One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold true in some cases with both Bitcoin and other assets, it is important to note that the narrative is laced…
Ethereum has had a remarkable year thanks to the DeFi explosion. Not since the ICO boom has the crypto asset seen this much demand, development, and network activity. And despite the recent plunge in Ethereum price, addresses have only grown, reaching a new all-time high and growing over 25% in 2020 alone. Here’s why Ethereum…
The cryptocurrency industry has been constantly evolving since Bitcoin made its first appearance over a decade ago. What started as a simple, decentralized, peer-to-peer method for value exchange has now given birth to Decentralized Finance (DeFi) movement. By leveraging the benefits of cryptocurrency’s underlying blockchain technology, DeFi offers a range of alternative financial services that…
Bitcoin has faced a strong correction over the past few days that has brought it over 20% below its year-to-date highs. Even still, the leading cryptocurrency has been garnering traction in the mainstream. This much was made clear just recently when Adam Curry, a media personality and podcaster, took to the Joe Rogan Experience. While…
Digitex Futures has already made a name for itself in the cryptocurrency space by launching the world’s commission-free BTC futures exchange in July. Since then, it has been growing its user base and adding additional markets including ETH/USD futures. And now, the ambitious young company has announced the next steps for Digitex, including a pivot…
The ongoing token sales of SaTT advertising ecosystem is a growing success and will shoot the advertising company into new heights. The core team announced today that they reached their softcap of $3,360,000 in just a few days. SaTT project prides itself as a connection between mainstream social networks and current modern integration of the…
Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for short, is currently being discussed as a way to accelerate blockchain development in the US. While the rest of the…
In the first crypto exchange hack of this bull market, a European crypto exchange was hacked for around $5 million. Only the exchange’s “hot” wallets were compromised per their report. A hot wallet is a cryptocurrency wallet connected to the Internet. For exchange, hot wallets are often used to enable fast withdrawal of one’s holdings,…
Centralized exchanges are playing a decreasingly important role within Bitcoin network activity, which is highlighted by the number of fees that stem from transactions taking place on exchanges. In past years, exchanges accounted for a far higher percentage of the transaction fees received by miners than presently. This seems to indicate that although exchanges still…
Throughout August, the crypto markets witnessed some turbulence. While Bitcoin was primarily stable between $11,000 and $12,000, smaller altcoins saw immense volatility, with the growth of the DeFi industry leading many to see parabolic momentum. Ethereum played a large role in this, as the demand for the blockchain’s network had a ripple effect that positively…