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Cryptocurrency firms advertising to U.K. citizens will be governed by legal regulations for marketing their products, as per Her’s Majesty Treasury announcement Monday. Crypto ads to be scrutinized  The HM Treasury is weighing a proposal for “better” consumer protection for users of cryptocurrencies and similar products. Documents obtained by CryptoSlate show city minister John Glen […]

Unlike normal, the crypto spotlight has been focused on Ethereum’s budding decentralized finance (DeFi) ecosystem over the past few weeks, not on Bitcoin. This is for good reason: as CryptoSlate data indicates, countless Ethereum-based altcoins related to this cryptocurrency sector have surged as BTC has stagnated. In the past week alone, the DeFi sector has […]

A new report jointly-published by eToro and The TIE laid out their research on the cryptocurrency landscape for Q2 of 2020. Among the main takeaways is the booming use of stablecoins, the rise of DeFi, and why Bitcoin is not a “risk-off” asset yet. eToro is a global financial services firm that is one of […]

Like Bitcoin, Ethereum’s price has flatlined over recent weeks. According to CryptoSlate data, the leading cryptocurrency has traded between $215 and $250 for the past seven or eight weeks, barely deviating from that range. Even still, the asset is up by around 180 percent since the March capitulation lows. Analysts say that the asset is primed […]

The stablecoin sector has been seeing tremendous growth throughout the past year. This has led Tether’s daily transaction value to nearly flip that of Bitcoin. The growth this fragment of the crypto market has seen is rooted in the global flight towards the U.S. Dollar – which is widely considered a “safe-haven” currency – as […]

Bitcoin’s multi-month consolidation phase is narrowing as the cryptocurrency now trades between $9,100 and $9,200. The incredibly low volatility that has come about as a result of this has only been seen a handful of times throughout its history and suggests that a major movement is looming on the horizon. That being said, one important […]

Accredited investors in Hong Kong are facing scrutiny from wealth managers and banks globally — the latter searching for investor ties to a pro-democracy narrative. Coinbase CEO Brian Armstrong called the above an example of why “open finance” was required in today’s environment. “Politically exposed” One year after Hong Kong demonstrators led rallies against an […]

Japan’s central bank — the Bank of Japan (BoJ) — confirmed Monday it has created a new division to research and study the issuance of digital currency. Colloquially the “digital yen,” the development follows days after Japanese parliament members called for increased participation for digital assets and CBDC research. Japan’s digital currency gets a home […]

While Bitcoin has yet to go entirely mainstream, it has been deemed one of the world’s most important innovations of the past two decades. After all, the launch of the cryptocurrency solved the reversibility of electronic payments and the duplication of digital money. In a world becoming increasingly digital and interconnected, Bitcoin is a pivotal […]

After the price of its native token LINK reached its all-time high last week, Chainlink has seen its on-chain metrics skyrocket. Data from crypto analytics company IntoTheBlock has shown that the number of large transactions on Chainlink has increased over 15 times in the past three months, matching the growth seen in the number of […]