Bitcoin volatility craters to 2020 lows; Is the crypto market coiling up for a major move?BTC $9147 (+0.1%) • ETH $227 (+0.5%) • XRP $0.18 (-0.4%)
For a brief period yesterday, it seemed as though Bitcoin was making a trend-defining movement that would mark a resolution to the extended period of sideways trading that the crypto has faced over the past several weeks. This movement – like most seen over the past few weeks – proved to be fleeting and has once again resulted in Bitcoin trading within its over month-long range. Its volatility has now dipped to fresh yearly lows, which tends to occur before it makes a massive movement.
More news ⏬Report: China’s national blockchain project could adopt Ethereum after Chainlink onboarding
China’s surging ahead with its blockchain aspirations even as the world grapples with the basic regulation around distributed systems and digital currencies. DeFi risks; Hackers drain $500k in LINK, wrapped ETH, and other alts from Balancer pools
Hackers made away with $500k worth of Wrapped Ether, Chainlink, and Synthetix from Balancer pools early on Monday, after a deflationary token model was taken advantage of. Thanks to our premium sponsors⭐️ Phemex - Phemex is a Singapore-based and fastest cryptocurrency and derivatives exchange. It supports six trading pairs with up to x100 leverage. ⭐️ Bitamp - Bitamp is an open-source, client-side, free Bitcoin wallet that allows you to send and receive Bitcoin securely on the blockchain. ⭐️ Switchere- Switchere is a safe, licensed & non-custodial crypto exchange where you can sell & buy crypto with credit card instantly. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Data: Ethereum, Chainlink, Cardano are still up thousands of percent since ICO
It’s been a tough past few years for many crypto altcoins. There’s $100 million of BTC on the Ethereum network—and that’s “bearish” for Bitcoin
The past few weeks have seen Ethereum’s decentralized finance ecosystem explode. Interview with Bluzelle CEO Pavel Bains on the importance of decentralized databases and why crypto has a “gateway problem”
CryptoSlate recently had the opportunity to chat with Pavel Bains, the CEO of Bluzelle – the decentralized database for the new internet. These three factors could determine the mid-term fate of Cardano (ADA)
Cardano (ADA) has been one of the hottest cryptocurrencies throughout 2020, posting gains that have only been rivaled by Tezos and Chainlink. Whales might be dumping Bitcoin on Grayscale, and a fund manager calls it “very bearish”
Grayscale Trust, the institutional vehicle for accredited investors to get exposure to cryptocurrencies, has been making the rounds in crypto circles recently for seemingly cornering the Bitcoin market. The Ethereum community is raising thousands for a “make or break” change
If you’ve been following Ethereum over the past few months, you’ve likely heard of EIP-1559. Bitcoin’s on-chain analytics signal a long-term crypto bull run: exec
Bitcoin and the rest of the crypto market have struggled over recent weeks. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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