Author: admin

In brief Bitcoin’s active investor cost basis at $78,000 stalled the recent rally, with the ETP average cost basis at $83,000 seen as the next key hurdle, according to Schwab’s digital assets strategist. The passage of the CLARITY Act is a major catalyst that could reset momentum in the crypto market. Strong institutional demand from recent ETF inflows could fuel a breakout rather than a reversal, other experts told Decrypt. Bitcoin’s rally to $78,000 ran into resistance last week, with Schwab’s digital assets strategist pointing to two investor cost basis levels that could keep prices rangebound—even as ETF inflows and…

In brief OP Labs debuted a privacy offering that it says is expected to expand to additional blockchains in the coming weeks. The technology, dubbed Privacy Boost, supports self-custody while enabling enterprises to build auditable environments that work with Know Your Customer rules. The hope is that enterprises use the technology to build real-world applications, while incumbents are flocking to competitors like Canton. OP Labs debuted a privacy offering on Tuesday that’s aimed at bringing more enterprises to Ethereum’s ecosystem, starting with the OP Mainnet, the layer-2 scaling network it created.The network formerly called Optimism now supports “Privacy Boost,” OP…

In brief Researchers say quantum computers could process some AI datasets more efficiently than classical machines. A proposed method feeds data into a quantum system in smaller batches instead of loading it all at once. Even relatively small quantum computers could show advantages for certain data-heavy tasks. Quantum computers may eventually help process some of the massive datasets used to train artificial intelligence, according to a report by New Scientist.Drawing from an earlier study by Caltech, Google Quantum AI, quantum computing startup Oratomic, and MIT, researchers say one challenge has been getting large datasets—often measured in terabytes or petabytes—into a…

Make CryptoSlate preferred on Strategy, the Michael Saylor-led company formerly known as MicroStrategy, has surpassed BlackRock’s flagship spot Bitcoin exchange-traded fund (ETF) to become the world’s largest institutional holder of Bitcoin.According to an April 20 regulatory filing with the Securities and Exchange Commission (SEC), Strategy acquired an additional 34,164 Bitcoin over the past week at an average price of $74,395 per coin.The purchase cost about $2.54 billion and ranks as the third-largest single acquisition in the company’s history by coin count.The latest transaction lifted Strategy’s total Bitcoin holdings to 815,061 BTC, or about 3.88% of the token’s total supply.The company…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has crossed the 945,000 blocks milestone, putting it past the midway point to the next Halving event. Here’s how many blocks are still to go. Bitcoin Halving Will Occur At Block Height 1,050,000 The “Halving” is a predetermined event on the Bitcoin network that slashes the cryptocurrency’s block subsidy exactly in half. It’s periodic in nature, occurring every 210,000 blocks or about every four years. The last such event took place in 2024. Why did Satoshi write this feature into the blockchain’s code? The answer to…

In brief MoonPay, the Dogecoin Foundation, and House of Doge collectively donated 1 million DOGE to the AKC Humane Fund. The funds support rescue operations, assistance for domestic violence victims with pets, and veterinary care for financially struggling families. MoonPay Commerce now processes Dogecoin donations to the charity, allowing ongoing crypto contributions. MoonPay, the Dogecoin Foundation, and its corporate arm House of Doge collectively donated 1 million DOGE—roughly $95,000 worth—to the AKC Humane Fund on Monday, enabling ongoing crypto donations to the dog welfare charity through MoonPay’s payment infrastructure.The contribution will fund shelter assistance for pet owners affected by domestic…

Make CryptoSlate preferred on The US Senate’s most significant effort to establish a comprehensive federal framework for digital asset markets, the CLARITY Act, is in imminent danger of slipping into May.Amid fierce pressure from traditional financial institutions, Senator Thom Tillis (R-NC) is actively pressing Senate Banking Committee leadership to delay advancing the CLARITY Act.The delay turns what was expected to be a breakthrough in late April into a critical test of whether Congress can finalize a broader crypto market-structure bill before the election-year legislative calendar closes entirely.The stakes for the digital asset sector extend far beyond basic scheduling. The CLARITY…

The state of New York filed a pair of high-stakes lawsuits Tuesday against Coinbase and Gemini, arguing the crypto companies violated state gambling laws by offering prediction markets.The suits, filed Tuesday in a Manhattan state court, target not only sports-related wagers on Coinbase and Gemini, but also the firms’ prediction markets related to entertainment and politics.New York Attorney General Letitia James also took issue in the lawsuits with the fact that both Coinbase and Gemini allow New Yorkers as young as 18 to place wagers on prediction markets, when the legal age to gamble in the state is 21.“Gambling by…

Make CryptoSlate preferred on In just under three weeks, cyber operatives linked to the Democratic People’s Republic of Korea (DPRK) have stolen more than $500 million from crypto DeFi platforms.This marks a drastic escalation in Pyongyang’s state-sponsored campaign to bankroll its weapons programs through cryptocurrency theft.Drift and KelpDAO drive North Korea’s over $500 million DeFi exploitsNotably, the twin devastating exploits targeting the Drift Protocol and KelpDAO have pushed North Korea’s illicit crypto haul for the year well past the $700 million mark.The staggering losses underscore a shift in tactics by Kim Jong Un’s cyber army, which is increasingly weaponizing complex…

In brief Core Scientific, which mines Bitcoin, said it would offer $3.3 billion worth of speculative-grade debt to capitalize on the AI boom. The firm is currently developing six data center facilities under a deal with cloud-computing firm CoreWeave, per Bloomberg. The company said last month that it is willing to sell the entirety of its Bitcoin holdings in order to fund its ongoing pivot. Core Scientific, a Bitcoin miner turned data center operator, said on Tuesday that it plans to offer $3.3 billion worth of speculative-grade debt to fund its massive pivot into AI infrastructure.In an announcement, the company…

In brief A Coinbase advisory report says proof-of-stake blockchains may face additional exposure to quantum attacks because validator signatures secure the network. Wallet cryptography used to prove ownership of crypto is another long-term vulnerability. The report says current quantum computers cannot break modern cryptography, but urges the industry to begin preparing. Proof-of-stake blockchains could face greater exposure to future quantum computing attacks because the validator signatures used to secure those networks rely on cryptography that a powerful enough quantum computer could eventually break, according to a report released by cryptocurrency exchange Coinbase.Released Tuesday by Coinbase’s Independent Advisory Board on Quantum…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Merlijn The Trader has published a detailed Bitcoin chart analysis, pointing to a rare monthly Moving Average Convergence Divergence (MACD) setup that has preceded major bull runs in BTC’s history. According to the analyst, Bitcoin is showing signs of repeating the same MACD, signaling a potential bullish turnaround ahead. He noted that the cryptocurrency’s bottom is not yet in, expecting another major price decline before an explosion to a new all-time high.   Bitcoin Historical Cycle Patterns Signal Ongoing Reset Phase In an X post, Merlijn…

Solana processes over 162 million transactions daily at slot times averaging 390 milliseconds. For most users, that speed is more than sufficient. For trading firms, arbitrage bots, and liquidation engines, it is barely enough margin to work with.The difference between landing a transaction in slot 0 and landing it in slot 2 is not a rounding error. It is the difference between a profitable execution and a missed opportunity with fees already paid. On Solana, landing late is not free. Priority fees paid to win a slot are still charged when the transaction arrives after the opportunity is gone.This is…

In brief Revolut is seeking a $200 billion valuation via an IPO, according to the Financial Times. The report cited investors briefed on the firm’s plans, though it doesn’t intend to IPO until 2028 according to its CEO. The firm last raised funding in November at a $75 billion valuation. Fintech firm Revolut aims to command a $200 billion valuation when it goes public, according to a new report from the Financial Times, citing investors briefed on the firm’s plans. At that mark, the firm’s valuation would have jumped more than 160% since its November fundraise, when it completed a share…

Make CryptoSlate preferred on RAVE briefly crossed a $6.7 billion valuation on Apr. 18 before collapsing nearly 95% in hours. The market infrastructure surrounding the token, consisting of thin float, concentrated supply, and a live perpetual market, drove the scale of both the rally and the destruction.ZachXBT alleged that insiders controlled more than 90% of RAVE’s supply, with roughly 75% in a single wallet and approximately 10% more spread across two connected wallets.Binance and Bitget both publicly acknowledged they were investigating, and OKX’s Star Xu stated that his exchange’s risk engine registered no disruption and added a $25,000 bounty to…

In brief Kalshi plans to roll out crypto trading to users, a move expected to provide traders with access to perpetual futures, per a report. Meanwhile, Polymarket announced that perpetual futures trading is coming to its platform, enabling users to speculate using leverage. Polymarket and Kalshi can provide access to futures and options under the CFTC’s framework for Designated Contract Markets. Polymarket announced on Tuesday that users will soon be able to trade perpetual futures on its platform, while chief rival Kalshi reportedly eyes a similar push into the derivatives space.In an X post, Polymarket published a video indicating that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Arrington, founder of Arrington Capital, said the XRP ecosystem could have “no upper limit” in value if Ripple stays focused on its mission and keeps executing, framing the company’s infrastructure buildout as a long-duration bet on institutional crypto rails rather than a short-term market narrative. Speaking on Ripple’s Onchain Economy series in an episode published April 20, Arrington argued that Ripple and XRP have been “completely misunderstood” over the past decade, and said the company’s recent push across stablecoins, prime brokerage, acquisitions and product development could…