Stablecoins Boost Dollar’s Global Status, says Federal Reserve Governor Stablecoins Boost Dollar’s Global Status, says Federal Reserve Governor

According to Federal Reserve governor Christopher Waller, the dollar’s position as a worldwide reserve currency may be being solidified by the widespread use of stablecoins denominated in U.S dollars in the decentralized finance (DeFi) space. Waller said at a central banking-focused conference on February 15 that the U.S. dollar is

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Bitcoin’s network sees a 380% increase in hash rate since the start of the current cycle Bitcoin’s network sees a 380% increase in hash rate since the start of the current cycle

Quick Take The Bitcoin network has recently seen a significant uptick in its difficulty adjustment and hash rate, as reported by CryptoSlate. A notable 8% rise in difficulty adjustment, the highest in 12 months, pushed it to an all-time peak of 81.73 T, according to data from Coinwarz. Concurrently, the network’s hash rate – measured
The post Bitcoin’s network sees a 380% increase in hash rate since the start of the current cycle appeared first on CryptoSlate.

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Change Of Heart? Crypto Skeptic US Senator Honors Bitcoin Creator Satoshi Nakamoto Change Of Heart? Crypto Skeptic US Senator Honors Bitcoin Creator Satoshi Nakamoto

In a surprising move, Senator Elizabeth Warren, a long-standing critic of cryptocurrency, publicly recognized the contributions of Satoshi Nakamoto, the anonymous creator of Bitcoin, on December 18, 2023 –  a date Bitcoiners refer to as “HODL Day.” This action, marking the 15th anniversary of the Bitcoin network launch, has sent shockwaves through the crypto community

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AI crypto sector nears $10 billion market cap as Bittensor surges 220% in 2024 AI crypto sector nears $10 billion market cap as Bittensor surges 220% in 2024

The AI blockchain sector is closing in on a $10 billion market cap following the meteoric surge of Bittensor, which is up 140% over the past 30 days. Native token TAO surpassed $4 billion in market cap, reaching an all-time high on Feb. 15 of $698 before retracing to around $659 as of press time.
The post AI crypto sector nears $10 billion market cap as Bittensor surges 220% in 2024 appeared first on CryptoSlate.

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Ethereum Eyes $3,000 Level Amidst Strong Bullish Sentiment

The increasing demand for Bitcoin from institutional traders has helped push its price beyond $52,000 in recent times. A change in investor attitude is reflected in the spike in Bitcoin’s price. Since the middle of December, Ethereum’s price has remained within a narrow range. Ethereum has made tremendous gains in

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Wealth concentration hits a new peak as major economies slip into recession Wealth concentration hits a new peak as major economies slip into recession

Quick Take Despite the seeming prosperity indicated by stock market highs in major economies, including the S&P 500 in the US, DAX in Germany, CAC40 in France, and Nikkei 225 in Japan, a contrasting narrative of technical recessions and growing inequality is emerging. Notably, the United Kingdom and Japan have entered technical recessions – defined
The post Wealth concentration hits a new peak as major economies slip into recession appeared first on CryptoSlate.

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PancakeSwap (CAKE) Price Prediction 2024, 2025, 2026-2030

In this PancakeSwap (CAKE) price prediction 2024, 2025-2030, we will analyze the price patterns of CAKE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.  TABLE OF CONTENTS INTRODUCTION PancakeSwap (CAKE) Current Market Status What is PancakeSwap (CAKE)? PancakeSwap (CAKE) 24H Technicals PANCAKESWAP (CAKE)

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Nation-State Bitcoin Adoption: 6th Country Joins The Elite Miner Circle Nation-State Bitcoin Adoption: 6th Country Joins The Elite Miner Circle

Ethiopia has officially announced its foray into Bitcoin mining, aligning itself with a growing list of countries that have integrated cryptocurrency mining into their national economic strategies. This development comes through a partnership between the Ethiopian government and Data Center Service PLC, a subsidiary of the Hong Kong-based West Data Group. The collaboration is part

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US banking groups lobby SEC for rule change to enter Bitcoin ETF market US banking groups lobby SEC for rule change to enter Bitcoin ETF market

Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for a rule change to facilitate their participation. In a Feb. 14 letter to SEC Chair Gary Gensler, a coalition comprising the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the
The post US banking groups lobby SEC for rule change to enter Bitcoin ETF market appeared first on CryptoSlate.

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Bitcoin Steady at $52K as Investors Speculate on New All-Time High Bitcoin Steady at $52K as Investors Speculate on New All-Time High

BTC is on track to see the highest average weekly trading volume since early January, when U.S. spot Bitcoin ETFs began trading.

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