Ad Italy led the charts as the highest crypto trading volume per person during the fourth quarter of 2022 with $111,265, according to a recent study from BitcoinCasinos. The U.K. and the U.S. are ranked second and third with $91,716 and $73,279, respectively, as the data from BitcoinCasinos report indicates. Crypto trading in Q4’22 During…
Binance Bitcoin trading volume plunges 13% – lowest level in 8 months
Ad Binance’s Bitcoin (BTC) daily trading volume has fell to its lowest levels since July 4, 2022, as the result of ending its zero-fee trading for all trading pairs except TrueUSD (TUSD), according to Kaiko data. Kaiko researcher Riyad Carey pointed out that the last time Binance’s volume went this low was two days before…
Bitcoin breaks 900-day milestone stuck in bear market – according to realized price metrics
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago
First Citizens Bank to acquire failed Silicon Valley Bank assets at a discount
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago
Analysis: How social media killed Silicon Valley Bank
Ad The following is a guest post by web3 strategist Toby Fan, and Aly Madhavji, Managing Partner at Blockchain Founders Fund. Social media has forever changed how we view and manage financial crises. Banks need a way to tactfully handle what is now being coined “social media risk.” Viral games of the telephone played at…
Dormant Bitfinex whales cash out 12K BTC
Ad Bitcoin (BTC) whales holding long BTC positions on Bitfinex suddenly cashed out on March 25 at around 13:00 UTC, according to data from Datamish. These wallets have been dormant since June 2022, and their aggregate value sits at 12,000 BTC, as the data indicates. This movement represents a small segment of investors who are…
10k NFT collection on Bitcoin, the great NFT migration? – SlateCast #56
In a recent episode of SlateCast, host Akiba sat down with Danny Yang from OnChainMonkey to discuss various aspects of the rapidly evolving crypto space. The conversation covered topics such as OnChainMonkey ‘s unique position in Ethereum and Bitcoin ecosystems, the potential impact of NFTs on bitcoin blockchain bloat, and the contentious issue of royalties…
Venezuela arrests 21 people in crypto-related oil corruption scheme
Ad Venezuelan prosecutors arrested 21 people for being involved in a wide-range crypto-related corruption scheme on state oil company Petroles de Venezuela SA (PDVSA) on Mar. 24, as Reuters reported. Eleven of the arrested individuals were businessmen, while the remaining ten were government officials, according to the Reuters article. Moreover, the Venezuelan government has released…
De-dollarization: Do all roads eventually lead to Bitcoin?
Introduction The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market report explores the de-dollarization of the world to find what role Bitcoin will play in the global economy. The U.S. dollar has been the chosen medium for international trade and the global reserve currency…
Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETF
Ad Bitwise believes there is currently”no path forward” for a spot Bitcoin ETF with the SEC. Thus the company does not have an application with the regulator at this time, the company’s CIO Matthew Hougan told Pensions & Investments. However, Hougan added that the company plans to launch a spot Bitcoin ETF once regulatory conditions…