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Bitcoin futures have seen rising premiums throughout the past week, pointing to a large spike in demand for long-favoring positions amongst traders. Although this may bode well for the cryptocurrency’s short-term price trend as it flashes some subtle signs of strength, it is important to keep in mind that this premium can shift at any […]

Blockchain project FLETA recently announced an agreement with the software giant Oracle. The technical cooperation focuses on FLETA’s use of Oracle Cloud Infrastructure (OCI). The blockchain project plans to implement OCI to enhance the capabilities of the FLETA cloud server. In turn, a more robust FLETA cloud server will enable the blockchain’s mining nodes to […]

After a strong rally from $3,700 to $10,100 over the span of six weeks, the Bitcoin bull has proverbially been asleep over the past few weeks. Prices have slumped as low as $8,100 since the highs, falling on the “capitulation” of miners — one of the largest groups of BTC market participants. Even though Bitcoin’s […]

While ETH prices have remained in the proverbial dumps, the underlying Ethereum blockchain has seen a flurry of activity and development of recent months. The jury is still out on how these trends will affect the asset in the long run, but a top analyst says it would be unwise to ignore what is going […]

The past few months have seen Coinbase throw millions of dollars at supporting the budding decentralized finance (DeFi) ecosystem based on Ethereum. As reported by CryptoSlate in December, a product manager at the company, Jacob Horne said: “DeFi, or decentralized finance, is an essential part of an open financial system. DeFi tools are censorship-resistant, unbiased, programmable, […]

China’s secretive stance on digital currencies is starting to reveal traces of long-term aspirations. On one hand, the country does not allow any form of crypto-trading, even calling for the shut down of the Bitcoin mining business in a province earlier this month. But a recent development indicates cryptocurrencies may be on China’s radar all […]

The crypto industry has long been engaged in a debate regarding whether or not the merits of Centralized Finance (CeFi) outweigh those of Decentralized Finance (DeFi). The debate is largely premised around the topic of decentralization – which is one that is an integral component of the cryptocurrency ecosystem. Although Bitcoin – the first cryptocurrency […]

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 […]