One of the only state-recognized blockchain networks in China will now officially work with a major Ethereum development lab. Ethereum for the Chinese public Ethereum venture fund and development lab ConsenSys announced Monday it would officially work with China’s Blockchain Service Network (BSN), as per a release. The partnership would see further development of the…
Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content presented in this article is the opinion of the author. None of the information you read on CryptoSlate should be taken as investment advice. Buying and…
A New York-based fund manager who splashed big money into Bitcoin this month contested the bullish case for the asset in an opinion piece. Why Bitcoin for the future SkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin in the coming years in an opinion piece published Sunday. He was joined by…
NASDAQ-listed Marathon Patent Group just announced it had purchased 4,812.66 Bitcoin in a $150 million aggregate deal. The firm’s CEO and Chairman Merrick Okamoto said the move puts Marathon in contention with investors seeking Bitcoin exposure. But just as relevant, Okamoto also referred to Bitcoin’s hedge properties, which he sees as vital for the company’s…
The price of Bitcoin broke out of its 4-day range, pushing above a critical technical resistance level at $33,800. This upside movement is important because it sets BTC up for a potential retest of the $40,000 resistance area. The price of Bitcoin. Source: BTCUSD on TradingView $37,800 is the big roadblock before $40,000 for Bitcoin…
Chainlink (LINK) is bumping higher on Sunday and Monday morning as the altcoin market has begun to rip higher. The seventh-largest cryptocurrency is up five percent in the past 24 hours, making it the top-performing altcoin in the top 10 by market capitalization. LINK is currently trading at all-time highs, having broken out of its…
The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the international commerce think tank, as part of the high-profile Davos meeting….
Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning. The price of ETH is up 15 percent in the past 24 hours, making it one of the top-performing crypto assets in the top 100 by market capitalization, according to CryptoSlate market data….
Bitcoin has seen some volatility over the past few weeks. The cryptocurrency has bounced between $30,000 and $40,000, even falling below the former level at one point in time in a move that scared bulls. Unfazed by the recent market volatility, data shows that institutional players have been adding to their Bitcoin positions. Grayscale adds…
Both Bitcoin and Ethereum have entered periods of consolidation over the past two weeks despite attempts by both to break above and below their respective medium-term price ranges. Ethereum may continue its consolidation for the time being, as there has been one large holder that has appeared with a large amount of ETH to sell….