Crypto News

Cardano’s Hoskinson spills beans about upcoming Byron Reboot roll-out

Cardano’s Hoskinson spills beans about upcoming Byron Reboot roll-out

Cardano has been on a roll since the start of this year. With numerous developments under its hood, 2020 is a very busy year for the ecosystem. While the launch of the long-anticipated OBFT ...

Blockchain-based firms’ publicly-listed stocks might not be valued correctly

Blockchain-based firms’ publicly-listed stocks might not be valued correctly

It’s generally well understood that institutional investors are averse to direct exposure towards Bitcoin and cryptocurrencies, which is why derivatives markets like on Chicago Mercantile Ex...

XRP could be in for downward movement as NVT Signal declines

XRP could be in for downward movement as NVT Signal declines

Despite XRP‘s considerable gains this year, the cryptocurrency appears to be stuck in a decline since touching its yearly high of $0.35 earlier this month. After a 23% drop in the days that ...

Bitcoin’s continuing growth may resurrect its narrative as transactional currency

Bitcoin’s continuing growth may resurrect its narrative as transactional currency

While Bitcoin maximalism or favoritism toward any cryptocurrency generally appears toxic and closed-minded, a significant number of people simply don’t want to interact with a complex crypto...

Exchange Reserves: How much secrecy is too much secrecy?

Exchange Reserves: How much secrecy is too much secrecy?

Bastions of trade and custody, cryptocurrency exchanges have ballooned in significance and wealth. The parallel gain in the price of the currencies they store has been an added boost. Around...

Bitcoin’s collateral position in DeFi is not a threat to Ethereum’s throne

Bitcoin’s collateral position in DeFi is not a threat to Ethereum’s throne

After recently locking down over a billion-dollars worth of digital assets in DeFi, it is safe to say that Ethereum’s decentralized finance applications are making a name for themselves in t...

Troubles Under the Sun: Buffett in Denial, Steem Grills Tron's Boss

Troubles Under the Sun: Buffett in Denial, Steem Grills Tron's Boss

Tron's founder Justin Sun seems to have landed in hot water at some point in the past, and he keeps on swimming in it. In the past several days, he had two more issues to address. Soon a...

Incognito Launches Anonymous Way to Swap Monero With Bitcoin & Co

Incognito Launches Anonymous Way to Swap Monero With Bitcoin & Co

Decentralized exchange Incognito added Monero (XMR) to its privacy-centered decentralized exchange (pDEX) for fully private Bitcoin or Ethereum swaps - no transaction records or any personal...

Bitcoin not catching the virus as correlations with COVID-19 emerge again

Bitcoin not catching the virus as correlations with COVID-19 emerge again

What is the most appealing characteristic of Bitcoin? There are many. But one that perhaps, stands out the most is that of its low correlation with the traditional market. Market commentator...

Ethereum poised for 200% pump; just ask the options traders

Ethereum poised for 200% pump; just ask the options traders

It’s no surprise Ethereum traders are high on optimism, but looking at the derivatives market for the altcoin, their heads are certainly in the clouds. Since the beginning of the year, the p...

Binance liquidity on the rise as BitMEX’s grip on market loosens

Binance liquidity on the rise as BitMEX’s grip on market loosens

According to data made available by crypto-derivatives analytics firm Skew, the $10 million daily average bid-ask spread on cryptocurrency exchange Binance has been falling steadily over the...

Ripple’s $11.3M infused funds recorded as ‘contra expense:’ MoneyGram

Ripple’s $11.3M infused funds recorded as ‘contra expense:’ MoneyGram

The San-Francisco blockchain company Ripple Inc. has forged many successful partnerships over the years. Among them, the firm’s relationship with one of the major players in the money transf...

Tezos, HBAR fall on unhappy times as Algorand, VeChain resume uptrend

Tezos, HBAR fall on unhappy times as Algorand, VeChain resume uptrend

The collective crypto-market registered a market cap of $285 billion. As Bitcoin grappled with a dominance of 62.8% and a dip in its value below $9,800, some of its peer altcoins maintained ...

Ethereum Options volume spikes on Deribit; Open Interest maintains stagnancy

Ethereum Options volume spikes on Deribit; Open Interest maintains stagnancy

Ethereum’s price has maintained a consistent uptrend since the start of the year. The coin that was trading at a low of $132.1 on 1 January has since posted YTD gains of 102.84% and was pric...

Bitcoin Cash could shoot to $442 or dip to $352 over the next week

Bitcoin Cash could shoot to $442 or dip to $352 over the next week

After touching nearly $500 in mid-February, Bitcoin Cash steadily made its way to the $370 level over the week that followed. Since then, members of the community have been eagerly anticipat...

Bitcoin will continue operating, even if a ban on crypto-exchanges is enforced

Bitcoin will continue operating, even if a ban on crypto-exchanges is enforced

The United States leads the world in almost all sectors, but many argue that it hasn’t really picked up the pace when it comes to cryptocurrencies. The fact that major cryptocurrency exchang...

Bitcoin Futures spreads on Kraken spike as BitMEX, Binance lay low

Bitcoin Futures spreads on Kraken spike as BitMEX, Binance lay low

The movement of Bitcoin has been the most speculated feature in the market. However, with the market recording great volatility, the price of the coin rises, falls, and moves sideways, all w...

Bitcoin’s fall might have highlighted an anomaly in its price

Bitcoin’s fall might have highlighted an anomaly in its price

Bitcoin’s price saw a rising wave carrying the price of the coin close to the $10k resistance. However, the coin once again failed to hold on to it. The rising wave crashed as the coin soon ...

Crypto Listing and Delisting Announcements: Week 8

Crypto Listing and Delisting Announcements: Week 8

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed somethi...

Ethereum’s early 2020 momentum will come back to haunt it

Ethereum’s early 2020 momentum will come back to haunt it

Even after gaining by over 100 percent from its price at the beginning of the year, Ethereum doesn’t seem to be dropping from its high perch. The world’s largest altcoin recorded the highest...

Bitcoin and other cryptocurrencies don’t need ‘catalysts’ anymore

Bitcoin and other cryptocurrencies don’t need ‘catalysts’ anymore

Decentralization has been the undying ethos of the cryptocurrency community since the inception of Bitcoin. The power of distributed consensus has been vastly understood by a substantial num...

Tron CEO’s ‘gift’ called into question after Warren Buffett denies owning any cryptos

Tron CEO’s ‘gift’ called into question after Warren Buffett denies owning any cryptos

“I don’t own any cryptocurrency and I never will.” These were the words of American investment magnate and CEO of Berkshire Hathaway, Warren Buffet. During a recent interview, Buffett, clear...

Bank of England exec highlights need to consider digital currencies as options

Bank of England exec highlights need to consider digital currencies as options

Facebook‘s Libra sparked a heated conversation on stablecoins and central bank digital currency [CBDC] issuance across the globe and as a result, several central banks have jumped into the c...

Japanese Finance Minister Urges China to Delay its Digital Fiat

Japanese Finance Minister Urges China to Delay its Digital Fiat

Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digita...

Bitcoin doesn’t have to be deemed legal tender to succeed

Bitcoin doesn’t have to be deemed legal tender to succeed

From the time Bitcoin gained public attention in 2017, reaching its all-time high of $20,000, to Facebook announcing the launch of Libra in 2019, central banks across the globe are fearing t...

Bitcoin longs worth $23 million liquidated as high volatility creeps in

Bitcoin longs worth $23 million liquidated as high volatility creeps in

On 24 February, Bitcoin’s price underwent a similar trend it has familiarized the market with. The price of the world’s largest cryptocurrency, in terms of market cap, started to ascend towa...

Senior Bank of England Official Calls for Urgent Digital Fiat Action

Senior Bank of England Official Calls for Urgent Digital Fiat Action

Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that cent...

‘World is Ready for Private Money’ - JPMorgan

‘World is Ready for Private Money’ - JPMorgan

The world may be on the verge of large-scale adoption of “private money” such as Facebook’s Libra, a major investment bank predicts, although there are still hurdles to overcome before the v...

Cardano Foundation’s VC deplores United States’ ‘most challenging’ regulations

Cardano Foundation’s VC deplores United States’ ‘most challenging’ regulations

The lack of regulatory oversight during the initial years of Bitcoin was both a boon and a bane. While it gave the nascent de-regulated industry the time and space to innovate, it also usher...

Bitcoin Futures volumes on CME, Bakkt dip as Open Interest recovers

Bitcoin Futures volumes on CME, Bakkt dip as Open Interest recovers

The erratic nature of the Bitcoin market has given way to many derivatives products. One of these additions was the Chicago Mercantile Exchange [CME] launching Bitcoin Futures in 2017. Even ...

DeFi attacks may be ‘fundamentally caused by centralization of power’

DeFi attacks may be ‘fundamentally caused by centralization of power’

Love it or hate it, decentralized finance has been taking the cryptocurrency space by storm in recent times. Using smart contracts on the blockchain, DeFi apps enable lending, borrowing, and...

Ethereum might climb to $320 next week after brief consolidation

Ethereum might climb to $320 next week after brief consolidation

Over the last nine weeks, Ethereum has been flashing green candles at the market, leading to its participants wondering how long this rally can last before a correction happens on a weekly s...

CBDCs, stablecoins may use fiat’s shortcomings to become money of the future

CBDCs, stablecoins may use fiat’s shortcomings to become money of the future

When the failures of fiat currencies are discussed, countries with deteriorating economies are often brought up. Venezuela, Zimbabwe, and Argentina, among others, have seen staggering levels...

Facebook’s Libra will definitely fail to ‘bank the unbanked:’ A. Antonopoulos

Facebook’s Libra will definitely fail to ‘bank the unbanked:’ A. Antonopoulos

From the time Facebook announced its plan to launch Libra in June 2019, controversies have followed the coin like a shadow; so much so that the very launch of the stablecoin is uncertain at ...

Bitcoin may be unprepared to support people during economic crises

Bitcoin may be unprepared to support people during economic crises

Bitcoin reaching its all-time high of $20,000 in December 2017 and mainstream media outlets discussing Bitcoin and other cryptocurrencies in recent times– these events have sort-of made the ...

Litecoin pushing above 61.8% Fibonacci line could facilitate surge to $90

Litecoin pushing above 61.8% Fibonacci line could facilitate surge to $90

Litecoin recently managed to cross the $78 level for the first time in five months, invigorating market participants with a renewed thirst for gains. And while the drop below the $70 mark th...

Bitcoin halving: Are Whales done Hodling?

Bitcoin halving: Are Whales done Hodling?

85 days remain until the next Bitcoin halving, an event following which mining rewards will become more scarce. And while many expect the world’s largest cryptocurrency to surge to new highs...

G20 Finance Ministers reiterate need for evaluation before ‘global stablecoins’ launch

G20 Finance Ministers reiterate need for evaluation before ‘global stablecoins’ launch

Following the latest G20 meetings in Riyadh, the Group of 20 Finance Ministers and Central Bank Governors have urged countries to implement FATF standards on cryptocurrencies and other virtu...

UAE bank to use RippleNet to enhance remittance footprint throughout the Philippines

UAE bank to use RippleNet to enhance remittance footprint throughout the Philippines

RAKBANK, a retail and business bank in the UAE, has partnered with BDO Unibank, a full-service universal bank in the Philippines, with a plan to enhance its current remittance footprint in t...

XRP could rise to $0.297 next week after quick correction

XRP could rise to $0.297 next week after quick correction

While the ascent of XRP to the $0.35 level earlier this month was very exhilarating, it left investors with much to be desired after its fall to the $0.26 range over the next two weeks. Howe...

Bitcoin Futures stall early as market springs a surprise

Bitcoin Futures stall early as market springs a surprise

A tale of two halves – Bitcoin Futures market edition. On 22 February, Bitcoin stayed flat. The reason this nonchalant movement bears significance owes to how the week started, with the comi...

Bitcoin and Oil show volatility convergence, price divergence

Bitcoin and Oil show volatility convergence, price divergence

Undoubtedly, 2020 will be a key year for Bitcoin in the macro-economic market. Competing with store-of-value assets like gold, oil, and market indices, as well as high market-cap stocks whil...

Bitcoin’s scalability woes may find relief in ‘flexible’ Taproot, Schnorr

Bitcoin’s scalability woes may find relief in ‘flexible’ Taproot, Schnorr

The Schnorr Signature and Taproot Softfork proposal marked a new milestone in January this year. Touted as one of Bitcoin’s most significant upgrades since its inception a decade ago, this s...

Chainlink, Bitcoin Diamond fail to shine as Cosmos, KNC gain toehold

Chainlink, Bitcoin Diamond fail to shine as Cosmos, KNC gain toehold

Despite the fact that the altcoin market managed to significantly push Bitcoin’s dominance to 62.7% this month, this asset class is still far behind. While many alts posted significant gains...

Litecoin’s consolidation between $73.84 – $76.60 may extend till February-end

Litecoin’s consolidation between $73.84 – $76.60 may extend till February-end

According to CoinMarketCap, Litecoin is the best performing crypto-asset in the top 10 over the last 24-hours. The coin registered a positive spike of 3.84 percent as it was valued at $76.27...

Probability of Bitcoin crossing $14k by June 2020 rises to 16%

Probability of Bitcoin crossing $14k by June 2020 rises to 16%

Minor alternation in HD if needed: Bitcoin’s probability to surpass $14k by June 2020 increases to 16% despite price fall The tussle between retail and institutional investors in Bitcoin Fut...

Bitcoin’s potential rally depends on its pullback; $9,075 or $9,600?

Bitcoin’s potential rally depends on its pullback; $9,075 or $9,600?

The prophecized golden cross is clearly taking its time to kickstart the rally. At press time, BTC was worth $9,670, slightly higher than last week’s close [$9598]. On the weekly time frame,...

Bitcoin halving effect: Mining revenue may fall by $3.1B

Bitcoin halving effect: Mining revenue may fall by $3.1B

With three months to go until Bitcoin‘s third halving, the entire crypto-community is anxious about what might happen to the king coin’s price post the big event. There have been many narrat...

Bitcoin Options’ Put/Call ratio being greater than 1 questions buyers’ optimism

Bitcoin Options’ Put/Call ratio being greater than 1 questions buyers’ optimism

Despite the fact that there are over 5,000 altcoins in existence, Bitcoin has continued to rule the space. As the king coin became more popular in the cryptocurrency market, so have the inst...

Ethereum’s impact on ‘alt season’ may diminish due to realized volatility

Ethereum’s impact on ‘alt season’ may diminish due to realized volatility

The crypto-market’s bullish rally in 2020 has not entirely been about Bitcoin‘s march from $7000 to $10,000. Altcoins have significantly climbed up the valuation ladder as well, with many ma...