Category: Latest news
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Amboss CEO highlights Lightning Network’s role in enabling efficient Bitcoin transactions
[ad_1] The Lightning Network, a layer-2 solution for Bitcoin, has been touted as a game-changer for the worldâs largest digital asset, enabling faster and cheaper transactions. However, despite its potential, widespread adoption has been slow. In the latest episode of the SlateCast, Liam âAkibaâ Wright and James Van Straten sat down with Jesse Shrader, the…
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Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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From Asia expansion to AI innovation, IQ.wiki charts its future in crypto
[ad_1] IQ.wiki, the decentralized alternative to Wikipedia for crypto topics, has made major strides in AI. In a recent episode of the SlateCast hosted by Liam âAkibaâ Wright and Nate Whitehill, Navin Vethanayagam, Chief Brain of IQ.wiki, discussed the projectâs latest AI initiatives and the importance of decentralizing AI systems. The Rise of IQGPT One…
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Samourai Wallet developer Keonne Rodriguez under home incarceration after securing $1 million bail
[ad_1] Samourai Wallet developer Keonne Rodriguez has pleaded not guilty to criminal charges and will stay under home incarceration until trial. Rodriguezâs bail conditions, as outlined in an April 26 docket entry, include a $1 million personal recognizance bond to be secured before May 14. Two others must co-sign the bond, which will be secured…
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MicroStrategy continues Bitcoin stacking with $1.65 billion purchase during Q1
[ad_1] MicroStrategyâs first quarter earnings report showed the firm bought roughly 25,250 BTC for $1.65 billion at an average price of $65,232 per BTC during the first three months of the year. With its latest purchases, MicroStrategy now holds 214,400 BTC in total â equating to roughly 1% of the total Bitcoin supply. The company…
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Hong Kong Bitcoin, Ethereum ETFs expected to outperform US counterpartsâ volume on day 1
[ad_1] As Hong Kong braces for the debut of its first spot Bitcoin and Ethereum ETFs, expectations are soaring that the initial trading volumes will eclipse those witnessed during similar launches in the US, local media reported on April 29. Huaxia Fund Management (Hong Kong), along with digital asset service provider OSL, are spearheading the…
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Ethereum transaction fees overtake Bitcoin as Runes speculation subsides
[ad_1] Quick Take In the week preceding the much-anticipated Bitcoin halving on April 20, transaction fees for Bitcoin exceeded those of Ethereum; this trend persisted until April 27, according to Glassnode data. ETH vs BTC fees: (Source: Glassnode) CryptoSlate meticulously tracked fee trends across both blockchains before, during, and after the halving. Data unveiled a…
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Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto
[ad_1] A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies like Tether (USDT) by countries such as Russia, Iran, and North Korea to bypass international sanctions. The letter, signed by Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan), was addressed…
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Analysts clash over future of Bitcoin ETFs as institutional interest lags
[ad_1] Quick Take Jim Bianco, head of Bianco Research, has been a vocal critic of the Bitcoin ETFs due to their centralization concerns. Bianco recently said: âA spot ETF is NOT, repeat not, decentralized!â He also believes that the main investors in these ETFs are âOrange FOMO poker chips for paper-handed small-time traders (degens).â Despite…
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Small Bitcoin holders are accumulating even as prices fall
[ad_1] Tracking the changes in the supply held by entities with various Bitcoin balances provides insight into investor behavior and potential price movements. Each category of holderâfrom individual retail investors to large institutionsâplays a distinct role in the crypto ecosystem, and their collective actions can significantly influence the overall market. Changes in the supply distribution…