Category: Uncategorized

[ad_1] The biggest news in the cryptoverse for Nov. 4 includes Bitcoin’s outperformance of Nasdaq after the Fed raised interest rates, Do Kwon’s invitation to all law enforcement in the world to join an online conference, and DOGE’s 9% fall amid Twitter’s class-action lawsuit. CryptoSlate Top Stories Bitcoin outperformed NASDAQ after Fed raised rates by…

[ad_1] The next Bitcoin (BTC) mining difficulty adjustment will take place on Nov. 6, Sunday, and is expected to increase. If it does, it could record a new all-time-high for the third time in a row, according to data analyzed by CryptoSlate. Mining difficulty Bitcoin mining difficulty The chart below demonstrates the Bitcoin mining difficulty…

[ad_1] wMarket Update Over the last 24 hours, the cryptocurrency market cap saw net inflows of $21.2 billion to $1,030.6 billion from $1,009.4 billion as of press time — up 2.1%. During the reporting period, Bitcoin’s market cap grew 1.7% to $395.8 billion from $389.2 billion. Meanwhile, Ethereum’s market cap increased by 2% to $194.3…

[ad_1] The Gala Games community suffered a scare late Nov. 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset’s value by nearly 30%. While blockchain security company PeckShield raised concerns about a possible hack, the team at pNetwork quickly responded that it was responsible for the white hat…

[ad_1] Bankrupt Bitcoin (BTC) mining data center operator Compute North paid its top executives over $3 million in benefits before filing for bankruptcy on Sept. 22, according to an Oct. 28 court filing. The court documents showed that the firm paid its former CEO Dave Perrill $612,792 for payroll and benefits. The bankrupt lender paid…

[ad_1] CryptoSlate’s analysis of Bitcoin’s (BTC) realized price and cost basis cohorts revealed that the transition from the current bear market could potentially transition to a bull market by the end of the first quarter of 2023. Realized Price The realized price is calculated by dividing Realized Cap by the current supply. The realized cap…

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4.6 billion to $1,009.4 billion from $1,004.8 billion as of press time — up 0.5%. During the reporting period, Bitcoin’s market cap fell 0.8% to $389.2 billion from $392.3 billion. Meanwhile, Ethereum’s market cap increased by 0.3% to $190.4 billion from…

[ad_1] The 2022 high for Ethereum denominated in Bitcoin was 0.084BTC just before The Merge, and a recent rally has investors considering if Ethereum could regain its pre-merge high. Ethereum made strong gains against Bitcoin ahead of The Merge on Sept. 15. However, the second-largest cryptocurrency by market cap failed to reach the all-time high…

[ad_1] The U.S. Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on Oct. 2, bringing the Federal Funds Rate to 3.75 – 4%. Bitcoin reacted with an immediate 3% swing to the upside, topping out at $20,700 on the 18:00 (UTC) candle. The Fed presses…

[ad_1] Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between Oct. 31 and Nov. 2, according to data analyzed by CryptoSlate. The market maker sold $168 million worth of USDT to FTX. It sold $66 million USDP to Binance and $50 million USDC to…