Binance Coin (BNB) erupts above $270 as the whole Smart Chain ecosystem soars

Tokens from the Binance Chain ecosystem are surging today, led by Binance Coin’s (BNB) own example—which broke above $270 today, according to CryptoSlate’s Binance Smart Chain sector data. The top 10 Binance Chain-based tokens. Image: CryptoSlate The level of $270 is yet another major milestone BNB is storming in just over a week. On February 9,…

Bitcoin is “eating” Gold: GOLD/BTC ratio falls to an all-time low

The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio. What just happened? Simply put, the “Gold/Bitcoin” ratio calculates the price value of the yellow metal against Bitcoin. A 1:1 ratio means both gold and Bitcoin are valued at the same price by the open…

Almost 72% of all ADA is now staked on Cardano

Almost 72% of all ADA is now staked on Cardano | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest With 71.9 percent of the total circulating supply of ADA now staked, Cardano is still the most decentralized blockchain network on the market. The significant increase…

Why Ethereum is stagnating behind Bitcoin after its rally to new record-high

The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin during…

JPMorgan co-president admits the demand for Bitcoin will come at “some point”

In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.” Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn’t here just yet. What kind of demand for Bitcoin would be sufficient? The price of Bitcoin has increased by…

Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up

Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price. At one point over the past week, it cost over $100 to trade on Uniswap, which caused even larger players—some that you could call “whales”—to lament about the extremely high transaction fees. This has caused…

Investors bullish on Ethereum ahead of much-hyped CME futures launch

The day is finally here—today, depends on how you cut it, the CME Group will be launching a futures market for Ethereum. The CME Group is one of the world’s leading financial exchanges, hosting a majority of trade in top commodities, including Bitcoin. The CME Group made crypto headlines in 2017 when it rolled out…

Dogecoin (DOGE) just surged 50% after Elon Musk gave the crypto another bump

It appears that crypto’s favorite chief executive, Elon Musk, just gave Dogecoin (DOGE) another bump. The Tesla and SpaceX chief executive recently spoke to TMZ, the media outlet, about Dogecoin, while he later tweeted about the meme cryptocurrency. This latest turn of events comes after a rocky past week for DOGE, which surged some 900…