Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...

PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B

Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filed to the United States Securities and Exchange Commission.  Claiming a combined total of $9...

BlockFi customers want to take over $375m worth of crypto assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlockFi customers want $375m in various crypto assets to be considered as their property in the ongoing Chapter 11 bank...

CoinFlip’s Olliv Brings 300+ Crypto ATMs to Access Litecoin in Australia

4 mins ago | 2 mins read Altcoin News Olliv Installed more than 300 crypto ATMs in Australia. Australians embrace cryptocurrencies more than bank deposits. Increase in demand for ATMs in Australia, an...

12 factors VCs should focus on when vetting crypto and blockchain companies

Venture capitalists may be wary of the crypto and blockchain industry at the moment, and it’s not without reason. However, the highly publicized bad actions of a few shouldn’t keep VCs from spotting t...

Grayscale Angling for 3 New Crypto ETFs as GBTC Ruling Nears

Grayscale Investments has set up a trio of new funds, regulatory filings show, as the firm awaits a court ruling related to the planned conversion of its flagship product to an ETF.  The crypto-f...

The World’s Biggest Market Makers Quit Crypto

The winds of regulation are blowing across the crypto market, shaking up the trading strategies of major market makers such as Jane Street and Jump Trading. Amid the escalating regulatory clampdown in...

Jane Street and Jump Crypto reportedly reducing focus on crypto trading

US regulatory clampdown has reportedly resulted in two significant firms pulling back their crypto trading activity The report comes in days after the SEC made significant moves in the crypto market W...

Crypto Whale Suffers $500,000 Loss As PEPE Price Plummets

Unsurprisingly, the recently hyped frog-themed meme coin PEPE is now beginning to suffer a price decline, impacting late investors negatively. According to LookOnChain’s recent report, a large investo...

Bitcoin priced on Binance​.US crypto exchange at $700 premium

Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin (BTC) withdrawals, its American arm, Binance.US, is selling BTC at a premium. The price of Bitcoin on Binance.U...

Solana (SOL) the Only Altcoin To See Institutional Investments Last Week: CoinShares

Digital assets manager CoinShares says institutional investors have a negative sentiment about the market as crypto suffers major outflows for the third week in a row. In its latest Digital Asset Fund...

Biden’s $18B Crypto Tax Tweet Puzzles Industry

In a tweet castigating Republicans for their budget priorities, President Joe Biden claimed on Tuesday that if Congress got rid of “tax loopholes that help wealthy crypto investors,” it would net the ...

Around 400 Crypto Firms in Estonia Closes Amid AML Crackdown

1 hour ago | 2 mins read Bitcoin News Around 200 domestic crypto service providers have voluntarily ceased. Over the last few years, Estonia has made a concerted effort to adopt robust AML measures. N...

Crypto enthusiasm is fading among ultra-wealthy, Goldman Sachs finds

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Goldman Sachs’ recent survey of family offices, a majority of them, 62%, are not interested in investing i...

South Korean Authorities Investigate Lawmaker Over Alleged Crypto Transfers

There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions.  The growing domestic outrage alleged that Kim liquidated over $4 million wo...

Biden ties Republicans to ‘wealthy crypto investors’ in budget battle

Policy • May 9, 2023, 5:02PM EDT President Joe Biden took a dig at “wealthy crypto investors” on Tuesday, seeking to tie Republicans to the digital asset industry as he knocks the GOP’s proposed feder...

32% of Family Offices Invest in Crypto

Some family offices are deciding that they are less interested in cryptocurrency as an investment, according to a new report. But they will put their dry powder to use sooner or later when the right o...

Baby Doge Coin Proposes 100 Quadrillion Token Burn

Alex Dovbnya Baby Doge Coin, the meme-based cryptocurrency, has proposed a massive 100 quadrillion token burn and a 0% fee reduction on Ethereum transactions in a bid to bolster security and enhance t...

Central Bank Of Ireland Governor Urges Policy Action To Combat “Crypto Ponzi”

According to Bloomberg, the Governor of the Central Bank of Ireland, Gabriel Makhlouf, has raised concerns about the potential risks associated with unbacked cryptocurrencies, which are more akin to a...

Best crypto memes of the day – May 9th – Cryptopolitan

Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...

Dfns Launches First Biometric Crypto Wallet Infrastructure

Applications who enable this new feature allow users to access their wallet and send funds by scanning their face or fingerprint in place of remembering their private key or seed phrase. NEW YORK–(BUS...

Crypto Exchange Bittrex Files for Chapter 11 Bankruptcy

Crypto exchange Bittrex Inc filed for Chapter 11 bankruptcy protection on Monday. The filing comes after the exchange suspended its US operations. Seattle-based cryptocurrency exchange Bittrex Inc fil...

Hong Kong Warns Crypto Businesses Not to Expect Special Treatment as City Readies Regulation

A high-ranking Hong Kong official has warned crypto exchanges to expect strict regulation and advises those in opposition to go elsewhere.  Hong Kong has stated that its upcoming crypto regulation wou...

‘Unintended Consequences’: 21Shares Warns UK Regulators in Crypto Consultation Response

21Shares wrote a letter in response to the UK’s February consultation on crypto policy, the crypto ETP provider announced Sunday. Its co-founder and CEO, Hany Rashwan, hyped up Switzerland as a “model...

Here’s Why Toncoin (TON), Eos (EOS), and DigiToads (TOADS) Are Generating a Lot of Buzz Among Crypto Investors

The buzz in the crypto industry is getting louder by the day. At the forefront, DigiToads (TOADS), Toncoin (TON), and Eos (EOS) are the top cryptos for enthusiasts looking for the latest trends in thi...

Top crypto tweets of the day – May 9th – Cryptopolitan

Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...

PrimeXBT crypto futures: A detailed review 2023

PrimeXBT is a popular crypto futures trading platform that offers users the ability to trade various cryptocurrencies, traditional asset CFDs, try copy trading, and participate in trading contests.  L...

Former Goldman Sachs Executive Says Crypto Markets About To Accelerate Out of Bear Market Much Faster Than 2019

Former Goldman Sachs executive Raoul Pal predicts that in the next six months, the crypto markets will soar out of the bear market quicker than in 2019. In a new interview with The Breakdown host Nath...

Which Is the Best Crypto To Invest in 2023? Analysts Favor Shiba Inu (SHIB), Avalanche (AVAX), Collateral Network (COLT)

As we move through 2023, investors are looking for the next big crypto opportunity. Analysts have turned their attention to Shiba Inu (SHIB), Avalanche (AVAX), and Collateral Network (COLT) as top con...

Crypto Prices Could Soon Correct if Buffett is Right

The Oracle of Omaha, whose opinion many regards as an economic health barometer, suggests that businesses’ performance could decline, leading to a short-term stock decrease. This decline could spur a ...

PayPal’s Crypto Holdings Surged by 56% in Q1 2023, Nearing the $1 Billion Milestone!

PayPal, the popular payment processing company, has been making waves in the crypto market lately. According to their recent financial report for Q1 2023, PayPal’s crypto holdings increased by an impr...

Unveiling the Premier Crypto Events in Asia for 2023

  The world has witnessed remarkable growth in cryptocurrency adoption, with Asia emerging as a dominant force in the digital asset landscape. Leading countries such as China, South Korea, and Japan h...