Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE — hit a $25 million market capitalization within two hours of its launch before it was rugged and lost more than 95% of its value. The scammers, who…
Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency. Source link
Quick Take Samson Mow recently stirred discussion on X by declaring that “$58k is the new $9k” for Bitcoin. Intrigued by this bold statement, we decided to put Mow’s theory to the test by examining Bitcoin’s trading patterns, especially in light of its historical price behavior. Since reaching its all-time…
Controlling machines with your thoughts sounds cool, but communication is a two-way street. Source link
Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside $50 million in assumed debt. In a joint Aug. 21 statement, both companies revealed that their Boards of Directors unanimously approved the transaction. The deal—subject to regulatory…
As an institutional trader, I learned not to borrow too much in leverage from the exchange I was trading on, and to be right more often than I was wrong. Source link
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…
Johnsson’s claims spark questions about cryptocurrency regulation and market stability amid potential USMS sale of Silk Road Bitcoin Source link
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023. Source link
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence. Source link