Bitcoin supply near total profitability as institutional demand drives value flows

What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: […]

1 min read

Intel Could Sell Another Major Business in Turnaround Bid

For years, semiconductor giant Intel (INTC -2.49%) has been exiting lines of business that don’t fit with its overall strategy. Under former CEO Pat Gelsinger, Intel sold off its NAND and SSD operations, wound down its Optane memory unit, spun off Mobileye via an initial public offering (IPO), exited the prebuilt server business, gave up on Bitcoin […]

5 mins read

Bitcoin inches closer to $110K amid global debt concerns and gold price surge

Key Takeaways Bitcoin reached a new record high amid Japan’s debt concerns and an increase in gold prices. Corporate buying by Strategy and Metaplanet has been linked to Bitcoin’s recent price gains. Share this article Bitcoin touched $109,845 on Binance Wednesday morning, surpassing its January high of $109,588 and being on track to hit $110,000 […]

4 mins read

Bitcoin price aligns with its 130 billion ‘life years’ of attention compared to gold

The pseudonymous co-founder of ScimitarCapital, Thiccy, shared a novel theory on Bitcoin price appreciation Tuesday by comparing Bitcoin’s global attention to that of gold. What gives Bitcoin value? A new way to think about it He argues that gold is valuable because it’s rare, durable, and has been trusted as money for thousands of years. […]

2 mins read

CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple

Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC and Ripple’s settlement request was denied, maintaining the $125 million penalty. Share this article The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19, […]

3 mins read

Man gets 14 months in jail for role in SEC’s X account hack that pumped fake Bitcoin ETF hype

Key Takeaways Eric Council Jr. was sentenced to 14 months for his role in hacking the SEC’s X account. The hack led to a false Bitcoin ETF announcement, causing market fluctuations. Share this article Eric Council Jr., who helped facilitate the unauthorized takeover of the SEC’s X account that led to a false Bitcoin ETF […]

3 mins read

Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.  Basel CEO Darren Chhoa said […]

3 mins read

Arizona governor rejects bill to establish state-run digital asset reserve over fiscal risk

Key Takeaways Two crypto bills, Senate Bill 1373 and Senate Bill 1024, are dead after the governor’s action. A budget-neutral approach in House Bill 2749 was favored by Hobbs for managing Bitcoin reserves through airdrops and staking. Share this article Arizona Governor Katie Hobbs on Monday vetoed Senate Bill 1373 (SB1373), which proposed establishing a […]

2 mins read

Short squeeze propels Bitcoin past $100,000 with funding rates growing

What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: […]

1 min read