Crypto

Introducing Exit Strategy 2.0 & More


We're thrilled to share a batch of updates that make your app even more tailored and intuitive for managing crypto investments. Let's dive into what's new and how these enhancements can improve your crypto journey.



Enhanced Exit Strategy 



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Cryptocurrency

Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion

Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5, above […]
The post Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion appeared first on CryptoSlate.
Cryptocurrency

OpenAI introduces GPT-4o model, promising real-time conversation

OpenAI announced a new model, GPT-4o, which will soon allow real-time conversation with an AI assistant. In a May 13 demo, OpenAI members showed that the model can provide breathing feedback, tell a story, and help solve a math problem, among other applications. Head of Frontiers Research Mark Chen noted that, although users could previously […]
The post OpenAI introduces GPT-4o model, promising real-time conversation appeared first on CryptoSlate.
Cryptocurrency

Uniswap founder says Biden’s indifference toward crypto could cost him elections

Uniswap founder Hayden Adams criticized President Joe Biden’s approach to crypto regulation and said his administration’s perceived indifference to crypto could be a significant miscalculation in the 2024 election. Adams warned in a May 13 post on social media that the administration is ignoring a key issue for many Americans and compared the decision to […]
The post Uniswap founder says Biden’s indifference toward crypto could cost him elections appeared first on CryptoSlate.
Cryptocurrency

Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments

Vanguard and BlackRock have increased their stakes in MicroStrategy holdings (MSTR) on May 10. Vanguard holds 1.6 million shares of MSTR worth $2.6 billion as of the end of the first quarter, up from 1.2 million shares worth $727.6 million at the end of December 2023. BlackRock now holds 1.2 million shares worth $2.1 billion, […]
The post Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments appeared first on CryptoSlate.
Cryptocurrency

Hong Kong Bitcoin and Ethereum ETFs face record single-day outflows

Quick Take According to Farside data, the Hong Kong (HK) Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) experienced the largest single-day outflow since launch. BTC ETFs Farside data reports that the BTC ETFs witnessed a staggering $25.3 million in combined outflows on May 13, marking the largest single-day outflow since their launch. AMCi saw […]
The post Hong Kong Bitcoin and Ethereum ETFs face record single-day outflows appeared first on CryptoSlate.
Cryptocurrency