Quick Take Recent data analysis from Datamish reveals intriguing dynamics among Bitfinex whales, especially their consistent trend in closing long positions. As highlighted by CryptoSlate, a tangible reduction of 3,500 BTC was seen in early December, pulling the total down to 76,500 BTC. Despite the tumultuous journey Bitcoin has embarked…
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Bitcoin prices recovered past the $40,100 mark on Jan. 24, 2024 amidst continued inflows and outflows involving various spot Bitcoin ETFs. Bitcoin (BTC) was up nearly 1% over the 24 hours ending at 11:55 p.m. UTC. on Wednesday, reporting a price of $40,143 and a market cap of $786 billion.…
A new investigation into FTX should have a limited impact on the company’s bankruptcy case, Bloomberg reported on Jan. 24. The investigation results from a recent order from a Philadelphia court of appeals that requires the appointment of an examiner. Judge John Dorsey emphasized the potential cost of such an…
The U.S. Securities and Exchange Commission (SEC) extended the decision period on BlackRock’s planned spot Ethereum ETF on Jan. 24. That notice concerns a proposed rule change allowing Nasdaq to list and trade shares of the BlackRock iShares Ethereum Trust. Previously, the SEC was required to approve, reject, or institute…
Nexo, a crypto lending firm, said on Jan. 24 that it aims to obtain $3 billion in damages from Bulgaria over a cancelled criminal investigation. The company said in a statement: “[Nexo has] filed an over $3 billion ICSID arbitration claim against the Republic of Bulgaria for damages and lost…
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…
Grayscale: Bitcoin Trust (1HUA4) Coinbase Prime Deposit (36hGZ) (+1) 827153 918.69 $ 36,733,056.64 Grayscale: Bitcoin Trust (12HSV) Coinbase Prime Deposit (3KbK5) (+1) 827153 950.00 $ 37,984,801.75 Grayscale: Bitcoin Trust (19Zy1) Coinbase Prime Deposit (36hGZ) (+1) 827153 914.56 $ 36,567,691.29 Grayscale: Bitcoin Trust (1QDh5) Coinbase Prime Deposit (36hGZ) (+1) 827153 913.72…
Popular NFT project OnChainMonkey (OCM) has unveiled KARMA tokens as part of its efforts to expand its burgeoning ecosystem, according to a Jan. 24 statement shared with CryptoSlate. OCM explained that KARMA is strategically designed to elevate its brand presence and capture the market’s attention towards its platform. The digital…
Dr. Craig Wright, the controversial Australian computer scientist, has backtracked from his impending legal battle with the Crypto Open Patent Alliance (COPA) by proposing a settlement offer for the trial. According to a Jan. 24 statement, Wright’s proposed offer includes the relinquishment of database rights and copyright claims on “Bitcoin…