News

Ethereum reached a major milestone today, with the cryptocurrency now boasting a total of 119.63 million unique wallet addresses. This in itself is a sign of tremendous growth amongst its user and investor base, and the fact that 40.32 million of these addresses actually hold an ETH balance is even more striking. Data shows that […]

Ripple’s On-Demand Liquidity (ODL) corridors have witnessed major growth and facilitated instant, cross-border fund transfers. The protocol saw triple the usual transaction volumes compared to last quarter, as stated in the Q1 2020 XRP Markets Report. Now, after extensive success in treasury payments, the San Francisco-based firm wants to cater to smaller-medium enterprises (SMEs), presumably […]

Institutional investors are still aggressively investing in Bitcoin in the third quarter of 2020, data from Grayscale shows. It follows six months of consistent capital inflow from institutions into the cryptocurrency market. The lead of billionaire fund manager Paul Tudor Jones is seemingly encouraging institutions to invest in Bitcoin as an alternative store of value. […]

Bitcoin has been moving to break its tight correlation with the traditional markets seen throughout the past few months. Although on shorter time frames it does appear to have fully decoupled from traditional assets like equities, it is important to note that BTC’s “V-shaped” recovery from its March lows is strikingly similar to that seen […]

SIBEX, the Swiss-based decentralized OTC trading software is increasing traction and volume from OTC traders all around the world since the platform went live in late April. Established in January 2019 and backed by financial industry heavyweights, SIBEX is the world’s first global OTC (Over the Counter) trading software. Based in Zug Switzerland and Hong […]

After an influx of positive fundamental catalysts pertaining to Cardano, the growth in the price of ADA has slowed over the past few days, with the asset consolidating around $0.085.  This is approximately a dozen percent below the local highs of $0.095. While some have seen the consolidation as a sign that the cryptocurrency is […]

Bitcoin miners are having a field day; if they are taking advantage of the negative adjusted difficulty, that is.  The network’s protocol jumped over the weekend to over 110 terahashes per second (Th/S) at of June 8, just 10 Th/S below its May 12 all-time high of 122 Th/S. Bitcoin’s difficulty fell 9 percent in […]

Ethereum is just months away from the first step towards its highly anticipated transition away from a Proof-of-Work (PoW) consensus model and towards Proof-of-Stake (PoS) in ETH 2.0. This transition is slated to take place at some point in Q3 of this year and will happen gradually. The first step will be a launch of […]

Even after rallying $1,000 in an hour last week, Bitcoin purportedly remains in a tight range, with no concrete trend. As Blockware Mining chief executive Matt D’Souza explained in a recent tweet: “What’s interesting is bitcoin has stayed in a range I call ‘purgatory’. 8k-11.5kish.” Bitcoin’s charts cement this sentiment. The cryptocurrency has traded in […]

Internal struggles at Bitmain, the biggest Bitcoin mining equipment maker in the world, are persisting. It is opening up the global crypto-mining industry to new entrants for the first time since 2014. Canaan, the other dominant Bitcoin mining equipment manufacturer listed on the Nasdaq, is also finding it challenging to uplift their operations. The stock […]