3 reasons Ethereum dropped much harder than Bitcoin in abrupt correction
Within 30 minutes, on November 18, the price of Ethereum dropped 7.7% as Bitcoin also recorded an abrupt 6% drop.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.
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As Bitcoin Nears $17,000 Levels, Coinbase Website and App Go Down
On Monday, the Coinbase crypto exchange faced multiple outages as investors rush for Bitcoin gathered steam with BTC price hitting its new 2020-high above $16,800 levels.Bitcoin (BTC) continues to attract more investors as BTC price hit its new 2020-high on Monday, November 16. Yesterday,...
SEC Brought 56 Court Cases against Crypto, Chairman Jay Clayton to Leave by Year End
The SEC revealed that it brought 56 cases related to blockchain projects, cryptocurrencies and digital assets since July 2017.
The current serving Chairman of the Securities and Exchange Commission (SEC) Jay Clayton is set to conclude his tenure by the end of the year. According...
Bitcoin ETP volumes surge as institutions jump into the BTC bull run
Institutional Bitcoin products are booming as the pioneer cryptocurrency sees bullish price action.A report shared with CryptoSlate from crypto research firm CryptoCompare found that the aggregate volumes for popular Exchange-traded Products (ETPs) surged 53% this year with several products demonstrating “above-market” returns. Of these, Grayscale’s...
Why this incoming U.S. Senator just shilled Bitcoin to millions on national TV
The adoption of Bitcoin is taking place at an extremely rapid pace.While the jury is still out on how a likely Biden presidency will affect the cryptocurrency space, soon, there will be one of this industry’s own sitting in one of the highest seats...
This Ethereum-based DeFi token is up 3,000% in the past week alone
It appears that “aping” into new decentralized finance (DeFi) coins is back in vogue with Bitcoin pumping, Ethereum moving towards its summer highs, and money moving right down the DeFi risk curve.To read the rest of this article, join CryptoSlate Edge. Have an account?...
Ethereum 2.0 Upgrade Is Only 18% Ready for Launch
Upon a successful upgrade on the 1st of December, Ethereum would shift from its current proof-of-work design to a proof-of-stake consensus protocol.
Ethereum 2.0 upgrade, set to launch on the 1st of December, is just 18% ready. For a successful launch, Ethereum 2.0 would need...
Origin Dollar (OUSD) Dips 85% after Origin Protocol Suffers $7M DeFi Attack
As a precautionary measure, Origin protocol has disabled all deposits to its vaults and warned users not to purchase OUSD on Uniswap or SushiSwap.Origin Protocol has reported a system compromise that resulted in a loss of $7 million of customers’ funds. According to the...
Mike Novogratz’s Crypto Firm Galaxy Digital Launches Bitcoin Fund in Canada
Merchant bank Galaxy Digital launches the new Bitcoin Fund in partnership with the Canadian investment firm CI Global Asset Management. Novogratz doubles down on his BTC prediction expecting it to touch $65,000.Wall Street investors and former Goldman Sachs hedge fund manager Mike Novogratz doubles...
Citibank Expects Bitcoin (BTC) Price to Cross $300K by December 2021
Citibank executive noted that Bitcoin is going through a similar period to that of Gold in the 1970s and expects a potential breakout next year.In a moment of excitement for Bitcoin investors, Wall Street banking giant Citibank expects Bitcoin (BTC) price to hit $300K...