Celsius billion-dollar Ethereum shift stirs hypothesis on creditor payback plans
Bankrupt crypto lending platform Celsius has shifted 459,561 Ethereum (ETH), valued at over $1 billion, to centralized exchanges, together with Coinbase, Paxos, and FalconX, prior to now 24 hours, per on-chain knowledge. Intimately, greater than 300,000 ETH, equal to $673 million, was despatched to Coinbase Prime. The agency additionally moved 146,507 ETH, valued at round […]
Crypto noticed 62 million acquired customers throughout eight chains in 2023: Flipside report
Flipside Crypto reported that blockchain customers and exercise grew all through 2023 in a report shared with CryptoSlate on Jan. 25. The analytics firm wrote: “Crypto not too long ago has been fluctuating by way of extremes, with on-chain exercise and person sentiment swinging wildly all through the final yr … however finally, the previous […]
Round $39,000 Bitcoin stays above the realized value of younger provide
The anticipation of the primary spot Bitcoin ETFs within the U.S. fueled Bitcoin to a 21-month excessive of $49,000. Nonetheless, the excessive it reached on Jan. 10 was short-lived, as the value dropped swiftly and sharply to a low of $39,450 on Jan. 21. This sharp decline, which many deemed a traditional case of “purchase […]
SEC delays BlackRock’s spot Ethereum ETF; choices are nonetheless due in Might
The U.S. Securities and Alternate Fee (SEC) prolonged the choice interval on BlackRock’s deliberate spot Ethereum ETF on Jan. 24. That discover issues a proposed rule change permitting Nasdaq to record and commerce shares of the BlackRock iShares Ethereum Belief. Beforehand, the SEC was required to approve, reject, or institute proceedings to approve or reject […]
Bitcoin recovers above $40k amidst GBTC outflows, different ETF inflows
Bitcoin costs recovered previous the $40,100 mark on Jan. 24, 2024 amidst continued inflows and outflows involving numerous spot Bitcoin ETFs. Bitcoin (BTC) was up almost 1% over the 24 hours ending at 11:55 p.m. UTC. on Wednesday, reporting a value of $40,143 and a market cap of $786 billion. Throughout an precedent days that […]
OnChainMonkey introduces KARMA tokens, goals to bolster ecosystem with strategic airdrop
Widespread NFT venture OnChainMonkey (OCM) has unveiled KARMA tokens as a part of its efforts to broaden its burgeoning ecosystem, in accordance with a Jan. 24 assertion shared with CryptoSlate. OCM defined that KARMA is strategically designed to raise its model presence and seize the market’s consideration in direction of its platform. The digital asset […]
Surge in Bitcoin whale transactions defies market downturn
Fast Take The digital asset panorama is seeing a noteworthy surge in Bitcoin whale exercise, as signaled by CryptoSlate’s current information evaluation. Amid a 20% pullback from Bitcoin’s highs, these whales – entities holding 1k BTC or extra – look like capitalizing on the chance to build up. A marked uptick in exercise reveals a […]