Category: Latest news

[ad_1] Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93 EH/s to 56.98 EH/s between Jan. 2022 and Jan. 2023. The increase represents a staggering 82% growth in hash rate YOY. Top public miners CryptoSlate analyzed ten of…

[ad_1] Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac ·…

[ad_1] Bankrupt crypto lender Voyager Digital agreed with FTX and its unsecured credits to hold the disputed $445 million loan payment pending a settlement or court order, according to a Feb. 22 court filing. The court filing further said Voyager would continue to hold another $5 million deposit made by FTX in escrow. The bankrupt…

[ad_1] Definition Future’s open interest is the total funds (USD Value) allocated in open futures contracts. Liquidations are the sum liquidated volume (USD Value) from long and short positions in futures contracts. Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase…

[ad_1] Binance said it has closed the derivatives position of a “small number of Australian users,” which it had wrongly classified as “wholesales investors.” The crypto exchange said it followed Australian regulations by informing the affected users and immediately closed down their derivatives position. Binance added: “We have already contacted all impacted users and will…

[ad_1] Ad The cryptocurrency market cap saw net outflows of $7.9 billion over the last 24 hours and currently stands at $1.09 trillion — down 0.7% from $1.09 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell 1.6% and 0.3% to $457.28 billion and $200.49 billion, respectively. The top 10 crypto assets posted…

[ad_1] Quick Take In 2022, U.S. equities and Bitcoin were joined at the hip due to unprecedented rate hikes from central banks worldwide. A strong correlation occurred until FTX collapsed in November 2022, which saw Bitcoin diverge with equities. However, this was short-lived and not a natural divergence. As 2023 begins, Bitcoin has continued to…

[ad_1] Ad Polygon co-founder Sandeep Nailwal said Ethereum would emerge as the dominant smart contract protocol — with all other competing layer 1s falling by the wayside. Speaking to Ran Neuner on the Crypto Banter YouTube channel, Nailwal described his future vision of the crypto landscape: “I don’t think there’s going to be a multi-layer…

[ad_1] Three Arrows Capital (3AC) liquidators Teneo said it would begin the sales of some non-fungible tokens (NFTs) belonging to the bankrupt crypto hedge fund, according to a Feb. 22 statement. Teneo revealed that the purpose of the sales was “to realize the value of the NFTs for the purposes of the liquidation.” It added…

[ad_1] New York Attorney General Letitia James has sued CoinEx for failing to register with the state, according to a press release from the office on Feb. 22. The Attorney General’s office said it could buy and sell cryptocurrency on CoinEx in New York — despite the fact that the platform was not registered in-state.…