Jamie Dimon, the CEO of JPMorgan, took aim at Bitcoin once again during an interview with CNBC at Davos 2024 on Jan. 17. Dimon expressed an unusual theory in which he suggested that Bitcoin (BTC) could be eliminated once its maximum supply is issued. He said: “I think there’s a…
A court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) took place on Jan. 17 concerning earlier charges. In June 2023, the SEC alleged that Coinbase illegally operated a unregistered national securities exchange, broker, and clearing agency and that its crypto staking service involved the unregistered sale…
Crypto exchange Gemini has been registered as a Digital Asset Service Provider (DASP) in France by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, according to a Jan. 17 statement. The registration would enable it to cater to retail and institutional customers in France. Moreover, the regulatory…
In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, discussing various pivotal aspects shaping the future of blockchain and cryptocurrency. This interview explores the impact of traditional financial instruments like ETFs on the crypto…
USD Coin (USDC), the second-largest stablecoin by market capitalization, has seen its market share on centralized crypto trading platforms grow significantly during the past months. Data from Paris-based crypto intelligence platform Kaiko showed that USDC’s market share doubled to over 10% from around 5% in September 2023, mainly due to…
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…
Quick Take According to Arkham Intelligence data, Grayscale transferred another 18,400 BTC to a Coinbase Prime hot wallet on Jan. 17. Sent in several 1,000 BTC transactions, the Bitcoin was valued at around $800 million as of press time. On Jan. 16, a similar transfer worth $387 million was also…
One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres through their daily attestations reveals some illuminating data. For clarity…
Asset management firm ARK Invest has strategically incorporated the Ark 21Shares Spot Bitcoin ETF (ARKB) into its Next Generation Internet ETF (ARKW), according to the company’s latest trade filing seen by CryptoSlate. In this move, the Cathie Wood-led firm liquidated 757,664 shares of the ProShares Bitcoin Strategy ETF (BITO) at…