News

Following a massive sell order of more than 15,000 ETH that triggered a noticeable Bitcoin slump, another Ethereum whale set a buy order for almost 20,000 ETH on Binance. First thought to be a spoof, the order was quickly filled but prompted a widespread discussion on whether this was another whale’s attempt to manipulate the […]

Bitcoin has been in the spotlight lately after a tweet from U.S. President Donald Trump where he expressed his views on cryptocurrencies, stating that he was “not a fan” of Bitcoin and that its value was highly volatile and based on thin air. Since then, U.S. Secretary of the Treasury Steven Mnuchin held a briefing […]

Binance, the world’s largest cryptocurrency exchange by trading volume, recently revealed that the platform had earned 9.5 million Stellar Lumens (XLM) from staking the cryptocurrency. $775,000 of XLM Will Be Distributed to Binance Users In August 2018, the Stellar team advised Binance’s management regarding how to earn staking rewards by changing various parameters on the […]

China’s leading public blockchain projects, NEO and Ontology, will be working together on establishing the foundation for next-gen internet. In a press release shared with CryptoSlate, the companies said that the partnership will focus on building an open cross-chain platform. China’s blockchain giants come together Blockchain development had just gotten turbocharged in China, where two […]

Ripple and its associated cryptocurrency XRP are often conflated. Yet, partnerships announcements and updates from Ripple, even when unrelated to the token, impact the price. We interviewed a Ripple employee to better understand the relationship between the price of the token and the success of the company. Major news from Ripple seems to have a […]

Grayscale Investments, a New York-based digital currency asset management firm, released its investment report for Q2 2019. The company’s assets under management (AUM), primarily held in its Bitcoin and Ethereum trusts, have almost tripled in the past few months. The growth was largely fueled by institutional demand. According to the Digital Currency Group (DCG) subsidiary, […]

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks.” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space. During the hearing, which spanned more than […]

The team behind the Claymore (CLM) token project, a deflationary cryptocurrency launched on the Ethereum blockchain, appears to have pulled an exit scam. This, according to a post from a Reddit user, who revealed that all social media accounts associated with the Claymore token have now been deleted. As explained by its creators, the Claymore […]

The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U.S. doesn’t act quickly, Bitcoin could jeopardize the dollar’s dominance. Meanwhile, the Senate Committee was hostile towards the social media giant because of its […]

Forty-year trading veteran Peter Brandt made the headlines earlier this month when he stated that a violation of the “parabolic phase” that started in December 2018 could ignite an 80 percent correction of the entire parabolic advance. If current parabolic phase is violated, we could expect either an 80% correction of 7-month advance or much […]