News

Bitcoin’s bout of consolidation has caused investors to grow increasingly fearful that its recent multi-month uptrend is in peril. Despite this, retail investors still seem to be busy at work accumulating and gaining increasing exposure to the benchmark cryptocurrency. Recent data shows that the number of BTC wallet addresses holding over 0.1 BTC just reached […]

Global turmoil in financial markets is leading to some touting Bitcoin as a possible alternative investment, eleven years after the pioneer was developed. But South Korean academics remain unconvinced — they recognize Bitcoin turning into a hedge, but say it remains “dangerous” if volatility reappears. Bitcoin good, but risky Professor Hong Ki-hoon of Hongik University, […]

Onchain providers like Glassnode and Skew are known for providing institutional-level, sophisticated metrics to the everyday crypto trader. Such data, when used in tandem with price information, help with the creation of trading and investing strategies. But the analysis can also provide insight into what the crypto market’s richest, most influential traders are doing – […]

Since the past few days, certain, and rather strange, transactions are stirring up debate in the Ethereum community. Data shows someone, an entity or individual, spent millions in transaction fees for just a few hundreds of dollars in the actual transfer – a rarely seen occurrence. But a new report out of China claims a […]

Two weeks ago, two executives of the multinational financial services company Goldman Sachs came out against Bitcoin. As reported by CryptoSlate previously, the two said in a call to its clients that they currently do not see BTC as a viable investment, citing the asset’s lack of cash flow, its inability to properly hedge against […]

While Ethereum has seen many technical improvements over the years, the past few months have flashed a few signs that change is needed. ETH Gas Station data shows that the cost of transacting on Ethereum has been higher than normal over the past six weeks, with it costing upwards of $0.40 for an ETH transfer […]

Chainlink’s immense strength seen throughout the past couple of years may soon come to a conclusion. This grim possibility is rooted in the fact that it is fast approaching the end of a parabolic trendline that has been guiding its immense uptrend seen since 2019. One analyst is now noting that he is anticipating LINK […]

Albert Wenger, the author of the book “World After Capital,” believes that cryptocurrencies will be one of the things that facilitate the move from the industrial age to the knowledge age. During Messari’s Mainnet conference, Wenger said that he didn’t believe tech companies would willingly disrupt themselves and that the change in paradigm will have […]

Bitcoin’s recent rejection at $10,000 has altered its market structure, despite it being able to maintain some levels of stability within the mid-$9,000 region. It now appears that its previous consolidation channel around $9,700 has become a heavy resistance region, and on-chain data shows that this level may not be easily surmounted in the near-term. […]

If you’ve been an observer or participant in Twitter’s Bitcoin sphere, you most likely know of “PlanB,” who also goes by the moniker “100TrillionUSD.” PlanB is an institutional investor in Europe that moonlights as a Bitcoin analyst, focusing on quantitative and technical analysis. He is best known for formulating the Bitcoin Stock to Flow (S2F) […]