News

With the deepening global crisis, no markets have been spared. The volatility of ‘black Thursday’ in March saw all markets nosedive from traditional stocks to Crypto. DeFi was particularly hit with more than $8mn of Maker loans liquidated as the price of ETH plummeted by 50 percent. Yet, experts in the space not only believe […]

Chainlink has seen a notable recovery in the time following its latest selloff, with the cryptocurrency’s buyers defending it from dropping below the strong support that has been established around $3.50. It just so happens that this level coincides with a critical technical support level that was briefly tapped during the course of this latest […]

Bitcoin is ticking up once again as the chatter about the upcoming halving skyrockets across social media platforms and news outlets. Social metrics about Bitcoin’s halving explode Bitcoin is back above $8,000 fully erasing all the losses incurred during Black Thursday. The bullish momentum appears to be fuelled by the high expectations that market participants […]

Early last year, a Bitcoin analyst going by the moniker of “PlanB” released an article titled “Modeling Bitcoin’s Value with Scarcity” to Medium. At the time of the article’s publishing, few knew who PlanB was, and few knew what he was working on. But in that article, PlanB — later revealed to be a European […]

It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss against USD last year while failing to catch the full momentum seen by its peers in the early part of 2020. This price action has been driven by a plethora of […]

Afri Schoeden, one of the lead developers at Parity Technologies, confirmed via Twitter on April 27 the important “Schlesi” multiclient testnet for Ethereum is now running. An important step towards 2.0 The update marks a move closer to Ethereum’s much-awaited 2.0 protocol, implemented to move the cryptocurrency away from a Proof-of-Work to Proof-of-Stake consensus design. […]

Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. During that time, two altcoins managed to break the mold, rallying as the rest of the cryptocurrency market stagnated: Tezos (XTZ) and Chainlink (LINK), the […]

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region. The subscription industry could […]

Craig Wright, the self-proclaimed creator of Bitcoin and BSV pioneer, claims that the future of Bitcoin lies in big data centers as it was never envisioned as a payment system that works outside of the law. In his latest blog post, Wright explained that the network should be controlled and secured by a small number […]

Bitcoin’s recent price rise is attributed to the much-awaited halving event on May 12, but one metric suggests a sell-off is due if past samples are considered.  Metric close to previous levels but not “holy grail” On-chain analytics provider Skew noted Bitcoin’s implied volatility indicator neared previous  “sell-off” zones — specific instances where certain levels […]