News
Exchanges are eager to increase their trading volume. Higher volume results in more liquidity, which attracts more traders and ultimately results in higher revenue. Although many in the industry have pointed out the flaws... 4 min read →
Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week. The sudden increase in supply has resulted in accusations that Tether is, once again, engaging in... 2 min read →
The Harvard University endowment fund made an unprecedented investment in the cryptocurrency tokens of blockchain startup Blockstack, enabling the company to raise $48 million in its private token sale. According to a preliminary circular... 2 min read →
In the past week, the bitcoin price has increased by nearly 6 percent from around $5,000 to $5,300, following an initial 20 percent gain from $4,200 to $5,000. The short-term rally of the dominant... 3 min read →
Binance Coin, a widely-used utility token issued by Binance, was one of the best performing cryptocurrencies of 2019. Despite BNB’s impressive Q1 performance, Nick Tomaino, founder of crypto venture fund 1confirmation, thinks it’s the... 4 min read →
Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be... 2 min read →
Data shows that the Chicago Mercantile Exchange’s (CME) Bitcoin futures traded $563 million in volume on Apr. 4th while the top 10 crypto exchanges traded $685 million, suggesting Wall Street is now trading a... 2 min read →
Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their bitcoin and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan... 3 min read →
Litecoin saw breakout performance following similar pops from Bitcoin Cash and Bitcoin SV. However, after rocketing to $100 the price crashed back down to $73, with LTC now hovering in the high 80’s. Litecoin... 2 min read →
The explosion in BTC trading has caused transaction fees for the cryptocurrency to skyrocket. The latest blockchain data shows that Bitcoin transaction fees have increased over 500 percent since the start of the year,... 2 min read →
Yesterday, bitcoin’s price hit 5-month highs over the course of an hour—surging from $4,200 to $5,000. Was a 20,000 BTC order, worth approximately $100 million, the catalyst that triggered bitcoin’s breakout? Bitcoin’s Sudden Price... 2 min read →
Forks Bitcoin Cash (BCH) and Bitcoin SV (BSV) have posted astronomical gains following Bitcoin’s run up to $5,000. After getting decimated by the hash wars following BSV’s split from BCH, it appears that the... 3 min read →
The price of Dash (DASH) has seen a sustained month of growth, up from $84.0 to $111.2—a 32.4 percent increase. The upwards movement may be attributed to a variety of positive news around the project,... 2 min read →
CoinMarketCap, the leading cryptocurrency market data aggregator, has responded to the report recently published by Bitwise which showed evidence of fake volume reported from exchanges. The aggregator confirmed the concerns raised in the report... 2 min read →
ADA, the native crypto asset on the Cardano blockchain network, has increased by 8 percent on the day against both Bitcoin and the US dollar, maintaining its momentum throughout the past week. Within less... 3 min read →
Bitcoin has ended a six-month streak of losses, closing February up 11 percent. This is the fifth consecutive year Bitcoin has closed February while in the green. While some day traders are using the... 2 min read →
XRP is now available to retail investors on Coinbase and the Coinbase iOS and Android mobile apps. The move comes shortly after the exchange listed XRP on Coinbase Pro, its trading platform designed for... 2 min read →
Nasdaq, the world’s second-largest stock exchange with a market capitalization of over $10 trillion, is in the final stages of launching its XRP “Ripple Liquid Index” (RLX) and has successfully launched Bitcoin and Ethereum... 2 min read →
XRP was trading up at approximately 7 percent 15 minutes after the announcement, proving once again that Coinbase listings have a material effect on the price of a cryptocurrency. What was less expected was... 2 min read →
The Ripple community has hounded Coinbase on when it would add XRP to its trading platform. There is speculation that Coinbase delayed the listing due to potential securities classification of the cryptocurrency. However, today,... 2 min read →
