News

A specialized task force of senior judges and lawyers in the U.K. has recognized crypto-assets as “tradable property” under English law. The 46-page legal statement, which clarified the status of cryptocurrencies, blockchain technology, and smart contracts, is the country’s effort to reintroduce confidence to the British crypto market. Huge step underway to understand crypto industry […]

According to the latest Coin Metrics report, more than 1.6 million bitcoins have been lost forever, either through duplicate transactions, unclaimed rewards, or thefts. Despite the report offering one of the most conservative estimates as to how many coins are lost, it still showed that Bitcoin is getting scarcer with each passing day. Calculating Bitcoin’s […]

Brendan Blumer, the founder and CEO of Block.one, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level. During a panel at the Blocksberg Summit, Blumer shared his thoughts on EOSIO, Block.one’s ambitious blockchain project, saying the company’s goal is always to align with its […]

Bitcoin has been struggling to remain above the $8,000 support level in a hostile market where almost every signal indicates a bearish sentiment. The decreasing number of profitable holders on the network and a shocking 97 percent drop in large transactions spell trouble for the world’s largest cryptocurrency. Almost every Bitcoin metric in the red […]

CryptoSlate recently caught up with Will Harborne, the co-founder and CEO of DeversiFi, a decentralized crypto exchange that was formerly known as Ethfinex. Even though decentralized exchanges are still in their infancy, in the five years since the first iterations launched (think EtherDelta), they have evolved to a point where they are now starting to […]

As said by industry executives like Xapo CEO Wences Casares, many investors in the crypto sector believe that Bitcoin will either hit zero or surpass a trillion-dollar market cap in the long term. Long term price predictions of industry executives vary from $100,000 to even $1 million and according to Byrne Hobart, a consultant, and […]

Bitcoin and the aggregated crypto market incurred a steep and widespread sell-off today that came about after a brief consolidation period. BTC has been able to recover slightly from its intraday lows, although it still appears to be in a precarious territory. The cryptocurrency is now nearing its parabolic trendline, which has historically catalyzed explosive […]

One of the world’s top crypto law firms, Gresham International, announced this week that it submitted a proposal to begin working with the government of Paraguay on a raft of new cryptocurrency legislation. In an exclusive provided to CryptoSlate, Gresham International Managing Associate Cal Evans said the proposal was made after the government had requested […]

The number of open BitMEX Bitcoin futures contracts (XBTUSD) tends to peak at around $1 billion, or 100,000 BTC. Having open interest heavily dependant on key psychological levels shows that the crypto derivatives market has matured. Is the crypto derivatives market maturing? The crypto derivatives industry has long been considered a niche one, catering to […]

MakerDAO announced the release of Multi-Collateral Dai (MCD). The move is going to bring a wide range of new features to the Maker protocol, including Dai Savings Rate (DSR) and additional collateral asset types. Despite the major announcement, MKR’s price remains stagnant. The new Multi-Collateral Dai Over a month ago, MakerDAO disclosed a change in […]