News

Popular social trading app and website eToro became the latest FinTech firm to get a “unicorn” classification earlier this week, local publication Calcalist reported. The firm is now valued at over $2.5 billion. From crypto and stocks to a unicorn player eToro is an Israeli social trading and multi-asset brokerage company that focuses on providing […]

CryptoSlate recently had the opportunity to chat with the Managing Director of Nexo, Antoni Trenchev. Nexo is a leading digital asset company best known for providing the world’s first instant crypto credit lines. Prior to catching the blockchain bug in early 2013, Trenchev studied finance law at King’s College London and Humboldt University of Berlin. […]

Ministers from the seven influential countries called for greater regulatory oversight and laws for cryptocurrencies as the market sees increased adoption from both institutional and retail crowds. Ministers support calls for crypto regulations As per a note published by the US Department of Treasury on Tuesday, Secretary Steven T. Mnuchin met with the financial heads […]

In my time analyzing Ethereum addresses over the past few weeks, I’ve noticed an interesting trend: prominent funds such as Polychain Capital and prominent figures such as Andre Cronje, founder of Yearn.finance, regularly receive random coins from Uniswap. The screenshot below, for instance, shows Cronje’s wallet as of today. It has seen regular inflows of […]

MicroStrategy has quickly become one of Bitcoin’s biggest supporters in the world of traditional firms and institutions. The business services and analytics company, based in the Eastern U.S., shocked the world when it invested $250 million from its balance sheet into BTC. This took many by surprise for three reasons: This was the first time […]

Bitcoin funds focused on the digital asset and other large-cap cryptocurrencies are seeing record inflows this year amidst rising inflation concerns and a bleak macroeconomic outlook. As per a report by international news outlet Reuters, institutional investors purchased over $429 million worth of cryptocurrencies via various funds and products for the week ended Dec. 7, […]

Aaron Wright, a professor at Cardozo School of Law, believes Ethereum could “eat” Wall Street in the next 10 years. The professor outlined three key reasons why Ethereum could compete against the traditional financial sector. They are decentralized autonomous organizations (DAOs), non-fungible tokens (NFTs), and personal tokens. Why Ethereum could rapidly evolve in the upcoming […]

There are some exciting things going on in the crypto start-up space. With cryptocurrencies like Bitcoin gaining traction around the world, and with blockchains like Ethereum gaining greater usage, start-up founders are seeing new opportunities to innovate. These start-ups are creating new currencies, digitizing and tokenizing assets like real estate and contracts, tackling the remittance […]

All eyes have been on Bitcoin over the past few weeks. Just last week, the coin set a new all-time high on most top exchanges, reaching $19,950 on spot platforms and even surmounting $20,000 in the CME’s Bitcoin futures market. Further, the coin has seen an influx of institutional support from some of Wall Street’s […]

Bitcoin has undergone an extremely strong rally since the March low of $3,500. At the recent all-time highs of $19,950, the coin was up around 470 percent from its March lows. It is the best-performing macro asset since mid-March, unless you count Ethereum. Still, analysts think that Bitcoin has further to rally in the months […]