Tag: Cryptoslate
Blockchain
Singapore bank DBS in top 40 Ethereum holders with $648 million stash, Nansen finds
Blockchain analytical platform Nansen said Singapore’s largest bank, DBS, is an Ethereum whale after identifying a wallet purportedly belonging to the financial institution In a May 30 social
Blockchain
Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842
Quick Take MicroStrategy was the first publicly traded company in the US to acquire Bitcoin and use it as a treasury asset, beginning this practice in August 2020 Since then, the company has amassed
Blockchain
Vitalik Buterin donates over $100,000 to Tornado Cash developers’ legal defense
Ethereum co-founder Vitalik Buterin donated 30 ETH, approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm Etherscan data shows that Buterin
Blockchain
BlackRock IBIT on track to surpass iShares Gold ETF $29 billion AUM by year-end
The latest data from Farside reveals slowing inflows into Bitcoin (BTC) exchange-traded funds (ETFs), totaling $283 million on May 29 Of the 11 ETF issuers, six experienced positive inflows, with
Blockchain
Senator Lummis says crypto will play important role in US economy post-elections
Senator Cynthia Lummis recently said the crypto market will play a significant role in the US economy unless the opportunity is squandered Lummis, a vocal advocate for pro-crypto legislation,
Blockchain
Bitcoin addresses with positive balances surpass 52.5 million amid strong growth since 2020
Onchain Highlights DEFINITION: Number of Addresses with a Non-Zero Balance by Glassnode is the number of unique addresses holding a positive (non-zero) amount of coins The number of addresses with a
Blockchain
Cathie Wood says ETH ETF approvals were political, praises El Salvador’s BTC approach
ARK Invest CEO and CIO Cathie Wood asserted on May 29 that the US SEC greenlit spot Ethereum ETFs for political reasons At Coindesk’s Consensus 2024, Wood identified two developments that
Blockchain
Mastercard launches Crypto Credentials system to simplify crypto transactions
Mastercard launched Mastercard Crypto Credential on May 29, enabling users to send and receive crypto using simplified aliases instead of complex blockchain addresses, according to a press release
Blockchain
Deutsche Bank sees blockchain as key to tackling margin compression
Deutsche Bank AG has announced its strategic push into blockchain technology as a potential remedy for the margin compression challenges facing the financial services industry, Bloomberg News
Blockchain
Gemini Earn returns over $2 billion in crypto, triggering concerns of sell pressure
Crypto exchange Gemini said users of its now-defunct Earn product received $218 billion of their digital assets, according to a May 29 statement These distributions amount to 97% of the total digital
Blockchain
Bitfarms rejects Riot’s unsolicited acquisition offer
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company The proposal, received on April 22, offered $230 per common
Blockchain
Bitcoin miner capitulation: 14 days in, compared to 41-day average over the past 5 years
Quick Take The Hash Ribbon chart by Glassnode is a market indicator that identifies potential bottoms in Bitcoin’s price by analyzing miners’ behavior Specifically, it suggests that
