Tag: Cryptoslate
Blockchain
Brazil’s tax department to begin collecting information from foreign crypto exchanges
Brazil’s Special Department of Federal Revenue will begin collecting information from foreign crypto exchanges to ensure their operations are in compliance with local regulations, Reuters
Blockchain
Hashdex, Nasdaq file application for a dual Bitcoin, Ethereum ETF
Crypto asset management firm Hashdex has put forward a proposal for a spot exchange-traded fund (ETF) that would directly hold both Bitcoin and Ethereum New York-based stock exchange Nasdaq disclosed
Blockchain
Polkadot co-founder proposes new Plaza system to unify parachains and enhance scalability
Polkadot co-founder Rob Habermeier has proposed Plaza, a new system chain designed to unify parachain functionalities and enhance network scalability According to Habermeier, the current distribution
Blockchain
Post-halving congestion slashes Bitcoin active entities to levels unseen in three years
Onchain Highlights DEFINITION: The number of unique entities that were active either as a sender or receiver Bitcoin’s active entities have shown significant variability over recent months
Blockchain
Financial watchdog clarifies role amid South Korea’s new crypto compliance crackdown
South Korea’s Financial Supervisory Service (FSS) has clarified its role regarding the rumored removal of numerous digital assets from local crypto exchanges On June 17, reports emerged that
Blockchain
Inside USDT’s ongoing battle with FUD – Tether CEO Paolo Ardoino Exclusive
CryptoSlate’s James Van Straten and I sat down with Paolo Ardoino, the CEO of Tether, at BTC Prague this month In one of Paolo’s most transparent to date, he addressed several critical
Blockchain
Bitcoin’s volatility hits new lows during prolonged market consolidation
Quick Take Glassnode defines realized volatility as the standard deviation of returns from the mean return of a market, indicating market risk High values signal high-risk phases Unlike implied
Blockchain
Idaho Republicans oppose central bank digital currency, advocate for Bitcoin
The Republican Party of Idaho has vehemently opposed the creation of a Central Bank Digital Currency (CBDC) in the United States, advocating instead for using decentralized digital currencies like
Blockchain
Bitcoin dominance exceeds 56% as ETH/BTC ratio heads lower
Quick Take Bitcoin continues to trend down, falling over 11% from its all-time high Despite this, Bitcoin dominance is on the rise, currently surpassing 56% This level was briefly seen in April this
Blockchain
Bitcoin hits one-month low as altcoin sell-off triggers $455 million crypto liquidation
Bitcoin’s (BTC) price dropped to a one-month low following three consecutive trading days of outflows from its spot exchange-traded funds (ETFs) The leading digital asset surged to $67,000
Blockchain
Third straight trading day of Bitcoin ETF outflows: $145.9M pulled
Quick Take Farside data shows that on June 17, Bitcoin (BTC) exchange-traded funds (ETFs) experienced another day of significant outflows, totaling $1459 million This marks the third consecutive
Blockchain
Demand for stablecoins grows as market prepares for volatility
A steady increase in the circulating supply of stablecoins shows an increasing demand for these assets It suggests that more traders and investors are preparing to enter the market or facilitating
