News

A newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters. Bitcoin laws promote speculation Ryozo Himino, the regulator, cautioned the parliament over announcing new laws that ultimately promote cryptocurrency trading. He argued that doing so reduces […]

We sat down with Alex Batlin, founder and CEO of Trustology—an award-winning custodial wallet provider — to get his perspective on the decentralised finance (DeFi) sector, and why Trustology is in a prime position to facilitate institutional entry into the industry. With an extensive background in both banking and blockchain development—having previously worked at BNY […]

Although decentralized finance (DeFi) has been seeing consistently strong growth, the gains in this Ethereum market sector have somewhat subsided over recent weeks. The exponential gain opportunities that were epitomized with yearn.finance (YFI) and Ampleforth (AMPL) are seemingly few as the market has become crowded. Analysts, though, expect a secondary DeFi “frenzy” with the launch […]

Ethereum Classic (ETC), the fork or version of the Ethereum protocol that didn’t freeze the funds of the infamous DAO hack, has been under the spotlight over the past week. At the end of July and the start of August, there was some discussion of a 51% attack on the blockchain. a 51% attack is […]

JPMorgan made headlines earlier this year when they announced an initiative called JPM Coin – which is a crypto token that the bank can use to make instantaneous transfers between global parties. It now appears that banking giant Goldman Sachs is fearful of falling behind the competition if they don’t start adapting, as they may […]

In 2017, Coinbase’s influence over the crypto market was tremendous, with the exchange originally only offering access to select few crypto assets. As such, whenever they would list a new token, its price would provide investors with unprecedented returns. This was dubbed the “Coinbase effect,” although this phenomenon faded throughout late-2018 and 2019 when the […]

To the credit of Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, he called a Bitcoin breakout towards $13,000 when few expected it. In a report released Aug. 5, the analyst doubled down on the bullish sentiment he has been touting all year. The nine-page report, entitled “Bloomberg Crypto Outlook: Bitcoin Becoming Prudent,” outlined […]

CryptoSlate readers can now enjoy real-time, critical data for thousands of cryptocurrencies listed on our website — courtesy an addition of Coinpaprika’s API to our existing data providers. Coinpaprika’s API allows us to display real-time pricing information alongside our real-time trading tracker, as the image below shows. The move means faster price information, better analytics, […]

By most measures, Ethereum’s decentralized finance (DeFi) space is going parabolic. As reported by CryptoSlate previously, data from DeFi Pulse indicated that the amount of ETH locked in decentralized finance protocols has gained nearly 30 percent in the past 30 days. This means that there is now nearly four percent of all of the assets […]

Cryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange. In a press release shared with CryptoSlate, the Cardano Foundation said that trading will commence on Aug. 6 with initial support for ADA/BTC, ADA/USDT, and ADA/USD trading pairs. Users can now trade Cardano’s ADA on Bitfinex After successfully completing the Shelley hard fork at […]