Low exchange stablecoin ratio hints at strong Bitcoin demand
Low exchange stablecoin ratio hints at strong Bitcoin demandA sharp decline in the stablecoin ratio suggests traders are accumulating Bitcoin, with the balance hitting its lowest point this year.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 ResearchLow exchange stablecoin ratio hints at strong Bitcoin demandA sharp decline in the stablecoin ratio suggests traders are accumulating Bitcoin, with the balance hitting its lowest point this year. Polymarket processes $1.4B as NegRisk outshines CTF marketsPolymarket's August surge driven by US election hype shows divergence in user behavior between CTF and NegRisk markets. 📈 α Top Insights
📖More α ResearchBitcoin funding rate volatility shows market-wide cautionThe disparity in funding rates between USDT and BTC-margined contracts shows diverse trader strategies and risk appetites. Large transactions drive Bitcoin withdrawal from exchangesBitcoin sees significant outflows from exchanges, with mostly big players reacting to price swings. |
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Bitcoin falls below $54k as market sees volatility following jobs data
Saturday, September 7, 2024
Bitcoin fell below $54000 as uncertainty over potential rate cuts led to heightened market turbulence. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Friday, September 6, 2024
Chainalysis warned that Russia could leverage local exchanges like Garantex for tax evasion efforts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple seeks stay on $125 million SEC payout, signals potential appeal
Thursday, September 5, 2024
The legal teams stated that the agreement protect interest of both parties. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump’s DeFi venture to use Aave and Ethereum not Bitcoin with open-source approach
Wednesday, September 4, 2024
President Trump's DeFi venture legal adviser believes the project will help to on-board new users to the industry. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Vitalik Buterin’s ‘glue and coprocessor’ model could reshape modern computation
Tuesday, September 3, 2024
Vitalik Buterin's latest proposal seeks to optimize computing by separating general-purpose and specialized tasks. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Asia's weekly TOP10 crypto news (Dec 16 to Dec 22)
Sunday, December 22, 2024
On December 19, the Bank of Japan announced it would maintain its unsecured overnight call rate at 0.25%, leaving the policy rate unchanged. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
⚡ He *accidentally* built a life-changing newsletter business
Saturday, December 21, 2024
Watch & listen to learn how. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Saturday, December 21, 2024
Changes such as staking for Ethereum ETFs and in-kind redemptions for Bitcoin products will likely to happen early on, says Hester Peirce. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Sonic Mainnet Officially Launched, Opensea Hints at Token Launch, NFT Trading Volume Shows…
Saturday, December 21, 2024
Avery Ching, Co-Founder and Chief Technology Officer of Aptos, will assume the role of Chief Executive Officer to lead the company into its next phase. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%
Friday, December 20, 2024
Repeating history? Bitcoin's cyclical journey suggests potential rise to $225000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Trump Pledges Full Support for Blockchain Industry Development, Nasdaq 100 Adds MicroStrategy…
Friday, December 20, 2024
The Federal Reserve announced its rate decision, setting the upper limit at 4.50%, in line with expectations and lower than the previous rate of 4.75%. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Bitcoin Pushes Above $106K To Reach New ATH
Thursday, December 19, 2024
Jerome Powell Faces Pivotal Policy Decisions; Google Finally Launches Highly Anticipated New AI Agent Monday Dec 16, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR In this issue, we dive
Your biweekly source of crypto insights📈
Thursday, December 19, 2024
The $PENGU airdrop is only half claimed, but nearly a million wallets have participated in the drop already. 72% of those have sold or moved their ent A It's the talk of the town — most of the
Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Thursday, December 19, 2024
The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The story of BWEnews: China’s most Famous Cryptocurrency News Trader
Thursday, December 19, 2024
This provocative introduction comes from Vida, who claims to be the richest Gen Zer on Zhihu, with at least $7 million in available cash (approximately ¥51 million). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏