According to data from Glassnode, Bitcoin‘s Over-The-Counter (OTC) holdings, an often-overlooked aspect of cryptocurrency trading, have surged to their highest level in the past year, with inflows consistently outpacing outflows since May 2023. Over-The-Counter (OTC) trading denotes the direct exchange of assets like Bitcoin between two parties, bypassing the traditional exchange. This off-exchange trading happens The post Bitcoin OTC desks see highest holdings in a year as inflows rise appeared first on CryptoSlate.

This article is the final part of a three-part series. We suggest reading parts one and two for context. As The Wall Street Journal highlighted in a recent article, Coinbase’s argument around their successful IPO presents a “novel” defense in court. As most of us are aware, when Coinbase went public, it had already listed several The post Op-ed: Why the SEC should stay away from crypto (Part III) appeared first on CryptoSlate.

In a significant step forward for the development of Zero-Knowledge (ZK) technology, an innovative field pertaining to privacy and security in digital transactions, zkSync has announced the launch of zkStack. Created by Matter Labs, zkSync launched in its current form in March 2023. It is a layer-2 scaling solution for Ethereum, using zk rollups, and The post zkSync launches zkStack as foundation for Zero Knowledge development appeared first on CryptoSlate.

In the face of Apple AppStore removal, the team behind Damus, a popular social media app built on top of Nostr, definitely calls for Apple to adopt censorship-resistant, peer-to-peer payment systems, and pledges to continue supporting their platform on Android, Web, and desktop versions. The recent move by Apple to remove Damus from the AppStore The post Damus calls for Apple to adopt p2p payments amid AppStore removal appeared first on CryptoSlate.

As Bitcoin surges amid a flurry of spot Bitcoin ETF applications from major institutional players, several altcoins have outperformed the leading cryptocurrency throughout June. (STX) experienced a staggering 72.3% gain in the last week, followed by (PEPE) and (CFX), posting 67.8% and 43.8% increases, respectively. While (ORD), (BCH), and (KDA) also experienced notable gains, ranging The post These 5 altcoins outperformed Bitcoin over the last 30 days appeared first on CryptoSlate.