News

The Bitcoin price has increased by 26 percent within the past two days, rising from sub-$5,000 to as high as $6,400 across major crypto exchanges. But, several top traders are not optimistic in the short-term. Many technical analysts have anticipated the Bitcoin price to surge past the $6,000 resistance level after a major sell-off to […]

CryptoSlate recently had the opportunity to chat with Anthony Xie. Xie is the founder of HodlBot, a tool that helps investors diversify their portfolios and automate their trading strategies. HodlBot is a customizable cryptocurrency trading bot that enables users to index the market, create custom portfolios, and automatically rebalance their cryptocurrency portfolios. In addition to […]

Chainlink (LINK) was one of the most bullish cryptocurrencies throughout 2019 and 2020, with the crypto racing from its year-to-date lows of $1.70 to highs of nearly $5.00, before facing a significant selloff that has since sent it reeling down 60 percent. This intense decline has led it to erase virtually all of the gains […]

Cryptocurrency investors have had their perspective and outlook on Bitcoin drastically changed by its recent price action, with its close correlation to the global markets nullifying its status as a safe haven asset and seeming to confirm that it is a risk-on asset. This close correlation to the global markets, however, could change at any […]

Over the past few months, the upcoming Bitcoin block reward reduction — best known as a “halving” or “halvening” — has been branded the harbinger of the next explosive cryptocurrency bull run. Indeed, from a pure charting standpoint, the last two halvings, which are byproducts of BTC’s algorithmic monetary policy, have marked the start of […]

OKEx has come a long way. From claims about fake trading volume to initiating socialized losses, it hasn’t always been an easy ride. Yet the young company’s slogan “it’s OK to be bold” forms its very ethos. Bold, indeed, it has been. And it’s gone on to become one of the world’s largest cryptocurrency spot […]

The managing partner and co-founder of crypto hedge fund Multicoin Capital, Kyle Samani, says that the crypto market structure “broke” last week on account of a bottleneck in the Bitcoin blockchain and miners shuttering operations. Samani drew the conclusion in a blog piece Wednesday titled “March 12: The Day Crypto Market Structure Broke,” a post-mortem […]

U.S. Magistrate Judge Bruce Reinhart has ordered Craig Wright to pay $165,000 in fees to Ira Kleiman’s legal team. The original sum requested by Roche Freedman exceeded $650,000, which the judge found to be “excessive” and “unreasonable”, as they were way higher than the relevant market rates in the state of Florida. Judge deems Kleiman’s […]

The crypto industry saw an intense flash crash last week that sent Bitcoin and the aggregated market reeling lower, with BTC’s sharp decline being perpetuated by a cascade of liquidations on popular trading platform BitMEX. This decline proved to be devastating for the DeFi ecosystem, with a myriad of collateralized loans on popular platforms being […]

The U.S. stock market rebounded today following yesterday’s unprecedented selloff, with all of the major indices climbing over five percent today. This led Bitcoin and the aggregated crypto market to follow suit, with BTC and most other altcoins posting decent gains over the past 24-hours. This ongoing rebound may be short-lived, however, as the benchmark […]