News

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 […]

A new phase for Shelley is about to begin, as the testnet for Cardano’s staking era will be open to all stake pool operators on June 9. As of May, the “friends and family” testnet was open only to a select group of about 50 stake pool operators who were set to pave the way […]

The Norwegian Court of Appeals has dismissed Craig Wright’s appeal against the decision made in January, which stated that Norway had jurisdiction against his case with Hodlonaut. Wright sued the anonymous Twitter analyst for defamation last year, but the case got dismissed in a U.K. court due to a lack of jurisdiction.  Norwegian court rules […]

In 2018 and 2019, cryptocurrency investors were almost solely focused on Bitcoin. As reported by CryptoSlate previously, a prominent industry data analyst noted that Bitcoin has rallied around 150 percent since Dec. 30, 2018, while the median performance of the top 200 altcoins has actually been negative over that same time frame. With this in […]

The Grayscale Bitcoin Trust has seen massive adoption rates in recent times, as it provides retail investors with a way to add Bitcoin exposure to their portfolio through a traditional brokerage account. This fund caters to multiple investor bases, including non-tech savvy investors who may be intimidated by cryptocurrency exchanges, investors looking to add BTC […]

Weeks after Bitcoin’s now-concluded halving event, data collated by on-chain analytics firm Glassnode shows “weaker” miners might have sold all their digital holdings. Meanwhile, larger, more established players continue to hold their rewards and are presumably adding to their BTC stash each week. Strong miners HODL As per Glassnode’s Miner Outflow Multiple (MOM) for Bitcoin, […]