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…
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…
Digital asset investment products have experienced six consecutive weeks of outflows, totaling $272 million, according to a May 30 report from CoinShares. This negative sentiment reflects the broader market trends, with investment products being more active than the overall digital asset space. The report highlighted that Bitcoin experienced a decline…
Binance is exploring the possibility of letting some of its institutional clients hold their trading collateral for margin trading in spot and derivatives at a bank, according to Bloomberg. The exchange reportedly spoke to several institutional clients about enabling bank-held collateral deposits, with Swiss-based FlowBank and Liechtenstein-based Bank Frick named…
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…
The S&P 500 index, a key barometer of U.S. equities, stood at 4,151 points at the closing bell on May 29, showing a year-to-date (YTD) percentage growth of 9.15%, standing at odds with the growing inflation and potential recession. Graph showing the S&P 500 in 2023 (Source: TradingView) In parallel,…
OKX sent $8.3 million in different crypto assets to Alameda Research over the past seven days, according to the Arkham Intelligence dashboard. The transfers, which happened in multiple transactions on May 29, saw the exchange send between $60,000 – $1.4 million worth of different cryptocurrencies to the bankrupt crypto firm.…
Quick Take Nvidia is up 183% year-to-date and hit a $1 trillion market cap today as the market opened, with a share price of $406. Before the market opened, Nvidia’s market cap was at $963 billion, already ranking the company’s stock among the world’s top ten assets by market cap.…
Defense lawyers for Sam Bankman-Fried allege that U.S. authorities overstepped the mark in prosecuting the former FTX CEO, arguing that regulatory infractions should not be prosecuted as federal crimes. SBF lawyers say charges are not federal crimes Bankman-Fried was arrested in the Bahamas on Dec. 12, 2022, following the collapse…
The cryptocurrency market saw net inflows of $6.3 billion and currently stands at $1.17 trillion — up 0.5% from $1.16 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.2% and 0.3% to $541.27 billion and $229.37 billion, respectively. Over the last 24 hours,…