News

Long touted as an alternative to fiat currencies without the volatility of digital assets like Bitcoin, stablecoins and related companies mushroomed in late-2018; with a lot of projects even getting venture funded. However, stablecoin markets may not be limited to trading and remain highly-centralized, onchain research firm CoinMetrics noted earlier this week. USDT is well […]

Coinbase is currently exploring the addition of 18 new digital assets, which include DeFi tokens such as Aave, Bancor, Ren, VeChain,  Aragon, and  DigiByte. The company said that its users could expect more announcements like this in the near future as most of the tokens it mentioned showed growth between 8 and 25 percent in […]

Despite a pandemic ravaging the world’s economies, data shows that there’s been a concerted effort amongst institutions to gain exposure to Bitcoin and cryptocurrency. CME Bitcoin call options outweigh put options 56:1 According to crypto derivatives publication Ecoinometrics, there has been a parabolic increase in call options that institutions hold via the CME’s institutional-centric Bitcoin […]

CryptoSlate recently had the opportunity to chat with Joel Edgerton, the COO of bitFlyer USA. Joel is currently the COO at bitFlyer USA, a global cryptocurrency exchange with offices in Tokyo, San Francisco, and Luxembourg. Joel leads the company’s expansion in the USA, developing a strong team with institutional and retail customer experience. He has […]

The ongoing COVID-19-pandemic has served as a defining point of modern financial markets. The U.S. and global indices are close to all-time highs, after an initial dip in March, even as virus casualties, global unrest, and unemployment linger on. To combat, some billionaire fund managers like Paul Tudor Jones have called out the instability in […]

Chainlink has been vying to incur further momentum as it hovers just slightly below its previously established all-time highs. The cryptocurrency’s ability to gain a firm foothold within the mid-$4.00 region has been an incredibly positive sign for its mid-term outlook, although its near-term trend will likely remain somewhat dependent on that of Bitcoin. It […]

Ethereum’s average transaction fees just rocketed overnight after one user spent millions of dollars in fees to send a tiny amount of ETH. After news spread regarding this mysterious transaction, community members began speculating as to what could be the reason behind this massive fee payment. Some speculated that it could be money laundering or […]

Two weeks ago, two Goldman Sachs executives came out strongly against Bitcoin in a client call. Slides leaked from that call showed that the individuals did not recommend the asset “on a strategic or tactical basis” due to the fact that the asset does not generate cash flow or earnings, does not provide diversification benefits, […]

Bitcoin options have turned out an unlikely choice of trading instrument in 2019-20. A feature of traditional markets, BTC options were a path towards the broader institutionalization of cryptocurrencies, specifically the trading side. Deribit, a Panama-based crypto derivatives platform founded in 2014, released a projection yesterday that pegged the chances of Bitcoin reaching its ATH […]

Aside from Bitcoin gaining a perfect storm of macro factors, one of the biggest narratives in the crypto market over the past few months has been decentralized finance (DeFi). The DeFi industry has seen vast amounts of investment while the number of users in blockchain-based finance products has shot up rapidly. Coins representing the industry […]