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The world’s largest cryptocurrency exchange by trading volume, Binance, announced the official launch of its mining pool service. Dubbed Binance Pool, it will offer support for both Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining mechanisms. But, it will kick off with Bitcoin mining services only. The new mining pool will also provide miners with a wide range […]

Hong Kong-based cryptocurrency exchange Bitfinex announced the introduction a new platform that enables its users to interact with each other. Dubbed Bitfinex Pulse, it is set to meet customers’ demand for a social network tailored towards traders and crypto enthusiasts alike. Paolo Ardoino, CTO at Bitfinex, affirmed that after the success that the public leaderboard […]

Charles Hoskinson, the CEO of Cardano (ADA) parent IOHK, went to YouTube to answer questions regarding the recent launch of the Daedalus wallet and the current state of the Cardano network. Hoskinson said that Daedalus has been a tremendous success, the only issues due to sync times happening to users with older Windows operating systems. […]

Grayscale Investments, the investment arm of Digital Currency Group, has picked up a majority of all ether mined in 2020. The metric indicates massive institutional interest in Ethereum, which is soon moving to a Proof-of-Stake protocol. Picking up the ETH pennies Grayscale’s “Ethereum Trust” fund handles over $284 million in an index fund offered to […]

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […]

Ever since the highs of the 2017-2018 bull market, XRP has not done too well. The third-largest cryptocurrency by market capitalization, per data from TradingView.com, has collapsed by more than 94 percent from its all-time high around $3.40. Last month, the asset was at three-year lows. For some context: Bitcoin, from its all-time high, is […]

One particular pricing model, which has gained popularity over the years after accurately predicting the price of Bitcoin, estimates that the flagship cryptocurrency is going to go ballistic after the upcoming halving. Bitcoin’s stock-to-flow model In early 2019, a prominent figure within the cryptocurrency community known as Plan B published an article entitled “Modelling Bitcoin’s […]

Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result. However, it’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have […]

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 […]