Category: Latest news

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[ad_1] Ad Realized price is a metric often used to determine market movements in bear and bull markets. Defined as the value of all Bitcoins at the price they were bought divided by the number of circulating coins, realized price effectively shows the cost-basis of the network. Dividing the network into cohorts can help us…

FTC objects to Binance.US-Voyager deal; reveals investigation into bankrupt firm

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[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 ·…

Ethereum gas usage spikes for stablecoins; primarily inflows in USDT

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[ad_1] Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories: Stablecoins: Fungible tokens with value pegged to an off-chain asset by the issuer or an algorithm. We include 150+ stablecoins in this category, with USDT, USDC, UST, BUSD, and DAI being…

NBA Top Shot NFTs Are ‘Plausibly’ Securities, Judge Rules in Dapper Labs Lawsuit

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[ad_1] Ad United States District Court Judge Victor Marrero has ruled in a case against Dapper Labs that NFTs associated with NBA Top Shots are likely securities. On Feb. 22, Marrero denied Dapper’s request to dismiss the suit, stating that the NFTs offered on Dapper’s platform “plausibly” satisfy the requirements of a security. In his…

Rep. Tom Emmer introduces anti-CBDC bill

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[ad_1] Congress member Tom Emmer (R-Minn.) introduced a bill on Feb. 22 that aims to prevent the U.S. Federal Reserve from providing a CBDC to individual retail users. Emmer wrote on Twitter: “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty, and free market competitiveness. Anything less opens the…

Cardano social network enters beta; FTC investigates Voyager

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[ad_1] Ad The biggest news in the cryptoverse for Feb. 22 saw EMURGO launch a social network for the Cardano community. Meanwhile, the FTC said that it is investigating Voyager Digital and objected to the company’s pending deal with Binance.US. Elsewhere, Sam Bankman-Fried could hire a tech expert to consult on his bail conditions. CryptoSlate…

Rate cuts potentially off the table for 2023

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[ad_1] Quick Take The fed funds rate now implies that rate cuts are off the table for 2023 and are expected to remain higher for a longer time frame in the year. As the year progresses, rate hikes are expected to continue, while rates are expected to hold steady in the second half of 2023.…

Fed minutes do little to shake crypto markets with BTC down 2.7%

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[ad_1] Ad Fed minutes in-brief: 2% targeted inflation Low unemployment, 3.5% Fed funds target rate, 4.5% to 4.75%. Debate among meeting participants whether to raise interest rates by 50 basis points BTC remains stable at around $23.8k, down 2.7% 24H. Committee outlook The Fed released its latest round of minutes today, announcing that job market…

Binance to burn $2B idle BUSD on Feb. 22

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[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 ·…

Whale sells 139 NFTs from BAYC, MAYC, Azuki, Otherdeeds, Benz collections

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