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The number of Bitcoins held on centralized exchanges has dropped to the lowest level since 2018, according to information from Glassnode. The post Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018 appeared first on CryptoSlate.

Since April, the cryptocurrency market has been in a severe downturn.  Bitcoin is down by 70% from all-time highs, while Ethereum is down 80%. The post How to find opportunities in a bear market appeared first on CryptoSlate.

The National Hockey League on Thursday announced its partnership with NFT Marketplace Sweet. The post NHL enters the NFT space partnering with Marketplace Sweet appeared first on CryptoSlate.

Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool. The post What Lido staking dominance may mean for Ethereum’s future appeared first on CryptoSlate.

The volatility that has become synonymous with the crypto industry hasn’t deterred institutions from participating in it, as hedge funds investing in crypto are at an all-time high, according to PwC’s 2022 Global Crypto Hedge Fund Report. The post Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi appeared first on CryptoSlate.

Goldman Sachs is allegedly shopping around for investors to form a web3 fund to purchase Celsius assets. The post Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy appeared first on CryptoSlate.

Lido community members have begun debating whether the staking service provider should limit its share of staked Ethereum because of the systemic centralization risk this poses to the blockchain network. The post Lido community debates limiting staked Ethereum as centralization concerns grow appeared first on CryptoSlate.

As recently as last year, Singapore was positioning itself to become a global crypto hub. The post Singapore’s changed stance on crypto appeared first on CryptoSlate.

Most celebrities who bought and displayed NFTs as social media avatars are now removing them amid the harsh crypto winter, which has led to a downturn in NFTs as well. The post A-list celebs remove NFT avatars amid crypto winter appeared first on CryptoSlate.

Electricity consumption on some of the biggest crypto networks dropped by as much as 50%, as depressed token prices forced miners to shut shop, according to the Guardian. The post Crypto downturn sees electricity consumption on Ethereum plunge by 50% appeared first on CryptoSlate.