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
Merge
Community braces for ‘fork wars’ after Poloniex’s sudden move to support EthereumFair over ETHW
Poloniex said it supports EthereumFair due to this PoW chain being supported by the majority of the community.
Merge
Charles Hoskinson points out Ethereum’s Merge changes nothing
Although the Merge has been finalized, Hoskinson said there is more to achieve before Ethereum 2.0 can be considered complete.
Crypto
CryptoSlate Daily wMarket Update – Sept. 14
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Bankruptcy
Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan
The disgraced CeFi lender hopes to rebuild with a new business strategy focused on crypto custody.
Crypto
CryptoSlate Daily wMarket Update – Sept. 13
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Research
Research: Ethereum price volatility expected post-Merge as open interest options soar with bearish divergence
Options traders are bracing for volatility post-Merge with the expectation of downside risk to follow.
Macro
Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike
Bitcoin tanks on news that CPI inflation was up for August. The odds of another huge 75 bps hike increased as a result.
Crypto
CryptoSlate Daily wMarket Update – Sept. 12
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Research
Research: Ethereum gas usage by stablecoins, DeFi, NFTs, and ERC -20 contracts
During the current bear market, gas usage has trended downwards for each of the four categories, however, ERC-20 contract gas usage appears to have bottomed.
Bankruptcy
Celsius token among top ten 24 hour gainers, up 13%
Celsius price gains are attributed to a short squeeze, which don't typically provide sustainable gains over the long term.
Crypto
CryptoSlate Daily wMarket Update – Sept. 9 to Sept. 11
The wMarket Update on Mondays condenses the most important price movements in the crypto markets over the weekend, published 08:00 UTC.
Adoption
Fidelity to launch Bitcoin retail trading in November
Fidelity has offered institutional clients Bitcoin services since 2018, but the investment manager is now bringing retail on board.
