A distinct account for the impending payments function has been established by Elon Musk’s “everything app” X (previously Twitter), leading the crypto community to speculate about the prospective application of cryptocurrencies. Many are waiting for the X app to launch its in-app payment features by the middle of 2024. The

A recent crypto crime report by blockchain analytics firm Chainalysis has revealed that the vast majority of cryptocurrency transactions, approximately 99.6%, are used for legal purposes. The study sheds light on the evolving landscape of cryptocurrency usage and challenges prevailing narratives surrounding illicit activities in the crypto space. According to the report, the total value

The “Newborn Nine” Bitcoin ETFs have collectively amassed 95,000 BTC, with collective assets under management (AUM) nearing $4 billion, according to available data. According to Bloomberg ETF analyst Eric Balchunas, this remarkable inflow of capital highlights the growing investor appetite for digital assets and the increasing acceptance of cryptocurrencies in mainstream finance. Balchunas pointed out
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In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began with the disastrous depegging of UST in May 2022, creating shockwaves across the cryptocurrency market and leaving investors with billions of dollars vanished. Related Reading:

CryptoSlate Senior Editor Liam “Akiba” Wright recently sat down with Jared Nusinoff, CEO of Mash.com, for an episode of SlateCast to discuss how the company utilizes Bitcoin’s lightning network to empower publishers. The challenges of content monetization Nusinoff outlined some of the key challenges publishers face when trying to monetize online content. While subscriptions work
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Quick Take As Bitcoin’s value teeters slightly over $40,000, the market undergoes significant sell pressure, partly attributable to GBTC outflows and an intriguing profit-taking trend. This trend, which CryptoSlate closely monitors, reveals long-term holders and short-term holders engaging in profit-taking at levels not witnessed in years. From Oct. 20, 2023, onwards, daily profit-taking has become
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Crypto analyst Ali Martinez has provided a bullish narrative for Cardano (ADA) based on a historical pattern. According to him, the crypto token could hit a new all-time high if this pattern were to continue. Cardano Could Rise To As High As $7 In a post on his X (formerly Twitter) platform, Martinez shared an

Since the approval of Spot Bitcoin ETFs, speculations about the potential for an XRP Spot ETF continue to grow in the crypto community. However, recent reports have suggested a lack of clear prospects for an XRP ETF in the future.  Notably, Charles Gasparino, an American journalist and senior correspondent at Fox Business has revealed that

The $8.6 trillion asset management behemoth Vanguard Group Inc. has taken a conservative stance on the crypto market, especially in the wake of the U.S launch of a spot Bitcoin ETF. “Avoid Bitcoin like the plague,” reportedly cautioned renowned investor Jack Bogle in 2017. Sticking to the cautious investment strategy

In an impressive display of computational might, the Bitcoin network has shattered its all-time high hash rate, surpassing a staggering 500 exahashes per second. This unprecedented surge signals a robust increase in the raw processing power securing the king of cryptocurrencies, sending ripples of excitement and cautious optimism through the industry. For the uninitiated, hash