Tag: Cryptoslate
Blockchain
Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Institutional investors increasingly sought exposure to crypto during the first quarter of the year following the launch of several US-based spot Bitcoin exchange-traded funds (ETFs) in January The
Blockchain
IBIT vs GLD: A compelling tale of Bitcoin’s growing dominance over traditional gold investments
Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined Leading this surge is BlackRock’s iShares
Blockchain
Polygon leads in EVM efficiency as DeFi users favor low transaction costs
Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and
Blockchain
Bitcoin stabilizes near $63,000 as U.S. economic growth decelerates.
Quick Take Data from Trading Economics shows the United States economy grew at an annualized rate of 16% in the first quarter of 2024, falling short of the forecasted 25% and slowing down from the
Blockchain
Polkadot’s new StorageHub parachain targets improved data storage efficiency
StorageHub, a Polkadot parachain, is joining the decentralized data storage revolution, promoting efficiency and network accessibility through decentralized storage solutions The network would be
Blockchain
Bitcoin options signal cooling bullish sentiment as key support level emerges at $61,000
Quick Take As Bitcoin’s price hovers around $63,000, slightly down over the past 24 hours, the options market is providing insights into shifting investor sentiment ahead of the expiration on
Blockchain
Europe tightens crypto regulations with new anti-money laundering laws
Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money laundering following the European Parliament greenlight of new
Blockchain
Morgan Stanley considers allowing brokers to recommend Bitcoin ETFs to clients
Morgan Stanley could soon allow its 15,000 brokers to recommend Bitcoin (BTC) exchange-traded funds (ETF) to their clients, AdvisorHub reported on April 24 The financial behemoth had initially
Blockchain
BlackRock’s historic 71-day streak ends as IBIT Bitcoin ETF sees zero inflows
The BlackRock IBIT Bitcoin ETF’s monumental 71-day streak of inflows since its inception has finally come to an end, as April 24 saw zero net inflows for the fund It reached the top 10 of the
Blockchain
High Bitcoin fees push active addresses down to 3-year low
On April 20, the day of the Bitcoin halving, total transaction fees paid to miners jumped to 1,25771 BTC, the highest since December 2017 The high amounts starkly contrasted with fees from the
Blockchain
Ex-Binance CEO CZ seeks forgiveness and a fresh start in pre-sentencing apology letter
Binance‘s co-founder and former CEO, Changpeng ‘CZ’ Zhao, submitted a letter of apology to the court on April 24 Zhao, who pleaded guilty to criminal charges earlier this year,
Blockchain
Authorities shut down Samourai Wallet, arrest founders over money laundering charges in $2 billion DOJ case
International authorities collaborated to shut down Samourai Wallet and arrested its two founders on April 24 after the US Department of Justice (DOJ) filed criminal charges against the privacy
