News

XRP has proven a safe harbor during this week’s market downturn. Ripple’s strategic partnerships, technological advancements, and community enthusiasm have allowed the cryptocurrency to gain footing in the market, resulting in a stellar 2018 performance. In the last seven days, the markets have plunged by 18 percent. Yet, XRP has fallen a modest 3.2 percent. […]

As Bitcoin plows through support levels that many thought were prehistoric, investor sentiment has all but sunk to a standoff between capitulating defeatists and grim-faced, but defiant, maximalists. The expected confusion of explanations has emerged for the coin’s ferocious sell-off, seeing prices wind the clock back to October 2017. There’s the noise that the US […]

The market’s imploding capitalization seems to have sparked an industry-wide battle cry to build and bring to fruition blockchain’s unrealized potential. And as Binance’s defiantly cheery CEO Changpeng “CZ” Zhao pointed out, it seems that developers have answered the call. The ubiquitous executive and Twitter personality highlighted in a tweet, Nov. 20, that a number […]

Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic. Mining is a process where computers continuously solve a difficult algorithm in exchange for cryptocurrency. This exchange consumes a massive amount […]

On Nov. 20, Bitcoin (BTC) shredded past its $5000 resistance-level to the $4000 price range, dragging most of the market downwards. Correspondingly, the altcoin market is devastated with Bitcoin and XRP absorbing lost market share. Bitcoin and Overall Market Capitalization The market hits new lows with Bitcoin falling towards $4000; going as low as $4050 on […]

Ethereum’s new Serenity update, which will enable the network to transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus model, has been generating a lot of hype in 2018. Apart from addressing the problem of scalability, the new chain also drastically reduces the cost for running a staking node in Ethereum 2.0, it was […]

On Nov. 20, Bakkt, a cryptocurrency platform operated by ICE, the parent company of the New York Stock Exchange, delayed the launch of its Bitcoin futures market from December 12 to Jan. 24, 2019. An official document released by ICE read: “ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract […]

NBA superstar and “investment genius” Kobe Bryant is speaking at TRON’s niTROn Summit 2019 in San Francisco on Jan. 17. NBA Superstar Kobe Bryant Today, TRON released a press release saying that Kobe Bryant would be a special guest and speaker at the niTROn Summit, a blockchain event meant to bring together industry leaders to explore solutions […]

The zero-sum game that is trading has traditionally been a tough sell for retailers, who may seldom come out on top in their daily tug-of-war with the deep-pocketed institutions that wrap most markets around their fingers. CryptoSlate, however, sat down with the chief executive of Rise, who is planning to repurpose its institutional-grade, AI-powered trading […]

The market continues on a downward spiral; $45 billion evaporates from aggregate cryptocurrency market capitalization. Bitcoin hits a year-long all-time low of $5000. All cryptocurrencies deep in the red, with XRP as an outlier. Over the last two months, the market has been relatively peaceful, with primarily sideways movement with Bitcoin hovering at $6300-$6600. This week, […]