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After rallying from the lower-$6,000 region earlier today, Bitcoin bulls stepped up and propelled the benchmark cryptocurrency up to highs of $7,300 in what ultimately proved to be a fleeting movement. The rejection from this level has led BTC to reel back into the upper-$6,000 region, with this movement leading a significant amount of open […]

Native platform tokens aimed at increasing the efficiency and decreasing the costs associated with interacting with crypto exchanges have garnered significant popularity amongst investors in recent times, with their overt utility boosting transaction volumes and making them attractive to investors. In spite of this, data regarding the concentration of these tokens amongst so-called “whales” is […]

Investing has never been easier now that on-chain metrics enable market participants to determine who is on the other side of the trade. While this is only possible in the cryptocurrency market, IntoTheBlock maintains that this data can empower investors worldwide. The power of on-chain metrics Contrary to popular belief, one of the biggest advantages […]

Bitcoin has shaken off a worsening coronavirus outbreak and record jobless claims in the U.S., rallying past $7,000 just minutes ago as of the time of writing this article, reaching a local high of $7,200. With the recent surge higher, BTC is up 24 percent from the weekend lows of $5,800. Although many have embraced […]

Despite the state of commotion in the global financial markets, several altcoins were able to provide significant gains during the first quarter of the year. Bitcoin: the worst performer in Q1 In a recent report, Binance Research affirmed that Bitcoin displayed a negative performance throughout the first quarter of the present year. Although the flagship […]

Digital payment provider Crypto.com will be waiving the 3.5 percent credit card fee for crypto purchases until June. This alongside increased rebates for essential purchases including food, groceries, and delivery, is part of a series of measures introduced by the company designed to provide support from the impact of the global coronavirus pandemic. No credit […]

The overwhelming majority of traders in the crypto market are currently longing Bitcoin, data shows. While some technical indicators point toward a rally to the $8,200 resistance area, the large amount of longs leave the market vulnerable for a potential squeeze. On both Binance Futures and BitMEX, the funding rate of the Bitcoin futures contract […]

Despite the overarching fear imposed by the coronavirus outbreak that is now gripping all corners of the Western world, companies around the world still took to the Internet to ‘celebrate’ April Fool’s Day — presumably to lighten the mood. Crypto startups, too, joined in on the fun. Here are some of CryptoSlate’s favorite Bitcoin-themed pranks […]

The amount of Bitcoin held by crypto exchange BitMEX has drastically dropped in the past two weeks after the exchange experienced a massive liquidation spiral on Mar. 13. According to data from CoinMetrics, BitMEX currently has around 244,000 BTC, a 22.5 percent drop from its 315,000 BTC peak on Mar. 13. BitMEX sees its Bitcoin […]

2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with bulls having firm control over the benchmark digital asset throughout all of January and most of February, before losing their strength to sellers in March. This heightened volatility has occurred against a backdrop of bearishness within the global economy, which – […]