Bitcoin holds near $96,500 as US PPI data shows slower producer price growth
Bitcoin traded around $96,500 Tuesday following the release of US December Producer Price Index (PPI) data, which indicated a deceleration in producer price growth. The…
Category: Crypto Slate
Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment
Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This translates to approximately…
Robinhood pays $45M to settle SEC violations over reporting and cybersecurity missteps
Robinhood has agreed to pay $45 million in civil penalties to settle charges of securities law violations. According to a Jan. 13 statement, this settlement…
New York and Bank of England collaborate to align global crypto regulations
The New York Department of Financial Services (NYDFS) has announced a partnership with the Bank of England (BOE) to launch an international regulatory initiative aimed…
BlackRock’s iShares Bitcoin ETF shines amid sector outflows, expands to Canada
BlackRock’s iShares Bitcoin Trust (IBIT) emerged as a bright spot in an otherwise challenging period for US Bitcoin exchange-traded funds (ETFs), which saw their third…
Soneium blockchain launches as Sony dives deeper into NFT and crypto space
Sony has officially launched the mainnet of Soneium, its Ethereum layer-2 blockchain, according to a Jan. 14 statement shared with CryptoSlate. Soneium leverages the OP…
Fresh addresses are accumulating Bitcoin despite the heavy price drawdown
Bitcoin’s volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While…
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
 According to an estimate by JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could attract over $15 billion in net inflows. Matthew Sigel, head…
Bitcoin adoption is outpacing the internet and mobile phones – BlackRock
Bitcoin’s (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document…
Bitcoin risks consolidation as Treasury yields surge and economic outlook dims – Bitfinex
Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according…