Fidelity exec says BTC undervalued and oversold

Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence on Tuesday that the cryptocurrency may be both undervalued and oversold.  Addressing... Read more »

FINRA CEO welcomes crypto employees who were laid off as agency increases focus on digital assets

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Financial Industry Regulatory Authority (FINRA) CEO Robert Cook talked about the agency’s direction towards the crypto market to understand... Read more »

Stablecoin Supply Decreases for First Time in History

Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly from the treasures of major issuers, including... Read more »

Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’

Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area... Read more »

Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?

Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals from its platform on June 13. A growing number of users believe... Read more »

Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO

In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of... Read more »

South Korean Government Calls for Voluntary Regulations From Crypto Industry

The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued... Read more »

Three Arrows Capital insolvency rumors draw questions over soundness of DeFi

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Rumors that Singapore-based crypto hedge fund managers Three Arrows Capital (3AC) may be insolvent are doing the rounds... Read more »

Four Metrics Suggest the Bitcoin Market Bottom Is Near

Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high.  Several metrics now suggest that the market bottom is near.  Still, BTC could fall to $15,670 before the trend reverses.  ... Read more »

Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should... Read more »