Tesla (TSLA) signaled Wednesday it expects a reduction next year in the $7,500 federal tax credit for all Model 3 vehicle trims. This comes just a month after the global EV giant mysteriously got ever...
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Chainalysis Confirms Crypto Crime Down in Mid-Year Report
Blockchain security firm Chainalysis has confirmed a decrease in crypto scams and a 65% decline in illicit flows to criminal entities year-to-date compared to 2022. The movement of funds into high-ris...
Former FTX Exec Under Investigation for Possible Violations of Campaign Finance Law (Report)
US prosecutors have reportedly targeted Ryan Salame – ex-CEO of FTX’s Bahamian subsidiary – over a possible breach of the law when donating funds to his then-girlfriend’s political campaign in 2022. ...
Will UNI Go Bearish Soon?
Uniswap (UNI) is facing a challenging situation as it tries to break out of a descending pattern that has two barriers: a trendline and a 200-day EMA. The crypto’s next move will depend on whether it ...
Digitex Futures Founder Hits With Default Judgment By CFTC For Illegal Activities
Key Points: CFTC obtained a default judgment against Adam Todd and his companies for operating an illegal digital asset exchange Digitex Futures. Todd and his companies attempted to manipulate the pri...
ZkSync Era stablecoin liquidity dips slightly: Why is this a big deal?
ZkSync Era stablecoin liquidity experiences major outflow for the first time in two months. A look at why the ZkSync snapshot may have had an impact on stablecoin liquidity. ZkSync Era reportedly expe...
Will Man Utd Target A New Right Back To Replace Aaron Wan-Bissaka?
MANCHESTER, ENGLAND – MAY 25: Aaron Wan-Bissaka of Manchester United in action during the Premier … [+] League match between Manchester United and Chelsea FC at Old Trafford on May 25, 202...
US Stocks Rally as Inflation Numbers Come in Below Expectations
The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates. The US stock market witnessed a remarkable surge earlier in the day as traders celebrated t...
Elon Musk kickstarts new AI company to ‘understand the universe’
American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe.” According to the July 12 announcement, xAI will wo...
NZD/USD rises to highs since May following soft CPI figures from the US
NZD/USD rose above 0.6295, its highest since May 23. US CPI declined to 3% YoY vs the 3.1% expected, fuelling a decline in US Treasury yields. RBNZ held rates steady, just as expected. On Wednesday, t...
Stablecoin Issuer Circle Cuts Workers, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally
“To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinDesk in an email. “As a result, we have reduc...
BIS report claims crypto is centralized and DeFi amplifies risks
The Bank of International Settlements (BIS) recently showed skepticism about the potential role of crypto in the global monetary framework, citing flaws that originate from the incentives of validator...
How the stock market is getting a boost from short sellers
Big tech names drove the stock market’s massive gain in the first half of the year. As the breadth of the market rally broadens, another group is contributing to the increase too: heavily shorte...
Gary Gensler won’t recuse himself from crypto cases despite ‘appearance of bias’
SEC Chair Gary Gensler will not step away from the crypto cases currently being battled in court. Gensler told reporters Wednesday at a press conference that he won’t recuse himself, saying he is “fu...
Bitcoin Cash (BCH) Price Analysis for July 12
The rates of most of coins keep rising; however, there are some exceptions to the rule. Top coins by CoinMarketCap BCH/USD The rate of Bitcoin Cash (BCH) keeps growing, rising by 4.56% over the last 2...
OnePiece’s Kezheng Jia and Langrenus’ Joey Kong on DeFi, GameFi and SocialFi
In this captivating discussion on The Silicon Dreams, Kezheng Jia (KJ) and Joey Kong, two of the VC frontrunners in the Valley, share their valuable insights on the transformative potential of the Dis...
Will BRISE Experience a 100x Growth Potential Before July Ends?
Altcoin News BRISE’s potential to deliver a 100x return on investment by the end of the year. BRISE position itself as a competitive player in the blockchain space. In a market dominated by volatilit...
Bullish Targets Emerge for the Bitcoin (BTC) Price While it Lingers Around $30,500
The crypto markets failed to react positively to the release of the fresh CPI rates, which were as expected. The rates have dropped to 3%, which is very positive for the crypto markets, especially Bit...
Both Powerball And Mega Millions Jackpots Top $500 Million—Here’s Why There Are So Many Giant Jackpots
Topline Lottery players are in luck this week, with both major multi-state jackpots surpassing the $500 million threshold together for the first time in two-and-a-half years, after the Mega Millions j...
Google Play updates terms to allow blockchain content for Android in Play Store
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...
LBRY Token Crashes 14% After Company Firm Behind Project Announces Shutdown
LBRY Inc – the firm responsible for developing the LBRY protocol – has announced it will close operations after receiving a final judgment in its case with the U.S. Securities and Exchange Commission ...
USD/CHF nosedives to a new 8-year low beneath 0.8700 on weak US CPI
USD/CHF plunges to an 8-year low as unexpected slowing US inflation raises doubts about Fed’s future rate hikes. Consumer Price Index shows inflation cooling, with core CPI indicating a more balanced ...
XRP defends $0.46 yet again, but a move downward looks likely as…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of XRP was technically beari...
Here’s how much Tesla’s market cap is up since start of 2023
Tesla (NASDAQ: TSLA) has exhibited a solid performance in 2023, with its shares currently trading at $271.99, representing a remarkable year-to-date (YTD) increase of $163.89 or 151.61%. Such substan...
9,800 Bitcoin Tied To Silk Road Moving To New Wallet
Key Points: The US Department of Justice (DOJ) has transferred 9,825 Bitcoin linked to the Silk Road darknet marketplace to new addresses in two transactions. The DOJ previously sold 9,800 BTC to Coin...
China Could Work With US On artificial intelligence AI
Billionaire Elon Musk on Wednesday said artificial general intelligence (AGI) would be the finale event after five years in the AI space. He spoke yet again about the need for regulation and oversight...
Why Nvidia is still seen as worth more than $1 trillion
Investors are still buying into the notion that Nvidia (NVDA) will have a very hot summer as it cleans up in the generative AI arms race with its performance lead in chips. That’s even with grow...
MicroStrategy Could Sell Its Bitcoin Holdings if Price Drops Drastically
If the price of Bitcoin rises, MicroStrategy will benefit in various ways. Conversely, if the price of Bitcoin falls drastically or even crashes, MicroStrategy may face challenges in recovering from t...
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
Bitcoin mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin (BTC) blocks. The b...
European Union Takes Initiative on Virtual Worlds & Web 4.0
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
Elon Musk’s New ChatGPT Competitor Boosts AI-Related Crypto Tokens
Tokens such as SingularityNET (AGIX) rose more than 6% while Fetch.ai (FET) climbed about 3% after the announcement of the new company with a goal to “understand the true nature of the universe....
Trading Firm Integrates XRPL XLS-30D After Security Audit Success
Sologenic co-founder says the firm has integrated XRPL AMM, XLS-30D. The integration comes after a comprehensive scrutiny audit by CertiK. CertiK says the AMM meets the highest security standards. In ...