Category: Uncategorized

[ad_1] Bitcoin maximalists reacted negatively to the news of Casa unveiling a new app with Ethereum support. The custodial service has been storing Bitcoin since it started, hence, BTC proponents feel betrayed by the move.  Casa will unveil the new version in January 2023, where users will have the luxury to store both BTC and…

[ad_1] The cryptocurrency market cap saw net inflows of $17.98 billion over the last 24 hours and currently stands at $837.18 billion from $819.2 billion -up 2.70% over the reporting period. Bitcoin and Ethereum’s market cap increased by 1.67% and 3.74% to $317.09 billion and $148.88 billion, respectively. The top 10 cryptocurrencies all posted gains…

[ad_1] BlockFi became the latest platform to succumb to crypto contagion, filing for Chapter 11 bankruptcy on Nov. 28. Weeks before, after FTX had also filed for bankruptcy, BlockFi issued a statement saying it could not “operate business as usual.” At the same time, the firm implemented a pause on withdrawals to “protect our clients and…

[ad_1] Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Once passed into law, Brazilians can use Bitcoin as a payment method, while digital assets will be recognized as an investment asset class. Bitcoin as payment House bill 4401/21 aims to establish an agency…

[ad_1] Introducing SlateAsia, a new podcast from CryptoSlate focusing on the Asian markets within the crypto industry. CryptoSlate’s Akiba is joined by Jason Fang of Sora Ventures for the bi-weekly show bringing all the latest news, events, and market sentiment from across Asia. Jason Fang is the managing partner at Sora Ventures, an Asian VC…

[ad_1] Bitcoin (BTC) supply per whale has been mimicking the price movements since 2014 and has been declining since the end of 2021, indicating that whales are selling off their holdings, according to data analyzed by CryptoSlate. Supply per whale takes the total BTC supply of addresses that hold between 100 and 10,000 BTC and…

[ad_1] The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The page, hosted on the Gemini website, reveals that it holds over $4.6 billion in crypto assets with $601 million in the treasury to back its stablecoin GUSD. However, data from several sources, including…

[ad_1] Ethereum (ETH) recently became the most deflationary it had historically ever been amid the FTX collapse, reaching a deflationary percentage of -0.00514%, but as of Nov 29, ETH has lost almost all deflationary gains. ETH now sits at a deflationary percentage of -0.00090%. This loss of deflationary gain equates to over an 80% retracement…

[ad_1] CryptoSlate Wrapped Daily: More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’ Coinbase reserve declined by 50,000 BTC daily between Nov. 23 and Nov. 27-equating to roughly $3 billion, JP Morgan said that the coming regulation may lead to convergence of crypto and TradFi, and much more in this edition of…

[ad_1] Fantom (FTM) has grown by over 17% following Andre Cronje’s revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. Cronje said Fantom was cash positive, and it was still scaling up. Cronje says DeFi saved Fantom Cronje said the Foundation might have stopped operating if DeFi…