News

South Korea’s ICON, regarded by some as the country’s biggest cryptocurrency project, launched a significant update for its protocol earlier this week. The development marks an important step towards the project’s “hyperconnect the world” catchphrase. Interoperability benefits As detailed in a blog post, the Blockchain Transmission Protocol (BTP) enables interoperability between different blockchains, helping inter-project […]

Ethereum has found itself caught within an intense uptrend over the past day, with its overnight upswing invalidating the firm downtrend that the crypto has been caught within against its Bitcoin trading pair. It now appears that the cryptocurrency could be well-positioned to rally even higher in the near-term if it is able to break […]

Crypto assets have long had an ambiguous set of use cases. Some say that they’re good for replacing governments and financial institutions; others say that the sole purpose of cryptocurrency and their respective blockchains is to boost the profitability of corporations. Many of the proposed use cases have not come to fruition yet, but recent […]

Over the past few months and years, financial derivatives like options and futures have become increasingly important to crypto. As a result, the data these markets have shown more and more about which way traders are leaning. Case in point: Just recently, it was reported by a top options exchange that investors are starting to […]

Bitcoin futures have seen rising premiums throughout the past week, pointing to a large spike in demand for long-favoring positions amongst traders. Although this may bode well for the cryptocurrency’s short-term price trend as it flashes some subtle signs of strength, it is important to keep in mind that this premium can shift at any […]

Blockchain project FLETA recently announced an agreement with the software giant Oracle. The technical cooperation focuses on FLETA’s use of Oracle Cloud Infrastructure (OCI). The blockchain project plans to implement OCI to enhance the capabilities of the FLETA cloud server. In turn, a more robust FLETA cloud server will enable the blockchain’s mining nodes to […]

After a strong rally from $3,700 to $10,100 over the span of six weeks, the Bitcoin bull has proverbially been asleep over the past few weeks. Prices have slumped as low as $8,100 since the highs, falling on the “capitulation” of miners — one of the largest groups of BTC market participants. Even though Bitcoin’s […]

While ETH prices have remained in the proverbial dumps, the underlying Ethereum blockchain has seen a flurry of activity and development of recent months. The jury is still out on how these trends will affect the asset in the long run, but a top analyst says it would be unwise to ignore what is going […]

The past few months have seen Coinbase throw millions of dollars at supporting the budding decentralized finance (DeFi) ecosystem based on Ethereum. As reported by CryptoSlate in December, a product manager at the company, Jacob Horne said: “DeFi, or decentralized finance, is an essential part of an open financial system. DeFi tools are censorship-resistant, unbiased, programmable, […]

China’s secretive stance on digital currencies is starting to reveal traces of long-term aspirations. On one hand, the country does not allow any form of crypto-trading, even calling for the shut down of the Bitcoin mining business in a province earlier this month. But a recent development indicates cryptocurrencies may be on China’s radar all […]