News

There’s now over $3 billion worth of crypto locked within the decentralized finance ecosystem. This marks a stunning 200 percent climb from what this number was just over a month ago, with this growth backing the strong uptrend seen by many DeFi-related tokens. It appears that a few primary factors are backing the growth this […]

There are some that don’t think highly of 4chan — the anonymous messaging board. If you look at news regarding the site, some of it isn’t the most flattering. But over recent years, 4chan has gained influence in the Bitcoin and crypto industry, with its business and finance board (“biz”) acting as a conduit for […]

Ethereum’s price action over the past several weeks has grown closely tied to that of Bitcoin. Although in recent times this has caused ETH to see a prolonged bout of sideways trading, it has ended up working in the cryptocurrency’s favor throughout the past day, as it has been able to dodge the downturn seen […]

Cryptocurrency firms advertising to U.K. citizens will be governed by legal regulations for marketing their products, as per Her’s Majesty Treasury announcement Monday. Crypto ads to be scrutinized  The HM Treasury is weighing a proposal for “better” consumer protection for users of cryptocurrencies and similar products. Documents obtained by CryptoSlate show city minister John Glen […]

Unlike normal, the crypto spotlight has been focused on Ethereum’s budding decentralized finance (DeFi) ecosystem over the past few weeks, not on Bitcoin. This is for good reason: as CryptoSlate data indicates, countless Ethereum-based altcoins related to this cryptocurrency sector have surged as BTC has stagnated. In the past week alone, the DeFi sector has […]

A new report jointly-published by eToro and The TIE laid out their research on the cryptocurrency landscape for Q2 of 2020. Among the main takeaways is the booming use of stablecoins, the rise of DeFi, and why Bitcoin is not a “risk-off” asset yet. eToro is a global financial services firm that is one of […]

Like Bitcoin, Ethereum’s price has flatlined over recent weeks. According to CryptoSlate data, the leading cryptocurrency has traded between $215 and $250 for the past seven or eight weeks, barely deviating from that range. Even still, the asset is up by around 180 percent since the March capitulation lows. Analysts say that the asset is primed […]

The stablecoin sector has been seeing tremendous growth throughout the past year. This has led Tether’s daily transaction value to nearly flip that of Bitcoin. The growth this fragment of the crypto market has seen is rooted in the global flight towards the U.S. Dollar – which is widely considered a “safe-haven” currency – as […]

Bitcoin’s multi-month consolidation phase is narrowing as the cryptocurrency now trades between $9,100 and $9,200. The incredibly low volatility that has come about as a result of this has only been seen a handful of times throughout its history and suggests that a major movement is looming on the horizon. That being said, one important […]

Accredited investors in Hong Kong are facing scrutiny from wealth managers and banks globally — the latter searching for investor ties to a pro-democracy narrative. Coinbase CEO Brian Armstrong called the above an example of why “open finance” was required in today’s environment. “Politically exposed” One year after Hong Kong demonstrators led rallies against an […]