• The U.S. Securities and Exchange Commission (SEC) has rejected VanEck’s proposal for a Bitcoin spot ETF. • Two SEC commissioners criticized the regulator’s decision, stating that it applies “uniquely burdensome” rules to crypto products. • The SEC has rejected multiple proposals for a Bitcoin spot ETF in 2021, 2022, and 2017, citing concerns over […]

• Bitcoin mining companies are exhibiting resilience amidst the recent market downturn, with some showing gains despite Bitcoin being down 4.5%. • Silvergate Capital’s liquidation on March 2-3 has resulted in a decrease of $51 billion in the crypto market cap. • Despite this, several mining stocks have seen positive returns including Iris Energy Limited […]

• Bitcoin (BTC) saw a realized loss of $200 million and a realized profit of $184 million on Feb. 9, following Kraken’s settlement with the SEC to end staking for U.S. customers. • The total net realized loss stands at $16.2 million, suggesting liquidations were the main driver of negative price action. • Net Realized […]

• NFTs accounted for 28% of the ETH gas usage in January. • The second, third, and fourth most significant shares of gas usage were Defi (8%), ERC20 (8%), and stablecoins (6%), respectively. • CryptoSlate analysts divided all transactions on the Ethereum (ETH) network into eight categories—Vanilla, ERC20, Stablecoins, DeFi, Bridges, NFTs, MEV Bots, and […]

• On-chain Bitcoin metrics suggest a bottoming of the market. • CryptoSlate revisited several Glassnode metrics which point to a price reversal. • Market Value to Realized Value (MVRV) further splits into Long-Term Holders and Short-Term Holders to indicate when the Bitcoin price is trading above or below fair value. Recent research into on-chain Bitcoin […]

• Former FTX CEO Sam Bankman-Fried (SBF) has released a Substack report detailing his account of what happened at FTX. • He claims that no funds were stolen and attributes the collapse of FTX to Alameda’s inability to hedge against a market crash adequately. • SBF believes that FTX can still recover with the right […]