An unknown Ethereum whale has been accumulating ETH at a rapid pace since the start of February. Over the past 23 days, wallet 0x7a95c has acquired $411 million worth of ETH and stETH, mostly from Binance. Data shared with CryptoSlate from Spotonchain traces the ETH inflows into the wallet throughout…

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Filecoin has surged to a new yearly high amid significant development within its ecosystem. The decentralized storage protocol’s FIL token price soared to a yearly peak of $8.43 but has slightly corrected to $7.92 as of press time, according to CryptoSlate data. Notably, FIL is the only digital asset among…

Quick Take Since Feb. 14, Bitcoin has consistently stayed above the $50,000 mark, venturing into largely uncharted territory. Prior to this, CryptoSlate reported Bitcoin was consolidating between the $40k and $45k range for 146 days. This observation aligns with Bitcoin’s historical behavior of consolidating within $5,000 increments for periods ranging…

Quick Take Analysis shared by Network State author Balaji Srinivasan indicates that Bitcoin has surpassed its all-time highs against currencies of fourteen different countries, which collectively represent over a billion people and account for more than $7 trillion in GDP. Among these countries are Argentina and Japan, which just entered…

Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department and associated entities, such as the Energy Information Administration (EIA) and the Office of Management and Budget (OMB), concerning their recent move to survey Bitcoin miners. The Feb. 22 court…

Kraken claimed the US Securities and Exchange Commission (SEC) charges against it stemmed from its advocacy for the agency to operate within regulatory boundaries. In a Feb. 22 blog post, Kraken said the SEC initiated legal action against the firm after its testimony before the House Financial Services Committee and…

In virtually any industry, from traditional retail to cutting-edge technology, the significance of customer onboarding remains a constant and critical factor in shaping the trajectory of a business. It’s the handshake, the warm welcome, and the guiding light that ushers new customers into a world of products or services. This…

Adam Back has submitted his early correspondence with Bitcoin creator Satoshi Nakamoto to a UK court as part of his testimony in the Crypto Open Patent Alliance (COPA) vs. Craig Wright trial on Feb. 22. Back is testifying against Wright, who claims to be the creator of Bitcoin and wants…

Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was…