Tag: Cryptoslate

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Bitcoin’s weekend dip shakes out short-term holders

Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13 Despite the initial fears of a broader conflict in the Middle East developing and a

Buenos Aires charges Worldcoin with consumer law violations, warns of $1.2 million fine

The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement According to the notice,

On-chain sleuth ZachXBT says X’s controversial ‘not a bot’ fee unlikely to eliminate scams

Crypto commentator ZachXBT criticized an annual fee that X now requires from new accounts ZachXBT wrote on April 15 that the new policy will not eliminate bot account-driven scams because

Senators demand detailed accounting of CFTC’s interactions with SBF

US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and

UK to legislate ‘whole host’ of crypto activities starting in the summer

UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities Speaking at the Innovate Finance Global Summit (IFGS)

Stablecoin regulation more likely this year following key discussions among lawmakers

Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session,

USDe maintains full collateralization amid first market ‘stress test’

Ethena Labs, the entity behind the USDe synthetic dollar, has released the asset’s first attestation report, which shows the stablecoin remained fully collateralized over the past week despite

Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like Polkadot

Digital asset investment products experienced a notable setback, with outflows reaching $126 million last week, according to CoinShares’ latest weekly report Bitcoin’s outflow accounted

Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs

Quick Take Hong Kong ETFs Hong Kong has recently approved Bitcoin and Ethereum ETFs, following in the footsteps of the US, where BTC funds have been incredibly successful However, senior Bloomberg

Bitcoin’s long-term holders shift to accumulation

Quick Take Long-term holders (LTHs) are defined by Glassnode as investors holding Bitcoin (BTC) for 155 days or more Renowned for their astute investment strategies, LTHs typically accumulate BTC

Vitalik Buterin’s RailGun advocacy triggers sharp rise in privacy tokens

Ethereum co-founder Vitalik Buterin emphasized the importance of privacy in crypto transactions amid reports that he used the privacy tool RailGun to obfuscate his transactions Earlier today, Wu

Bitcoin sees record fees in 2024 as halving approaches

Quick Take As the Bitcoin halving draws near, Bitcoin activity is witnessing a significant uptick in fees and hash rate Fees On April 12, Bitcoin recorded its highest one-day fees in 2024, reaching
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