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Bitcoin approaches new yearly highs after erasing 20% dip
Bitcoin touched the $49,000 on Feb. 12, reclaiming the price levels it hit after the historic approval of spot Exchange-Traded Funds (ETFs) related to the flagship crypto at the start of […]
February’s Bitcoin ETP net inflows close to total of previous three months
Quick Take ByteTree has reported a massive influx in the global allocation of Bitcoin among exchange-traded products (ETPs) since October 2023, adding roughly 100,000 BTC. According to ByteTree data, approximately […]
SafeMoon SFM token drops 6% following $11 million liquidity drain
More than $11 million worth of digital assets were removed as liquidity from various pools of the controversial crypto project SafeMoon, according to blockchain security firm Cyvers Alert. Following the […]
Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares
Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum […]
Short-term Bitcoin holders send over $4B in profit to exchanges
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. […]
Sora Ventures launches $2 million Liquid Fund for Bitcoin Ordinals ecosystem
Venture capital firm Sora Ventures has launched a $2 million liquid fund focused on projects building within the TTP ecosystem. This ecosystem comprises several assets, including $TRAC, Tap Protocol, and […]
Bitcoin ETFs witness explosive $542 million inflow in a single day
Quick Take Data compiled by Farside Investors shows that on Feb. 9, the net inflow surged to reach $542 million. BlackRock IBIT accounted for approximately just under half of these […]
Not all blockchains need to be pseudonymous
Blockchain technology holds the potential to enhance various industries, particularly in the financial sector. Layer one protocols, which are essentially the base layer of any blockchain network, serve as key […]
What are credit spreads, why are they tight, and what does it mean for Bitcoin?
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. […]
California’s 8.2 million crypto owners poised to influence 2024 elections – Coinbase
A recent study conducted by Toluna for Coinbase reveals that crypto users in California are poised to significantly influence the state’s political direction in the 2024 elections. With an estimated […]