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Even after the five percent drop that took place on Wednesday morning, Bitcoin remains far above the lows of September and early October. The coin currently trades for $13,200; at the lows of September, BTC was changing hands for $9,800. Analysts believe that this price action is a clear byproduct of a brewing “sell-side liquidity […]

Ripple CEO Brad Garlinghouse is not convinced with crypto exchange Coinbase’s decision to take an apolitical stance within the workspace, he said in a recent interview with CNBC. Tech firms have an “obligation” Coinbase CEO Brian Amstrong caused ripples (pun unintended) earlier this year after stating the firm was an apolitical organization and did not […]

The Bitcoin NVT Ratio is at an all-time high, which indicates that the blockchain network activity is supplementing the price. The metric shows the ongoing rally of BTC is organic, led by genuine retail and institutional demand. Bitcoin’s NVT is calculated by dividing its market cap by the sum of capital moved daily on the […]

Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday. Mastercard processes billions of dollars in daily transactions around the world and is present in over 110 countries. The firm does provide fiat on-ramps […]

Shortly after Yearn.finance’s YFI coin launched in July, changing the Ethereum DeFi world forever, the pseudonymous Crypto Twitter personality “Blue Kirby” began to popularize the “1 YFI = 1 BTC” meme. The theory was that the price of one YFI would hit the price of Bitcoin, then around $11,000. After weeks of upward price action, […]

Decentralized finance (DeFi) protocols have attracted billions of dollars worth of crypto capital this year alone, with investors oft-punting on projects that promise sky-high yields and other avenues that promise returns. Read our latest deep dive into the biggest trends in decentralized finance. https://t.co/9HYSZEg2Hh — ConsenSys (@Consensys) October 27, 2020 However, the enticing profits could […]

Ethereum has been severely underperforming Bitcoin throughout the past few days and weeks, with the second-largest cryptocurrency by market capitalization currently trading far below its yearly highs. Meanwhile, Bitcoin’s price is currently trading at the highest price seen in well over a year, with bulls vying to break the $13,800 level and bring the crypto […]

JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development. JPM’s stablecoin makes an appearance Takis Georgakopoulos, the bank’s global head of wholesale payments, confirmed in a note […]

Bitcoin is spiking higher once again as buyers continue to rush in. According to CryptoSlate market data, the price of Bitcoin currently trades for $13,680, its highest price this year, and a price just shy of 2019’s high at $14,000. Analysts are optimistic that Bitcoin will continue its rapid ascent in the near future due […]

Darknet marketplaces and their operators have been the focus of authorities since the last decade. But the rise of cryptocurrencies has seemingly borne well for such illicit online shops, with a recent CipherTrace report stating they have hit record highs (both number of shops and scams) in the past year. Crypto rise buoys darknet markets […]