This past week Ethereum Classic suffered not one, but two 51% attacks. The culprits were able to make off with millions as a result. While this doesn’t directly cause the underlying network to slow, due to the attacks this cryptocurrency’s confirmation times have increased drastically. Exactly how bad have these attacks hurt ETC? Crypto As…
One of the biggest crypto narratives over the past few months has been decentralized finance — better known as “DeFi.” Coins pertaining to this segment of the blockchain space have gone parabolic and users of DeFi protocols have shot up. Coinbase, seemingly, is taking notice. The leading crypto-asset exchange announced that it is looking to…
Although most investors are keeping a close eye on Bitcoin, some crypto assets have been seeing extremely strong performances as of late.In the past day alone, more than a dozen altcoins in the top 100 cryptocurrencies are up more than 10%. This is a performance that strongly outpaces Bitcoin’s 1% gain and Ethereum’s 1.2% move…
The popular crypto exchange Coinbase has come under scrutiny recently by the greater cryptocurrency community, after widespread frustration over system outages during peak Bitcoin volatility has boiled over.What’s causing the issues and why can’t Coinbase keep up with the meager crypto demand currently, and what does this mean for the next bull market if and…
Yesterday, Bitcoin price collapsed from a high of $9,300 to a low of $8,650 just ahead of an important weekly close.The selloff, according to data, was primarily driven by spot markets, specifically the popular cryptocurrency exchange Coinbase.Coinbase Users Lead Sunday Bitcoin Bloodbath Ahead of Weekly CloseStarting in the early hours of Sunday night, users of…
Bitcoin hasn’t done too hot over the past hour. After closing Saturday’s candle at $9,600, the cryptocurrency fell off a cliff, hitting a low of $8,100 on some exchanges on an influx of sell orders. This marked a nearly $2,000 reversal from where Bitcoin was trading at just 24 hours earlier.Few traders were ready for…
Bitcoin was the first-ever cryptocurrency to be created, and the leader of the entire crypto market.So then why is the most powerful crypto company CEO so skeptical of the asset’s future?Bitcoin Tech Showing Signs of Age, Altcoin Attributes ShineBitcoin was first designed in 2008 by the mysterious, pseudonymous Satoshi Nakamoto.The disruptive, decentralized cryptocurrency was the…
The cryptocurrency known as Tezos has been the shining star of the altcoin market over the last two months, rising over 200% in value since the start of the year. But a nearly 40% crash over the last week has cut the rally back down to size.However, large players have been buying the Tezos sold…
Tezos has been on fire over the last six months, rising over 400% in that timeframe and leaving investors scratching their heads as to what is fueling the astronomical rise.But could it be in part clever marketing from popular cryptocurrency platform Coinbase that is driving extreme FOMO into the number ten cryptocurrency by market cap?Tezos,…
In recent weeks, the one factor that prevented analysts from considering a new bull run was starting across cryptocurrency assets like Bitcoin and Ethereum, was a lack of new money entering the market.However, a premium on Ethereum prices on Coinbase suggests that fiat inflow has begun pouring into the exchange, and could cause an explosive…