Tag: Cryptoslate
Blockchain
Bitcoin breaks yet another all-time high, now testing $92,000
Bitcoin surged to a new all-time high of $91,831, breaking past its previous peak of $89,900, which had reached just a day earlier The top digital asset is now trading at $91,800, with a 24-hour gain
Blockchain
DOJ targets $16 million in Binance account tied to Sam Bankman-Fried foreign bribery case
The US Department of Justice (DOJ) filed a civil forfeiture complaint to seize approximately $16 million in assets from a Binance account connected to an FTX bribery case, according to a Nov 12 court
Blockchain
US inflation rises coming in at expected 2.6%, Bitcoin breaks over $89,000 again
The US Bureau of Labor Statistics released October’s Consumer Price Index data today The annual inflation rate increased to 26% from the previous 24%, aligning with forecasts Month-over-month,
Blockchain
South Korean police arrest YouTuber, 11 others in $231M crypto fraud case
South Korean police have arrested 12 suspects, including a prominent YouTuber, in connection with a $231 million crypto fraud that affected more than 15,000 investors, local media outlet Yna reported
Blockchain
US Treasury bond ETFs lose half their value against surging Bitcoin
US Treasury bonds, tracked via their equivalent US ETFs, have significantly underperformed Bitcoin in 2024 The TLT iShares 20+ Year Treasury Bond ETF (20+ years) declined by 816% year-to-date, but
Blockchain
Bitcoin’s correlation with gold hits lowest level in a year post Donald Trump victory
Bitcoin’s correlation with gold prices has fallen to its lowest level in nearly a year following Donald Trump’s recent election victory on Nov 5 According to K33 Research, the 30-day
Blockchain
Linea Association unveils plan for decentralized governance with LINEA token
At Devcon in Bangkok, the Linea Association announced its formation to oversee the development and governance of Linea’s open-source technology and ecosystem The Swiss non-profit aims to
Blockchain
Donald Trump taps Elon Musk, Vivek Ramaswamy for new Department of Government Efficiency (DOGE) initiative
US President-elect Donald Trump has appointed two prominent crypto supporters—tech mogul Elon Musk and former Republican presidential candidate Vivek Ramaswamy—to lead a new initiative, the
Blockchain
Binance sees $7 billion inflow after US elections amid crypto rally
Binance revealed that it has seen billion-dollar inflows following the just-concluded US elections, according to a Nov 12 report shared with CryptoSlate Since the Nov 5 election that former President
Blockchain
Ethereum ETFs surge after US election, approaching positive net flows
Spot Ethereum (ETH) exchange-traded funds (ETF) amassed $2955 million in inflows on Nov 11, their highest daily positive net flow since launch — bringing them $29 million away from positive net
Blockchain
Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism
BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China’s state-led capitalism under
Blockchain
Fed Governor Waller questions CBDC utility for payments
Federal Reserve Governor Christopher Waller recently expressed skepticism about the need for a central bank digital currency (CBDC) in the US payment system Waller made the comments during a speech
