Tag: Cryptoslate
Blockchain
Kraken spotlights SEC inability to identify ‘investments contract’ in digital assets
Kraken has refuted the Securities and Exchange Commission’s (SEC) claims that its platform listed securities, pointing out that the financial regulator’s arguments attempt to restructure
Blockchain
Metaplanet boosts its Bitcoin reserves, positions itself as Asia’s MicroStrategy
Japan-based Metaplanet has acquired additional Bitcoin, according to a May 10 disclosure statement on social media platform X The firm revealed that it bought 1987 BTC on April 23 at an average price
Blockchain
Hong Kong and US ETFs see modest outflows on mixed day
Quick Take US ETFs According to the latest Farside data, US Bitcoin exchange-traded funds (ETFs) experienced outflows on May 9, totaling $113 million Notably, the Grayscale Bitcoin Trust (GBTC)
Blockchain
Ordinals sales elevate Magic Eden to top NFT marketplace surpassing Blur by $108 million
Magic Eden has surpassed Blur to become the top NFT marketplace in terms of trading volume, marking a significant shift in the competitive landscape of digital asset exchanges This development comes
Blockchain
Luxor Q1 report predicts recovery in Bitcoin hashprice over next five months
Quick Take The Bitcoin mining sector has faced challenges with historically low hashprices in recent weeks following the halving event However, hash prices surged to multi-year highs on the day of
Blockchain
What the current price stability means for the Bitcoin futures market
The futures market is a critical component of the Bitcoin market, enabling investors to hedge against price volatility or to speculate on future price movements Open interest is particularly telling
Blockchain
BlockFi to shut down web platform, turn to Coinbase as distribution partner
Bankrupt crypto lender BlockFi said on May 9 that it would shut down its web platform by the end of May and rely primarily on Coinbase as a distribution partner The change ensures that BlockFi
Blockchain
Hoskinson accuses Biden administration of ‘coordinated effort to kill crypto’
Cardano founder Charles Hoskinson has accused Joe Biden’s administration of a deliberate attempt to stifle the growth of the crypto industry in the US and urged crypto holders to reconsider
Blockchain
US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1
US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8 The company revealed it purchased roughly 87,744 shares of Fidelity’s FBTC worth $54 million, 46,011 shares of
Blockchain
Record-breaking user engagement on Polkadot despite price slump
Polkadot blockchain activity has surged to record levels, with active addresses hitting all-time highs for two consecutive months Data from DotLake indicates the network boasted around 650,000 active
Blockchain
EU securities watchdog to review crypto eligibility for UCITS investments
The European Securities and Markets Authority (ESMA) has initiated a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable
Blockchain
Robinhood CEO says SEC unwilling to facilitate crypto industry despite ‘good faith’
Robinhood CEO Vlad Tenev voiced strong concerns about the limitations regarding the accessibility of crypto for Americans and criticized the SEC for its “regulation by enforcement”
