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Bitcoin’s market capitalization has exploded higher by approximately $100,000,000,000— or $100 billion — over the past 30 days alone. The rally has caught many on the sidelines unaware: just two months ago, BTC was at $9,800, poised to collapse further, some analysts say, as the coin struggled at key support levels. Bitcoin was also facing […]

Bitcoin’s latest price slump wiped out over $100 million in value from MicroStrategy’s crypto portfolio. However, despite suffering devastating losses in the past 24 hours, the company is still up almost 50 percent the 38,250 BTC it bought this year, showing that there’s no place for weak hands in billion-dollar NASDAQ companies. A billion-dollar company […]

It’s the festive season and that time of the year where new deals, business offers, discounts, buy one get two free, and (err..and even scams?) offers light up internet buyers around the world. And this time…Bitcoin’s on offer too. Win Bitcoin! Financial tech firm and wallet player Revolut announced its Bitcoin Black Friday offering earlier […]

Bitcoin has faced a steep correction since Wednesday’s highs of $19,600, the highest the cryptocurrency has traded since the late 2017 highs. The coin currently trades for $17,200, though fell as low as $16,300 on some exchanges early Thursday morning. This correction wasn’t entirely unpredictable: as reported by CryptoSlate previously, the same trader that predicted […]

It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest. Bitcoin, Ethereum, and the rest of the crypto market spiked dramatically lower on Wednesday evening as buying pressure finally abated. The running theory is that due to it being Thanksgiving, the buying pressure that had come […]

Veterans will say it’s the same story in a different dress. Bitcoin has, historically, been met by regulatory “FUD” or the prospects of a ban whenever the asset’s prices go parabolic. This was last seen in 2017 when China said it would “ban Bitcoin,” causing a near 30% drop in prices then. A similar pattern […]

The Bitcoin futures funding rate has declined across major cryptocurrency exchanges in the past 48 hours. This shows that the derivatives market is getting less overheated and the rally can become more sustainable. What is the futures funding rate and why does it affect the Bitcoin price so much? The Bitcoin futures market employs a […]

The crypto market has developed massively since 2017 and 2018, with the introduction of complex derivatives products, regulation, and liquidity through prominent market makers like Jump Trading and Alameda. But the market is far from perfect: just recently, the price of Ethereum dropped under $500 on a leading futures exchange while ETH traded at $600 […]

Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum, it said in a release shared with CryptoSlate. When deployed to the mainnet, the bridge will open a gateway for simple, secure transfers of assets between Avalanche and […]

The last time the total market capitalization of cryptocurrencies surpassed $500 billion, in December 2017,  the industry had no idea a world-shattering crash was waiting just around the corner. And now, with Bitcoin nearing the coveted $20,000 point, the industry holds its breath once again as it prepares to leap into the unknown. But, this […]