CryptoSlate News

Bitcoin’s volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While this is still in line with expected drawdowns during bull cycles, the drop provides an excellent case study for analyzing the market’s behavior. Observing the changes in realized price through […] The post Fresh addresses are accumulating Bitcoin despite the heavy price drawdown appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

 According to an estimate by JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could attract over $15 billion in net inflows.  Matthew Sigel, head of digital assets research at VanEck, shared that the forecast considers the performances of Bitcoin (BTC) and Ethereum (ETH) in relation to their market cap and ETP flows. Bitcoin ETPs […] The post JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Bitcoin’s (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document highlighted that since its launch in 2009, Bitcoin has quickly evolved from a niche innovation to a globally recognized asset. It attributed the evolution to demographic trends, economic shifts, and […] The post Bitcoin adoption is outpacing the internet and mobile phones – BlackRock appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according to Bitfinex’s latest Alpha report. The report noted that the price drop coincides with a reversal in market sentiment. Spot Bitcoin exchange-traded funds (ETFs) experienced net outflows on 7 of the […] The post Bitcoin risks consolidation as Treasury yields surge and economic outlook dims – Bitfinex appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The following is a guest post from Ahmad Shadid, Founder of O.xyz. The dominance of a few large tech companies over AI development has sparked growing concern about the future of technology’s integration into our daily lives and societal well-being. As AI becomes central to our everyday activities, its concentration in the hands of corporations […] The post The fight for AI Freedom: Decentralization as the answer to monopolies appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The following is a guest post from Christina Comben. Fisher Yu is the co-founder and CTO of Babylon, the Bitcoin staking protocol causing a stir among forward-thinking HODLers. Polite and friendly, he asks how I’m doing and where I’ve flown in from to attend the first Bitcoin Conference in the MENA region. “Not as far […] The post Babylon’s Fisher Yu on Bitcoin staking, Bitcoin maxis, and the next native use case for BTC appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Tokens recently listed on Binance are underperforming compared to the rest of the crypto market, suggesting that price discovery movements are happening on decentralized exchanges. At the same time, traders use centralized platforms to exit liquidity. According to the analyst known by the pseudonym Ignas, the Pudgy Penguins (PENGU) tokens and ChainGPT (CGPT) are the […] The post Market trends indicate DEXs have replaced VC markets for token price discovery, while CEXs continue to serve as exit liquidity appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The US Court of Appeals for the Third Circuit granted Coinbase a partial victory in its legal dispute with the Securities and Exchange Commission (SEC) in a Jan. 13 ruling. The panel of judges, led by Circuit Judge Ambro, deemed the SEC’s reasoning “arbitrary and capricious” under the Administrative Procedure Act (APA), a standard requiring […] The post Coinbase scores legal win, court orders SEC to explain lack of crypto rulemaking appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Tether, the leading stablecoin issuer, is finalizing its plans to move its global headquarters to El Salvador after obtaining a Digital Asset Service Provider (DASP) license, according to a Jan. 13 statement. Tether explained that El Salvador, the first nation to adopt Bitcoin as legal tender, has positioned itself as a global hub for digital […] The post Tether to relocate global headquarters to Bitcoin-friendly El Salvador appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Binance continues to solidify its position as the top global crypto exchange, as recent data highlights its growing dominance across key markets. Data from CryptoQuant shows that the crypto commands a staggering 96.91% of crypto trading activity in South Korea. In contrast, local exchanges like Upbit and Bithumb collectively account for only 3.09% of the market. […] The post Binance captures 97% of South Korean market and half of global Bitcoin transactions appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More