News

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 […]

XRP has surged over 133% in the past week, and over 150% in the past month alone. But what’s driving up interest in the payments protocol? An upcoming airdrop seems to be the likely answer. Enter Flare Network and SPARK tokens Flare Network, a smart contract network, announced its airdrop to XRP holders earlier this […]

The price of Bitcoin has been hugely outperforming gold throughout November. While BTC is aiming for an all-time high as it hovers above $19,200, gold is declining. Since the November peak, the price of spot gold has declined by over 8%. In the same period, BTC has increased by more than 24%, demonstrating a parabolic […]

With a week left before the official November product update, Charles Hoskinson, the CEO of IOHK, took to YouTube to share a brief glimpse of what’s been accomplished at Cardano this month. Hoskinson said that the regular update will take place at the end of November, while a bigger, end-of-the-year update will happen on Dec. […]

Economists at the Federal Reserve Bank of New York suggest that privacy concerns at “Big Tech” firms like Facebook—which are developing their own digital currencies—could help position Central Bank Digital Currencies (CBDCs) as a better alternative. The economists, in their note, also stated that digital payment protocols and systems have bolstered this year as a […]