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Over $20 billion have been wiped off Bitcoin’s market cap in the last few days. The flagship cryptocurrency went from trading around $8,000 on Wednesday to a low of $6,800 today. As the sell-off continues, IntoTheBlock believes that several blockchain analytics factors can explain this drop. Meanwhile, CryptoSlate takes a technical approach. Bitcoin blockchain analytics […]

The long-awaited balance snapshot for Cardano’s Shelley incentivized testnet was an overwhelming success. Charles Hoskinson, the CEO of IOHK, said that the company managed to achieve a lot in a short period of time even though it was facing issues during the check. Successful balance check will enable a smooth network snapshot It seems that […]

Despite being seen as a cure for all Bitcoin’s problems, the Lightning Network is yet to see major adoption and has recorded less than impressive network stats this year. Public opinion seems to be divided between those who believe its time is yet to come and those who say it never should have come in […]

Surely the greatest irony in the blockchain space is that there has never been any agreement on “the best” consensus model. Bitcoin and Ethereum are widely lauded for pioneering the concepts of blockchain and smart contract platforms respectively, but both also come under heavy criticism for their lack of scalability. The scalability challenge is largely […]

The Bitcoin price has fallen by nearly 30 percent since rising to as high as $10,600 in October. Technical analysts have started to consider a further pullback to the high $6,000 region. On Oct. 21, due to a cascade of short liquidations on major margin trading platforms like BitMEX, the Bitcoin price spiked above the […]

The chief executive of Binance, one of the world’s top crypto exchanges, has vociferously denied reports that the firm’s Shanghai office has been raided by Chinese authorities. Incredibly, CEO Changpeng Zhao claims Malta-based Binance, in fact, has no Shanghai office and that the allegations are part of a smear campaign paid for by rival crypto […]

BitMEX and Coin Metrics announced the release of a new technical tool that aims to provide in-depth data about the state of the Bitcoin network. Bitcoin transactions statistics BitMEX Research, the research arm of the cryptocurrency derivatives exchange BitMEX, in collaboration with one of the leading providers of crypto asset market and network data, Coin […]

The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services. PBoC spearheads effort to regulate fintech industry After months of uncertainty regarding […]

Binance, one of the world’s largest cryptocurrency exchanges by daily volume, has announced the acquisition of major Indian crypto exchange WazirX and plans to launch fiat-to-crypto services in India within days. According to a blog post Thursday by Binance, India-based users will be able to purchase and sell crypto using Indian Rupees (INR) on Binance […]

Bitcoin has been stuck in a rut in the time following its movement down towards $8,000, as it has failed to garner any decisive momentum and has continued consolidating around its near-term support level at $8,000. Bitcoin’s bulls have remained stubborn in spite of the crypto’s clear bearishness in recent times, as margin traders have […]