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JPMorgan Chase, one of the world’s largest banks with $2.6 trillion under management, acknowledged Bitcoin’s “staying” power earlier this week. The bank gave “mostly positive” feedback after an internal assessment for the pioneer cryptocurrency. Trader’s utopia Eleven years after Bitcoin’s introduction — a period which saw scams, hacks, global media coverage, stomach-wrenching price drops, and […]

Bitcoin’s halving that took place in May struck a serious blow to miner’s profitability, causing many smaller operations to shut off their rigs due to the 50% block rewards reduction that came about as a result of this event. Naturally, BTC’s hash rate began sliding directly after the event took place – which was an […]

From its all-time high price just shy of $1,500, Ethereum down by just around 85 percent. To put that into context, Bitcoin is down only around 50 percent from its $20,000 high. ETH is far from “dead,” but over recent months, the relatively dismal price performance has left some wondering if the cryptocurrency will ever […]

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 […]