Research firm TokenInsight released its Q1 Crypto Exchange Report — showing centralized platforms had a buoyant start to 2023. The report stated that, during the quarter, the total crypto market cap had grown from $831.8 billion to $1.24 trillion — a nearly 50% increase. Bitcoin (BTC) jumped almost 100% from…
If Bitcoin (BTC) were a country, it might be one of the biggest in the world. That’s according to Jeff Booth, general partner at Bitcoin venture fund Ego Death Capital and author of The Price of Tomorrow: Why Deflation is the Key to an Abundant Future. Cointelegraph spoke to Booth to better understand…
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Crypto exchange Binance is set to reenter Japan after acquiring the regulated crypto exchange platform Sakura Exchange Bitcoin (SEBC). Binance acquired the exchange — a Japan Financial Services Agency-licensed business — in November 2022, intending to reenter the Japanese crypto market. According to a report published in a local daily, SEBC would…
According to the CryptoSlate data, the Render Network token (RNDR) recorded a 43% surge in two days after the community approved the network’s Solana (SOL) expansion. The Render community approved two proposals, RNP-002 and RNP-003, on April 26 — which determined an expansion to the SOL blockchain and a new…
A new survey suggests that 46% of millennials across major population countries, such as the United States, China, Japan, Germany, Indonesia and Nigeria, own cryptocurrencies. The study, conducted between July 2022 and January 2023 and published on April 28 by cryptocurrency exchange Bitget, featured approximately 255,000 adult respondents from 26…
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. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t…
Crypto exchange KuCoin confirmed that the address that’s allegedly responsible for launching thousands of meme coin scams belongs to one of its users. However, the exchange will not freeze the user’s assets without any official notice from law enforcement. On April 26, a Twitter user identified a wallet address that…
Quick Take Bitcoin (BTC) Futures Open Interest (FOI) is the total amount of funds (USD Value) allocated in open futures contracts. Currently, 334,000 Bitcoin is allocated in FOI contracts, the lowest for one year — which is healthy. While the Estimated Leverage Ratio broke below 0.2 for only the fourth…
According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such…