Crypto investors are growing fearful as Bitcoin trading volume wanes

Bitcoin is currently caught within a bout of consolidation within the lower-$9,000 region. This is around where it has been trading at for the past day, with buyers and sellers reaching an impasse as its upwards momentum stalls. This consolidation has sparked a decline in the benchmark cryptocurrency’s trading volume, which has previously been rocketing … Read more

Another Ethereum DeFi token surged 10,000% in 2 hours — an analyst thinks it was 4chan… again

Just days after an Ethereum-based decentralized finance (DeFi) token surged 400 percent earlier this week because of users of the anonymous messaging board 4chan, it happened again. And this time, the altcoin saw gains of more than 400 percent. Much, much more than 400 percent. The issue is: the token that rallied has no intrinsic … Read more

Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement

When Bitcoin crashed to $3,700 in March on the back of a global liquidation in financial markets, there were many throwing in the towel. At the time, there were prominent analysts calling for the cryptocurrency to fall under 2018’s lows, while critics doubled down on their assertions that BTC was a “scam” and an “asset … Read more

Despite ongoing rally, OmiseGo would need to rally over 1,400% to reclaim highs

OmiseGo – a relatively small crypto with a market cap of $261 million – has been caught within the throes of a parabolic uptrend over the past several days. This uptrend has allowed it to post some massive gains emblematic of those seen during 2017’s “altseason” – in turn drumming up significant interest amongst investors. … Read more

Along with holding $1b worth of Bitcoin, the Winklevoss Twins are Ethereum whales too

When you think of the Winklevoss Twins — Tyler Winklevoss and Cameron Winklevoss, one of two things likely springs to the front of your mind: 1) they helped to create Facebook, or 2) they’re Bitcoin billionaires. After settling with Facebook’s Mark Zuckerberg for $20 million and 1.2 million Facebook shares, they put a substantial amount … Read more

Here’s why the Reddit cofounder thinks it’s springtime for the crypto industry

2020 has been an interesting year for the crypto industry, with Bitcoin’s price action being largely driven by the volatility seen within the traditional markets. Although the future of the benchmark cryptocurrency remains unclear as its buyers and sellers reach an impasse, the Reddit co-founder believes there are a multitude of factors that suggest a … Read more

Bitcoin exchange exec: Chinese government was trying to suppress BTC’s price in 2013

While many don’t know it now, there was a time when China was a hub for all things Bitcoin. Bitmain — once one of the most valuable crypto-only companies —was launched in China. Many of Bitcoin’s earliest “whale” investors were from China. And a majority of crypto mining was (and still is) based in China. … Read more

Vitalik Buterin discusses how Google could use Ethereum for better “spreadsheets”

Naysayers of blockchain technology relegate to a singular narrative whenever given the chance — is blockchain or DLT any better than being a glorified database? When Vitalik Buterin, Ethereum’s co-founder, was asked the question, you’d bet his reply was nothing short of insightful. It’s all about centralization Udi Wertheimer, the host of the Reckless Review … Read more

Binance Research to reinvent site, integrating new crypto data tools from IntoTheBlock

Binance Research – the analytics division of cryptocurrency exchange Binance – is moving to reinvent their website, partnering with the Miami-based data visualization platform IntoTheBlock (ITB) to offer the crypto market with deep insights into on-chain data. News of the company’s decision to revamp its site comes less than two years since its launch in … Read more