Ad Deutsche Bank and Memento Blockchain have completed a proof of concept tokenization platform called Project DAMA (Digital Asset Management Access), which aims to simplify launching and accessing digital funds. The project will initially be tested in Singapore due to its crypto-friendly disposition, as well as its status as a globally leading hub for fund…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Ad Grayscale Bitcoin Trust (GBTC) is trading at a discount of 47.35% to the underlying assets’ net asset value (NAV) as of Feb. 15 — a record low for the current year. GBTC shares are trading for $10.85 after increasing by 4.43% in the last 24 hours, according to ycharts data. Earlier in the year,…
Ad Siemens, Germany’s third-largest publicly traded company by market cap, has issued its first digital bond worth €60 million ($64 million) on the Polygon blockchain. The bond was issued in accordance with Germany’s Electronic Securities Act, which came into force in June 2021 and allows the sale of blockchain-based debt to take place. Blockchain-based bonds…
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 3 days ago
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 2 days ago
MicroStrategy, known for its repeat investments in Bitcoin, purchased more of the digital asset last quarter, according to a Feb. 2 investor report. Andrew Kang, CFO of Microstrategy, said that the company increased its total Bitcoin holdings to approximately 132,500 BTC during the fourth quarter of 2022. That amount had a market value of $2.194…
A survey of 835 institutional traders from 60 different global locations revealed that 72% have no plans for crypto trading in 2023, according to data released by JPMorgan. According to the survey, most traders had no interest in crypto trading because of market volatility. 46% of the traders said volatile markets’ would be their greatest…
Cathie Wood’s ARK Invest expects Bitcoin’s price to rise to $1M per coin by 2030, along with a boom in annual fees of smart contract networks, according to a new report published by the investment management firm. The highlights of the Jan. 31 report include: Bitcoin will hit $1 million per coin by 2030 Smart…
Bitcoin (BTC) exchange-traded products (ETPs) saw inflows of 6,031 BTC in the past week, according to data shared by Arcane Research’s Vetle Lunde. Lunde said the ETPs recorded a cumulative net inflow of 9,131 BTC over the past month — the highest monthly inflow since May 2022, when ETPs recorded inflows of 9,765 BTC. Source: Vetle…