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USDC, a stablecoin developed by the Circle, is the second-largest USD-backed stablecoin on the market according to data from Skew. Launched in 2018, USDC currently has a market capitalization of over $452 million and is followed by PAX with $191 million and TUSD with a $140 million market cap. Circle’s USDC a top performer among […]

Bitcoin is now worth $161 billion, with strong infrastructure established by the world’s largest financial institutions and conglomerates in the likes of Fidelity, CME, and Square. 9 years, ago, the market capitalization of BTC was valued at less than $21 million. Bitcoin HODLers are not “lucky” The Bitcoin market tends to undergo a cycle of […]

The crypto industry is full of catchphrases (or what some would say are memes) — “Long Bitcoin, short the bankers” and “Just HODL” are just two of many that come to mind. One recent catchphrase that has gained popularity is “Ethereum is money,” oft-stated by the cryptocurrency’s proponents, who argue that ETH is or soon […]

Central banks all across Europe and Asia are busy injecting billions of dollars in liquidity to keep the stock market afloat. As Bitcoin is described as a safe-haven asset by many, it is adding to the momentum of the dominant cryptocurrency. Is Bitcoin actually a risk-on asset? Coincidentally, several major bear cycles of Bitcoin like […]

Massive exchanges have long been a major point of centralization within the crypto industry, with this being further confirmed by recent actions reportedly taken by some major exchanges to pose a “hostile takeover” of the Steem blockchain using stakeholders’ deposited tokens. This comes close on the heels of TRON’s recent acquisition of Steemit, sparking an […]

Ripple’s close connections to XRP have long been a polarizing topic within the crypto industry, with the token’s detractors claiming that the company’s monetization of it via their quarterly sales has come at the expense of investors, while others claim that the token is an unregistered securities product. Now, Ripple CEO Brad Garlinghouse has been […]

Charles Hoskinson, the CEO of IOHK, said that the company didn’t want to publish a final release date for the Shelley mainnet until all of the risks surrounding it were mitigated. In a video update, Hoskinson said that once the Byron reboot and the release of the Shelley Haskell testnet are completed the company will […]

Bitcoin is on the decline after an explosive two months. After seeing a drop of $61 billion, the crypto market may face years of a bear market, warns a Bitfinex whale. Why is the sentiment around crypto bearish again? After failing to test a major resistance level for Bitcoin at $10,500, the crypto market saw […]

The Ethereum price is quickly pulling back with technical analysts seeing sub-$200 in the short-term. Despite being one of the top-performing cryptocurrencies in the past two months, it is rapidly losing momentum. Mostly due to record high Ethereum longs On Bitfinex, ETHUSD longs just hit a record high at 659,247, surpassing its previous high 579,785 […]

The Bitcoin price has dropped by around 18 percent in the last two weeks and traders are fearing a steep correction to occur in the short-term for three key reasons. The three factors are: the poor technical structure of bitcoin technical components like funding an open interest and the foundation of the recent rally. Factor […]