News

Certain crypto assets have performed extremely well over the past few weeks. Ethereum-based Maker (MKR), the native asset of the MakerDAO ecosystem, is up 120 percent in the past month alone. Cardano is up approximately 80% in the past three weeks. Though this strength hasn’t been reflected in all altcoin investments. According to Coin360.com, XRP […]

The crypto market bore witness to a sharp decline today that came about following a failed attempt to rally seen yesterday. This movement was led by Bitcoin, which rallied to highs of $10,050 before facing a harsh rejection that led it down to its long-held consolidation channel around $9,700. After trading at this level overnight, […]

The price of Bitcoin dropped by 9 percent from $9,900 to $9,000 on the day. For now, traders are not worried about a deeper pullback. The sudden drop in the price of Bitcoin happened after the U.S. stock market unexpectedly plummeted, marking its worst day since March. Traders mixed on the price trend of Bitcoin […]

EMURGO, a blockchain company tasked with driving the adoption of Cardano, has announced a strategic company with Ergo, a PoW protocol providing financial contracts. The company said that the two will jointly explore stablecoins and financial services applications, while Ergo’s native token ERG will be integrated into Yoroi Wallet. EMURGO to offer tailored DeFi solutions […]

Bitcoin and gold have, arguably, emerged as a “hedge” against the risks that equity markets around the world are now presenting. In the U.S., the Federal Reserve has lowered interest rates to zero, allowing many to access technically “free” money to eventually purchase equities and pump markets. With gold and Bitcoin now on the radar […]

Microsoft, the world’s largest software company, moved its decentralized identity (DID) project to the Bitcoin protocol on June 10, opening the system to worldwide and extensive open-source development. Microsoft Looks to Bitcoin Called ION, the protocol makes decentralized identities, such as email addresses, passwords, and other personally-identifying online names possible. All DIDs are owned and […]

Long touted as an alternative to fiat currencies without the volatility of digital assets like Bitcoin, stablecoins and related companies mushroomed in late-2018; with a lot of projects even getting venture funded. However, stablecoin markets may not be limited to trading and remain highly-centralized, onchain research firm CoinMetrics noted earlier this week. USDT is well […]

Coinbase is currently exploring the addition of 18 new digital assets, which include DeFi tokens such as Aave, Bancor, Ren, VeChain,  Aragon, and  DigiByte. The company said that its users could expect more announcements like this in the near future as most of the tokens it mentioned showed growth between 8 and 25 percent in […]

Despite a pandemic ravaging the world’s economies, data shows that there’s been a concerted effort amongst institutions to gain exposure to Bitcoin and cryptocurrency. CME Bitcoin call options outweigh put options 56:1 According to crypto derivatives publication Ecoinometrics, there has been a parabolic increase in call options that institutions hold via the CME’s institutional-centric Bitcoin […]

CryptoSlate recently had the opportunity to chat with Joel Edgerton, the COO of bitFlyer USA. Joel is currently the COO at bitFlyer USA, a global cryptocurrency exchange with offices in Tokyo, San Francisco, and Luxembourg. Joel leads the company’s expansion in the USA, developing a strong team with institutional and retail customer experience. He has […]