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Bitcoin accumulation sees slowdown amid August market downturn
Quick Take
The Accumulation Trend Score, created by Glassnode, offers a detailed breakdown of the cryptocurrency acquisition behavior of different entity wallet…
Hong Kong’s bond tokenization efforts yield ‘significant operational improvements’
The Hong Kong Monetary Authority (HKMA) said that blockchain-based bonds have showcased the potential for “significant operational improvements” in the…
Stablecoin settlements were on par with payments giant Visa during 2022
Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new report by European hedge…
Analyst Warns As PEPE Takes Center Stage Amid Allegations
Pepe Coin has garnered attention once more, but this time, the focus is on its recent negative performance. Over the last seven days, the coin has encountered a…
Tokenization is a life-saving pill for global finance’s diversity problem
When the subject of financial markets and their future is raised, the implementation of blockchain technology and tokenization of assets gets mentioned a lot. In…
Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in…
Quick Take
Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to nearly $300 million…
Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are…
The case for raising the Fed’s inflation target to 3%
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are…
Pepe founder blames ‘nefarious ex-team members’ for unexpected $16M withdrawal
On Aug. 24, 16 trillion Pepe tokens (PEPE), worth around $15.7 million at the time, were unexpectedly withdrawn from the project’s multi-signature centralized…
Bitcoin market poised as heightened seller exhaustion indicates low-risk bottom
Quick Take
The Bitcoin market in 2023 displays an interesting revelation: a marked escalation in seller exhaustion.
To put it in perspective, this rare occurrence…