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CryptoSlate

Cryptocurrency News and Real-time Coin Data

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Bitcoin recovers $100k price level as expectations of Fed rate cut rise
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has ...

SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complai...

Democrat’s increase opposition to party’s anti-crypto position calling Bitcoin ‘the future’ of value
Democrat Ro Khanna, on a panel at Bitcoin MENA 2024, said being against Bitcoin is akin to rejecting other widely adopted technologies. He said Bitcoin represents freedom and cannot be ignored by a pa...

Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange
Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capi...

Hong Kong lawmaker questions government’s stance on Bitcoin amid rising global significance
Hong Kong lawmaker Johnny Ng has questioned whether the city’s government is considering Bitcoin as part of its investment strategy. He raised these views in a Dec. 11 statement, highlighting the gr...

Bitcoin velocity hits 12-year low as institutional demand drives up price
Velocity measures how frequently Bitcoin moves within a given period. It’s calculated by dividing the total transaction value by the average supply of Bitcoin. Higher velocity indicates heavier Bitc...

Bitcoin steadies below $99,000 as US inflation data meets expectations
Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts. The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, ac...

Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media
A phishing attack resulted in a crypto user losing $7.8 million worth of SolvBTC, a wrapped Bitcoin product created by Solv Protocol. On Dec. 11, blockchain security firm Scam Sniffer highlighted the ...

FTX recovers $14.5 million through political donation settlements
FTX debtors secured approximately $14.5 million in November through small claim settlements, primarily from political donations, according to a Dec. 10 court filing. The recovered funds included $6 mi...

Bitcoin deserves to be $870k with gold parity according to former Binance CEO Changpeng Zhao
At Bitcoin MENA 2024, Binance CEO Changpeng Zhao said Bitcoin could surpass gold’s market capitalization. Speaking in an interview during the event, Zhao said gold’s supply is hard to determine, w...