Just like other altcoins, Ethereum too extended losses today. Over the last 24 hours, the altcoin slipped below the $1900 price level. Bitcoin also fell on its chart and major industry altcoins follow...
Tag: Altcoin
Dip Buyers! Institutional Bitcoin Inflows Hit $120M as Price Trailed Below $30k
With the current downtrend in the crypto market, investors have taken advantage to position themselves towards a potential uptrend in the price of assets, especially in Bitcoin. A Coinshares report on...
Portuguese Football Club Benfica Partners Socios to Launch Fan Token
Portuguese football club SL Benfica announced today it has partnered with crypto fan engagement firm Socios.com to launch fan tokens. The move makes it the first football club in the country to launch...
SEC legal action over BNB token prompts fears over which altcoin is next
? Want to work with us? CryptoSlate is hiring for a handful of positions! The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017,...
One Year On! El Salvador Marks Bitcoin Legal Tender Anniversary
Today makes it a year since El Salvador publicly revealed plans to adopt bitcoin as legal tender. On June 06, 2021, the president of El Salvador, Nayib Bukele, announced that a Bitcoin bill would be s...
Binance Reportedly Under Investigation by U.S. SEC Over BNB Token Sale
The United States Securities and Exchange Commission (SEC) is reportedly investigating leading cryptocurrency exchange company Binance over unregistered token sales. Per a Monday Bloomberg report, th...
Binance Refutes Reuters Claims That It Helped Criminals Laundered $2.3 Billion
Leading cryptocurrency exchange Binance has responded to an investigative report published by Reuters that claimed the trading platform helped bad actors to launder over $2 billion worth of digital as...
Bitcoin Funds Rake In New Money as Altcoin Funds Suffer
Ethereum funds continued their negative streak, marking nine consecutive weeks of outflows. Investors pulled out $32 million from funds that manage the second-largest cryptocurrency, ether (ETH), addi...
Ethiopia’s Central Banks Says Cryptocurrency Payments Are Illegal
The National Bank of Ethiopia (NBE) has revealed that it never gave authorization for cryptocurrencies to be used in the country as payment methods, local media reported Monday. Crypto Payments Illega...
Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment
The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs anno...
A Whole New DeFi World Unveils
NXD projects have products that possess amazing use cases for users to explore, such as the Nexus Dubai Token, UAE Merchant Network, Nexidius, and Electrum. NXD’s purpose in writing this press release...
Binance Labs Invests Undisclosed Amount in PancakeSwap (CAKE)
Binance Labs, the investment and incubation arm of leading crypto exchange Binance, announced Monday that it has made a strategic investment in leading BNB Chain-based decentralized exchange PancakeSw...
Ethereum Stuck Below $1,900 as Altcoin Risks Further Decline
Jun 06, 2022 at 13:01 // Price The price of Ethereum (ETH) is in a downward correction as the largest altcoin has hit the previous low of $1,763 three times. Ethereum price long-term analysis: bearish...
Survey Shows Investors Are Becoming More Open to Crypto Assets
A new survey by the Economist Impact dubbed “Digimentality 2022—Fear and favouring of digital currency” revealed that investors are becoming more open to cryptocurrencies for investment and payment pu...
Chainlink Launches Seven Price Feeds on Solana
Leading blockchain oracle platform Chainlink has launched its price feed on Solana to support developers building decentralized finance (DeFi) applications on the network. Solana Builders to Access C...
Fidelity’s Macro Chief Modifies S2F, Predicts $140k Bitcoin Price by 2025
Jurrien Timmer, director of global macro at asset management firm Fidelity Investments, recently shared a modified version of the Bitcoin Stock-to-flow (S2F) model dubbed the S-Curve Model. Using the ...
BTC Could see More Price Decrease as Capital Inflow Increases
Bitcoin prices over the last seven days have been random, defying previous trading patterns. This has resulted in uncertainty trailing the coin. However, new evidence points to the coin experiencing m...
Crypto-Friendly 401(K) Provider Sues U.S. Labor Department for Customer Rights Infringement
San Francisco-based crypto-friendly retirement plan provider ForUsAll Inc. has filed a lawsuit against the United States Department of Labor (DOL) seeking to invalidate the department’s guidance on cr...
What Are Soulbound Tokens (SBTs)? The Next Big Thing in Crypto?
Soulbound tokens (SBTs) are blockchain-based tokens that are non-transferable and can be publicly visible. Such tokens can represent credentials such as your educational certificate, birth certificate...
Which Ethereum based Altcoin recorded 70% growth in just ten days?
Amidst the ongoing falling of the overall cryptocurrency market that has seen opposing action of XCN native token of Chain Protocol Given the consistently dropping of cryptocurrencies’ trading prices ...
Ethereum-Based Altcoin Skyrockets 70% in Just 10 Days, Thwarting Crypto Market Trend
One surging Ethereum-based altcoin is defying the bear market as it trends higher while the broader crypto markets struggle. XCN, the governance and utility token for cloud blockchain protocol Chain, ...
Japan Defines Stablecoins as Digital Money in New Bill
Japan is a step closer to regulating stablecoins as the country passes a new bill defining the status of such assets, Bloomberg reported Friday. This comes shortly after the recent TerraUSD (UST) cras...
Former OpenSea Employee Officially Charged for NFT Insider Trading
The United States Department of Justice (DOJ) has charged Nathaniel Chastain, a former employee at NFT marketplace OpenSea, for wire fraud and money laundering involving insider trading in non-fungibl...
3 key indicators traders use to determine when altcoin season begins
It’s widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altco...
Move-to-Earn App Upgrades Cheat System to Stop Bad Actors
Solana-based move-to-earn project STEPN has released an artificial intelligence (AI) anti-cheating system to prevent bad actors from exploiting its platform. STEPN Launches Anti-Cheating System In a ...
Crypto-Mining Malware Steals $1.7 Million From Transaction Hijacking
Analysts from the Broadcom-owned cybersecurity company Symantec have identified a new cryptocurrency mining malware called Clipminer that stole nearly $2 million by hijacking crypto transactions, Blee...
White House Working on Policy to Lower Bitcoin Energy Use
The White House is working on policy recommendations to control Bitcoin energy consumption and carbon footprints in the United States, Bloomberg Law reported Thursday. The move comes after a series of...
Cardano Hits $42.5M in Monthly Transactions, On-Chain Analysis Reveals
Despite the bearish trends in the crypto market, transactions on Cardano went up by 7.74% in May, reaching a total of $42.5 million, a recent on-chain analysis revealed. Cardano On-chain Activities U...
Blockchain Firm InfStones Nears Unicorn Status After Raising $66 Million
Blockchain infrastructure provider InfStones announced on Wednesday it has raised $66 million in a just-concluded funding round led by SoftBank Vision Fund 2 and GGV Capital. Other investors in the mo...