News

Ever since Bitcoin’s capitulatory drop to lows of $3,800 seen in mid-March, investors and analysts alike have all been attentively watching for signs that these lows will ultimately mark a long-term bottom. The benchmark cryptocurrency’s strong rebound from these lows has certainly been a positive sign that bolsters the theory that BTC won’t dip below […]

StormX, a gamified microtask platform that allows users to earn cryptocurrencies, has announced the launch of its rewards program. In a press release shared with CryptoSlate, the company said that STORM token holders will be able to earn up to 87.5 percent back on their purchases, alongside a 21 percent cash back when buying from […]

Some say the timing was coincidental, but Bitcoin and the entire crypto ecosystem was born seemingly in response to the issues in traditional finance exposed by the 2008’s Great Recession, during which banks holding billions of dollars started to collapse. Case in point: in the first-ever block of the network, its pseudonymous creator Satoshi Nakamoto […]

The rapidly spreading Coronavirus has sent far-reaching shockwaves around the globe, creating a ripple effect that has led to a mass cancellation and postponement of highly anticipated crypto conferences. This has led to an “adapt or die” dilemma for many of these conferences, forcing them to turn to alternative digital means of communication in order […]

Considering Bitcoin fell by nearly 50 percent during a single day in March, it may be easy to assume that interest in the cryptocurrency market is low; this would make sense, for a multi-billion-dollar asset to lose half of its value within a day would normally send consumers running for the hills. But interestingly, data […]

Bitcoin saw a notable price surge late-last week that allowed it to surmount the resistance it was facing at $7,000 and run to highs of $7,300, which is the point at which it lost its momentum and incurred a notable rejection. Although this movement proved to be fleeting, data seems to elucidate an interesting trend, […]

Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors. Some of the defendants include notable exchanges such as Binance, Bitmex, and KuCoin, as well as prominent blockchain and crypto companies like TRON, Block.one, and […]

The events occurring throughout the early-part of 2020 have rattled the global economy, with mounting COVID-19 infection rates and soaring unemployment damaging all major markets – ranging from stocks and commodities to cryptocurrencies like Bitcoin. The actions taken by central banks across the globe – but especially those by the U.S. Federal Reserve – have […]

There’s no doubt that Ethereum is an integral piece of the crypto market, with the massive amount of Dapps and platforms being built upon its blockchain accounting for important infrastructure within the industry. Ethereum’s importance has only increased in recent times alongside the growing Decentralized Finance (DeFi) trend that has swept through the industry, attracting […]

Many tout Bitcoin and cryptocurrency for their uncorrelated natures, their ability to simply not care what the rest of the world is doing. But, this is seemingly not true; reports indicate that a number of crypto companies have begun to lay off staff or have paused their hiring processes most likely in response to the […]