What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of…
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Bitcoin crossed $60,000 on Feb. 28 in a remarkable one-day candle, posting a 20% increase in just three days. However, the short stint at this level means we’ll have to wait another 24 hours before any meaningful on-chain data becomes available. However, the possibility of a correction within the next…
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Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer platform, according to CryptoSlate sources. Nigeria has the highest peer-to-peer volume in the world due to the high level of adoption in the country, The development comes amid increasing regulatory concerns about…
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On a monumental day for Bitcoin, where it opened at $56,900, the flagship digital asset has officially exited the bear market according to the Bitcoin Power Law model. After surpassing $61,000, it has now reached the ‘fair price’ of $61,594, aligning with the projected power law price. Power law model…
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Senator Elizabeth Warren expressed willingness to engage the crypto industry if players in the industry adhere to regulatory standards akin to those in traditional finance. In a Feb. 27 Bloomberg interview, Warren said: “I want to collaborate with the industry, what I don’t understand is why the industry seems to…
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Justin Sun, the founder of the Tron network, owns over a quarter of the assets on the HTX (formerly Huobi) exchange reserves, as revealed in a screenshot of his wallet balance disclosed on social media platform X (previously Twitter) on Feb. 27. Although the screenshot lacks a detailed breakdown of…
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Quick Take Bitcoin is notoriously unpredictable, rendering market timing an arduous task. Different investment strategies exist, including dollar-cost averaging and lump-sum buying, each with unique merits. However, recent research from Fundstrat, shared by the CEO of Bitwise, Hunter Horsley, sketches a striking pattern: missing the ten best days of Bitcoin’s…
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HashKey, the operator of one of Hong Kong’s licensed crypto exchanges, secured an in-principle approval from Singapore’s leading financial regulator, the Monetary Authority of Singapore (MAS), for a Major Payment Institution (MPI) license via its over-the-counter trading arm, Hashkey OTC, according to a Feb. 28 statement shared with CryptoSlate. The…
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Quick Take The inflationary scenario the economy has been grappling with since 2021 has prompted a fresh look at Bitcoin’s performance. Central banks have leveraged the Consumer Price Index (CPI) methodology to target their 2% inflation mandate, a model that has its critics due to the representation of the ‘basket’…
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What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of…