Tag: Cryptoslate
Blockchain
Bitcoin perpetual funding rates fluctuate with market sentiment in 2024
Onchain Highlights DEFINITION: Bitcoin future perpetual funding rate V2 is the average funding rate (in %) set by exchanges for perpetual futures contracts When the rate is positive, long positions
Blockchain
Gensler slams crypto exchanges for unsavory practices, says spot Ethereum ETFs will ‘take some time’
SEC Chair Gary Gensler said spot Ethereum ETFs will “take some time” to launch despite approving the associated 19-4b filings last month Gensler said the ETF applications are going
Blockchain
Vitalik Buterin criticizes celebrity memecoins for lack of real-world value
Ethereum co-founder Vitalik Buterin has expressed strong disapproval of the recent trend of celebrities experimenting with crypto by creating memecoins In a June 5 social media post, Buterin pointed
Blockchain
Market depth reveals Bitcoin’s underlying strength at $70k
Tracking changes in liquidity is equally important as monitoring changes in Bitcoin‘s on-chain data Each price movement, be it up or down, exerts significant pressure on liquidity One way to
Blockchain
Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut
Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community Base’s growth comes amid the
Blockchain
Trump owns over 50% of TROG memecoin amid illiquid $32M crypto holdings
Donald Trump’s crypto portfolio, as detailed by Arkham Intelligence, has seen a significant increase in value over the past three months, peaking at approximately $32 million due to a surge in
Blockchain
BlackRock ETFs significantly increase MicroStrategy exposure
Quick Take According to data from Fintel, 82 exchange-traded funds (ETFs) have acquired shares of MicroStrategy (MSTR) This data is current until May 30, 2024, and does not include the recent
Blockchain
Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach
Paolo Ardoino, the CEO of stablecoin issuer Tether, warned on June 5 about a potential security breach involving an unnamed crypto mailing list provider In a post on the social media platform X
Blockchain
Aave tops $20 billion in deposits amid record revenue and fee switch discussions
Aave community members are pushing for a fee switch proposal after the DeFi protocol’s annualized revenue reached new highs this week On June 2, Matthew Graham, a member of the Aave liquidity
Blockchain
Huge short Bitcoin positions above $71k suggest potential for rapid market movements
Quick Take Bitcoin has, for now, cemented itself above $70,000, boasting a market cap of roughly $14 trillion The close on June 4 above $70,000 marks only day 13 that Bitcoin has achieved this level,
Blockchain
OpenAI, DeepMind insiders demand AI whistleblower protections
Individuals with past and present roles at OpenAI and Google DeepMind called for the protection of critics and whistleblowers on June 4 Authors of an open letter urged AI companies not to enter
Blockchain
Bitcoin ETFs record best day with no outflows netting $887 million
Quick Take Farside data shows that on June 4, Bitcoin exchange-traded funds (ETFs) saw significant inflows, with a total of $8866 million This makes it the second-largest day of inflows since launch,
