Crypto recession strategy is becoming a challenge for most startups during the COVID-19 induced recession in the global economy. The stock market collapsed and the cryptocurrency market especially the Bitcoin […] …
Tag: blockchain
Bitcoin Cash halving is happening now!
Bitcoin Cash halving is approaching us fast and the cryptocurrency has reportedly rallied before the halving event. Bitcoin Cash (BCH) would be completing its block reward halving in the next […] …
Bitfarms Streamlines Workforce As Coronavirus Threat Continues
Birfarms, a cryptocurrency mining outfit based out of Canada, would be trimming its staff. This is due to the coronavirus pandemic’s effects on its operations. […]
The post Bitfarms Streamlines Workforce As Coronavirus Threat Continues appeared first on InsideBitcoins.com. …
Fake Coinbase’s Brian Armstrong crypto scam detected on YouTube
YouTube stringent measures against crypto-related content appear to be bearing fruits. The recent detection of Coinbase’s Brian Armstrong crypto scam is a true testimony that the platform is working round […] …
Illegal darknet shops accepting crypto for COVID masks
As Coronavirus takes over the world, darknet sites now demand crypto for COVID masks. Darknet is the dirty underbelly of the technological revolution. Unfortunately, cryptocurrencies are often associated with shady […] …
Here’s the simple reason why the new class-action lawsuit against 11 crypto companies may soon be dismissed
Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors. Some of the defendants include notable exchanges such as Binance, Bitmex, and KuCoin, as well as prominent blockchain and crypto companies like TRON, Block.one, and […]
The post Here’s the simple reason why the new class-action lawsuit against 11 crypto companies may soon be dismissed appeared first on CryptoSlate. …
Analyst: Ethereum is now “Bitcoin’s backbone” and big money is taking notice
There’s no doubt that Ethereum is an integral piece of the crypto market, with the massive amount of Dapps and platforms being built upon its blockchain accounting for important infrastructure within the industry. Ethereum’s importance has only increased in recent times alongside the growing Decentralized Finance (DeFi) trend that has swept through the industry, attracting […]
The post Analyst: Ethereum is now “Bitcoin’s backbone” and big money is taking notice appeared first on CryptoSlate. …
Big crypto firms are purportedly laying off staff, but others are on hiring sprees
Many tout Bitcoin and cryptocurrency for their uncorrelated natures, their ability to simply not care what the rest of the world is doing. But, this is seemingly not true; reports indicate that a number of crypto companies have begun to lay off staff or have paused their hiring processes most likely in response to the […]
The post Big crypto firms are purportedly laying off staff, but others are on hiring sprees appeared first on CryptoSlate. …
Anchorage Trust Adds XRP To Asset List For Institutional Clients
Anchorage Trust Company, a qualified digital asset custodian company, has now officially added Ripple’s XRP token to its list of institutional custody solution assets. The […]
The post Anchorage Trust Adds XRP To Asset List For Institutional Clients appeared first on InsideBitcoins.com. …
Stellar Foundation fights Coronavirus with 2.5 million Lumens
The COVID-19 pandemic has attracted the blockchain community attention. The global scourge has seen Stellar fighting coronavirus with 2.5 million lumens donation. Through the Stellar Development Foundation, the funds will […] …
Tron’s (TRX) Bug Bounty Continues to Bear Fruit as the Network Blossoms 2 Years On
In brief: Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. Its Bug Bounty program is one reason the network continues to thrive. The backbone of any crypto project is always its community. The latter group of individuals are the first to believe in the project’s whitepaper and dedicate their funds towards […] …
Binance Completes the Acquisition of Cryptocurrency Market Aggregrator Coinmarketcap
Binance is continuing to increase its empire and suite of businesses. Its latest acquisition is that of market index aggregator Coinmarketcap. According to an official blog […]
The post Binance Completes the Acquisition of Cryptocurrency Market Aggregrator Coinmarketcap appeared first on InsideBitcoins.com. …
Bitcoin vs Gold: A $670M Bitcoin transaction requires just 26c in fees
In the classic and highly-talked-about Bitcoin vs Gold debate Bitcoin scored an easy win recently by facilitating a Bitcoin transaction worth six hundred and seventy million US dollars ($670 million) […] …
1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase
Coinbase, one of the world’s heavyweight exchanges, has recently invested 1.1 million in USDC to the decentralized finance protocols of PoolTogether and Uniswap. Pushing In […]
The post 1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase appeared first on InsideBitcoins.com. …
Bitcoin Core code gets buried inside an Arctic mountain
For the next 1,000 years, the Bitcoin Core code will be buried in an Arctic mountain, GitHub has revealed. Set in an icy Svalbard mountain in Norway, the location is […] …
Bitcoin price indicator showing a reversal coming?
Bitcoin price has been going through a rather weird time where the king of cryptocurrency has constantly been trying to stabilize in a specific price zone. Though there has been […] …
What’s holding Bitcoin back – business or consumers?
Though Bitcoin started 2020 with a bang, it’s worth taking the start of a new decade to reflect on the state of the original cryptocurrency. Doing that, we can really only draw one conclusion: it has failed to live up to the hype. Don’t get me wrong. Even over the past few months, we’ve seen […]
The post What’s holding Bitcoin back – business or consumers? appeared first on CryptoSlate. …
This on-chain indicator may spell trouble for the 88% of Ethereum investors who are underwater
Data shows that a whopping 88 percent of Ethereum investors are currently underwater on their investment, with the crypto’s massive decline from its all-time highs leaving a trail of financial destruction in its wake. This figure, although already shockingly large, may balloon even more in the weeks ahead, as some grim on-chain data suggests that […]
The post This on-chain indicator may spell trouble for the 88% of Ethereum investors who are underwater appeared first on CryptoSlate. …
IE Option Launches a 2-BTC Bonus Campaign to Promote Crypto Options Trading
IE Option, a London company that provides options trading service for cryptocurrencies, has officially launched a 2-BTC deposit bonus campaign for all deposits since March 2020. This promotion is upgraded […] …
OKCoin to Expand Into Japan, Accepting Pre-Signups Now
OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
The post OKCoin to Expand Into Japan, Accepting Pre-Signups Now appeared first on InsideBitcoins.com. …
OKCoin to Expand Into Japan, Accepting Pre-Signups Now
OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
The post OKCoin to Expand Into Japan, Accepting Pre-Signups Now appeared first on InsideBitcoins.com. …
It’s almost impossible for Bitcoin to be supplanted by an altcoin; here’s why
For over a decade, Bitcoin has been the king of the crypto industry; more accurately, it’s the so-called “grandfather” of cryptocurrencies, the first that spawned the rest. Over the majority of this decade, the asset’s primacy hasn’t been threatened. But, ever since 2017’s bull run, there have been some claiming they’ve created a “better Bitcoin” […]
The post It’s almost impossible for Bitcoin to be supplanted by an altcoin; here’s why appeared first on CryptoSlate. …
Chinese Blockchain Service Network to launch in April 2020
A Chinese Blockchain Service Network comprising of local banks, groups, corporations, and technology companies will be launched sometime in April. Backed by the government itself, the BSN platform will surely […] …
Volatility Ahead: More Than 50K In BTC Options Contracts Set to Expire
Bitcoin has had a rough March in any measuring stick, with the coin itself halving in value in the span of a week. However, as […]
The post Volatility Ahead: More Than 50K In BTC Options Contracts Set to Expire appeared first on InsideBitcoins.com. …
Several key metrics suggest that Bitcoin could be preparing for a power move
Key metrics show that bulls may be betting heavily on Bitcoin as the coin reclaims ground from its late-February tumble in tandem with the global economy. Investors seem to be accumulating with real conviction. Bitcoin’s 7-day trading average volume as measured by the Bitwise 24-hour “real” spot volume index is at the highest level since […]
The post Several key metrics suggest that Bitcoin could be preparing for a power move appeared first on CryptoSlate. …
Bitcoin price drop to $2.4k still possible: analyst
Bitcoin price predictions keep pouring in but this one is important since it comes from the guy who predicted the 12th March Bitcoin movement. The market data has been showing […] …
Bitcoin difficulty dropping isn’t all that positive as many claim, as seen in Dec 2018
The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.13 percent. Yet, BTC did not recover until four months […]
The post Bitcoin difficulty dropping isn’t all that positive as many claim, as seen in Dec 2018 appeared first on CryptoSlate. …
Bitcoin Suffers Almost 45% Drop In Hashrate Compared To 2020 Peak
The Bitcoin (BTC) network has taken a massive hit in terms of hash rate. The steep dive knocked out almost 45% from the 2020 peak […]
The post Bitcoin Suffers Almost 45% Drop In Hashrate Compared To 2020 Peak appeared first on InsideBitcoins.com. …
Why this cryptocurrency just surged 16% on news of a key Binance partnership
BAT, the native cryptocurrency of the Brave Browser, spiked by more than 16 percent following a Binance trading widget integration. The Brave team said: “Brave Software and Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users, today announced a partnership that enables Brave browser users to seamlessly trade […]
The post Why this cryptocurrency just surged 16% on news of a key Binance partnership appeared first on CryptoSlate. …
ASX Enacts Further Delay On Blockchain Settlement Launch Due To Coronavirus
The Australian Securities Exchange has enacted another postponement in regards to the launch of its planned blockchain settlement system. The reason for this delay, in […]
The post ASX Enacts Further Delay On Blockchain Settlement Launch Due To Coronavirus appeared first on InsideBitcoins.com. …
Tezos Foundation Significantly Liquidates Its Bitcoin Asset Portfolio Section
The Tezos Foundation, one of the most reputable crypto firms in the world, has reduced the percentage of its Bitcoin portfolio. According to the firm’s biannual report that […]
The post Tezos Foundation Significantly Liquidates Its Bitcoin Asset Portfolio Section appeared first on InsideBitcoins.com. …
Why Ethereum locked in DeFi plunged $600m after intense 57% ETH drop
The total amount of Ethereum (ETH) locked in decentralized finance (DeFi) platforms plunged by more than $600 million since February 16. It coincided with a 57 percent drop in the price of ETH from $280 to $120. DeFi platforms like MakerDAO have gained significant popularity in recent months by allowing users to issue loans on the […]
The post Why Ethereum locked in DeFi plunged $600m after intense 57% ETH drop appeared first on CryptoSlate. …
That’s right, the correlation between Bitcoin and U.S. stocks is hitting a record high
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Binance stablecoin’s exponential growth shows crypto investors are flocking for safety
Binance’s BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the crypto and global financial market. Two weeks ago, $BUSD ranked 6th in market cap for the stablecoin market. As of today, BUSD is now in the top 5, and is closing […]
The post Binance stablecoin’s exponential growth shows crypto investors are flocking for safety appeared first on CryptoSlate. …
Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom
The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500. One prominent investor within the blockchain and cryptocurrency industry is now noting that investors should keep […]
The post Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom appeared first on CryptoSlate. …
Crypto is dead: Crypto fund founder claims
The aftershocks of the current crypto market crash are giving way to Crypto is dead cries as a hot topic for forthcoming months. The collapse of DeFi tools is one […] …
Zimbabwe Set to Provide Regulatory Framework for Cryptocurrencies
Zimbabwe could be the first African country to provide clear regulations, as reports are now pointing to possible legalization of digital assets in the country. […]
The post Zimbabwe Set to Provide Regulatory Framework for Cryptocurrencies appeared first on InsideBitcoins.com. …
Bitcoin hashrate barely dropped price crash to $3,600: here’s why it’s a positive sign
The hashrate of the Bitcoin blockchain network barely flinched as the price of BTC plummeted to $3,600, by around 50 percent within a 24-hour span. It may indicate that big mining firms have not capitulated amidst the drop, going in line with theories put out by respected industry executives. What’s the theory? and is Bitcoin […]
The post Bitcoin hashrate barely dropped price crash to $3,600: here’s why it’s a positive sign appeared first on CryptoSlate. …
GoldFinX blockchain aims to bring transparency to gold mining
The GoldFinX blockchain aims to bring more transparency into the conventional gold mining operations using blockchain. The new solution will allow users to track gold right from the mining stage to the final destination in the supply chain. Hopefully, it will bring more clarity about ore mining – a process often viewed with skepticism. As […]
Major Ripple supporter sells all of her XRP holdings due to toxic community
Tiffany Hayden, once one of the Ripple’s biggest supporters and self-proclaimed CEO of XRP, has sold off her XRP holdings due to constant attacks from the XRP community. The blockchain advisor said that the constant attacks she suffered from Ripple supporters caused her to sever ties with the project. Major Ripple supporter dumps all of […]