Former FTX exec files lawsuit as exchange announces reorganization gains support
Bankrupt crypto exchange FTX announced on Aug. 21 that its reorganization plan has garnered strong preliminary support from creditors. According to FTX, over 95% of…
Category: Crypto Slate
Stabilization of Bitcoin price aligns with equilibrium in Bitfinex interest positions
Onchain Highlights DEFINITION: Analyzing Bitcoin price in relation to Bitfinex long and short interest Bitcoin’s price and total long and short interest show a strong…
Crypto firms pour $119M into 2024 US federal elections, rivaling traditional powerhouses
Crypto companies have significantly increased their involvement in the US federal elections in 2024, contributing over $119 million so far, according to a Public Citizen…
US-traded spot Ethereum ETFs amass $2 billion in inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) inflows surpassed $2 billion in nearly four weeks, when excluding Grayscale’s ETHE outflows of nearly $2.5 billion, based on…
Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
Bitcoin (BTC) is back above $61,000 after leaping 3.5% in the past 24 hours, fueled by the release of bullish Fed minutes related to the…
Emerging markets embrace stablecoins despite significant premiums
Businesses and consumers in 17 emerging markets pay an average premium of 4.7% over the standard dollar price to access stablecoins, with the figure rising…
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE — hit a…
Is $58k the new $9k for Bitcoin?
Quick Take Samson Mow recently stirred discussion on X by declaring that “$58k is the new $9k” for Bitcoin. Intrigued by this bold statement, we…
Vitalik Buterin urges pluralistic approach to governance, moving past cypherpunk origins
Ethereum co-founder Vitalik Buterin called for a fundamental shift in how the crypto community approaches governance. In an Aug. 21 blog post, Buterin advocated for…
Realized losses minimal despite 80% of STH supply being underwater
Tracking the percentage of STH supply in loss is crucial for understanding market sentiment and potential price movements. A high percentage of Bitcoin supply in…