Blockchain Bearish News
2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …
DeFi keeps booming as Binance’s DeFi Composite Index sees a new all-time high record while the TVL eyes $25 billion. …
There have been various fundraising mechanisms in the cryptocurrency space that gained and then fell out of popularity over the years. Starting with ICOs (initial coin offerings), moving to IEOs (initial exchange offerings), and now IDOs (initial DEX offerings), the way in which projects raise funds has continued to evolve. Although currently ICOs are almost […] …
TL;DR Breakdown China’s Blockchain Service Network (BSN) wants to build a universal digital payment network. The Asian country has taken bold steps towards embracing blockchain technology and digital currencies. China has begun working on a new blockchain initiative. The project, tagged Blockchain Service Network (BSN), is geared towards integrating international Central Bank digital currencies (CBDC). […] …
Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention […] …
TL;DR Breakdown Frank Giustra says that governments would stifle Bitcoin growth because of their CBDC projects. China launches a Digital Yuan ATM. Billionaire investor, Frank Giustra, has said that governments and central banks in the world will do all they can to stifle the growth of Bitcoin. In an interview with Daniella Cambone of Stansberry […] …
Charles Hoskinson, Cardano Founder, has predicted that the DeFi revolution will begin in the developing world. He also added that the 100 million market potential […] …
GG56 Ltd. is pleased to announce its participation in the Asia eHealth Information Network (AeHIN) MarketPlace, held virtually from Manila, Philippines on January 14th. The AeHIN promotes peer-to-peer collaboration among global organizations to develop and implement digital health initiatives across South and Southeast Asia. Its MarketPlace virtual conference was part of AeHIN’s 7th annual general […] …
While Ripple grapples with the SEC lawsuit against the company and its executives, more cryptocurrencies may be facing the same fate soon. Gary Gensler, the nominee for SEC chairmanship under Biden’s administration says there may be more unregistered securities like XRP out there, hence the need for stricter regulation of the space. Gensler who is […] …
Coinbase insists that its doors are open for any credible crypto to join its platform. However, only the cryptos that pass the listing procedure will be added onto the platform. In that sense, exchange makes it clear that it will only deal with coins that are compliant to regulatory policies. …
If you’ve been following DeFi on Twitter over the past few months, you likely know of the address with the prefix “0xb1.” I’ve tweeted about the address a fair bit.
The post A $400m Ethereum address known as “0xb1” is doing a giveaway to boost DeFi appeared first on CryptoSlate. …
In a bid to increase access to crypto-assets, Coinbase tries to list as many digital assets as possible. To achieve this goal, the exchange is launching a digital asset issuing platform, Coinbase Asset Hub. The platform will give the power of issuing assets to issuers with limited involvement of the exchange itself. “We are proud […] …
Top smart contract protocol Polkadot appears to be on a red-hot streak as it recently broke into the higher echelons of cryptocurrencies. It appears DOT, the […] …
TL;DR Breakdown: Polkadot crypto, DOT has risen to a new ATH of $11.60. It’s currently ranking as the fifth-largest digital currency by market capitalization. One of the biggest Ethereum blockchain rivals, Polkadot, has become the fifth-largest blockchain in the cryptocurrency market. The price of the blockchain’s native digital currency “DOT” recently surged to another level […] …
THORChain (RUNE) is surging higher today after the cryptocurrency joined hands with SushiSwap.
The post DeFi coin THORChain (RUNE) surges 30% following SushiSwap listing appeared first on CryptoSlate. …
P2PB2B exchange launches its own PACT token and will be granting it to the community from January 19. To have their own state within the crypto world is the PACT creators’ goal. The token holders will not only have their advantages but will also participate in a system with wide opportunities for trading, task completion, […] …
Both Bitcoin and Ethereum have seen large retracements since their recent highs of $42,000 and $1,350, respectively.
The post What is Avalanche (AVAX) and why is it up 125% this past week? appeared first on CryptoSlate. …
The Ethereum decentralized finance (DeFi) space saw a renaissance in 2020 led by the release of new platforms such as Aave and iEarn (now Yearn), along with the rise of liquidity mining schemes that managed to draw hundreds of thousands into this space.
The post Pro-Bitcoin U.S. Treasury official calls DeFi the future in op-ed appeared first on CryptoSlate. …
YouTuber and crypto trader Austin Arnold has predicted a high growth level for some cryptocurrencies, saying some can reach unprecedented levels next month. Among the […] …
Conflux stands as a blockchain startup based in Beijing, and had received a research grant worth $5 million by the Changing District Government as well […] …
The regulator issued the warning shortly after crypto markets took a hit on Monday.
The post Here’s why the UK financial regulator said crypto investors can “lose all their money” appeared first on CryptoSlate. …
The FCA has warned investors of the potential risks associated with allocating funds in crypto-related firms that lack regulation and promise high returns. …
TL;DR Breakdown Trong price prediction expects a fall to $0.026. Strong resistance lies at the $0.0330 mark at the time of writing. Strong support lies at the $0.0285 mark at the time of writing. The Tron price prediction by Kai Bruh suggests that the cryptocurrency will see a brief price correction towards $0.026 before it […] …
An interview by Alyona KarpinskayaInterviewing: Norbert Goffa Currently, everybody is talking about the skyrocketing price of Bitcoin. Did you expect that Bitcoin would reach its all-time high by the end of 2020? Frankly, I did not. I expected it to strengthen more by the end of the year, but nobody figured that it would happen […] …
The DeFi market has boomed in 2020, attracting billions of dollars across use cases like lending, derivatives, decentralized exchanges, and others.
The post Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people) appeared first on CryptoSlate. …
Another DeFi token went through a massive pump and dump cycle, increasing by 100x and losing it all in less than 20 hours. …
Long-time cryptocurrency investor and crypto Twitter personality “Crypto Cobain”, a.k.a.
The post Ethereum 2.0 staking service launches token with $1.4b fully diluted valuation appeared first on CryptoSlate. …
DeFi was the hottest topic of the year in the 2020 crypto realm.
The post Seven things the DeFi suite can do for you in 2021 appeared first on CryptoSlate. …
TL;DR Breakdown Bitcoin price prediction is beyond bullish territory as price touches all-time highs Bitcoin celebrates its twelfth birthday on January 3rd BTC/USD reached the zenith of $34,800 mark on the back of strong buying Correction towards $33,000 will help cool down technical indicators Bitcoin (BTC), the king of cryptocurrencies started the year off strong […] …
It’s been a brutal past two months for the DeFi market.
The post Top fund manager thinks Ethereum DeFi shorts make little sense here appeared first on CryptoSlate. …
Elrond is by far the best performing token of the leading 100 cryptocurrencies by market cap over the past week, with more than 110% as of writing these lines. ERD has surged by over 50% in the last 24 hours alone. Here is what might explain the price surge. Elrond Mainnet Can Be Interconnected with […]
The post Elrond (ERD) Skyrockets Another Daily 50% Following Integration of Swingby appeared first on CryptoPotato. …
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set to be launched between mid-July and mid-August. In a recent tweet, the team at BitTorrent (BTT) highlighted why its BTFS file system is better than […] …
The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of the top fiats, cryptocurrencies, and commodities gold and silver PegNet is the first proof-of-work oracle-based stablecoin network for DeFi Fixed $0.001 cost for all transactions and conversions within the PegNet system PegNet community launches the first mobile wallet for users on the android app store. Cryptocurrency users now […] …