Tag: Cryptoslate
Blockchain
Canary network testing proposed after AMM launch issues on Ripple’s XRP Ledger
Ripple‘s developer arm, RippleX, revealed that some of the recently introduced Automated Market Maker (AMM) pools on XRP Ledger (XRPL) encountered technical issues that prevented transactions
Blockchain
Bitcoin CEX trading volume hits record high in March
Bitcoin‘s trading volume on centralized exchanges (CEXs) saw a significant spike in March, marking the highest recorded CEX volume since May 2021 — and the month isn’t over yet
Blockchain
Last week’s market correction spurred $942 million outflow from investment products
Crypto-related investment products experienced a downturn after a streak of record inflows, with a total outflow of $942 million reported last week, according to CoinShares‘ latest weekly
Blockchain
Bitcoin’s price rally above $69,000 leads to widespread market liquidations
Quick Take Bitcoin has started the week strong with a push above $69,000—up more than 3% today and marking its highest value since March 16 The move triggered a flood of liquidations in the digital
Blockchain
$9 billion in Bitcoin options set to expire on March 29
Quick Take Deribit data indicates that nearly $9 billion worth of Bitcoin (BTC) options are due to expire on March 29, the last Friday of the month, with the total open interest amounting to 133,914
Blockchain
Binance ends Tron USDC support as it faces blockade in the Philippines
Crypto exchange Binance said it would end support for Tron network-based USD Coin (USDC) stablecoins by April 5, according to a March 25 statement, following recent news Circle is pulling out of the
Blockchain
Arbitrum community argues for memecoins over DeFi in $3.3 million DAO fund proposal
The Arbitrum Decentralized Autonomous Organization (DAO) is contemplating a $33 million memecoin fund to foster a memecoin-friendly ecosystem within the Ethereum layer-2 blockchain network, according
Blockchain
Bitcoin edges closer to gold with market cap nearing 10%
Quick Take Bitcoin, often referred to as ‘digital gold,’ is nearing a notable juncture, as its market capitalization approaches 10% of gold’s massive $1455 trillion market cap,
Blockchain
Detained Binance executive escapes from Nigerian custody amid tax evasion charges
Binance confirmed to CryptoSlate that Nadeem Anjarwalla, one of its executives detained by the Nigerian authorities, has escaped custody A Binance spokesperson said: “We were made aware that
Blockchain
Bitcoin experiences near-historic levels of net profit realization
Quick Take Analyzing Bitcoin’s net profit/loss, a key metric calculated from the difference between realized gains and losses Utilizing a seven-day moving average to sift through the noise and
Blockchain
Why anonymous crypto wallets are NOT being banned in the EU
Recent EU anti-money laundering regulations (AMLR) have sparked a heated debate about balancing combating financial crime and preserving citizens’ rights to privacy and economic freedom The new
Blockchain
Bitcoin ETFs become hottest product in BlackRock, Fidelity’s repertoire of funds
BlackRock and Fidelity Investment’s spot Bitcoin ETFs — IBIT and FBTC — have become the most popular funds the two asset managers currently offer in less than 50 days of trading, based on
