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It’s been an explosive past few days for Ethereum. After altcoins based on that blockchain surged, ETH is taking over. According to CryptoSlate data, the second-largest cryptocurrency and largest altcoin has gained 35.31 percent in the past week, outpacing Bitcoin and a swath of other digital assets. In the past day alone, ETH has gained […]

YFI, the governance token of Yearn.finance, is the fastest DeFi growth story in the history of cryptocurrencies. Within a week, the token accomplished more than what most cryptocurrencies fail to achieve in years. Astronomical gains are easy when you start from zero YFI’s price appreciated by more than 100,000% in the process while offering yield […]

Ethereum’s surge to over $300 on Saturday created the most profits for holders in over two years; if on-chain data is considered. Profits hit a local high Analytics firm Glassnode said today that 71.72 percent of tracked ETH wallets are now “in profit.” This breaks the previous high of 68.17 percent seen a day ago […]

After a prolonged period of sideways trading, Bitcoin’s volatility is starting to return to normal levels, with the cryptocurrency now venturing towards the top of its macro trading range. Overnight, buyers were able to send BTC’s price flying past the five-figure price region, although it faced a firm rejection at $10,200 that caused its price […]

Digital currencies might play an important role in the years ahead, particularly as global economies recover from the ill-effects of the ongoing pandemic. Countries like China are already taking steps in this regard: the nation has unveiled blockchain technology and digital currencies as a significant part of its economic goals for this decade, with South […]

After a parabolic rally, the Ethereum decentralized finance (DeFi) market experienced a blow-off top over the past week. As reported by CryptoSlate previously, many of the top players, such as Chainlink (LINK), Synthetix Network Token (SNX), and Kyber Network (KNC), are down greatly since local highs. With this recent price action, the question of if the DeFi […]

CryptoSlate recently sat down with Ethan Vera, the CFO of Luxor Mining Pool and a former investment banker at Goldman Sachs. At Goldman Sachs, he worked on the firm’s blockchain team. We talked about a number of subjects, including Bitcoin mining centralization, how money printing affects cryptocurrency, and why the much-fabled BTC mining “death spiral” […]

Financial market data from South Korean banks will now feature on Chainlink’s decentralized oracles services, as announced at an event in Seoul on Friday. Hyperledger-based CenterPrime — which has access to the APIs of top Korean banks —will now share its data feeds on Chainlink. As a result, app developers can now source their information […]

Cardano’s price just set a fresh 2020 high. Today’s sharp climb comes shortly after the Shelley mainnet transition process was launched, with ADA investors taking this as a “buy the news” opportunity. The cryptocurrency is now pushing up against some substantial resistance, but the technical significance of this latest movement does indicate that further upside […]

Love them or hate them, some of Bitcoin’s biggest forks still have a market capitalization in the hundreds of millions or even billions. CryptoSlate data depicts this trend well: Bitcoin Cash has a market capitalization of $4.45 billion. Bitcoin Satoshi Vision has a market capitalization of $3.38 billion. Litecoin has a market capitalization of $3.05 […]