April 11, a16z noted: “……

[ad_1] Bitcoin (BTC) shrimps aggressively accumulated the digital asset in the last 30 days, adding 35,000 BTC to their portfolios, according to Glassnode data analyzed by CryptoSlate. Shrimps refer to wallets with less than 1 BTC, and their current accumulation rate is the fourth fastest in the market’s history. According to the data, their cumulative…

[ad_1] Quick Take S&P 500 faces headwinds The S&P is roughly up 7% in 2023, but most of the gains have come from seven tech stocks, which coincidentally have the largest market cap in the index. While these stocks have incredibly elevated PE ratios, high rates and a lack of stimulus will provide headwinds for…

[ad_1] Kids’ cartoon Tuttle Twins will release an episode about Bitcoin on May 2. The show will be available on the streaming platform Angel Studios — which operates a free-to-watch model for wholesome, family-friendly content. Viewers can support the service by clicking the “Pay It Forward” button, displayed when watching content, and making a one-off…

[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] Bitcoin’s rally past $30,000 has made it one of the top 10 performers of the past 24 hours. CryptoSlate data showed only six other coins surpassed BTC’s 6.41% rise, with some newcomers to the industry leading the way when it comes to performance. Table showing the 7 top-performing coins in the past 24 hours…

[ad_1] Quick Take CryptoSlate analyzed the spot and derivatives market for Q1, and we found that the exchange balance in Bitcoin has gone up year-to-date. Meaning more coins have gone onto exchanges than been taken off. However, this trend has reversed since the collapse of the SVB on March 10, which has shown investors going…

[ad_1] The cryptocurrency market cap saw net inflows of $50 billion and currently stands at $1.24 trillion — up 4.43% from $1.19 trillion. During the last 24 hours, Bitcoin and Ethereum’s market cap grew 6.24% and 3.13% to $582.73 billion and $231.29 billion, respectively. Over the reporting period, the top 10 crypto assets recorded a…

[ad_1] Prosecutors in South Korea are trying to get a court order to freeze $5.3 million worth of Do Kwon’s assets in the country, Yonhap News reported on April 11. Terraform Labs co-founder Kwon has been under investigation in South Korea for fraud and tax evasion since the Terra-LUNA collapse wiped out nearly $40 billion…