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Binance, one of the world’s largest cryptocurrency exchanges, might be behind around a dozen stake pools on the Cardano network. The latest information from the Daedalus wallet shows that there are 18 stake pools whose metadata pages indicate that they may have been founded by the exchange. While some members of the Cardano community celebrated […]

Ethereum has faced a strong correction over the past few days as Bitcoin has slipped lower. As of this article’s writing, ETH trades for $370, around 7.5 percent below the $400 highs set just 36 hours ago. The cryptocurrency had trouble passing the key $400 resistance despite Bitcoin pushing to new year-to-date highs at $14,100 […]

Traders in the crypto market are increasingly betting on the outcome of the contested U.S. election. So far, the majority of bets are on Joe Biden, the Democratic candidate. Bitcoin is surging on the predicted outcome, as a blue sweep benefits the dominant cryptocurrency. The betting odds in the crypto prediction markets, primarily augur, are […]

Popular crypto asset management app 3Commas announced its successful raise of $3 million in a Series A financing round led by Alameda Research, as per a release shared with CryptoSlate. What is 3Commas? 3Commas is a non-custodial Order Management System (OMS) and crypto-asset management platform that offers a unified access point and interfaces with the […]

Changing policies and financial regulations in Hong Kong have now targeted the burgeoning crypto space.  As per a statement by the city’s securities watchdog on Tuesday, Hong Kong will now require all cryptocurrency trading platforms to be regulated whether or not they trade securities. Unregulated crypto exchanges may commit an “offense” As per Reuters that […]

A Bloomberg newsletter described Bitcoin as a “way of disintermediating the existing financial system.” It comes as the perception of BTC as a store of value is continuing to strengthen amidst rising institutional demand. Oh yeah, I'm bullish on Bitcoin now.https://t.co/ViCeAp2YCi pic.twitter.com/i15kDeU56j — Tracy Alloway (@tracyalloway) November 3, 2020 Tracy Alloway, a Bloomberg financial journalist […]

Bitcoin has finally begun to correct after a 25 percent rally in the span of two weeks. Altcoins are responding in kind, plunging against the U.S. dollar and against Bitcoin. One of the worst-performing digital assets of the past 24 hours is Chainlink (LINK). The leading altcoin, currently the fifth-largest crypto-asset by market capitalization, is […]

Following the OKEx founder’s arrest that resulted in over 200,000 BTC being caught in limbo due to him being the sole holder of the multi-sig withdraw keys, Bitcoin investors have been wary of holding their coins on centralized exchanges. Huobi – a Chinese-founded cryptocurrency exchange now based in Singapore – has recently been shrouded in […]

According to researchers at Santiment, Bitcoin has been in an “overbought territory.” Merely two hours after the report came out, BTC dropped 4 percent. Possibly due to the uncertainty around the U.S. election on November 4, the cryptocurrency market saw a steep pullback. As Bitcoin declined from $13,750 to $13,200, Ethereum and other major cryptocurrencies […]

Christine Lagarde — the former Managing Director of the International Monetary Fund and the current President of the European Central Bank (ECB) — invited public reactions and commentary on the topic of a potential Euro-backed digital currency via a Twitter post this weekend. Public opinions on the digital Euro  Lagarde’s comments on the possible CBDC, […]