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After holding under $10,000 for a week, Bitcoin saw an explosive breakout on Jun. 1 that saw the asset reach a local high of $10,450 — the highest price since the February highs. This was a decisively positive move that had many analysts calling for cryptocurrencies to reverse into a full-blown bull market. One popular […]

China’s leaving no stones unturned in its well-publicized quest to become the world’s leader in blockchain development and services. After introducing favorable terms for Bitcoin miners, a parliamentary book on the topic, and even considering Bitcoin as “virtual property,” the country’s new “master plan” on June 1 released measures to “speed up” progress of the […]

The Bitcoin price surged by more than 191 percent in the past three months. BTC dropped to as low as $3,600 on the so-called “Black Thursday” on March 12. Since then, the dominant cryptocurrency rose to as high as $10,440, completing its fastest recovery since June 2019. A confluence of key fundamental and technical factors […]

Late on June 1, Thailand’s high-flying OmiseGo rebranded to OMG Network. The project was one of 2017’s biggest ICOs, raising $25 million and going on to be valued at over a billion dollars in the successive months.  The project also rolled out the Plasma sidechain yesterday, promising scalability for developers and a faster network for […]

Blockchain platform Neo has announced that it has joined the InterWork Alliance (IWA) as a founding board member. In a press release shared with CryptoSlate, the company said that it will work with other IWA members, including Microsoft, IBM, Nasdaq, and UBS, to promote tokenization standards and encourage mainstream adoption of blockchain technology by businesses. […]

Decentralized finance (DeFi) may be one of crypto’s foremost use cases, but as it stands it has seen limited adoption. According to data site Defipulse.com, there is now $951 million worth of value (ETH, stablecoins, Bitcoin, etc.) locked in DeFi applications. This equates to approximately 0.35 percent of the entire cryptocurrency market, assuming Bitcoin and […]

Despite Bitcoin being down roughly 50 percent from its all-time highs, the vast majority of the benchmark cryptocurrency’s investors are profitable, with its immense climb from its March lows of $3,800 bolstering their profitability. This data offers some interesting insights into the state of the market surrounding the digital asset, and can also offer insight […]

Ethereum’s recent really from the lower-$200 region to highs of $245 has allowed it to reverse the immense downtrend it had previously been caught in against its Bitcoin trading pair. It has also sparked a massive increase in ETH options volume on popular platforms like Deribit, with the cryptocurrency’s daily options volume hitting a record […]

Despite Bitcoin’s strong performance against a backdrop of global turbulence in recent times, it is important to note that the stock market is still outperforming the benchmark cryptocurrency over a one-year period. There is a strong chance that this trend will soon come to a harsh end, however, as economic and social unrest in the […]

Bitcoin’s privacy features have been under fire by critics since early 2013.  While the protocol remains technically robust and mathematically secure, a loophole allows blockchain analysts and cryptographers to link transactional behavior with users, leading to some term Bitcoin as pseudonymous. But one veteran developer believes the problem can be solved using a framework built-in […]