News

On-chain metrics reveal that the top three cryptocurrencies by market cap—Bitcoin, Ethereum, and XRP—are bound for a bullish impulse, despite the significant gains posted recently. Bitcoin’s holders are becoming optimistic Bitcoin is back above the $7,000 mark as it approaches the “optimism” zone based on Glassnode’s Net Unrealized Profit/Loss (NUPL) indicator. Historical data reveals that […]

Over the past few days, there’s been a strong increase in discussion about China’s national crypto project. As reported by CryptoSlate, it began with a leaked screenshot that depicted an application branded with the logos of the Agricultural Bank of China (ABC) — one of the nation’s “Big Four” banks, which is coincidentally state-owned. The […]

After weeks and weeks of promises, the past few days have seen millions of tax-paying Americans receive their $1,200 (or less if you’re a high-income earner) tax-free checks from the U.S. government. Due to the fact that over 22 million Americans have lost their jobs over the past month due to the COVID-19 outbreak, much […]

Akoin, the cryptocurrency project created by global music star Akon, has secured a deal to become the main currency of the $2 billion technology city in Western Kenya. The Mwale Medical and Technology City (MMTC) is home to over 35,000 people and thousands of businesses, all of which will be using Akon’s Stellar-based cryptocurrency, the […]

Bitcoin’s value proposition, according to many of its investors, is cut and dried: as they say, it’s a scarce, decentralized, borderless, and digital form of money for the world. The value propositions of other cryptocurrencies, however, is a bit more muddied. A case in point of this conundrum is as follows: some say that while […]

Eterna and Borderless Capital are joining forces to launch a new initiative that is intended to support developers and entrepreneurs who want to build their decentralized applications on top of the Algorand protocol. Dubbed Eterna Borderless Venture Studio, it is set to provide a range of tools and resources to those interested in creating or […]

The Bitcoin price action seen throughout 2020 has done little to offer investors insight into its macro outlook, with its intense rise in January and February kindling optimism before this was shattered during the capitulatory decline seen on March 12th – a day that will live in infamy as “Black Thursday.” One key indicator may […]

Stablecoins account for a rapidly growing sector of the crypto industry and have viewed by many industry-advocates as tools that will ultimately help bridge mainstream finance with the nascent and highly volatile crypto market. The adoption of these tokens, however, has been met with multiple roadblocks, with notable projects including Facebook’s Libra initiative facing multiple […]

A survey jointly conducted by Crypto.com and The Economist examined the general population’s opinion of cryptocurrencies, finding that 24 percent of respondents believed the main use for cryptocurrencies was “short-term investment.” However, over half of the respondents said they would trust a digital currency issued by their country’s central bank. Survey shows society becoming increasingly […]

Even after the recent tepid price action Bitcoin remains 86 percent above its $3,700 lows set in March’s “Black Thursday” crash. Instead of deterring late arrivals, this strong rally has seemingly convinced many retail traders that Bitcoin’s rally is far from complete. Case in point: a confluence of data sources indicates that demand for cryptocurrencies […]