Bitcoin (BTC) received a much-needed boost when BlackRock, the world’s largest asset manager, announced its partnership with Coinbase to offer institutional clients access to BTC. In a blog post, Coinbase said the tie-in offers users of BlackRock’s Aladdin investment management platform direct access to crypto, starting with Bitcoin. Joseph Chalom, Global Head of Strategic Ecosystem…
Since the outbreak of war in Eastern Europe, Bitcoin and cryptocurrency have featured on both sides of the conflict. In the case of Ukraine, at the start of the war, government officials called on the crypto community to donate funds. At the same time, Russia opted for a more inclusive approach, including U-turning on its…
The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption and Proof-of-Stake (PoS) as an alternative mechanism. The report, titled “Mining the environment – is climate risk priced into crypto-assets?,” determined that Proof-of-Work (PoW) mining cannot co-exist with “the green transition”…
Recent events have demonstrated how brutal crypto investing can be. Since the market top, some eight months ago, approximately $2 trillion of capital has left the space leading to plunging prices. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the Crypto Asset Market Even though the…
After an explosive 2021, the recent downturn has left a bitter taste for crypto investors, not least those who went heavy on DeFi. Since the market peaked in November 2021, investors had pinned their hopes on bulls shaking off the infrequent bearish signs that were presenting. To read the rest of this article, sign in…
Recent market volatility pushed Bitcoin below $20,000, marking the first time in its history it had sunk lower than the previous cycle peak. Since November 2021, Bitcoin has shown sporadic signs of weakness. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the Crypto Asset Market Even…
There have never been more traditional hedge funds investing in crypto, but around two-thirds are still hesitant to enter the market, according to PwC’s 2022 Global Crypto Hedge Fund Report. Those on the fence said they were waiting for the market to mature and more regulations to be set in place. The report offers insight…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The volatility that has become synonymous with the crypto industry hasn’t deterred institutions from participating in it, as hedge funds investing in crypto are at an all-time high, according to PwC’s 2022 Global Crypto Hedge Fund Report. The annual report surveys…
Despite the challenges of the past two years, the labor market appears to be in a good place, at least according to official government statistics. The Washington Post stated that Americans had returned to work in record numbers, leading to a May unemployment rate of 3.6%, almost half compared to when President Biden took office…
CryptoSlate recently spoke to Tyler Bond “Familiarcow,” the Communications Director at Nine Realms, a company building core infrastructure on THORchain which has just announced a mainnet launch. I asked Bond why THORchain was different from other liquidity protocols, the issues with DeFi smart contracts, anonymous development, the future of THORchain, and why true decentralization matters….