Tezos, IOTA, and BAT have all shown negative returns from October to date; Tezos [XTZ] has the least negative return in comparison with a -7.99% return as of this writing. Following Tezos is IOTA with a -11% return and BAT has a -18% return for the same time period. The altcoins have been brutally beaten...Read More
Deposits to the ETH 2.0’s deposit contract have grown considerably over the past few days, which witnessed the most growth since the contract launch recently. Source: Dune Analytics Over 102k ETH has now been sent to the ETH 2.0 deposit contract, however, despite this, considering the current pace of staking, many remain uncertain that the...Read More
The impact of the world’s largest cryptocurrency’s price movement was evident this week after many of the crypto-market’s alts followed BTC’s lead to record gains of their own on their charts. Interestingly, while Bitcoin was continuing to consolidate after failing to sustain a breach of the much-anticipated $18K-mark, most alts were already starting to see...Read More
Polkadot has competitors that claim the same thing as DOT – throughput that achieves scalability, lower fees, security, and the ability to build a defi ecosystem on its chain. However, only a few actually deliver these things and are yet to gain adoption. The adoption isn’t here yet due to the fact that Ethereum is...Read More
The root cause of IOTA’S mainnet incident that took place last week was identified to be related to the infrastructure and deployed software which was unable to process all the transactions into the network. In a Github report published by Jakub Cech, the Director of Engineering at the IOTA foundation, the incident was addressed as...Read More
For all the talk about an incoming altseason, Bitcoin’s movement is the one that catches the imagination of most in the crypto-market. Owing to its market share and the high correlation stats it shares with most altcoins, BTC’s hikes and falls usually determine the direction of the general market movement. The same was evident when...Read More
The decentralized finance [DeFi] ecosystem has been booming. Its total market capitalization has reached $17.662 billion, while Ethereum’s market cap has been close to $53.994 billion, at press time. DeFi market cap is over 30% that of Ethereum and it does not seem to stop here. Many projects have contributed to the growth of DeFi...Read More
Everyone looks at Bitcoin and Etherum differently. To the ardent followers of one, the other is either too little or too much. To unfamiliar traders, they are just different ways of referring to cryptocurrencies. To crypto-folk, one is a currency, the other a utility. Whichever way you look at them, one thing is certain –...Read More
Bitcoin’s price performance over the past week seemed to have a uniform effect across most of the crypto-market after altcoins like EOS, Zcash, and Tron rallied across the board. At press time BTC was being traded at $17,675 with a trading volume of $26.7 billion. Source: CoinStats While corrections had already started setting in at...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Carano’s short-term market and its impact on the price The price of Bitcoin has been re-visiting old highs and has also ended up carrying many altcoins with it. Cardano [ADA] has been one of the major alts that has been moving...Read More
Qtum, the blockchain DApp platform, is set to become the new kid on the decentralized finance (DeFi) block with the launch of the QiSwap mainnet. As the first automatic market-making (AMM) protocol on Qtum, QiSwap brings Uniswap-like features to Qtum, allowing users to easily exchange QTUM and QRC20 tokens and provide liquidity — while benefiting...Read More
Chainlink has successfully been deployed on the Matic Network, as confirmed by an announcement today. Matic is now the second blockchain after Ethereum to integrate Chainlink Price Feed Oracles. Five price feeds have already been launched on the mainnet: MATIC/USD, USDC/USD, ETH/USD, USDT/USD, and DAI/USD. As it stands, more price feeds are expected to follow soon...Read More
The prominent cryptocurrency exchange, BitMEX has been tightening the loose compliance ends within the exchange. The exchange has been assessing and introducing new tools to keep the compliance in check and the latest addition to the toolbox has been Refinitiv’s World-Check One tools. This new tool will allow the exchange’s compliance team to monitor for...Read More
B2Broker, one of the industry’s best-known liquidity and technology providers of solutions to the Forex and crypto industry, has just launched B2Margin White Label margin exchange trading platform. Margin trading is an established feature in Forex markets and it has now caught on in the crypto-world. Some of the big exchanges have already implemented leveraged...Read More
Over a month after suspending deposits and withdrawals from its platform, the popular cryptocurrency exchange OKEx has announced plans to reinstate those services by November 27th. CryptoPotato reported in mid-October that OKEx co-founder Xu Mingxing had been taken away by police officers and was still missing. The exchange halted withdrawals and deposits, claiming that a...Read More
After almost a month of zero completed withdrawals, OKEx has announced that it is opening its withdrawal services. There were rumors about the release of founder Xu Mingxing after which the OKB token experienced a 13% jump. However, there was no confirmation about it. Today, as per the announcement by OKEX, one of its “private...Read More
Earlier today, TrustSwap disclosed that they are currently working on an acquisition of another crypto company. The announcement states that TrustSwap is set to buy out another crypto company and onboard all of their assets, team, IP, etc to grow TrustSwap into an ‘absolute monolith’. TrustSwap anticipates that they will have all the details and...Read More
Bitcoin SV is currently stuck in a strong resistance range. In the past articles, we had discussed this particular range between $150 and $165 and collective bullish market sentiment also did not assist in a positive breach. The spike over the past 24-hour indicated a minor re-test at $180, but it quickly dropped below $165...Read More
Bitcoin’s brief breach of $18,000 and its sustained consolidation above $17,000 has renewed the bullishness in the market, with many of the industry’s alts climbing on the charts on the back of BTC’s performance. The cases of Monero, Ontology, and DigiByte followed this template, with their price performances replicating the general optimism in the market....Read More
Bitfinex’s derivatives platform is in the news today after it announced the launch of its perpetual contracts for IOTA, Chainlink, and Uniswap. Each of these contracts will offer users maximum leverage of up to 100x, leverage that is typical of such contracts and they will be settled in Tether (USDt) tokens. Interestingly, according to a...Read More
