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Prominent analysts believe that Bitcoin’s fate will depend on how it performs during the ongoing financial crisis, but on-chain metrics reveal that there is significant resistance ahead. Bitcoin is on the verge of failure Many are wondering what is going to happen to Bitcoin now that President Donald Trump signed into law a historic $2 […]

The crypto market has been relatively stable in the last four days. The Bitcoin price has generally been moving in between a five percent range, showing an unusually low level of volatility. In contrast, the U.S. stock market has demonstrated extremely large swings, moving by three to six percent on a daily basis in the […]

Complex transactions on Ethereum are on their way to overtake simple transfers, data has shown, pointing to the fact that the network could be regaining dominance from Bitcoin. According to an analysis from Defiant, transactions with smart contract executions have grown relative to transactions with simple token transfers. Second-generation blockchains are seeing more usage The […]

IOHK, the company behind the Cardano (ADA) blockchain, has announced the launch of the Ouroboros Hydra protocol. IOHK explained that the scaling protocol will enable Cardano to handle up to 1 million transactions per second and facilitate micro-transactions that will lead to an uptick in crypto payments globally. In a press release shared with CryptoSlate, […]

As random as Bitcoin’s price action seems, it’s often textbook. The price action is so textbook, in fact, that two run-of-the-mill technical analysis patterns suggest that the cryptocurrency is about to rally even higher than it already has over the past week. Bitcoin is about to rally even higher, two textbook patterns predict Cryptocurrency analyst […]

On-chain metrics reveal that the Bitcoin SV network is growing steadily. Meanwhile, its price sits on top of a significant support barrier. Overcoming market challenges Bitcoin SV has been in the center of controversy since it forked off Bitcoin Cash in mid-November 2018. Although Craig Wright and Calvin Ayre were able to bring a significant […]

Key metrics show that bulls may be betting heavily on Bitcoin as the coin reclaims ground from its late-February tumble in tandem with the global economy. Investors seem to be accumulating with real conviction. Bitcoin’s 7-day trading average volume as measured by the Bitwise 24-hour “real” spot volume index is at the highest level since […]

Despite dramatic measures taken to stem the spread of the coronavirus, it has continued to wreak havoc on the Western world, continuing to sweep across the U.S. and Europe while shutting down thousands of businesses and forcing millions out of work. As a result, the Federal Reserve has had to pull out all the stops […]

The U.S. stock market has had a great past few days, with all of the benchmark indices rallying as bulls attempt to establish a long-term bottom. Bitcoin has only been able to catch a portion of this momentum, however, as the cryptocurrency is currently facing insurmountable resistance just below $7,000. Bitcoin’s lack of momentum against […]

XRP is currently in the process of posting a notable rally that has allowed it to outperform Bitcoin and most other major cryptocurrencies, with the embattled token’s bulls attempting to catalyze some much-needed upwards momentum. This has allowed the crypto to erase what one analyst is calling “months of underperformance” — although the long-term significance […]