The cryptocurrency market cap has experienced a significant increase, with Bitcoin and Ethereum gaining ground. The top 10 crypto assets all posted gains, and on-chain data reveals that Bitcoin whales have started accumulating the digital asset for the first time since January. Ethereum's highly anticipated upgrade has had minimal impact on its price, but validators have withdrawn over 84,000 coins as of press time. Discover the day's biggest gainer and its impressive growth, as well as the top 5 gainers and losers in the market. What could be driving these major changes in the crypto landscape? Find out more when you subscribe to CryptoSlate Alpha...
CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Amazon invests $4B in OpenAI alumni Anthropic, launching AI cloud war with Microsoft and Google
From Claude to Claude-Next, Amazon's bold bet on Anthropic's frontier AI technology.
Coinbase secures AML license from the Bank of Spain
The license enables Coinbase to offer its complete range of cryptocurrency services to both retail and institutional users in Spain while adhering to the nation's legal framework.
Gensler says U.S. government shutdown would reduce SEC to skeleton crew
The SEC could stop processing applications if the U.S. government enters a partial shutdown, which would likely include crypto ETF proposals.
SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M
Stanford professors under fire for alleged fraud and enrichment amidst FTX’s downfall.
Tether acquires 20% stake in German Bitcoin miner Northern Data in unusual equity deal: Report
In a convoluted multinational deal, Tether is reportedly buying thousands of GPU chips for a German crypto mining firm that wants to rent them out to startups—all handled through an Irish shell company.
Nasdaq executive says BlackRock’s first Bitcoin ETF rejection was ‘purely procedural,’ not final
The SEC called filings related to various ETFs inadequate in June.
BitBoy removes host Ben Armstrong amid meme coin controversy – reports
Ben Armstrong parts ways with BitBoy Crypto amid ongoing speculation and rumors.