Author: Oluwapelumi Adejumo

Report: Bitcoin (BTC) investment products declined in November | CryptoSlate

CryptoSlate

In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and  Solana have outshined those of Bitcoin ETPs, as they raked in better gains than the flagship digital asset. Read More

Bitcoin processes more dollar value than PayPal, could surpass Mastercard by 2026 | CryptoSlate

CryptoSlate

Market intelligence platform Blockdata has suggested in a new report Bitcoin could outstrip credit card giant Mastercard in the number of dollar transactions value processed. Bitcoin processes more dollar value than PayPal Just recently, Bitcoin overtook the giant payment tech Read More

Binance eyes “sovereign wealth funds” to battle regulatory troubles | CryptoSlate

CryptoSlate

The largest cryptocurrency exchange by trading volume, Binance, is planning to get funding from some global sovereign wealth funds for equity financing in its bid to improve its relationships with regulators around the world. Binance seeks funding from sovereign wealth Read More

Inside Square’s whitepaper for its Bitcoin decentralized exchange

CryptoSlate

In this year alone, the crypto adventure of the co-founder and CEO of Square and Twitter, Jack Dorsey, has been exhilarating. This time around, his payment-focused tech company, Square has released the white paper of its proposed decentralized Bitcoin exchange, Read More

Binance integrates Ethereum layer-2 protocol “Arbitrum” as scaling race heats up | CryptoSlate

CryptoSlate

Binance, in its latest effort to maintain its lead as the largest crypto exchange by trading volume, became one of the first centralized exchanges to integrate a layer-2 support for its Ethereum deposits by integrating the recently launched Arbitrum One Read More

Over $18.24 billion transacted on Cardano in a single day last week | CryptoSlate

CryptoSlate

Cardano’s silent rivalry with Ethereum seems to be gaining traction as the on-chain transaction volume seen on its blockchain almost doubles that of the network of the second largest crypto asset by market cap. Cardano’s on-chain transaction volume behind only Read More

China expels party official for supporting crypto mining firm | CryptoSlate

CryptoSlate

China has again demonstrated its anti-crypto position by relieving one of its officials from his position because he violated the country’s policies on digital assets. China sacks official for supporting “crypto mining”  According to the South China Morning Post, Xiao Read More

Here’s why the SEC rejected the much anticipated VanEck Bitcoin spot ETF | CryptoSlate

CryptoSlate

On November 12th, the United States’ Security and Exchange Commission (SEC) has again rejected VanEck’s Bitcoin spot ETF application citing a number of reasons including the need to protect investors from the volatile nature of the flagship digital asset. SEC Read More