Asia is leading the Bitcoin trading market, with caution in the U.S. and E.U. markets. Glassnode’s estimates have revealed that trading activity in one region can significantly affect Bitcoin’s global price movements. Using this data, CryptoSlate has discovered a region that is driving a surprising Bitcoin price surge. This could potentially shift the perception of […]
Memeinator (MMTR) has launched its presale, raising over $590k in just days. The AI-powered project aims to provide genuine utility and value to crypto meme users, and is on track to reach a $1 billion market cap. The meme cryptocurrency space has grown exponentially over the past two years, with Dogecoin and Shiba Inu leading […]
MakerDAO’s decentralized stablecoin, DAI, has seen remarkable growth recently, with its Total Value Locked (TVL) surpassing the $1 billion mark. This success is largely attributed to the DAI Savings Rate (DSR), which offers an impressive 8% Annual Percentage Yield. Maker’s treasury has also grown to $171.61 million, with its native MKR token constituting 52.12% and […]
The Brazilian government is calling for a redistribution of IMF funding quotas to better represent the interests of developing countries. Brazil is pushing for this change during the upcoming IMF meeting, citing the launch of financial institutions like the New Development Bank by the BRICS Group as evidence of the need for economic independence. Brazil […]
The Bank of International Settlements (BIS) has announced a collaboration with major European central banks to launch Project Atlas, a groundbreaking tracking system for the burgeoning world of cryptocurrencies and decentralized finance (DeFi). The initiative will aggregate off-chain data sourced from cryptocurrency exchanges with on-chain data obtained from public blockchains via nodes. This will enable […]
Bitcoin (BTC) price has once again started to rise after crossing the moving average lines. The largest cryptocurrency is currently trading above the moving average lines or in the uptrend zone. The recent price action remained stable above the $27,600 support. Bitcoin is now trading below resistance of $28,400 and is benefiting from the possibility […]
The federal court, led by Judge Analisa Torres, recently rejected the SEC’s plea for an interlocutory appeal in their litigation against Ripple. This decision maintained that XRP is not a security, and Ripple is facing a substantial penalty of $700 million for the unauthorized sale of securities to institutional entities. The case is set to […]
The world’s largest asset manager BlackRock created a stir in the crypto market when it filed for a spot Bitcoin ETF in June 2023. However, the U.S. Securities and Exchange Commission (SEC) recently delayed the approval of the ETF. Former BlackRock managing director Steven Schoenfield believes that the SEC could approve the ETF within the […]
ZachXBT, a cryptocurrency news outlet, reported that four Friend.Tech users lost a total of $385,000 to SIM-swap attacks. SIM-swap attacks are a type of cybercrime in which a hacker takes control of a victim’s phone number and uses it to gain access to their online accounts. The victims of the attack were not identified.SIM-swap attacks […]
El Salvador is pioneering a novel approach to Bitcoin mining with the launch of “Lavapool”, a mining pool powered by renewable energy. The ambitious project, spearheaded by Volcano Energy, seeks to establish a nationwide mining industry by leveraging the country’s abundant geothermal potential.Volcano Energy is constructing a 241-Megawatt renewable energy park in Metapán, as well […]
