Category: Latest news
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Coinbase to store more of its $220 million USDC holdings on Base
[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 βΊ Connected to Alpha Welcome! π 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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US lawmakers demand SEC clarity on Ethereum’s asset classification
[ad_1] A group of Republican lawmakers, including the chairmen of the House Financial Services Committee and House Committee on Agriculture, has formally requested SEC Chair Gary Gensler to provide clear guidance on the regulatory stance regarding the custody of non-security digital assets by Special Purpose Broker-Dealers (SPBD). The March 26 letter specifically demands clarity on…
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Mike Novogratz says βboomerβ wealth will drive Bitcoin adoption to new highs
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Bitcoin ETFs could see significant growth in Hong Kong due to in-kind creation model β analysts
[ad_1] Analysts believe Bitcoin exchange-traded funds (ETFs) could see a significant upswing following their launch in Hong Kong due to the adoption of in-kind creation models. Bloomberg senior ETF analyst Eric Balchunas further pointed out that Hong Kong’s adoption of an in-kind creation model for spot Bitcoin ETFs could potentially boost the assets under management…
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Portugal imposes 3 month data collection ban on Worldcoin
[ad_1] Portugal’s National Data Protection Commission (CNPD) said on March 26 that it will ban Worldcoin from collecting biometric data for three months. The CNPD said that the limitations apply for 90 days until an investigation is concluded and a final decision is reached. The ban applies to biometric data on the iris, eyes, and…
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Bitcoin’s latest rally upends traditional market expectations with shallower drawdowns
[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 βΊ Connected to Alpha Welcome! π 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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KuCoin assures users funds are safe after US levies criminal charges
[ad_1] KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platformβs operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering…
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Bitcoin market absorbs mining output and more, sparking price spike
[ad_1] Quick Take Examining the relative forces between Bitcoin cohort accumulation and monthly issuance offers intriguing insights into the current market situation. The ongoing epoch witnesses daily mining of approximately 900 BTC, translating to nearly 27,000 BTC per month, represented as the blue line in our analysis graph. The distinct cohorts are classified from shrimps…
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OrdinalsBot secures $3 million seed funding to turbocharge Bitcoin inscriptions ecosystem
[ad_1] Ordinals infrastructure platform OrdinalsBot said it raised over $3 million in its seed funding round to enhance opportunities within the broader Bitcoin ecosystem, according to a March 26 statement shared with CryptoSlate. The funding round was led by DACM, with significant contributions from Eden Block and Nural Capital. Notable participants include WWVentures, Lightning Ventures,…
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The future of Bitcoin mining post-halving, according to GoMining
[ad_1] The phenomenon of the Bitcoin halving is a cornerstone event in the crypto world, fundamentally altering the economic landscape for miners and investors alike. Occurring approximately every four years, this event reduces the reward for mining new Bitcoin blocks by half, a mechanism designed to control the supply of Bitcoin and mimic the scarcity-driven…