News

For many cryptocurrency supporters, 2019 will be remembered for the sector’s resurgence and the improved usability of crypto assets. For some, these changes manifested as prominent retailers, including Starbucks, Nordstrom, and Whole Foods, opened their checkout lanes to cryptocurrencies. Meanwhile, others saw the expanding crypto derivatives market as a new way to facilitate crypto investment. […]

According to an analyst based in Japan, the liquidity of XRP in Mexico, specifically on Bitso, has increased significantly following the partnership between MoneyGram and Ripple. Prior to the deal, the Tenitoshi Liquidity Index for XRP in Mexico was hovering in the negative, indicating that the volume of the cryptocurrency struggled to recover. The analyst […]

CryptoCompare’s September report showed that the popularity of low rated crypto exchanges just keeps increasing. Top-tier exchanges and institutional Bitcoin products saw their trading volume decreased by more than 31 percent since August, while low-quality exchanges had higher volumes, trade sizes, and trade counts. Well known exchanges losing their grip over the market CryptoCompare‘s monthly […]

Cardano is in the spotlight for over the last few weeks as a wave of developments and partnerships are unveiled. Meanwhile, ADA’s market value continues lurking. Road to decentralization David Desser, senior product manager at Cardano, recently revealed in a live AMA session that the company’s team is set to launch the incentivized testnet for […]

It’s been a hard year for crypto users in the US. The IRS has started chasing down crypto taxes, various exchanges have withdrawn services from US users, and most recently, Telegram has come under the wrath of the SEC, accused of selling unregistered securities. However, despite all this, the US crypto scene continues to thrive. […]

The following technical analysis will evaluate two different price points that must be broken in order for Bitcoin to turn bearish or bullish. Bitcoin technical analysis For the past, month Bitcoin has been consolidating between $7,800 and $8,600. Every time it reaches the support level it bounces off to the resistance level. But, when it […]

The Ethereum (ETH) price has dropped by 88 percent from its record high at $1,448, showing a sluggish price trend year-to-date. Yet, according to investor Spencer Noon, the fundamentals of the asset remain strong as the total value of Ether locked in DeFi apps continues to increase. Spencer Noon, an investor at DTC Capital, compared […]

On Sunday, Oct. 20, crypto analyst Alistair Milne shared a chart that shows Bitcoin breaking its monthly downward trend, finishing its weekly close up 4 percent in the past 24 hours. Over the past month, Bitcoin is down 18 percent from its Sept. high of $10,182. Since the July 2019 high, the Bitcoin price has […]

Two weeks ago, it was announced that IOV Labs, the parent company of smart contract platform RSK, has acquired Latin American social media network, Taringa. With 30 million users, Taringa is the fourth largest social media operator in the region. In the press release accompanying the announcement, IOV Labs alludes to its ambition to introduce […]

Speaking to CryptoSlate in an exclusive interview, Binance Futures Director Aaron Gong said that the Bitcoin futures volume in 2019 increased significantly, expressing confidence in the long term trend of the market. Earlier this week, on Oct. 18, Binance Futures increased the maximum leverage of BTC/USDT (Tether) to 125x, offering a leverage that is higher […]