Category: Cryptocurrency

Available exclusively via Bitcoin’s historical performance: September dips and year-end rallies Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into Bitcoin’s historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.

Cantor Fitzgerald CEO Howard Lutnick recently articulated his vision for Bitcoin’s integration into traditional finance, emphasizing its potential to become a pivotal asset in the financial industry. Lutnick highlighted the gradual acceptance of Bitcoin within mainstream finance, noting that while an ETF has begun to make Bitcoin more mainstream, banks are still unable to engage…

DeFi and social dApps saw a notable rise in daily unique active wallets (dUAW) in August, as the overall dApp industry hit a record 17 million average dUAWs, up 9% from the previous month, according to a DappRadar report. DeFi Decentralized exchanges Raydium and Uniswap v2 had 18.8 million and 4.8 million monthly unique active…

Bitcoin’s trading hours have surpassed those of the modern US fiat stock market since the Nixon Shock, but claims of it exceeding the entire history of US stock trading or fiat globally would be premature. A closer examination reveals a more nuanced picture of market longevity and trading activity. The crypto community recently buzzed with…

Toncoin, a digital asset tied to Telegram, stood out in a declining market after the app’s founder, Pavel Durov, broke his silence following his arrest in France. CryptoSlate data shows that Toncoin rose by over 4% in the past 24 hours, reaching $5 before settling around $4.77 at press time. Meanwhile, top assets like Bitcoin,…

The Sahm Rule, a key recession indicator, continues to signal an elevated risk of an economic downturn in the United States, adding to bearish sentiment in crypto markets already grappling with negative on-chain trends. According to a recent analysis by ETC Group (now a part of Bitwise), the Sahm Rule remains triggered, implying an imminent…

The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the total fines levied by the regulator since 2013 to $7.42 billion, with 2024 accounting for 63% of…

Bitwise Chief Investment Officer Matt Hougan cautioned investors that ongoing market uncertainty is driving significant volatility in Bitcoin and other digital assets but expressed optimism for a recovery later in the year. In his latest investor note, Hougan highlighted key challenges, including the upcoming US presidential election and ongoing debates over Federal Reserve rate cuts,…

Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent mining companies, including Bit Digital, Bitfarms, CleanSpark, Core Scientific, and Marathon Digital Holdings. The executives…