DeFi
Trading
Crypto OTC desks report “record” institutional selling after Bitcoin crossed $9,000
Ahead of Bitcoin’s upcoming halving on May 12, the cryptocurrency market is seeing a resurgence of sorts as most digital assets returned over 50…
Analysis
Ripple reveals only $1.75 million in OTC institutional sales but massive XRP trade volumes in 2020
Ripple Lab’s Q1 Markets Report for 2020, a quarterly publication detailing XRP’s growth, revealed a massive 90 percent drop in institutional token sales compared…
DeFi
DeFi posterchild MakerDAO reflects on $4 Million “Black Thursday” ETH losses
One month after the now-infamous $4 million liquidations, MakerDAO finally released the “Black Thursday” analysis report yesterday to mixed responses. The firm is considering…
Exchanges
After Bitcoin’s near 50 percent drop in March, exchanges lost institutional volume and reveal over 100,000 BTC withdrawals
Cryptocurrency exchanges and retail traders alike felt the effects of Bitcoin’s sudden fall in March 2020. While the latter may have lost significant capital…
Partnerships
Wanchain-backed FinNexus expands to XRP Ledger for tokenizing real-world assets
DeFi platform FinNexus and crypto exchange Bitrue announced on April 27 their joint initiative to incorporate asset tokenization services on Ripple’s XRP ledger platform…
Merge
Parity Developer confirms Ethereum 2.0 “Schlesi” multiclient testnet is live
Afri Schoeden, one of the lead developers at Parity Technologies, confirmed via Twitter on April 27 the important “Schlesi” multiclient testnet for Ethereum is…
BTC Halving
Ahead of halving, volatility metric shows Bitcoin is near recent “sell-off” levels
Bitcoin’s recent price rise is attributed to the much-awaited halving event on May 12, but one metric suggests a sell-off is due if past…
Merge
This multibillion dollar crypto fund purchased over $140 million worth of Ethereum in 2020
Grayscale Investments, the investment arm of Digital Currency Group, has picked up a majority of all ether mined in 2020. The metric indicates massive…
Exchanges
As Bakkt’s second CEO exits firm, questions rise about the hyped Bitcoin “catalyst”
Bakkt, the Intercontinental Exchange (ICE) crypto subsidiary, suffered its second high-profile executive exit last week after CEO Mike Blandina stepped down. While the rumored…
Mining
After Bitmain and Canaan, Bitcoin miner Ebang is latest to plan $100 million IPO
China-based Ebang Holdings has filed a $100 million IPO prospectus with the U.S. Securities and Exchange Commission (SEC), becoming the third Bitcoin mining equipment…
Mining
Does Bitcoin’s increasing hash rate correlate to BTC price?
Since its inception in 2009, Bitcoin’s price rise has been controversial across mainstream media. While most publications dismiss the virtual currency as highly volatile…
Adoption
China’s digital currency goes into play at McDonalds and Starbucks
China’s long-touted digital currency will soon start trials at three U.S. restaurant chains in Beijing, the SCMP reported on April 23, 2020. Alongside the…