CryptoSlate Wrapped Daily: Eyes turn to Grayscale Bitcoin Trust after FTX collapse; Cardano to launch fiat-backed stablecoin in 2023

The biggest news in the cryptoverse for Nov. 18 includes fears of Grayscale Bitcoin Trust being in trouble, Bahamas’ order for FTX to transfer its digital assets, and SafePal’s 125% spike as a result of the increasing popularity of non-custodial wallets.  CryptoSlate Top Stories Community fears FTX implosion might affect Grayscale Grayscale Bitcoin Trust (GBTC) … Read more

CryptoSlate Wrapped Daily: Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda

The biggest news in the cryptoverse for Nov. 17 includes the high selling tendency of Bitcoin holders older than 10 years, SBF’s $1.6 billion personal loan from Alameda Research, and Bitcoin and Ethereum’s emergence as the second and third most shorted crypto asset. CryptoSlate Top Stories Who sold the most BTC in the aftermath of … Read more

FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins

After the FTX collapse, investors are moving large amounts of Bitcoin (BTC) to their self-custody wallets and exiting Ethereum (ETH)  to invest in stablecoins, according to data analyzed by CryptoSlate. Bitcoin retreats to self custody The chart below demonstrates the amount of liquid, illiquid, and highly liquid Bitcoins since 2008. As of November 2022, the … Read more

CryptoSlate Wrapped Daily: Binance retracts purchase offer for FTX; Bitcoin slumps to $15K levels as stablecoins test dollar peg

The biggest news in the cryptoverse for Nov. 9 includes Binance’s decision to not move forward with the potential acquisition of FTX, Bitcoin’s retrace to $ 15,000 levels, and multiple stablecoins dropping below $1. CryptoSlate Top Stories Binance walks away from FTX deal, citing ‘mishandled customer funds,’ regulatory scrutiny Binance revealed its intent to purchase … Read more

CryptoSlate Wrapped Daily: FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings

The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt.  CryptoSlate Top Stories Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues Bitcoin’s (BTC) mining … Read more

CryptoSlate Wrapped Daily: Do Kwon wants conference with law enforcement; pressure on miners to rise after excepted upcoming difficulty spike

The biggest news in the cryptoverse for Nov. 4 includes Bitcoin’s outperformance of Nasdaq after the Fed raised interest rates, Do Kwon’s invitation to all law enforcement in the world to join an online conference, and DOGE’s 9% fall amid Twitter’s class-action lawsuit. CryptoSlate Top Stories Bitcoin outperformed NASDAQ after Fed raised rates by 0.75% … Read more

CryptoSlate Wrapped Daily: Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon

The biggest news in the cryptoverse for Nov. 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%. CryptoSlate Top Stories Korean authorities reportedly have proof of Kwon’s LUNA price manipulations Korean prosecutors … Read more

CryptoSlate Wrapped Daily: Staked ETH soars in Q3; Bitcoin volatility causes Tesla $106M loss; Binance close to finding hacker

The biggest news in the cryptoverse for Oct. 25 includes the amount of staked Ethereum surpassing 14 million year-to-date, Tesla’s $106 million loss to Bitcoin volatility, and Apple’s guidelines on how iOS developers can add in-app NFT purchase functions to their apps.  Total staked Ethereum surpasses 14 million in Q3 amid 64% decline in price … Read more

Research: Bitcoin held on exchanges reaches its lowest since 4 years

The total amount of Bitcoin (BTC) held by exchanges reached its lowest since 2018, while Ethereum (ETH) supply on exchanges has been increasing significantly since June 2022. The numbers also indicate that investors who buy and hold Bitcoins prefer Coinbase to do so. Bitcoin Bitcoin held by exchanges has reached its lowest in four years. … Read more

CryptoSlate Wrapped Daily: Grayscale taking SEC to court over spot BTC ETF, CoinCenter sues US Treasury for Tornado Cash ban

The biggest news in the cryptosphere for Oct. 12 includes Grayscale’s lawsuit against the SEC for not approving a U.S. spot Bitcoin ETF, CoinCenter’s lawsuit against the U.S. Treasury for overstepping its legal authority by banning Tornado Cash, and Arbitrium’s parent company Offchain Labs’ acquisition of leading Ethereum client Prysmatic Labs. CryptoSlate Top Stories Grayscale … Read more