Crypto News

Exploring China’s Thriving Underground Crypto Market Despite Harsh Trading Ban: A WSJ Report Description: Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal networks, VPNs, social media, and physical trading. China is…

91 Days of Profit-Taking: A Historical Look at Bitcoin’s Ups and Downs Quick Take As Bitcoin’s value teeters slightly over $40,000, the market undergoes significant sell pressure, partly attributable to GBTC outflows and an intriguing profit-taking trend. This trend, which CryptoSlate closely monitors, reveals long-term holders and short-term holders engaging in profit-taking at levels not…

Unlocking Online Monetization: How Mash.com Utilizes Bitcoin and the Lightning Network [Podcast] Description: CryptoSlate Senior Editor Liam “Akiba” Wright recently sat down with Jared Nusinoff, CEO of Mash.com, for an episode of SlateCast to discuss how the company utilizes Bitcoin’s lightning network to empower publishers. The challenges of content monetization Nusinoff outlined some of the…

That Time I Fell Down the DeFi Rabbit Hole: A Personal Account Introduction So I recently stumbled upon Maker DAO’s MKR and let me tell you, it’s been a wild ride. As someone who likes to dabble in decentralized finance (DeFi), I was intrigued by MKR’s dominance in real-world asset (RWA) transactions. I mean, $94.5…

The Crypto Market Braces for Potential Rally Amid Bitcoin’s Hash Rate All-Time Highs What Does Bitcoin’s Surging Hash Rate Mean for Investors? The crypto market is buzzing with excitement as Bitcoin’s hash rate reaches unprecedented levels, surpassing 500 exahashes/second. This significant surge in mining activity is not only a testament to the growing strength of…

Trezor Reveals 66,000 Users Could Face Phishing Attacks Security Incident Overview On January 17, 2024, Trezor disclosed a security incident involving a third-party support ticketing portal. The breach resulted in the exposure of contact details, including names and email addresses, for up to 66,000 users. The incident was made public through a blog post published…

An Anonymous Bitcoin Whale Triggers Market Panic The Impact of a Massive Sell-off in the Crypto Market The recent sell-off panic in the crypto market has left investors on edge, with many wondering about the implications of a Bitcoin whale dumping 59,000 BTC. According to a post by Ali Martinez, the whale’s actions have sent…

The year 2024 marks the dawn of a new era for Bitcoin Spot ETFs The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its…