The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data from ultrasound.money. In the 540 days since The Merge, 1,509,991 ETH has been burned while the network has issued 1,092,578 new ETH, resulting in a net decrease. As of press The post Ethereum saves $21B compared to PoW as supply contracts by 417K ETH since Merge appeared first on CryptoSlate.

One of the more underappreciated aspects of the rise of spot Bitcoin ETFs in the US is the renewed perceived affordability of Bitcoin among new investors. While 1 BTC still equals 1 BTC, investors purchasing shares in Bitcoin ETFs like IBIT, ARKB, BRRR, EZBC, and BITB can do so for under $50 per share. While The post Bitcoin ETFs are cheap or ‘How unit bias can extend bullish movement’ appeared first on CryptoSlate.

The highly contentious COPA vs. Wright trial took a dramatic turn today as Craig Wright faced accusations of manipulating key evidence to support his claim of being Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Reporting via the court live stream, CryptoSlate tuned in to hear Wright’s testimony in what is likely to be his final appearance. The day’s The post Craig Wright claims coincidence in timing of spoofed emails as DNS records altered yesterday appeared first on CryptoSlate.

Core Blockchain development company ARAX and bond issuer Longevity Capital Company (LCC) have partnered to introduce a blockchain-based solution for the life insurance settlement investment sector. Aiming to redefine the life settlement bond market, ARAX and LCC have unveiled a collaboration that has led to the creation of a tokenized fractional life settlement bond platform, The post Outdated life insurance settlement model gets a Core blockchain makeover appeared first on CryptoSlate.

On a monumental day for Bitcoin, where it opened at $56,900, the flagship digital asset has officially exited the bear market according to the Bitcoin Power Law model. After surpassing $61,000, it has now reached the ‘fair price’ of $61,594, aligning with the projected power law price. First posited by Giovanni Santostasi, the Bitcoin Power The post At $61,594 Bitcoin is at fair market price according to the power law model appeared first on CryptoSlate.