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Bitcoin’s ongoing consolidation phase has been perpetuated by limited liquidity and cratering trading volume. This has caused the cryptocurrency to trade within the lower-region of its long-held trading range between $9,000 and $10,000. BTC’s lackluster price action has directed greater attention to the benchmark cryptocurrency’s smaller counterparts. Traders are now moving to capitalize on the […]

While Bitcoin and Ethereum have continued to stagnate, it is clear that the decentralized finance (DeFi) finance craze is alive and well. In a single day, two tokens in this segment of the cryptocurrency market launched. One launched over one thousand percent higher than its seed round price, and another gained around 5,000 percent in […]

Decentralized finance (DeFi) applications are driving growth in the cryptocurrency market in 2020. Some projects launched this year have posted both billion-dollar valuations (based on market cap), multi-digital user growth, and a rise in trading volumes. But one crypto-obsessed country is absent from the action — China. While being very stringent on cryptocurrencies, the country dominates […]

Bitcoin, Ethereum, and a number of other large cryptocurrencies have effectively flatlined over the past two to three months. The chart below from Josh Olszewicz, a crypto analyst, displays this well: per the Bollinger Bands, Bitcoin volatility is at lows not seen since November 2018. But according to Max Bronstein, part of the venture and […]

Cloudflare’s 1.1.1.1 DNS service saw a major outage yesterday that caused many websites to become unreachable, including multiple cryptocurrency exchanges and web-based Bitcoin wallets. During the roughly 25 minutes in which these sites saw outages, users speculated as to what could be behind the blackout. Some even theorized that this marked an infrastructure attack from […]

After months and years of development, Ethereum 2.0 is finally drawing close.  For those unaware, the upgrade will overhaul how the Ethereum blockchain works, using certain technologies to make it more efficient in terms of costs, power consumption, and speed. As Vitalik Buterin, founder of the cryptocurrency, explained in a March 2019 presentation in Hong […]

China’s regulatory approach to blockchain and cryptocurrencies is not going unnoticed, and it has caught the attention of Ripple CEO Brad Garlinghouse. Garlinghouse said China is ahead of the U.S. when it comes to the regulatory aspects of the disruptive sector. His comments come as the Far Eastern superpower has already begun trials of its […]

Ethereum transactions are seeing transactional activity last seen in 2018—when massive ICO activity dominated the network. Much of the activity can be attributed to the rise of DeFi and Layer-2 applications. Furthermore, wallet data suggests investors may be accumulating ETH ahead of the network’s upgrade to a staking mechanism. DeFi pushes Ethereum activity Data shows […]

Despite strong rallies in countless altcoins, the fourth-largest cryptocurrency XRP has yet to share in the gains. According to CryptoSlate data, the digital asset is approximately flat on the year. This may not sound like a bad thing, but contrast this with Bitcoin’s 20 percent gain or Ethereum 80 percent gain and you can see […]

The attack on Twitter that took place earlier this week has once again made Bitcoin a topic of mainstream discussion – but not for a good reason. A group of rogue hackers – who now appear to be a band of teenagers and 20 somethings who were just trying to make a quick buck, according […]