UNI jumps 15% after OKEx suspends withdrawals due to police investigation

Cryptocurrency exchange OKEx has suspended withdrawals from its platform indefinitely, as one of its multisig key holders has been held in police custody. The news about hundreds of millions of dollars worth of cryptocurrencies being trapped on the exchange shaved off around 3 percent off of Bitcoin’s price but sent UNI, Uniswap’s native token, up […]

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Bitcoin and gold are at their highest correlation ever, data shows

The case for Bitcoin as a proven hedge for the global equity market may have failed temporarily, at least per recent data. Bitcoin, gold correlation reaches record high Data analytics and media firm Bloomberg said in its latest crypto newsletter that as per recent findings, the correlation between Bitcoin (BTC) and gold is at its […]

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Crypto.com launches trading competition with a $200,000 prize pool

Cryptocurrency exchange and payments platform Crypto.com has launched a competition where the users with the highest taker transaction volumes will get a chance to win up to $10,000 worth of CRO tokens. The Winners Take All competition began on Aug. 31 and will last until Sep. 30, with all registered Crypto.com users with a taker […]

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2017’s forgotten altcoins ZRX, OMG, and BAT are booming on a DeFi promise

Some much-hyped altcoins from 2017 are seeing a surge in prices as the DeFi market picks up steam and becomes a formidable sector in the broader crypto space. Altcoins ZRX and OMG surge 0x protocol, which raised millions in an ICO in 2017, was one of the first decentralized exchanges (DEX) to hit the crypto […]

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Uniswap traders have spent nearly $7 million in Ethereum fees

Ethereum DeFi fanatics on Uniswap, a decentralized exchange, have paid nearly $7 million in fees in the past month, as per data on Gas tracking site ETH Gas Station. $6.99 million in Ethereum fees The average GWEI, a unit of Gas, was around 125 with over 17,700 ETH spent by investors and users. Other DEXs, […]

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4chan’s Chainlink, Tendies picks made it the top “crypto fund” of 2020

A bunch of internet anons and their crypto picks have purportedly outperformed hedge funds in the crypto space, according to data by on-chain analytics firm Messari. 4chan’s /biz channel, the tongue-in-cheek go-to for trollers (and even the sane) for business and financial advice, has picked some top-performing altcoins this year. These include altcoins like Chainlink […]

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Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated

The crypto market is not one for the faint-hearted. And in true fashion, Bitcoin and other cryptocurrencies suddenly plunged over 10-15% earlier today before quickly recovering. But the recovery didn’t necessarily bear well for some traders: Close to $1 billion worth of Bitcoin and Ethereum longs were liquidated in the move. A $1,500 drop On […]

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On-chain network activity shows Litecoin (LTC) is preparing for a breakout

Activity on the Litecoin network is seeing a resurgence amidst a broader bull run in the crypto markets, on-chain data metrics show. The fundamental sentiment is similarly growing, especially as the date for a MimbleWimble implementation draws closer. Franklyn Richards, the founder of the Litecoin Foundation, said in a tweet that Litecoin’s network activity is […]

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Bitfinex will begin listing Cardano’s ADA on its spot exchange

Cryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange. In a press release shared with CryptoSlate, the Cardano Foundation said that trading will commence on Aug. 6 with initial support for ADA/BTC, ADA/USDT, and ADA/USD trading pairs. Users can now trade Cardano’s ADA on Bitfinex After successfully completing the Shelley hard fork at […]

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Bitfinex traders are longing Tezos (XTZ) in record numbers as price flirts with $4

Ever factoring in the 12 percent correction Tezos has seen in the past day, the cryptocurrency is one of the top-performing in the past week. According to CryptoSlate data, Tezos, which has the ticker XTZ, is up 17.9 percent in the past seven days and up 27.68 percent in the past month. Investors are embracing […]

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