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Categorie: CryproSlate

Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi

Posted on juli 26, 2020 by Blockchain News

Financial market data from South Korean banks will now feature on Chainlink’s decentralized oracles services, as announced at an event in Seoul on Friday. Hyperledger-based CenterPrime — which has access to the…

Cardano (ADA) rockets to fresh 2020 highs; Here’s what’s behind this movement

Posted on juli 26, 2020 by Blockchain News

Cardano’s price just set a fresh 2020 high. Today’s sharp climb comes shortly after the Shelley mainnet transition process was launched, with ADA investors taking this as a “buy the news” opportunity….

Top investor expects the billions locked in Bitcoin forks to flow to BTC or DeFi

Posted on juli 25, 2020 by Blockchain News

Love them or hate them, some of Bitcoin’s biggest forks still have a market capitalization in the hundreds of millions or even billions. CryptoSlate data depicts this trend well: Bitcoin Cash has…

A Wall Street veteran revealed he just bought Ethereum as DeFi sees rapid adoption

Posted on juli 25, 2020 by Blockchain News

It’s been an explosive past few days for Ethereum. According to CryptoSlate data, the leading cryptocurrency is up by nearly 20 percent in the past 72 hours, rallying from approximately $245 to…

Ethereum long positions on Bitfinex soar to $510M as uptrend builds momentum

Posted on juli 25, 2020 by Blockchain News

Ethereum’s price has been caught within the throes of an intense uptrend throughout the past few days, surging from its recent low of $230 to a high of $285 that was set…

Analysts expect Ethereum to see an explosive movement as options OI rockets

Posted on juli 22, 2020juli 22, 2020 by Blockchain News

Ethereum’s price action over the past several weeks has grown closely tied to that of Bitcoin. Although in recent times this has caused ETH to see a prolonged bout of sideways trading,…

U.K. strengthens consumer protection laws for Bitcoin and crypto ads

Posted on juli 22, 2020juli 22, 2020 by Blockchain News

Cryptocurrency firms advertising to U.K. citizens will be governed by legal regulations for marketing their products, as per Her’s Majesty Treasury announcement Monday Crypto ads to be scrutinized  The HM Treasury is…

Altcoins are going parabolic, but a VC says Bitcoin and DeFi will grow in “lock step”

Posted on juli 22, 2020 by Blockchain News

Unlike normal, the crypto spotlight has been focused on Ethereum’s budding decentralized finance (DeFi) ecosystem over the past few weeks, not on Bitcoin. This is for good reason: as CryptoSlate data indicates,…

eToro: Crypto “finally” has a use case, and it’s not DeFi or Bitcoin

Posted on juli 21, 2020 by Blockchain News

A new report jointly-published by eToro and The TIE laid out their research on the cryptocurrency landscape for Q2 of 2020. Among the main takeaways is the booming use of stablecoins, the…

Ethereum has stalled after 180% rally but its on-chain case remains strong

Posted on juli 21, 2020 by Blockchain News

Like Bitcoin, Ethereum’s price has flatlined over recent weeks. According to CryptoSlate data, the leading cryptocurrency has traded between $215 and $250 for the past seven or eight weeks, barely deviating from…

Tether (USDT) is about to pass Bitcoin’s average daily transaction value

Posted on juli 21, 2020 by Blockchain News

The stablecoin sector has been seeing tremendous growth throughout the past year. This has led Tether’s daily transaction value to nearly flip that of Bitcoin. The growth this fragment of the crypto…

Options market predicts chance of Bitcoin hitting all-time high in 2020 is 4%

Posted on juli 21, 2020 by Blockchain News

Bitcoin’s multi-month consolidation phase is narrowing as the cryptocurrency now trades between $9,100 and $9,200. The incredibly low volatility that has come about as a result of this has only been seen…

As Hong Kong banks censor millionaires for pro-democracy ties, Coinbase CEO calls for open finance

Posted on juli 21, 2020 by Blockchain News

Accredited investors in Hong Kong are facing scrutiny from wealth managers and banks globally — the latter searching for investor ties to a pro-democracy narrative. Coinbase CEO Brian Armstrong called the above…

Japan: Bitcoin-friendly central bank creates digital currency division

Posted on juli 21, 2020 by Blockchain News

Japan’s central bank — the Bank of Japan (BoJ) — confirmed Monday it has created a new division to research and study the issuance of digital currency. Colloquially the “digital yen,” the…

The biggest thing since Bitcoin? New AI protocol scares Twitter users

Posted on juli 21, 2020 by Blockchain News

While Bitcoin has yet to go entirely mainstream, it has been deemed one of the world’s most important innovations of the past two decades. After all, the launch of the cryptocurrency solved…

The number of large transactions on Chainlink increased 15x in 2020

Posted on juli 21, 2020 by Blockchain News

After the price of its native token LINK reached its all-time high last week, Chainlink has seen its on-chain metrics skyrocket. Data from crypto analytics company IntoTheBlock has shown that the number…

Not a trader? Here are 5 other ways to earn Bitcoin (BTC) in 2020

Posted on juli 20, 2020 by Blockchain News

The world of Bitcoin trading is equal parts alluring and intimidating. The former throws up images of “Lambos” and private jet trips around the globe while the later means account blow-ups and…

How Chinese crypto investors may help fuel the DeFi sector’s rise

Posted on juli 20, 2020 by Blockchain News

The decentralized finance sector has been grabbing the attention of crypto investors throughout the past couple of months, as virtually every associated token has been posting massive gains. Despite seeing parabolic growth,…

CME futures traders widely bearish on Bitcoin as a big movement looms

Posted on juli 20, 2020 by Blockchain News

Bitcoin’s ongoing consolidation phase has been perpetuated by limited liquidity and cratering trading volume. This has caused the cryptocurrency to trade within the lower-region of its long-held trading range between $9,000 and…

Ethereum’s latest DeFi token just launched, and it’s 2,000% above its seed price

Posted on juli 20, 2020 by Blockchain News

While Bitcoin and Ethereum have continued to stagnate, it is clear that the decentralized finance (DeFi) finance craze is alive and well. In a single day, two tokens in this segment of…

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