Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event…
After five years of development, Cardano will launch the Shelley mainnet today at 21:45 UTC. The weekend saw a frenzy of activity from developers, IOHK, who were busy performing last-minute checks and tests to ensure a smooth transition from the Byron chain. “The current Cardano Byron mainnet will become the Cardano Shelley mainnet on Wednesday…
Bitcoin is surging higher after consolidating under $10,000 for a number of weeks and months. As of this article’s writing, the leading cryptocurrency is trading at $11,000 — a price nearly 20% higher than it was seven days ago. The asset is on track to hit $20,000 by year-end, according to a prominent cryptocurrency investor…
The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis on options contracts to capitalize on the volatility seen by Bitcoin and other digital assets. The options market’s influence over Bitcoin’s price dynamic is growing by the day, with trading volume on Deribit setting a record high yesterday.…
OKEx, one of the popular cryptocurrency spot and derivatives exchange platforms has added two new trading instruments to further expand its derivatives offering. The latest perpetual swap products to find a place for themselves on the list are DOTUSDT and FILUSDT, becoming available on the OKEx website and API at 7:00 AM UTC on July…
IOHK CEO Charles Hoskinson shared his prediction for the future of the Cardano ecosystem, in which he sees a project rivaling Ethereum in terms of the number of assets and dApps running on the platform. This time next year I predict there will be hundreds of assets running on Cardano, thousands of DApps, tons of…
The leading crypto spot and derivatives exchange platform OKEx has now started to accept the OK Blockchain Foundation’s global utility token OKB as collateral for C2C Loans. Apart from OKB, the platform also accepts collateral deposits in the form of Bitcoin (BTC) and ether (ETH), while keeping its options open to expand it further. With…
Another week, another round of Crypto Tidbits. At long last, Bitcoin and other large-cap cryptocurrencies are breaking higher. The market leader, for once, has posted a strong move over the past seven days, moving as high as $9,690. The pivotal $9,700 resistance was rejected — Bitcoin now trades for $9,650 as of this article’s writing. Yet…
While the winnings of a bank heist can be hard to track, it’s a different story for Bitcoin and crypto hacks. Unless hackers use mixing and privacy technologies, the coins they steal from exchanges and individuals can be tracked through the blockchain. This was recently shown to be the case with the BTC stolen from…
Bitcoin could be an integral piece to progressing the game of life, according to chess grandmaster Garry Kasparov. In a recent interview, the man widely considered to be one of the greatest chess players ever lauded Bitcoin, explaining that the decentralized digital currency is helping individuals to maintain personal privacy and liberty. He also explained…