News

Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. During that time, two altcoins managed to break the mold, rallying as the rest of the cryptocurrency market stagnated: Tezos (XTZ) and Chainlink (LINK), the […]

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region. The subscription industry could […]

Craig Wright, the self-proclaimed creator of Bitcoin and BSV pioneer, claims that the future of Bitcoin lies in big data centers as it was never envisioned as a payment system that works outside of the law. In his latest blog post, Wright explained that the network should be controlled and secured by a small number […]

Bitcoin’s recent price rise is attributed to the much-awaited halving event on May 12, but one metric suggests a sell-off is due if past samples are considered.  Metric close to previous levels but not “holy grail” On-chain analytics provider Skew noted Bitcoin’s implied volatility indicator neared previous  “sell-off” zones — specific instances where certain levels […]

Bitcoin mining operations in China will receive a boost as a local government is encouraging these industry players to help consume the city’s excessive hydropower. Cheaper electricity for crypto miners Bitcoin miners are widely considered as the backbone of the entire Bitcoin network. These specialized computers are collectively responsible for solving complex mathematical equations. Subsequently, […]

Demand for Bitcoin has been skyrocketing in recent times, with this newfound excitement from investors coming mere weeks before the benchmark cryptocurrency undergoes its highly anticipated mining rewards halving event. The short-term implications of the halving on Bitcoin’s price are debatable, but it is an undoubtedly bullish event from a long-term perspective as it reduces […]

The crypto market has been caught in the throes of a firm uptrend in the time following the capitulatory downtrend seen in mid-March that erased virtually all the gains incurred throughout the early part of the year. The rebound from these lows, however, has allowed most major cryptos to recapture some of the gains from […]

Stellar Lumens has managed to decouple from the rest of the cryptocurrency market over the past few hours. The bullish momentum pushed the price of this cryptocurrency up over 15 percent. XLM rose from trading at a low of $0.062 to recently hit a high of $0.071. Meanwhile, Bitcoin has remained stagnant mostly trading within […]

The world’s largest cryptocurrency exchange by trading volume, Binance, announced the official launch of its mining pool service. Dubbed Binance Pool, it will offer support for both Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining mechanisms. But, it will kick off with Bitcoin mining services only. The new mining pool will also provide miners with a wide range […]

Hong Kong-based cryptocurrency exchange Bitfinex announced the introduction a new platform that enables its users to interact with each other. Dubbed Bitfinex Pulse, it is set to meet customers’ demand for a social network tailored towards traders and crypto enthusiasts alike. Paolo Ardoino, CTO at Bitfinex, affirmed that after the success that the public leaderboard […]