Tag: Cryptoslate

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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time The price is now 23% below its recent pre-halving all-time high of $73,000 Data

Aevo and Pyth lead May’s $3 billion crypto token unlock wave

The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data Token unlocks involve the gradual release of coins initially held to

Alts signal hits new low, hinting at a potential altcoin rally

One of the many ways to analyze the crypto market is to compare the performance of its segments For the sake of simplicity, leading, large-cap ecosystems like Bitcoin (BTC) and Ethereum (ETH) can be

Matera raises $3.6 million to boost creator economy by fusing DeFi with social media

Web3 startup Matera successfully raised $36 million to build a platform to solve the monetization challenge prevalent in the creator economy, according to a press release shared with CryptoSlate The

Bitcoin reclaims key support above $60,000 after attempt to sweep March lows

Bitcoin (BTC) reclaimed the crucial $60,000 support level in a show of resilience after bears made an attempt to sweep the lows set in March at $59,000, based on CryptoSlate data The flagship crypto

Despite initial volume concerns, Hong Kong’s crypto ETFs launch with strong assets

Quick Take The highly anticipated Hong Kong exchange-traded funds (ETFs) tracking Bitcoin and Ethereum had their first trading day, and while the volume figures may have appeared underwhelming at

Roger Ver arrested in Spain after DOJ files tax fraud charges in the US

The US Department of Justice (DOJ) announced criminal charges against Roger Ver alongside his arrest on April 30 The DOJ charges include mail fraud, tax evasion, and filing false tax returns The

Newconomics Podcast launches with insightful discussions on the future of blockchain and Web3

The Newconomics events organization has launched a new podcast, offering an in-depth look at the rapidly evolving world of blockchain, crypto, and the emerging web3 landscape The Newconomics Podcast,

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison, according to a report from Bloomberg on April 30 Zhao said during sentencing: “I failed here … I deeply

Bitcoin market absorbs 1 million BTC in 5 months

Quick Take While Bitcoin currently trades approximately 20% below its all-time high, the more compelling narrative unfolds within the dynamic flow of coins between short-term holders (STHs) and

McHenry slams Gensler for misleading Congress about Ethereum’s classification

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023 The

Expert fears resurgence of ‘environmental narrative’ as US coal miner generates $30 million by mining Bitcoin

Alliance Resource Partners (ARLP), a US-based coal mining company, said it has successfully mined 425 Bitcoin worth $30 million by harnessing excess energy from its facilities, according to its