The unlikely reality of Bitcoin as a reserve currency
The unlikely reality of Bitcoin as a reserve currencyCryptoSlate's latest market report dives deep into the feasibility, implications, and potential consequences of Bitcoin becoming a reserve currency in the US.
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The unlikely reality of Bitcoin as a reserve currencyCryptoSlate's latest market report dives deep into the feasibility, implications, and potential consequences of Bitcoin becoming a reserve currency in the US. α Weekly ResearchBitcoin’s climb above $60k causes futures open interest to surge $2B in a dayInstitutional interest surges as traders bet on Bitcoin's price rebound. Realized losses minimal despite 80% of STH supply being underwaterShallow losses suggest confidence among Bitcoin holders despite high underwater supply. 📈 α Top Insights
📖More α ResearchGrayscale outflows overshadow Ethereum ETF inflowsGrayscale's massive outflows dampened the early excitement for Ethereum ETFs. Bitcoin sees record growth in long-term holder supplyGrowth in Bitcoin ETFs could be behind record increase in long-term holder supply. Bitcoin market cautious as longs and shorts balance outStable long/short ratios in futures suggest balanced market sentiment as Bitcoin holds at $60,000.
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Bitcoin surges past $63k as Robert F. Kennedy Jr. withdraws and endorses Trump
Saturday, August 24, 2024
Crypto and US equities prices significantly went up after the independent candidate confirmed his support for Donald Trump. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Friday, August 23, 2024
Sony's Soneium aims to bridge Web3 and everyday internet services. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Thursday, August 22, 2024
Critics says Harris has been making vague cryrpto promises about future changes. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Harris loses lead on Polymarket as odds RFK Jr will endorse Trump jump 38%
Wednesday, August 21, 2024
Trump now leads Harris 52% to 47% on crypto-native prediction market Polymarket. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock’s IBIT boosts Bitcoin ETFs with $92.7 million inflow, total now $20.5 billion
Tuesday, August 20, 2024
Total Ethereum ETFs outflows increase to $434 million amidst continuing struggles. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia Lummis
Tuesday, November 12, 2024
The proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The Election Bull Run From the Perspective of Options Markets
Tuesday, November 12, 2024
An analysis of options to take a closer look at the election bull-run that brought BTC prices to $85000 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
CEX Data for Oct：Spot Trading Volume Up 17%, Derivatives Trading Volume Up 25%, Website Traffic Up 2%
Tuesday, November 12, 2024
Spot trading volume on major exchanges rose by 17% month-over-month. The top three exchanges by growth rate were Coinbase (61%), Gate (36%), and Binance (24%). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
⚡ 3 onboarding mistakes that kill engagement
Tuesday, November 12, 2024
Stop murdering engagement 🔪 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gains
Monday, November 11, 2024
Solana's price rally marks historic market cap achievement and DeFi growth. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with Murad: The key is to find a memecoin with a "diamond hand culture"
Monday, November 11, 2024
In this conversation, Colin, founder of WuBlockchain, explores the unique role and future of memecoins (such as Doge, Pepe, etc.) in the crypto space with the “Memecoin King,” Murad Mahmudov. ͏ ͏ ͏ ͏ ͏
📈 BTC reached a new all-time high above US$81,000 on 11 Nov; Crypto.com unveiled its 2025 roadmap and the Level U…
Monday, November 11, 2024
BTC reached a new all-time high above US$81000 on 11 Nov; Crypto.com unveiled its 2025 roadmap and Level Up program; Crypto.com partnered with Ingenico to bring crypto payments to Ingenico merchants ͏
Donald Trump Secures Victory As Ripple CEO Demands SEC Chair Be Replaced
Monday, November 11, 2024
We bring you the top stories in crypto every week! Stories like... Monday Nov 11, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Donald Trump Secures Victory As Ripple CEO Demands SEC Chair
$6.7B TVL surge marks Solana’s growing dominance in DeFi
Sunday, November 10, 2024
Solana processes 44.5 million daily transactions, far surpassing other L1 blockchains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Nov 4 to Nov 10)
Sunday, November 10, 2024
Rich Dad Poor Dad author Robert Kiyosaki tweeted that he purchased his first Bitcoin at $6000 and, even with the price now at $76000, he plans to continue buying. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏