News

JPMorgan made headlines earlier this year when they announced an initiative called JPM Coin – which is a crypto token that the bank can use to make instantaneous transfers between global parties. It now appears that banking giant Goldman Sachs is fearful of falling behind the competition if they don’t start adapting, as they may […]

In 2017, Coinbase’s influence over the crypto market was tremendous, with the exchange originally only offering access to select few crypto assets. As such, whenever they would list a new token, its price would provide investors with unprecedented returns. This was dubbed the “Coinbase effect,” although this phenomenon faded throughout late-2018 and 2019 when the […]

To the credit of Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, he called a Bitcoin breakout towards $13,000 when few expected it. In a report released Aug. 5, the analyst doubled down on the bullish sentiment he has been touting all year. The nine-page report, entitled “Bloomberg Crypto Outlook: Bitcoin Becoming Prudent,” outlined […]

CryptoSlate readers can now enjoy real-time, critical data for thousands of cryptocurrencies listed on our website — courtesy an addition of Coinpaprika’s API to our existing data providers. Coinpaprika’s API allows us to display real-time pricing information alongside our real-time trading tracker, as the image below shows. The move means faster price information, better analytics, […]

By most measures, Ethereum’s decentralized finance (DeFi) space is going parabolic. As reported by CryptoSlate previously, data from DeFi Pulse indicated that the amount of ETH locked in decentralized finance protocols has gained nearly 30 percent in the past 30 days. This means that there is now nearly four percent of all of the assets […]

Cryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange. In a press release shared with CryptoSlate, the Cardano Foundation said that trading will commence on Aug. 6 with initial support for ADA/BTC, ADA/USDT, and ADA/USD trading pairs. Users can now trade Cardano’s ADA on Bitfinex After successfully completing the Shelley hard fork at […]

US citizens seemed to be taking a liking to Bitcoin and other cryptocurrencies, two recent reports suggest. Yesterday, US bank JPMorgan said younger investors were “likely to choose Bitcoin” as an investment over gold while a report from last week stated Americans were investing their “excess” cash into cryptocurrencies. Both developments suggest the same outcome: […]

A big issue in the cryptocurrency community is the centralization of coins. On Aug. 5, just minutes before this article’s writing, Three Arrows Capital’s Kyle Davies plainly put that he is “very worried about crypto Gini coefficients.” A Gini coefficient is normally a metric used by supernational authorities to analyze the extent of wealth inequality […]

Band Protocol (BAND) has been seeing tremendous growth throughout the past few months, which has been reflected in its soaring price. The latest integration secured by the protocol is with blockchain platform Elrond, which will now be using Band oracles to provide data streams and scalability to the ecosystem. The goal of their partnership is […]

Crypto lending is back in vogue. Lending firm Genesis said in a report Tuesday its business saw record volumes this year, presumably as the DeFi market surged ahead and institutional demand for crypto increased. The firm said that in Q2 this year, its lending business added over $2.2 billion in originations, marking the largest quarter […]