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Victims of the infamous Mt Gox hack in 2014 are set to receive a record 150,000 Bitcoin reimbursement in the coming months. But that may cause selling pressure as some might cash out their gains. A brief Mt. Gox story As a brief background, the Japan-based Mt. Gox was once the largest crypto exchange on […]

Despite relative resilience in the price of Bitcoin after the news of the U.S. CFTC charging BitMEX, leading Ethereum-based decentralized finance coins are being crushed as of this article’s writing. No coin shows this as well as SushiSwap’s SUSHI token, a governance token for the leading decentralized exchange. Top Ethereum-based coins crushed despite Bitcoin stability […]

The price of Yearn.finance’s governance token – YFI – has been plummeting as of late, with the sell-side pressure overwhelming the cryptocurrency’s bulls as it shatters multiple key support levels that were previously boosting its outlook. This has struck a blow to the community sentiment that has been so pivotal for incubating its growth, which […]

Despite Bitcoin trading far below its previous all-time high of $20,000, there are more prominent investors, celebrities, and politicians adopting the cryptocurrency than ever before. This much was made clear when Godfrey Bloom, a U.K. politician that is also an economist of the Austrian school, announced this week that he has purchased Bitcoin, adding to […]

Recent news regarding the U.S. Commodities and Futures Trading Commission’s crusade against the three co-founders of BitMEX has had grave implications for Bitcoin and the crypto market. Many investors now fear that this marks the start of a fresh round of regulatory scrutiny on the crypto industry from U.S. regulators, which could have far-reaching implications […]

Early in September, every Ethereum developer was launching tokens branded with a type of food. There was Pizza Finance, Tendies, Springroll Finance, and projects based on almost any food under the sun. It’s no secret that the market got quickly saturated. This resulted in a decline in the value of these tokens as many realized […]

Bitcoin, Ethereum, and altcoins have seen rapid growth this year. BTC in and of itself was up nearly 100 percent just weeks ago while certain altcoins have surged literally thousands of percent. This trajectory has made many analysts and fund managers in the space confident that cryptocurrencies will start nearing $1 trillion market capitalizations. As […]

While Ethereum has become much less congested than it was just weeks ago, transaction fees are still far from cheap. It may cost $10-20 to complete interactions with decentralized finance protocols such as Compound, MakerDAO, or Synthetix. That’s not enough to break the bank, of course, but it restricts many users from accessing these protocols and […]

Following the CFTC’s charge against BitMEX and its operators, the U.S. Department of Justice filed their own charges against the exchange’s four founders and executives for violating the Bank Secrecy Act. Immediately after the charges were brought, the crypto industry became ablaze with conspiracy theories about why the charges were brought now, with fake quotes […]

The crypto market has taken a beating throughout the past few days and weeks, with sellers taking full control over altcoins as Bitcoin oscillates within a relatively wide trading range between $10,200 and $11,200. This has created an air of uncertainty amongst investors, who are now fleeing what are referred to as “beta assets” in […]