Crypto News

Ethereum: Are enterprises moving from private-permissioned to public networks?

Ethereum: Are enterprises moving from private-permissioned to public networks?

Ethereum blockchain has been embraced by some of the world’s largest industry players. The world’s most popular smart contracts platform not only dominates the realm with respect to decentra...

Bitcoin CME premiums suggest mismatch in terms of Open Interest

Bitcoin CME premiums suggest mismatch in terms of Open Interest

Bitcoin is slowly trying to turn around its bearish losses suffered at the end of February with a monthly surge of over 8 percent in March. The market sentiment suggests that a reversal and ...

XRP/PHP liquidity hits ATH; Philippines corridor records surge in volume

XRP/PHP liquidity hits ATH; Philippines corridor records surge in volume

Ripple has had an incredible start to the new year. Its On-Demand Liquidity [ODL] and usage and payment volume have been breaking new records. According to the latest update by Liquidity Ind...

Bitcoin’s volatility may represent the trade-off to get into the system

Bitcoin’s volatility may represent the trade-off to get into the system

While Bitcoin has risen in price and popularity over the past decade, common misconceptions continue to hinder the greater mainstream adoption of the world’s largest cryptocurrency. At the e...

Bitcoin CME Futures continue to record low volumes as premium rate rises

Bitcoin CME Futures continue to record low volumes as premium rate rises

Bitcoin’s price is once again at the risk of falling under the $9k level. At press time, the last few candles on the Bitcoin chart were red, indicating that the price of the world’s largest ...

Litecoin’s active addresses count hits 8-month high; surges past 141K

Litecoin’s active addresses count hits 8-month high; surges past 141K

Litecoin’s on-chain metrics have slowed down after its second block reward halving in 2019. However, on a positive note, the network’s active addresses have now surged to an 8-month high of ...

IOTA, Algorand, VeChain follow Bitcoin’s footsteps to record considerable gains

IOTA, Algorand, VeChain follow Bitcoin’s footsteps to record considerable gains

Bitcoin continued to define the narrative for cryptocurrencies in 2020. When the fortunes of the king coin began to get better at the start of the month, smaller altcoins began echoing a sim...

Bitcoin might soon lose its ‘most volatile’ tag to the S&P500

Bitcoin might soon lose its ‘most volatile’ tag to the S&P500

Bitcoin [BTC], known for its volatility, has been experiencing a lot of ups and downs lately, price-wise. Amid the recent coronavirus outbreak, along with other assets like S&P500, Gold, and...

Increasing Bitcoin block size will affect those validating with ‘constrained bandwidth’

Increasing Bitcoin block size will affect those validating with ‘constrained bandwidth’

Bitcoin Block Size. These three words have been at the center of any discussion involving Bitcoin for the past few years; that is, any discussion not involving a debate on Bitcoin’s price. W...

Facebook’s Libra will take crypto into next phase: Epistrophy Capital’s Johnson

Facebook’s Libra will take crypto into next phase: Epistrophy Capital’s Johnson

2019 was all about Facebook’s announcement regarding its plan to launch its own crypto-project, Libra, the following year. Three months into 2020 and Libra hasn’t seen the light of day; not ...

Bitcoin’s on-chain fundamentals paint an optimistic beginning to March

Bitcoin’s on-chain fundamentals paint an optimistic beginning to March

The last two weeks of February went on for what seemed like an eternity for Bitcoin. The early year bullish momentum was severely hampered by back to back corrections as the king coin ended ...

Bitcoin: Poolin records ‘significant’ changes in wallet balance; selling or holding?

Bitcoin: Poolin records ‘significant’ changes in wallet balance; selling or holding?

Bitcoin’s price has risen and it’s now back in the game. The coin climbed by 4.34% over the past 33 hours, with the pump helping the coin surpass the psychological barrier at $9k. At press t...

Litecoin faces ‘March’ against time to reverse long-term trend

Litecoin faces ‘March’ against time to reverse long-term trend

With the market slowly picking up the pace in March, Litecoin’s valuation has been able to consolidate above $60 over the past few days. Its 24-hour trading volume recently slumped below $4....

Bitcoin’s trading dominance on Binance falls by over 13%

Bitcoin’s trading dominance on Binance falls by over 13%

Bitcoin’s price managed to surpass the $9k barrier once again and was trading at $9,122.88, at press time. However, in February, due to the constant dips in its price, Bitcoin’s dominance fe...

Venezuelan Petro Crypto Pay Platform Left in Two-month Limbo

Venezuelan Petro Crypto Pay Platform Left in Two-month Limbo

Venezuela’s biometric authentication-powered crypto payment system is still down, over two months after it went offline, causing havoc for traders across the country. The Biopago platform wa...

Bitcoin investors barely broke a sweat in troublesome February

Bitcoin investors barely broke a sweat in troublesome February

After coming close to breaching the $200 billion market cap again, Bitcoin’s downturn from $191 billion to $155 billion contributed to the world’s largest digital asset depreciating by 18 pe...

Bitcoin Options on Deribit now reporting $100M in trading volume regularly

Bitcoin Options on Deribit now reporting $100M in trading volume regularly

The beginning of 2020 has been like a nauseous ride on a roller coaster. With the fear of an imminent world war taking place one day to the Coronavirus pandemic taking over, we have survived...

Litecoin Bounces Off Firm Support as MimbleWimble Nears

Litecoin Bounces Off Firm Support as MimbleWimble Nears

Litecoin (LTC), the cryptocurrency created by Charlie Lee as a near-identical copy of bitcoin (BTC) in 2011, is once again gaining interest from investors as the price bounced off a key tech...

Bitcoin’s $9,000 struggle: Where art thou headed?

Bitcoin’s $9,000 struggle: Where art thou headed?

Over the last three months, Bitcoin has dipped below the $9000 level and resurfaced about 9 times. Yesterday was one such strut across the $9,000 level. However, BTC’s slow surge from $8,400...

Bitcoin’s historical ‘directionality’ might dictate price better than trends

Bitcoin’s historical ‘directionality’ might dictate price better than trends

Bitcoin‘s valuation dropped to as low at $8400 over the past week, but after a period of bearish pressure, the coin did manage to rise above $9000, at press time. Some short-term bullish mom...

IOTA, STEEM, Binance Coin undergo upside break as Bitcoin hits $9k

IOTA, STEEM, Binance Coin undergo upside break as Bitcoin hits $9k

As Bitcoin bulls marched above the key level of $9k with a dominance of 63.8%, the entire cryptocurrency market rallied to a market cap of $260.8 billion. After taking a dip, the altcoins ro...

Malta-based crypto-fund suffers data breach; 10K user records affected

Malta-based crypto-fund suffers data breach; 10K user records affected

The world of cryptocurrencies is not new to the concept of a hack. However, a data breach isn’t heard of as much. Malta today reported the first case of privacy breach wherein the Trident Cr...

With China driving Asian dominance in crypto, is the West lagging?

With China driving Asian dominance in crypto, is the West lagging?

Asia has been setting the pace in transforming the blockchain and crypto-ecosystem. This has been the case for a while now as over the years, not many countries around the world have truly w...

Binance issues Korean Won-pegged stablecoin – BKRW

Binance issues Korean Won-pegged stablecoin – BKRW

Malta-based cryptocurrency exchange Binance is in the news after it issued Binance KRW [BKRW], a BEP-2 stablecoin pegged to KRW [Korean won], in partnership with BxB, Inc. of South Korea on ...

Coinbase’s Armstrong: Blockchain to help crypto grow from ~50M to ~5B users

Coinbase’s Armstrong: Blockchain to help crypto grow from ~50M to ~5B users

Brian Armstrong, CEO and Co-founder of Coinbase, is of the opinion that there are many parallels between the Internet and the cryptocurrency market, opinions he recently presented in a Twitt...

Ethereum’s Buterin: Digitization is inevitable, with or without blockchain

Ethereum’s Buterin: Digitization is inevitable, with or without blockchain

Central governments across the globe are currently mulling over the need for a central bank digital currency [CBDC]. All thanks to China, for it was the first country to research and acceler...

Argentinian Provinces Mull Stablecoin-powered Answer to Financial Mess

Argentinian Provinces Mull Stablecoin-powered Answer to Financial Mess

More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins. As previously reported on Cryptonews.com, Josefina Canale, the provincial ...

Here’s how Ripple is making its presence known in South Korea

Here’s how Ripple is making its presence known in South Korea

The global remittance market is ripe for disruption and the San Francisco-based blockchain firm Ripple has been a well-known player in the field. With RippleNet, the firm has forged many par...

Ethereum’s Buterin: Proof-of-Stake is finally going to be real

Ethereum’s Buterin: Proof-of-Stake is finally going to be real

Ever since Ethereum was launched in 2015, it has been adopted widely by the crypto-space. However, while it arguably has been in the shadow of Bitcoin for a long time, given the Ethereum 2.0...

Ethereum rallies, but another dip under $229 is likely

Ethereum rallies, but another dip under $229 is likely

Ethereum has been considerably bullish since the start of March as the world’s 2nd largest crypto-asset appeared to marginally break away from its bearish rally. Ethereum was valued at $232,...

India: Bitcoin’s $870,000 weekly P2P volume sets stage for crypto-resurgence

India: Bitcoin’s $870,000 weekly P2P volume sets stage for crypto-resurgence

On 4 March, the Supreme Court of India ruled that the ban imposed by the country’s central bank, the Reserve Bank of India [RBI], on banks working with cryptocurrency service providers was “...

South Korean exchanges’ delisting spree may be blessing in disguise

South Korean exchanges’ delisting spree may be blessing in disguise

Bitcoin was the only cryptocurrency back in 2009. Today, there are a total of 5,164 cryptocurrencies. To say that the cryptocurrency market has grown is, therefore, an understatement. With n...

South Korea’s parliament reportedly ‘legitimizes’ Cryptocurrency as a legal entity

South Korea’s parliament reportedly ‘legitimizes’ Cryptocurrency as a legal entity

According to reports, a full session of the National Assembly of the South Korean parliament has passed an amendment to the Act on Reporting and Use of Specific Financial Information. Owing ...

Tezos, Steem, Bitcoin Gold, VeChain soar amidst global uncertainty

Tezos, Steem, Bitcoin Gold, VeChain soar amidst global uncertainty

The cryptocurrency market saw a wave of bullish sentiment entering selective alt-coin markets. On the one hand, Bitcoin [BTC] noted a devaluation of 1.43% over 24-hours, while on the other, ...

Bitcoin’s OI and volume put/call ratio close to historical low

Bitcoin’s OI and volume put/call ratio close to historical low

As Bitcoin struggled to recover from its radical devaluation, the Options market has been unveiling new findings. However, while Bitcoin noted YTD returns of 19.66%, the Options market revea...

Bitcoin Cash’s ascent to $348 may depend on Bitcoin’s rally

Bitcoin Cash’s ascent to $348 may depend on Bitcoin’s rally

Bitcoin Cash has easily been one of the top-performing coins in 2020, with the same recording a surge of over 138 percent between 1 January and 14 February. The price scaled from $218 to $49...

Bitcoin derivatives muted as Fed cuts interest rates

Bitcoin derivatives muted as Fed cuts interest rates

It’s official – the Federal Reserve is going into full panic mode. On 3 March, amid the Covid-19 market meltdown, the U.S central bank slashed interest rates by 50 basis points, the highest ...

Bitcoin’s rally in 2020 was organic and far from any manipulation

Bitcoin’s rally in 2020 was organic and far from any manipulation

Bitcoin made its presence known in 2020 in the best way possible. After sustaining a grueling bearish period over the 2nd half of 2019, Bitcoin’s price spiked from the get-go, rising by over...

Bitcoin’s NVT signal hints at an opportunity for traders

Bitcoin’s NVT signal hints at an opportunity for traders

The constant rise and fall in Bitcoin’s price over the past two weeks have been reflected in the fearful market sentiment. BTC’s price began its journey in March after recovering from its pr...

Bitcoin may protect investors from depleting fiat, not drowning economy

Bitcoin may protect investors from depleting fiat, not drowning economy

2020 has witnessed multiple global events, all of whom have had an impact on the broader financial market. With the recent increase in COVID-19 cases, investors and traders around the world ...

Binance Halts Trading Again Amidst Users' Growing Frustration

Binance Halts Trading Again Amidst Users' Growing Frustration

Major cryptocurrency exchange Binance has run into some issues again, second time in less than a month. Binance CEO Changpeng Zhao has tweeted to the exchange's users that trading has b...

Bitcoin’s rolling price volatility remains moderate as alts register spikes

Bitcoin’s rolling price volatility remains moderate as alts register spikes

On 3 March, the Bitcoin market saw buyers trying to push the value of the crypto upwards, but the bearish pressure became evident as BTC couldn’t hold its price at $8,896.42. The price slipp...

Facebook Libra’s new plans may be a Trojan horse to tackle China

Facebook Libra’s new plans may be a Trojan horse to tackle China

While Facebook’s plans regarding the launch of its own cryptocurrency have faced significant resistance from various regulators owing to the company’s history with privacy and user-data, the...

Facebook’s Libra Could Become a Multi-coin Payments Network

Facebook’s Libra Could Become a Multi-coin Payments Network

Facebook’s Libra project could turn into a network that accepts a wide range of coins, including central banks-issued digital fiats. Despite previously released plans to develop its own digi...

XRP Trades Lower While Ripple CEO Slams Bitcoin and Ethereum

XRP Trades Lower While Ripple CEO Slams Bitcoin and Ethereum

XRP, the token associated with the California-based fintech firm Ripple, is down 1% today, while other major coins dropped 1%-4% today, despite good news from India. At pixel time (13:00 UTC...

Bitcoin traders go long on Biden; shorting Sanders in 2020 race

Bitcoin traders go long on Biden; shorting Sanders in 2020 race

With Super Tuesday in full steam and derivatives platforms creating crypto-prediction markets, the race for the Democratic Primary elections is heating up. FTX, the cryptocurrency derivative...

Bitcoin Options volume, Open Interest on Deribit surge to new heights

Bitcoin Options volume, Open Interest on Deribit surge to new heights

The digital asset ecosystem has been losing sleep over the past 15 days after a bearish turnaround in mid-February contributed to a substantial dip in the prices of major crypto-assets. Coin...

Chainlink, Algorand, Dogecoin rally as Bitcoin reinforces market dominance

Chainlink, Algorand, Dogecoin rally as Bitcoin reinforces market dominance

While Bitcoin regained its dominance of 63.7% at press time, the collective cryptocurrency market cap continued to flatter to deceive. The same was recorded to be $252.2 billion after a shor...

India: Cryptocurrency trading using banks allowed as SC holds RBI circular ‘unconstitutional’

India: Cryptocurrency trading using banks allowed as SC holds RBI circular ‘unconstitutional’

The Supreme Court of India on 4 March announced its Judgment in the ‘Crypto v. RBI’case. The apex court has deemed the banking ban levied by the central bank of India as unconstitutional. Cr...

Litecoin’s MW testnet launch might alleviate any network concerns

Litecoin’s MW testnet launch might alleviate any network concerns

Litecoin has been working towards incorporating aspects of privacy in the near future over the past year, with the foundation working towards improving the privacy of transactions for its us...