News

Bitcoin’s short-term market dynamic has shifted greatly following the volatility seen overnight. This turbulence caused the benchmark cryptocurrency to rally to highs of $9,700 before posting a slight rejection that led it back down to the lower-$9,000 region. It now appears that options traders are beginning to grow increasingly bullish on the cryptocurrency – a […]

Days after rebranding the Calibra wallet to Novi, Facebook founder Mark Zuckerberg explained to shareholders how Libra, the firm’s upcoming digital currency, can help bolster revenues from advertising. Ads make over 85 percent of the tech giant’s revenues as per estimates, with payments and other sub-enterprises making up the remaining. Powering global payments Zuckerberg believes […]

Ethereum’s lackluster price action hasn’t stopped large investors from accumulating. New data shows that the cryptocurrency’s largest investors have been busy at work purchasing massive amounts of ETH throughout the past year. This accumulation trend has led so-called “whale addresses” to rocket to a 10-month high, with these investors now collectively owning over 21.8 million […]

Just over two weeks ago, Bitcoin experienced its third block reward reduction. The “halving,” as the event has been branded, halves the rewards miners get for processing BTC transactions from 12.5 to 6.25 coins per block. As these rewards constitute the inflation of the cryptocurrency, a halving is notable: it decreases the inflation rate of […]

Cardano (ADA) has been caught within an intense uptrend in recent times, which has allowed it to firmly outperform both Bitcoin and most of its other peers. This intense rally has come about as development activity on the blockchain booms – being an overt sign of fundamental strength that ultimately suggests that the crypto’s mid-term […]

Reddit’s true crypto adopters may not be subscribed to its crypto-focused subreddit. Weeks after Reddit announced its Ethereum-based Community Points and incentives program for two subreddits, an unlikely contender seems to have come up on top. Slow adoption, little transaction In a rather ironic and hilarious revelation; data from Reddit’s dApp tracker shows r/FortNiteBR, a […]

As it stands, decentralized finance (DeFi) overtaking or rivaling Wall Street is a quixotic dream for its proponents. There are many hacks of DeFi applications, like when a hacker recently drained $25 million worth of Ethereum and other crypto assets from a decentralized lending platform called dForce. And due to misunderstandings about protocols and coins, […]

Bitcoin mining, long known as an obscure activity limited to cyberpunks and dominated by Chinese brands, can now be an alternative investment option for accredited investors looking to take a BTC bet. Do you mine? Bitfury, an Amsterdam-based Bitcoin mining operator, has launched its ambitious institutional investor program, allowing high-net-worth individuals and deep-pocketed corporations to […]

The volatility of cryptocurrency markets is well-documented and definitely not for the faint-hearted — 100x leverage, double-digit percentage drops in a single trading session, and small-cap altcoins “mooning” hundreds of dollars under an hour lead many to the crypto market under the guise of an early-adopter. But Gavin Andresen, one of Bitcoin’s earliest developers, suggests […]

Charles Hoskinson discussed the effort that went into building Shelley, the upcoming staking era of the Cardano blockchain. The CEO of IOHK said that the company’s “slow and steady” approach to development turned out to be much better in the long run, as it facilitates the creation of an even playing field for every other […]