News

Bakkt, the Intercontinental Exchange (ICE) crypto subsidiary, suffered its second high-profile executive exit last week after CEO Mike Blandina stepped down. While the rumored institutionalization of cryptocurrency remains a far-fetched vision, several empty promises and misplaced hypes question Bakkt’s integrity as a company. Third executive in four months As reported on Bloomberg, Blandia resigned the […]

Like other cryptocurrencies, Chainlink has embarked on a stunning recovery over the weeks since March’s capitulation event on Mar. 12th. From the 2020 lows at $1.50, LINK has gained a jaw-dropping 158 percent, rallying from those levels to a high just shy of $4.00 this past week. This is one of the strongest performances in […]

China-based Ebang Holdings has filed a $100 million IPO prospectus with the U.S. Securities and Exchange Commission (SEC), becoming the third Bitcoin mining equipment maker after Bitmain and Canaan to attempt a public offering. Bitcoin miner to public firm Ebang states IPO returns will majorly serve towards product diversification, company expansion, and collateral for credit […]

To most, Bitcoin’s rally from literal irrelevance to being one of the most valuable assets in the world is hard to explain. After all, a digital coin that was once given away for free through “faucets” is now worth over $7,000 a pop. A new analysis, though, has weighed in on one of the potential […]

Ethereum 2.0 has long been looked upon as an event that would help take the ETH blockchain to the next level, fixing the various scaling issues it has previously confronted while also shifting to an efficient proof-of-stake (PoS) consensus mechanism. Naturally, the efficiency and scalability improvements will work to bolster the blockchain from a fundamental […]

Catching many traders off guard, Bitcoin rallied a jaw-dropping 10 percent on Apr. 23, jumping from $7,050 to $7,800 within what was under 30 minutes’ time, boosted by a cascading liquidation of short positions on derivatives exchanges. According to Su Zhu — the CIO of foreign exchange and crypto hedge fund Three Arrows Capital — […]

Chainlink has gained major support from cryptocurrency investors throughout 2019 and 2020 — a trend that is reflected in its massive community growth and exponential price rise. This growth has attracted the attention of some prominent figures within the crypto industry, including Gemini co-founder and CEO Tyler Winklevoss, who recently stated that he “appreciates the […]

Since its inception in 2009, Bitcoin’s price rise has been controversial across mainstream media. While most publications dismiss the virtual currency as highly volatile and random, certain data sets prove the price movements can be traced to a popular metric. Using data from Blockchain.com and superimposing price history to check for trends, a Reddit post […]

IOHK has announced that Daedalus 1.0.0 mainnet wallet has finally launched and is now available to every user of Cardano (ADA). The launch of Daedalus comes after 18 months of work and marks the beginning of a series of important launches from IOHK that will bring about Shelley, the blockchain’s staking era. The company has […]

Tezos (XTZ) is up 28 percent in the past three days, well-outperforming Bitcoin which has increased by 11 percent in the same period. Three major factors are behind the strong momentum of the cryptocurrency. Three factors that are pushing the price of Tezos are thriving ecosystem supported by large grants for projects, stable asset portfolio […]