Tag: Cryptoslate

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Germany intensifies Bitcoin sell-off before 5% rebound in market rally

The German government is intensifying its divestment of Bitcoin seized from a movie piracy website, adding selling pressure to an already jittery market According to Arkham Intelligence data, the

BlackRock’s IBIT only outflow marked local Bitcoin bottom indicating key signal

Quick Take Data from Farside indicates that Bitcoin (BTC) exchange-traded funds (ETFs) experienced a significant $1745 million outflow on June 24, marking the ninth outflow in the last ten trading

Julian Assange free from prison – leaves UK for Saipan after striking US deal

Julian Assange, the founder of WikiLeaks, has been released from Belmarsh prison in the UK after reaching a plea deal with US authorities, marking a significant development in his long-running legal

Bitcoin’s supply in profit drops to 80% as post-halving effects take hold

Onchain Highlights DEFINITION: The percentage of circulating supply in profit, ie the percentage of existing coins whose price at the time they last moved was lower than the current price 

Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto

Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19 The bill, HB 488, prevents governing authorities from accepting

Telegram-based web3 game Hamster Kombat draws Irani general’s ire amid rising local player base

Iranian government officials and hardliners are voicing strong opposition to the play-to-earn blockchain game “Hamster Kombat,” claiming it serves as a tool of Western soft power aimed at

Coinbase could face regulatory challenges over alleged ‘tailored accounting metrics’ under new FASB rules

Coinbase could face regulatory challenges over its compliance with new FASB accounting rules that shift the accounting and disclosure for crypto to a fair-value model from a cost-less-impairment

Analyst predicts limited impact from Mt. Gox Bitcoin distribution amid market slide – Galaxy

Galaxy’s head of research, Alex Thorn, believes the impending distribution of more than 140,000 Bitcoin (BTC) from the defunct Mt Gox exchange will have a less severe market impact than

Polkadot’s eyes stablecoin dominance with new proposal

The Polkadot community wants to establish the blockchain network as a leader in stablecoin payments with a new proposal to boost adoption The proposal, which received unanimous community support,

Riot Platforms calls for shareholder meeting to oust Bitfarms’ founder from board

Riot Platforms has decided to abandon its bid to acquire rival Bitfarms Instead, it seeks to overhaul Bitfarms‘ Board of Directors before considering further takeover attempts On June 24, Riot

Bitfinex whales boost long positions by 2,500 BTC

Quick Take Bitcoin experienced a continuous drop from roughly $70,000 to $60,000 within a 17-day span in June 2024 Throughout 2024, CryptoSlate has closely monitored the activities of Bitfinex

Cathie Wood says she will vote for Trump as he is ‘best’ choice for US economy

Ark Invest CEO Cathie Wood said she intends to vote for former US president Donald Trump in the forthcoming November elections Wood revealed her intentions during an interview with financial analyst