Analyzing the history of US debt and potential effects of a default on the crypto market
Analyzing the history of US debt and potential effects of a default on the crypto marketCryptoSlate's latest market report dives deep into the U.S. debt crisis, exploring past instances of debt failures and analyzing the implications a debt default could have on Bitcoin.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 ReportAnalyzing the history of US debt and potential effects of a default on the crypto marketCryptoSlate's latest market report dives deep into the U.S. debt crisis, exploring past instances of debt failures and analyzing the implications a debt default could have on Bitcoin. α Weekly ResearchU.S. Treasury yields soar and Bitcoin stumbles amid debt ceiling, rate hike concernsThe flagship crypto dropped below $26,000 as U.S. Treasury yields rose. Despite recent stillness, on-chain metrics indicate possible volatility ahead for BitcoinOn-chain metrics show that the currently uneventful Bitcoin market could be gearing up for future volatility. α Top Insights
More α ResearchResearch: Liquid staking tokens remain in the red five weeks after Ethereum’s Shapella upgradeCryptoSlate takes a look at the effects of Ethereum's Shapella upgrade on the network, including shifts in staking behavior, the decline in liquid staking tokens, and the impact on centralized exchange balances. Bitcoin 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. |
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PSYOP creator Ben.eth vows to refund victims after Steve Aoki hack leads to $170k in losses
Saturday, May 27, 2023
Ben.eth unwittingly quote tweeted the post containing the phishing link thinking it was from the real Steve Aoki.
Trezor sales soar 900% amid Ledger’s seed recovery controversy
Friday, May 26, 2023
Trezor said a remote seed phrase extraction is impossible on its hardware wallets, adding that it would never implemented.
Lawsuit against US Treasury argues the government overreached by sanctioning Tornado Cash
Thursday, May 25, 2023
The lawsuit backed by Coinbase claims the Treasury overstepped legal requirements and violated the First Amendment by banning Tornado Cash.
Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealer
Wednesday, May 24, 2023
Prometheum Ember Capital has secured approval to become a "qualified custodian" for digital assets considered securities by the SEC.
Join Us at BlockDown Festival 2023: Unforgettable Web3 Experience in Algarve, Portugal!
Wednesday, May 24, 2023
CryptoSlate is excited to announce our participation in BlockDown Festival 2023, taking place in the breathtaking Algarve, Portugal this July 10th - 12th.
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