In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to monetary policy and interest rate cuts. Analyst Noelle Acheson recently highlighted these trends, noting that their timing coincides…
-
-
Spot Bitcoin ETFs have continued their record-breaking performance this week, recording over $10 billion in volume on March 5 — the highest since their launch in January. The previous record was set on Feb. 28, when the ETFs recorded a collective trading volume of approximately $7.7 billion. IBIT, FBTC retain…
-
Senate candidate John Deaton announced he will begin accepting crypto donations to support his campaign against Elizabeth Warren. Deaton, whose resume spans from the US Marines to crypto law, unveiled his campaign with a video on Feb. 20 that showcased his journey from a challenging childhood in Detroit to his…
-
Crypto exchange Binance said it would discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach this week, according to a Mar. 5 statement. The Richard Teng-led crypto platform stated that its Nigerian users would not enjoy several NGN-related services, including deposits, withdrawals, conversions,…
-
Bitcoin miner Argo Blockchain sold one of its sites to repay debt amid its declining BTC production last month. Argo sells site to repay debt In a Mar. 5 statement, the miner explained that it sold its Mirabel Facility in Quebec for $6.1 million. Following the sale, Argo allocated $4…
-
Bitcoin experienced a notable price adjustment, declining nearly 9% following its ascent to a record-setting pre-halving all-time high. The leading digital currency, which captured significant attention for its surge to $69,324, subsequently corrected to roughly $64,580 within an hour — illustrating the market’s volatility. Bitcoin price action has remained subdued…
-
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…
-
Terraform Labs co-founder Do Kwon’s extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on the Court’s website. This development occurs amid bankrupt Terraform Labs’ recent legal wrangle with the US SEC. Why was Kwon’s extradition annulled? According to the Court,…
-
Fetch.AI, an artificial intelligence-related blockchain network, has unveiled plans to deploy cutting-edge graphics processing units (GPUs) and introduce rewards for FET holders following a recent $100 million infrastructure investment, according to a Mar. 5 statement shared with CryptoSlate. $100 million infrastructure development fund The AI platform revealed it secured $100…
-
As the cryptocurrency market witnesses a vibrant surge, buoyed by Bitcoin’s rally to $68k, a wave of optimism sweeps through the digital asset space. This renewed enthusiasm is not just confined to the world’s leading cryptocurrency but has also ignited a bullish momentum across a spectrum of altcoins and exchange-native…