News

Solana defies overall market trend to hit new all-time high market cap

Solana (SOL) broke new ground on March 15 after an 11% rally brought its market capitalization to a new all-time high of $82.5 billion at a price of $186.77 per token despite the overall downtrend, which saw the market contract by 4%. This achievement surpasses its prior peak market cap of approximately $77.9 billion — […]
The post Solana defies overall market trend to hit new all-time high market cap appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Satoshi’s Vision down 17% against Bitcoin after Satoshi’s Verdict

While Bitcoin has seen a pullback from its recently set new all-time high of $73,750 on March 14, currently trading down around 8%, other Bitcoin forks have fared much worse. Following the morning of the landmark ruling against Craig Wright on March 14, Bitcoin Satoshi’s Vision is down 17% against BTC. Other Bitcoin forks, such […]
The post Satoshi’s Vision down 17% against Bitcoin after Satoshi’s Verdict appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Hong Kong SFC expands violations list adding MEXC for unlicensed operations

Hong Kong financial regulator, the Securities and Futures Commission (SFC), issued a public warning about MEXC’s unlicensed operations within its jurisdictions. SFC stated: “The entity purports to be a virtual asset trading platform operating at the above website. It has been targeting Hong Kong investors but is not licensed by the Securities and Futures Commission.” […]
The post Hong Kong SFC expands violations list adding MEXC for unlicensed operations appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

El Salvador receives Bitcoin donation after revealing on-chain address

El Salvador received Bitcoin donations after President Nayib Bukele shared the Central American country’s digital wallet address with the public. In a March 14 post on social media platform X (formerly Twitter), Bukele revealed that the country transferred “a big chunk of our Bitcoin to a cold wallet and stored that cold wallet in a […]
The post El Salvador receives Bitcoin donation after revealing on-chain address appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Bitcoin long traders still leveraged at over $40 billion notional value above $50k

The notional total of leveraged long Bitcoin derivatives traders still surpasses $40 billion even after the recent swathe of liquidations, according to data from Coinglass. Shorts are primarily above $71,000 and amount to around $12 billion in notional value. Total open interest in futures contracts comes to $35 billion, while options contracts hold $31 billion […]
The post Bitcoin long traders still leveraged at over $40 billion notional value above $50k appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances

The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals. In the March 11 letter to SEC Chair Gary Gensler, Senators Jack Reed and Laphonza Butler advised the financial regulator to […]
The post US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Net ETF inflows of $132 million on volatile day for Bitcoin as market prepare to gap down

Bitcoin ETF inflows totaled $132 million on March 14, per data from Bitmex Research. The result, while strong, marks a slowdown from earlier in the week. BlackRock’s Bitcoin ETF saw $345.4 million in inflows, the highest among providers. However, Grayscale’s Bitcoin Trust (GBTC) experienced outflows of $257.1 million, down slightly from the day before. In […]
The post Net ETF inflows of $132 million on volatile day for Bitcoin as market prepare to gap down appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Avalanche Foundation buys self-proclaimed ‘completely useless’ memecoins for treasury

The Avalanche Foundation has announced its acquisition of five community (meme) coins native to the Avalanche blockchain network, as reported in a recent blog post. This move is part of the Foundation’s ongoing Culture Catalyst program, which aims to support Web3 creators, drive innovation on Avalanche, and promote broader blockchain adoption. According to the Avalanche […]
The post Avalanche Foundation buys self-proclaimed ‘completely useless’ memecoins for treasury appeared first on CryptoSlate.
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Cryptocurrency
15 Mar 2024

Best UITF Of The Philippines In 2020

Another year has ended. So how did unit investment trust funds or UITF perform? Indeed, the year 2020 is full of challenges. No doubt about that. Of course, as news from China of a mysterious illness that causes respiratory disease spread, the world ha...
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News
15 Mar 2024