News

Eight months after launch, Terra, a stablecoin protocol backed by four of the world’s largest crypto exchanges, has surpassed one million user accounts and hit an annual run rate of $2.4 billion, the company reported in a press release seen by CryptoSlate. In 2018 Seoul-based Terra raised $32 million from myriad VC heavyweights, including the […]

Contentious Bitcoin Cash hard fork Bitcoin SV (BSV) has surged over 25% percent in the past 24 hours. The cryptocurrency’s significant price increase has led to a parabolic rally which may result in all-time highs for BSV. However, many crypto community members believe that Bitcoin SV might be an “exit scam,” which may serve as […]

The rise of institutional adoption was one of the main narratives for Bitcoin in 2019. The amount of trading activity on cryptocurrency platforms targeting accredited investors remains relatively low, but it has been noticeably and consistently increasing in recent months. Bakkt records $161 million in monthly volume New York Stock Exchange’s parent company ICE operates […]

Over the past few hours, Bitcoin has exploded higher. Since the close of Monday’s daily candle at 23:59 yesterday, the cryptocurrency has gained 6 percent, surging as high as $8,580 from $8,100 as buyers stepped in en-masse. While the buying momentum has slowed, with BTC retracing to $8,475 as of the time of writing this […]

Controversial Bitcoin Cash hard fork – Bitcoin SV (BSV) – has been caught within a massive uptrend over the past several days, which has allowed its price to go on a parabolic rally that is leading it up towards its all-time highs. This rally, however, has drawn the ire of some analysts and prominent community […]

Bitcoin is currently in the process of breaking out of its recent consolidation phase, as BTC’s bulls are pushing the crypto up towards its key resistance levels around the $8,300 region. Although it does appear that the cryptocurrency is currently struggling to break above its recent highs of $8,500, its current momentum does appear to […]

It has been over two years since the People’s Bank of China (PBoC) effectively banned crypto exchanges and trading. Yet, China remains a key topic in the crypto space in 2020. Three important aspects of China’s crypto sphere investors have to consider are: the prosperous local bitcoin mining industry, rapidly growing blockchain development, and the […]

Bitcoin’s Lightning Network is expanding at an exponential rate despite a number of scalability and security flaws in its protocol. Bitcoin’s Lightning Network usage is growing The Lightning Network (LN) is a second layer solution to Bitcoin’s scalability problem. It was created by Lightning Labs, a San Francisco-based company building the next generation of decentralized […]

Bitcoin could have entered a new bull market last week based on a technical indicator that has been extremely effective at determining previous parabolic movements. Determining the trend’s direction In a recent tweet, Sawcruhteez, a financial analyst and swing trader, emphasized that the parabolic SAR presented a buy signal on BTC’s 1-week chart. This is […]

Cryptocurrency predictions for 2020 are well underway, which means there is no better time to refresh and set some new year’s resolutions. In 2019 when Facebook unveiled its plans to launch Libra, it set leaders in the blockchain and cryptocurrency industry a new challenge to educate and inform the world about the truth of this […]