News

The past few months have been the worst months for many economies around the world since the Great Depression. Dozens of millions have become unemployed, revenues have fallen off a cliff, and there is growing social unrest as different groups address the COVID-19 pandemic in different ways. Governments, as a result, have been forced to throw […]

This week, millions of dollars worth of Wrapped Bitcoin — the leading representation of BTC on the Ethereum blockchain — were deposited into decentralized stablecoin protocol MakerDAO to generate $4 million worth of the DAI stablecoin. According to MakerDAO founder Rune Christensen, this sole transaction is extremely bullish for Ethereum’s long-term value proposition, not just […]

Binance Research – the analytics division of cryptocurrency exchange Binance – is moving to reinvent their website, partnering with the Miami-based data visualization platform IntoTheBlock (ITB) to offer the crypto market with deep insights into on-chain data. News of the company’s decision to revamp its site comes less than two years since its launch in […]

Bitcoin’s options market is suggesting that there is a growing demand for put positions amongst traders. This is a sign that investors are moving to protect themselves from the cryptocurrency potentially seeing significant downside. Market markets, however, do not seem to be too concerned about the prospect of the benchmark cryptocurrency seeing further downside – […]

The new Cardano Explorer based on the updated Byron reboot infrastructure has just been launched. IOHK said that the new explorer is a significant step up from the original and is among the final steps that will lead to the Shelley mainnet. Users can now look at Cardano through a completely re-engineered blockchain explorer After […]

The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market. The state of commotion among investors and market participants alike appears to have been triggered by a 50 BTC transaction originating from a wallet that had not been touched in over a decade. As speculation mounted that the transaction […]

The cryptocurrency markets are not ones to be trifled with. Insane leverage, double-digit percentage fluctuations in a single session, and the promise of 100x returns on many-an-obscure altcoin lead the masses to throw capital in the market, hoping for “moon” returns at the least and a “Lambo” as the ultimate reward. But the market takes […]

The crypto market has seen some rather boring price action throughout the past several days, being led by Bitcoin’s consolidation phase within the upper-$9,000 region. News regarding a Satoshi-era wallet moving 50 BTC earlier today did rock the boat, however, leading the aggregated market to shed over $8 billion off of its capitalization. This volatility […]

Bitcoin’s price saw a sharp decline earlier today that came about close on the heels of news regarding a wallet from 2009 moving 50 BTC for the first time in a decade. Despite there being some initial speculation that the wallet may belong to the mysterious Bitcoin founder – Satoshi Nakamoto – data now reveals […]

Bitcoin’s sharp recovery from its meltdown in mid-March has revitalized its investor base, leading positive sentiment to flourish amongst market participants. This positivity is likely rooted in its bullish performance against a backdrop of global instability, with comments from legendary investors like Paul Tudor Jones further vindicating the cryptocurrency’s value. The benchmark cryptocurrency is now […]