Category: crypto

Bitcoin reached $94,205, up 11.8% in six days, amid a broader asset rally following the White House’s softened stance on Federal Reserve policy and U.S.-China trade tariffs. President Trump stated he won’t dismiss Fed Chair Powell. Treasury Secretary hinted at easing tariffs with China. Bitcoin’s rally showed minimal correlation with other assets.

Cantor Fitzgerald plans to launch a $3 billion digital asset venture called 21 Capital, backed by partners including Tether, SoftBank, and Bitfinex. The initiative, led by Brandon Lutnick, aims to mirror MicroStrategy’s success in the Bitcoin market. The company will start with contributions from partners and plans to raise more funds for Bitcoin acquisitions. The…

B2Broker offers comprehensive crypto CFD liquidity solutions that help brokers, exchanges, and institutional clients increase trading volumes and reduce operational risks. The cover art/illustration featured on CryptoSlate may contain AI-generated content.

Geoffrey Kendrick, the global head of crypto research at Standard Chartered, believes that Bitcoin has not yet priced in growing signs of systemic risk despite its recent role as a hedge. Kendrick warned of bond market stress that could impact the crypto market due to political pressure on the US Federal Reserve. He reaffirmed Standard…

In the past 24 hours, on-chain lending protocols saw a $2.3 billion increase in Total Value Locked (TVL) and a $700 million increase in active loans. Lending-related tokens also experienced a 7.7% price increase. Aave saw the most new loans, while Euler and Compound also saw significant increases.

The rising value of gold, reaching trillions of dollars, indicates that Bitcoin still has room to grow and catch up. This comparison suggests that Bitcoin has the potential for significant future growth and value appreciation in the market.

Aikido Security discovered a vulnerability in the XRP Ledger’s official JavaScript SDK, with compromised versions published on NPM. Malicious code allowed private key exfiltration, posing a risk to crypto wallets. XRP Ledger Foundation acknowledged the issue and removed affected versions. Best practices for mitigating risks were highlighted by Gen3 Games CTO.

Locked token holders have experienced significant drawdowns in their positions compared to OTC valuations in May 2024. Data shows that most major tokens have seen valuation declines, with only JITO showing a gain. This highlights the risks of investing in illiquid, locked positions during early-stage token rounds. Early investors may have missed better exit opportunities…

The European Central Bank is concerned about President Donald Trump’s pro-crypto agenda and the potential threat of dollar-backed stablecoins to the eurozone’s financial stability. The ECB is urging the European Commission to review existing crypto regulations to counteract aggressive US reforms. Both institutions disagree on the potential risks posed by foreign-backed stablecoins but agree on…

Former SEC Chair Gensler’s departure has not stopped the agency’s regulation-by-enforcement approach towards the crypto industry. Paradigm’s Justin Slaughter emphasizes that state-level lawsuits against crypto exchanges, like Coinbase, continue despite federal leadership changes. State AGs lack resources for detailed cases, leading to unpredictable outcomes without federal legislation.