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The PlusToken scam has deposited around 13,000 BTC to a mixer in the past 24 hours, reports blockchain research firm Ergo. Mixer deposits in Bitcoin do not necessarily mean a sell-off in the immediate future, but it raises the probability of it. Researchers at Ergo said: “~13k [BTC] in new PlusToken mixer deposits in last […]

The research arm of Binance, the world’s largest crypto exchange by trading volume, published a report suggesting that a new “altseason” may be coming soon. Rising interest for altcoins Throughout the month of February, Binance saw Bitcoin’s trading dominance plummet from 40 percent to around 27 percent. The significant drop represents one of the “sharpest” […]

Following the period of sideways trading that Bitcoin (BTC) was subjected to earlier this week, it now appears that the benchmark cryptocurrency is once again entering another consolidation phase as it stabilizes within the lower-$9,000 region. This rangebound trading may not last long, however, as BTC currently has one open CME futures gap on its […]

If you thought your local Starbucks or WeWork were great places for connecting with friends and colleagues, imagine being surrounded by truly like-minded people united by a common passion. Well, two passions, actually: cryptocurrency and a really good burger. That’s exactly what’s going on at Bitcoin Rock Cafe in Vigo, Spain, the first restaurant of […]

The Grammy-award winning artist and producer Akon is making significant strides to push forward the utility of his cryptocurrency project by securing a strategic partnership that aims to bring financial inclusion to the masses, starting with Africa. Akoin teams up with BitMinutes Last week, Akon launched his own cryptocurrency, dubbed Akoin, on the Stellar network […]

Hedera Hashgraph (HBAR), a cryptocurrency that increased by more than 350 percent after Google became a member of its Governing Council, rallied by 40 percent on the day. In the same period, major cryptocurrencies like Bitcoin and Ethereum have remained stagnant, with relatively low volumes. Why did Hedera cryptocurrency see a 40 percent upsurge? Following […]

Large speculators on the CME Bitcoin futures market appeared to be positioned overwhelmingly short weeks in advance of Bitcoin’s supposed coronavirus panic-selling correction.  Data from the CTFC Commitment of Traders report reveals that, in late January, leveraged funds began to turn aggressively bearish on the CME cash-settled Bitcoin futures market. The shift in trend caused […]

Following an extended bout of sideways trading, Bitcoin and the aggregated cryptocurrency market has been able to post some decent upwards momentum, with BTC climbing above its previous key resistance level at $9,000. The latest upwards movement was not entirely unexpected, as one prominent analytics firm had previously noted that on-chain data seemed to suggest […]

Mati Greenspan, the founder of Quantum Economics, will be joining crypto analytics company LunarCRUSH as an advisor. In a statement shared with CryptoSlate, the former senior analyst at eToro said that he’s glad to join the team that has been providing blockchain network data in such a unique way. Crypto insights provider LunarCRUSH onboards Mati […]

Over the past two weeks, global markets have been in chaos; along with Bitcoin plunging below $9,000 to a low of $8,400, equities, namely U.S. stocks, have fallen off a cliff. Just today, Mar. 5, the Dow Jones Industrial Average has fallen by 2.6 percent — leaving the index still in the territory of a […]