Banking
BNY Mellon’s crypto custody venture runs afoul of SEC rules
The SEC's accounting rules pose a challenge to BNY Mellon's crypto custody business.
Samuel Wan Recent Articles
Exchanges
Binance’s CZ puts Reuters reporter on blast for intent to report about his children
Binance CEO blasted Reuters over a reporter's intent to run a report on his children, taking the step of communicating new developments direct with the community.
Adoption
Mastercard to address pent-up demand by offering banks an easy way into crypto
Mastercard's program will assist banks with crypto trading, regulatory compliance, and meeting security requirements.
Featured
CryptoSlate Daily wMarket Update – Oct. 14-16: Markets trade flat but Quant posts impressive 23% gain
The wMarket Update condenses the most important price movements in the crypto markets, published 08:00 UTC on weekdays.
Bear Market
Volume surges to ‘bull market levels’ as Bitcoin snaps back from CPI decline
Rollercoaster price action, leading to a recovery, gives the Bitcoin community hopium. However, based on volume analysis, further drops are expected.
Adoption
Nigel Farage draws parallels between political ridicule and Bitcoin ideology
Nigel Farage justified his speaking slot at Bitcoin Amsterdam and offered advice on bringing real political change.
Adoption
How Bitcoin turns El Salvador into the next Singapore according to Max Keiser
El Salvador is doubling down with revised securities laws that put Bitcoin at the core of the country's international trading strategy.
Macro
Bitcoin slumps 3% as data reveals hotter than expected CPI print
Bitcoin sinks on news that CPI inflation came in above expectation. The odds of a fourth 75 bps rate hike have increased as a result.
Bear Market
Cardano community remains defiant after ADA sinks to 21 month low
Cardano (ADA) breaks support slumping to $0.3571, with new lows on the cards. In response, investors voiced their continued support of the project.
Macro
Bitcoin Amsterdam panel discussion throws light on unfixable debt-based system
The session panelists agreed that the debt-based system is inherently flawed and incapable of resolving inflation and currency debasement. Bitcoin offers an alternative system that is the antithesis to old ways that have led us to this point.
Legal
Grayscale files opening brief in Bitcoin ETF battle against SEC
Grayscale Investments open legal action against the SEC, arguing that it is discriminatory to allow Bitcoin Futures ETFs but not a spot ETF.
Macro
The Economist’s cover featuring Bitcoin along with major currencies has Twitter guessing
A cartoon control panel contains both obvious and symbolic depictions of a currency crisis. Notably, Bitcoin is featured alongside major fiat currencies.
Research
Liquidations expected as Bitcoin open interest, leverage ratio spike higher
Bitcoin leverage, open interest, and funding rate metrics point to a significantly hot and overleveraged derivatives market.
