Blockchain Bearish News
One of the most famous and influential Bitcoin whales who placed a bet on Bitcoin price decline on the crypto exchange website, Bitfinex, is back. The analyst and big-time investor got rid of his account on social media Twitter a few days back, citing that the publicity he enjoys on the app has done more […] …
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The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market.
The post On-chain metrics spell trouble as Bitcoin dips below $9,000 appeared first on CryptoSlate. …
Bitcoin’s price saw a sharp decline earlier today that came about close on the heels of news regarding a wallet from 2009 moving 50 BTC for the first time in a decade.
The post Sentiment data shows investors have overreacted to 2009 wallet’s 50 Bitcoin movement appeared first on CryptoSlate. …
Ethereum’s price action has been rather lackluster in recent times, but this hasn’t been enough to slow its thriving utility.
The post Ethereum sees booming demand as network utility continues growing appeared first on CryptoSlate. …
Justin Sun’s handling of the Steem network ever since its acquisition has been subject to much controversy, and rightly so. In recent times, this controversy […] …
It’s been quite the past few months for Bitcoin. In the face of a recession — a recession that central bankers are saying will be the worst in modern history, potentially worse than the Great Depression — the cryptocurrency market has not only rallied, but it has also seen positive news flow. So positive, in […]
The post Options data: Big Bitcoin traders are still betting on a “retrace” despite halving appeared first on CryptoSlate. …
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Five months into 2020, many have already declared that Bitcoin could be this year’s best-performing asset and that 2020 could be a repeat of 2017 when Bitcoin’s massive rally made many early holders into millionaires. Unlike a few years ago when Bitcoin was just traded among the techno-savvy, now it has attracted the most diverse […] …
Bitcoin’s now-concluded halving was the talk of the town in 2020. The May 12 event saw immense media spotlight and institutional interest in the broader cryptocurrency space. While some predicted an eventual drop in prices, others cite vastly changed economic and financial conditions than the past halving as a major differentiator. Finally a hedge Matt […]
The post Data reveals how 2020’s Bitcoin halving has a drastic fundamental difference than the past two appeared first on CryptoSlate. …
What is Litecoin? Dubbed “the cryptocurrency for payments,” Litecoin is a virtual currency that seeks to facilitate payments over the internet. Forked from the bitcoin blockchain in the year 2011, Litecoin was born to enable instant payments, something that Bitcoin was unable to do due to its slow transaction confirmation times. For instance, a transaction […] …
What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals through which centralized systems are supposed to be built on. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto […] …
While global markets have been hit with panic facing some of the worst challenges since the financial crisis of 2008, the crypto industry has solidified its power through one of the largest crypto mergers to date. Binance, one of the world’s largest crypto exchanges acquired CoinMarketCap (CMC), a platform that tracks the capitalization of different […]
The post What the implications of Binance’s acquisition of CoinMarketCap mean for crypto security appeared first on CryptoSlate. …
The Lazarus Group, a cyber terrorism group that may suspect to have ties with the North Korean government, is allegedly ramping up its efforts to […]
The post Report: Lazarus Group Ramps Up Cryptocurrency Theft appeared first on InsideBitcoins.com. …
According to a post that’s gone viral on Chinese social media Justin Sun’s Tron Foundation has supposedly received the pandemic relief grant of over $2 million from the US and has managed to pique several Twitter users. For anyone who has been up to the speed on Justin Sun founded Tron foundation, which also maintains […] …
The highly anticipated launch of Ethereum 2.0 may be coming sooner than previously expected, as one platform is noting that it could come about as early as July of this year. This transition will help Ethereum move to a Proof-of-Stake model that allows entities with over 32 ETH to become network validators in exchange for […]
The post Here’s why Ethereum 2.0’s July launch may be a “sell the news” opportunity appeared first on CryptoSlate. …
Unlike traditional assets, where each transaction is not recorded in a central database shared with the world, Ethereum and other cryptocurrencies are almost entirely transparent. One may not know who made a certain transaction or who owns an address, yet firms and individuals can all gain access to the metadata of every transaction that transpires […]
The post Crypto whales are showing there’s a perfect storm brewing for Ethereum appeared first on CryptoSlate. …
In the time following the insane crypto market bull run in 2017, XRP has consistently been one of the worst-performing assets, seeing a notable 40 percent decline in 2019 while failing to track the full extent of the aggregated market’s uptrend throughout 2020. Analysts are now noting that the cryptocurrency could be positioned to see […]
The post Analyst claims XRP may never recapture $1.00 as its underlying health degrades appeared first on CryptoSlate. …
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Kentucky Fried Chicken (KFC), one of the most popular fast food and restaurant chains in the United States, has stepped into the blockchain space. News publication […]
The post KFC Launches Blockchain-Based Digital Ad Pilot System appeared first on InsideBitcoins.com. …
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US Crude Oil shocked everyone. The majority of traders were confident that the price of the […] …
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support zone. Analysts across the world have constantly been calling for a recession but no one was prepared for yesterday’s (April 20th) price action of US […] …
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically changed for XRP since the exciting days of late 2017 and early 2018. Back then, XRP was also known as Ripple and the company had […] …
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. We also identified a few support zones that include $7,050, $6,900, $6,800 and $6,600. Why $7,050 is the Level to Watch […] …
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. …