The real roadblock Bitcoin faces is at $20k—and whales are awaiting
The real roadblock Bitcoin (BTC) faces is at $20,000, near its all-time high. Albeit its record high is different across major exchanges, it already hit its highest price on some exchanges.
The weekly price chart of Bitcoin. Source: BTCUSD on TradingViewBut, whales have not been...
Number of Ethereum nodes surpasses Bitcoin’s for the first time
Ethereum is booming and now the so-called “world’s decentralized computer” has now surpassed Bitcoin in terms of the total nodes, new data showed.Ethereum’s node crusadeData from Ethereum node service and technology company Bitfly showed that the Ethereum network now has over 11137 active nodes,...
Ethereum DeFi space faces three notable bugs in the span of a Sunday morning
The Ethereum DeFi space is scrambling this Sunday morning as this space has faced a series of bugs.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.
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Bitcoin investors are mixed over what’s next for the bull run
Bitcoin is finally showing some strength after a brutal correction to $16,200 earlier this week.The leading cryptocurrency has bounced to $18,000 as of this article’s writing, around 11 percent above the local lows.
Chart of BTC’s price action over the past two days. Source: BTCUSD...
Barrons says “Big Money” is driving the Bitcoin rally
The price of Bitcoin (BTC) is hovering above $18,000 following a massive short-term correction to $16,200. Barrons reported that “Big Money” is driving BTC and as such, it could potentially move higher.In recent months, the Bitcoin market has seen an influx of institutional capital....
Nouriel “Dr. Doom” Roubini lambasts Bitcoin in 12-part Twitter thread: “it is worth $0”
A few weeks ago, some thought that Nouriel “Dr. Doom” Roubini was changing his tone on Bitcoin.After the 2008 Recession predictor lambasted the cryptocurrency for years, Roubini said in an interview with Yahoo Finance that he thinks BTC is a “partial” store of value.As...
Chinese reporter: China likely sold the $3+ billion in Bitcoin, Ethereum affiliated with PlusToken
This morning, news broke that there has been a massive development in the PlusToken case.PlusToken was a 2019-era crypto Ponzi scheme that managed to trick mostly users in Asia into depositing billions worth of Bitcoin, Ethereum, EOS, and a number of other digital assets.The...
Ripple to Cash Out 33% of Its Stake from Payments Giant MoneyGram
It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.In one of the major developments, San Francisco-based blockchain startup Ripple...
Ethereum-based token of new DeFi trading platform surges 1,000% in two weeks
Bitcoin and Ethereum may be crashing but this hasn’t stopped DeFi projects from gaining traction.While decentralized spot exchanges such as Uniswap and SushiSwap have gained much traction over their centralized competitors, there remain few platforms through which crypto users can obtain leverage on these...
Institutional Buying Can Push Bitcoin (BTC) Price to $250K, Says Investor Raoul Pal
Investor Raoul Pal notes that institutional purchases are storing Bitcoin in cold storage creating a supply squeeze. This will propel BTC price to new highs with a wide gap in demand and supply.The latest institutional money inflow in the cryptocurrency market has made analysts...
