Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatility
Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatilityCryptoSlate's latest market report dives deep into Tether's plan to buy Bitcoin every month and analyzes the impact it could have on the market.
Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly Report
Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatilityCryptoSlate's latest market report dives deep into Tether's plan to buy Bitcoin every month and analyzes the impact it could have on the market. α Weekly ResearchBitcoin illiquid supply hits all-time high as hodlers’ resolve fastensIlliquid supply reaches 15.11M showing Bitcoin investors are uninterested in selling Research: Bitcoin Inscriptions might have run their courseUncover how the surge in Bitcoin Ordinal Inscriptions led to all-time high transaction numbers and miner profits, while also raising questions about network congestion and a decrease in active addresses. α Top Insights
More α ResearchResearch: Ordinals, BRC-20 drive financial boon for Bitcoin minersBooming network activity from Ordinals provides welcome relief to Bitcoin miners. Growing Bitcoin transactions highlight Lightning Network’s importanceThe growing popularity of Inscriptions pushed Bitcoin transactions through the roof, revealing the need for a high-speed settlement layer like the Lightning Network. Bitcoin rises amidst string of bank failures: is this the start of a new financial era?CryptoSlate takes a look at the consequences of JPMorgan’s acquisition of the failed First Republic Bank and its effect on BTC.
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Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
Saturday, May 20, 2023
Cardano founder Charles Hoskinson said Ergo is what Ethereum Classic should have been because it "continues to innovate [and] has a purpose."
PSYOP memecoin faces identity crisis amidst questionable token launch
Friday, May 19, 2023
Explore the PSYOP token drama as its creator accuses a rival of imitation, and an independent media studio condemns the project as a scam from top to bottom.
Bitboy dumps eponymous crypto tokens after promising not to sell
Thursday, May 18, 2023
Bitboy defended his sales, saying the BEN token has a new backer struggling to move funds through traditional accounts.
Countdown to Bitcoin halving: Less than 50,000 blocks remaining
Wednesday, May 17, 2023
Bitcoin reaches 50000 block milestone, fueling bullish sentiment.
Ex-Ethereum developer calls Open AI founder’s Worldcoin project ‘unrealistic and scary’
Tuesday, May 16, 2023
Former Ethereum developer Hudson Jameson thinks Worldcoin lacks transparency and finds its tokenomics "suspicious."
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