News

Since charging onto the crypto scene late last year, MicroStrategy CEO Michael Saylor has become something of a Bitcoin poster boy. MicroStrategy became the first public listed company to hold Bitcoin as part of its treasury policy. At the time, the move was met with trepidation from a number of the firm’s shareholders. They questioned […]

Bitcoin faced a strong dip last weekend and early this week. The cryptocurrency fell from the $42,000 highs set late last week to lows at $30,000 on some spot exchanges. During the move lower, there was a large ejection of leveraged traders. As CryptoSlate reported previously, in excess of $2.8 billion worth of cryptocurrency market […]

THORChain (RUNE) is surging higher today after the cryptocurrency joined hands with SushiSwap. THORChain is a cross-chain liquidity protocol that allows investors to trade cryptocurrencies across chains. RUNE is the protocol’s native token. RUNE surges after SushiSwap listing RUNE has surged 35 percent in the past 24 hours in spite of the fact that Bitcoin […]

It’s new beginnings for Jorge Izquierdo, who would continue to be involved with Aragon albeit at a community level. Aragon governance: Gone the other way Jorge Izquierdo, the co-founder of the internet community and governance protocol Aragon, announced he was stepping down from the protocol he helped build to be worth over $132 million as […]

The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies. Bad for Wall Street, Good for Bitcoin Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, as per a Reuters report on Tuesday that cited two sources familiar with the matter. […]

On January 12, the day the price of Bitcoin dropped from $41,000 to $30,500, over $2.5 billion worth of futures contracts were liquidated. The derivatives market, which was extremely overleveraged and overcrowded, saw a massive reset. Following the shakeout, a pseudonymous trader known as “Byzantine General” said that there is a chance the “bottom” is […]

You don’t want to be Stefan Thomas, the owner of 7,002 Bitcoin, right now. What to do? An American computer scientist is sitting on a fortune of $220 million worth of Bitcoin, as per a report in the New York Times this week. The catch? He can’t access it. Stefan Thomas, the scientist, safeguarded his […]

CryptoSlate recently had the opportunity to chat with Bobby Ong, the co-founder of CoinGecko. CoinGecko was established in April 2014 and is the largest independent cryptoasset data aggregator in the world. Bobby is a contributing author in two digital currencies books – Handbook of Digital Currency, 1st Edition and Handbook of Blockchain, Digital Finance, and Inclusion, […]

Bitcoin bounces at $30k support to allay fears of a complete capitulation. Nonetheless, the 30% drop from last Friday’s high was a real wake-up call for investors. More so for the over-leveraged longs who, to their detriment, chose to ignore the warning signs. As much as recent weeks have been a boon for hodlers, yesterday’s […]

Both Bitcoin and Ethereum have seen large retracements since their recent highs of $42,000 and $1,350, respectively. BTC currently trades for $35,000 while ETH has settled in the $1,075 range. Some cryptocurrencies have been largely unfazed by this drop, though. One such coin is Avalanche (AVAX). The cryptocurrency has gained 130 percent in the past […]