Category: Latest news
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Bitcoin experiences near-historic levels of net profit realization
[ad_1] Quick Take Analyzing Bitcoin’s net profit/loss, a key metric calculated from the difference between realized gains and losses. Utilizing a seven-day moving average to sift through the noise and pinpoint a more accurate trend, Bitcoin’s net realized profit nearly matched its record high set in January 2021 – a whopping $3.8 billion. Net Realized…
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Bitcoin ETFs become hottest product in BlackRock, Fidelity’s repertoire of funds
[ad_1] BlackRock and Fidelity Investment’s spot Bitcoin ETFs — IBIT and FBTC — have become the most popular funds the two asset managers currently offer in less than 50 days of trading, based on data shared by Bloomberg ETF analyst Eric Balchunas. IBIT and FBTC were launched on Jan. 11 and have consistently posted record-setting…
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The seven deadly sins of crypto privacy
[ad_1] The lack of privacy protection is the Original Sin of all public blockchains – from Satoshi’s original Bitcoin whitepaper down to the most cutting-edge, modular, and parallelized network that does 100 million transactions per second with a zeptosecond finality time. Generally speaking, user privacy goes against the nature of public blockchains: For a public…
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Bitcoin and traditional indices: Exploring the volatile correlation with SPX and DJI
[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 › Connected to Alpha Welcome! 👋 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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Funding isn’t the core solution to bridging the gender gap in Web3
[ad_1] Web3 has always felt like an inclusive and empowering community to be a part of. In making the transition from traditional finance to DeFi, there has been no lack of support, encouragement, and guidance. Embodying a leadership role as a female has also felt free from obstacles or adversity. Gender Gap Still Evident However,…
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WisdomTree gets green light for digital asset business in New York
[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 › Connected to Alpha Welcome! 👋 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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Solana CEO Anatoly Yakovenko denounces influx of racist and offensive memecoins
[ad_1] Members of the Solana community and the crypto ecosystem denounced the recent surge in inflammatory memecoins on March 22. Unknown parties recently took advantage of Solana’s token creation feature to introduce thousands of memecoins with racist and antisemitic terminology in their names, some tokens also contained anti-China descriptions and other broadly offensive material. Solana…
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Anthropic founders block Saudi Arabia from buying FTX-owned stake
[ad_1] AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter. FTX is selling the stake as part of its bankruptcy proceedings to repay its creditors, who lost…
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Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms
[ad_1] Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1.5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. Wood made the statement during the Bitcoin Investor Day conference in New York on March 22. She said: “Since the SEC gave Institutions the green light…
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BlackRock sees Bitcoin as integral part of financial system – little interest in other crypto
[ad_1] BlackRock believes that Bitcoin (BTC) will become an integral part of the financial system over the coming decade as it increasingly melds with the best parts of the traditional financial system. The asset manager’s Head of Digital Assets, Robert Mitchnick, made the statement during Reflexivity Research’s Bitcoin Investor Day on March 22. FOX Business…