News

Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. The theory […]

The Bitcoin price exploded in Argentina after President Mauricio Macri announced he would reinstate restrictions on foreign currency purchases. Bitcoin is trading at a $1,200 premium above spot price on Buenos Aires-based exchange Buenbit. The price exploded to $12,750 per BTC—a total premium of $2250 premium—immediately after Argentinian president Mauricio Macri announced his government would […]

In an exclusive interview with CryptoSlate, Charlie Lee shares his vision for how Bitcoin and Litecoin can fundamentally challenge governments and revolutionize how people transact. Ultimately, he argues that cryptocurrency is the best form of money ever seen. Scaling problems with Bitcoin One of the most commonly cited problems with Bitcoin is its inability to […]

Through constant innovation, Binance has maintained its position as a market leader. In today’s new cycle many stories go unnoticed, but here are the exchange’s top announcements this week and their implications on BNB’s value. JEX token airdrop On Sept. 3, Binance revealed that it acquired JEX, a cryptocurrency trading platform offering spot and derivatives trading […]

Bakkt is preparing to introduce its Bitcoin futures contracts. As the September launch date approaches more details have come to light. Bakkt Bitcoin futures Bakkt, a subsidiary of the Intercontinental Exchange (ICE), which owns the New York Stock Exchange, was granted approval from the U.S. Commodity Futures Trading Commission for crypto-settled Bitcoin futures. In addition, […]

NEO is aggressively expending resources to compete with Ethereum in a race to become the most “developer-friendly” blockchain. Supported by several Microsoft veterans, the project is leading an ambitious build-out of the platform’s core capabilities with a treasury worth more than half a billion dollars. History behind NEO NEO is a smart contract platform founded in […]

Central and commercial banks are the top dogs of the world’s largest market by trading volume—the $5-trillion-a-day foreign exchange (FX) market. A closer look at the balance of power in this global industry reveals how banks could manipulate, and even dominate, cryptocurrency in an unregulated market. Central banks: the power brokers of currency Central banks […]

TRON’s Justin Sun is likely benefiting from bought Twitter followers. Analysis of different metrics around his account indicate that over half of his 1.7 million followers could be fake. Popularity contest People have been using bots to game Twitter since the platform’s inception. Social proof is a key component of high engagement. Vanity metrics like […]

Satoshi Nakamoto, the creator of Bitcoin, faced Alexander Hamilton, the original proponent of centralized banking, in an epic rap battle produced by LinkedIn co-founder Reid Hoffman. Created as a fun way to present the battle between fiat currencies and Bitcoin, the video quickly gained traction, surpassing 125,00 views in less than 24 hours. Using a […]

Bitcoin dominance is on the rise reaching levels that it has not seen since July 2017. Meanwhile, most altcoins are plummeting relative to BTC. Some of the most prominent analysts in the cryptocurrency industry have repeatedly claimed that Bitcoin will soon reach a market dominance of 80 percent or more. However, a new report by […]