News

Cardano celebrated the launch of the Shelley incentivized testnet, as it debuted with hundreds of pools and over 2.6 billion ADA staked. The testnet currently has 281 staking pools, which is 10 times more than EOS’s 21 and Tron’s 26. Incentivized testnet shows promising results for Cardano After months of anticipation, the incentivized testnet for […]

The top three cryptocurrencies by market cap, Bitcoin, Ethereun, and XRP, entered a stagnation phase that extended for the past 24 days. The low levels of volatility could be a signal that these cryptocurrencies are due for some price action. The following technical analysis will explore where BTC, ETH, and XRP could be heading next. […]

According to data from the market intelligence platform Glassnode, most Bitcoin investors are unfazed by the volatile market and Bitcoin’s abrupt 50 percent drop in the past five-month. According to Glassnode: “[The Unspent transaction output] metrics suggest that investors are staying put despite being at a loss.  After Bitcoin’s local top in June, fewer transactions […]

While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown. Now, some say that Bitcoin’s value is primarily dictated by events taking place and trends forming […]

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach “squeeze” levels, implying that volatility is on […]

Analysts have long pointed to Bitcoin’s lack of mainstream credibility as one primary factor that has been stunting its growth, but this appears to be shifting, as prominent economics professors at a major Ivy League university are now advocating for all investors to allocate Bitcoin and a handful of major altcoins to their investment portfolios. […]

Ethereum has seen an increase in user activity throughout 2019. Backed by the strong growth of DeFi, the ecosystem is expected to expand rapidly entering into 2020. According to Joseph Lubin, the co-founder of ConsenSys which is considered to be the largest blockchain development software firm, the fundamentals of Ethereum are strengthening. Optimistic numbers for […]

The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC’s late 2017 bull market.  Traders currently hold more than 43,000 long positions, worth $299,784,000, on Hong Kong-based Bitfinex. The ratio is overwhelmingly skewed in favor of the […]

The Cardano Foundation announced that it has appointed McCann Dublin, the Ireland-based hand of the global advertising agency, as its brand strategy and design agency. According to the company’s announcement, McCann will be tasked with realigning the Cardano brand with the company’s mission. The Cardano Foundation employs a global advertising agency to develop its brand […]

Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin […]