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Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse. During this consolidation phase, futures traders have been opening up a significant quantity of positions, signaling that they anticipate the benchmark crypto to make a […]

Even counting the recent bounce, Ethereum hasn’t performed well over the past week. After peaking at $440 last week, the price of the leading cryptocurrency has slipped around 10 percent lower. At the worst of the rally, the cryptocurrency tapped $380, but Ethereum now trades above $404 as buyers have stepped in across the crypto […]

Polkadot (DOT), a blockchain protocol founded by Ethereum co-creator Gavin Wood, achieved a $3.5 billion market capitalization. It comes merely six days after the protocol enabled DOT for transfers. At block number 1,248,328 on August 21st at approximately 16:40 UTC, DOT underwent a 100x split that would denominate the price of DOT 100x lower than […]

A focus of many decentralized finance projects as of late has been to achieve a state of on-chain governance, where decisions about the direction of the project are made in the purview of all token holders and the public. In a sense, this is true to the goals of crypto proponents, who want to decentralize […]

Coinbase CEO Brian Armstrong said tech giant Apple has “restrictive” policies towards the cryptocurrency sector, as per a tweet this weekend. Armstrong calls out Apple Armstrong called out Apple’s policies against cryptocurrencies and other applications on its AppStore. The firm has previously come under fire by other industry execs similarly for its opaque, time-consuming, and […]

Tech giant Google rescinded the license of a Philippines business running a scam involving Bitcoin and gift cards over the weekend, according to local reports. Bitcoin scam, busted A Cebu-based call center business, Sykes, was confirmed by Google to have its partnership license revoked after a few employees were caught running a gift card scheme […]

The recent narrative is that Bitcoin is now correlated with the price of gold. From a fundamental perspective, analysts say this makes sense; both BTC and the precious metal are extremely scarce assets that aren’t controlled by a central authority and can be ‘found’ by anyone with the right materials. A prominent cryptocurrency analyst, though, […]

Like the rest of the crypto market, coins pertaining to the decentralized finance space have faced a strong pullback over the past few days. Take Maker (MKR), for instance. CryptoSlate data indicates that the leading Ethereum-based coin has shed 9.5 percent in the past 24 hours. There are cryptocurrencies that are strongly outperforming the pack, […]

The Bitcoin bull run in 2020 has sent ripples (no puns) across the crypto space with market observers calling for the asset to eventually reach all-time highs later this year. And if one prominent firm is considered — the run is just getting started. Bitcoin “looks like 2016” Grayscale Investments, the institutional cryptocurrency fund, said […]

Ethereum DeFi fanatics on Uniswap, a decentralized exchange, have paid nearly $7 million in fees in the past month, as per data on Gas tracking site ETH Gas Station. $6.99 million in Ethereum fees The average GWEI, a unit of Gas, was around 125 with over 17,700 ETH spent by investors and users. Other DEXs, […]