XRP and Chainlink (LINK) led gains among large-cap cryptocurrencies this morning as the broader market surged over the weekend, data from multiple sources shows. As such, the market gained billions of dollars—a continuation of an uptrend in place since early August. XRP jumps XRP reached a high of $1.33 at press time, gaining over 6%…
Cardano (ADA) broke $3 today. Here are the top reasons why
Cardano (ADA) crossed the $3 mark for the first time in its history this morning, reaching a marketcap of as much as $99.6 billion at press time and frenzied activity on social mediums. The move came as smart contracts—a self-executing contract with the terms of the agreement between buyer and seller being directly written into…
Last week saw highest Cardano (ADA) inflows, while Bitcoin outflows continue
According to the latest report from CoinShares, the rebound seen in digital asset fund inflows spells good news for the industry as it indicates the market might be entering a bullish period. The report, which analyzes weekly flows into digital asset funds, found that digital asset investment products saw a second consecutive week of inflows…
“Crazy” times for Layer 1s as Terra (LUNA), Avalanche (AVAX), and Cardano (ADA) hit major milestones
“I truly believe what we are seeing is just the beginning of what may be the craziest 4 months for L1’s. As $LUNA upgrades to Col-5, $ADA rolls out smart contracts, $KSM and $DOT roll out parachains, $AVAX and $SOL continue development and adoption, things are gonna get insane.” And with Bitcoin dominance floundering at…
Binary options trading with Bitcoin (BTC): How it works
Many traders would first think of margin trading, with its high risk, high reward approach. However, there’s another high-risk strategy out there: Binary options trading. What Is Binary Options Trading? Among many financial instruments to tackle the securities market, options contracts are the most popular. As of mid-August, 2021, the average options trading volume amounted…
Bitcoin (BTC) on-chain analyst reveals short term ‘bearish outlook’ as ‘supply shock’ looms
As Bitcoin dips back below $50,000, data is emerging of a possible short-term bearish outlook. Bitcoin supply shock dynamics Will Clemente, self-described as a “Lead Insights Analyst,” anticipates short-term bearish action for the Bitcoin price. This, he explains, is due to three factors – a drop in illiquid supply ratio, BTC inflows into exchanges, plus…
Saylor picks up another 3,907 Bitcoin ahead of Friday’s $2 billion options expiry
25% of all Bitcoin was exchanged in this key price range The past few months have seen billions of dollars worth of Bitcoin shift from the hands of HODLers to newer holders, such as legacy institutions, technology firms, family offices, and fund managers. 2 min read →
Ripple (XRP), Dogecoin (DOGE) drop 10% as cryptos plunge
Ripple (XRP), Dogecoin (DOGE) drop 10% as cryptos plunge | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin · Dogecoin · Ethereum · XRP › Trading The market dropped ahead of a massive options expiry on Friday, with several large-caps falling 10%. Shaurya Malwa…
XTZ pumps 13% as new NFT platform launches on Tezos
4-time F1 champ Red Bull Racing signs on Tezos as ‘blockchain partner’ Red Bull Racing (RBR) has signed on Tezos, the world’s 42-largest blockchain by market cap, as its Official Blockchain Partner, as per a release this morning. Teaming up with the world’s most advanced blockchain 👊 Announcing a new multi-year technical partnership with @Tezos…
Binance (BNB) reacts to allegations of market manipulation
Following allegations of market manipulation, the management of the largest digital currency exchange platform by transaction volume, Binance, has announced that the platform has never traded against its users. In the statement, which was released on the official Twitter account of the organization, the management also maintained that it has never manipulated the market and…