Cryptocurrency Analysis and News Portal
As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Publicly traded bitcoin mining company Riot Blockchain rose 50% this week, trading hands just below $6.00 at week’s end. Bitcoin gained nearly 17% over the same period. Shares of the Castle Rock, Colo.-based firm surged even higher in early
Read More
The exchange had shuttered its Japanese services after Coincheck's $530 million hack in 2018 spooked regulators and prompted a crackdown. Source
Read More
Major privacy-focused cryptocurrencies jumped on Monday, with monero (XMR), the biggest of the lot, extending its impressive recent run to two-year highs. The move came after a group of countries jointly called for “back doors” into encryption software. That backdoor access potentially diminishes the privacy-safeguarding utility of such software and
Read More
Cryptocurrency exchange Kraken will operate in Japan for the first time in two years. The company said Tuesday its Japanese subsidiary, Payward Asia Ltd., completed the regulatory registration process and has been granted a permit to operate as a crypto asset exchange business in the country. Source
Read More
Bitcoin miners are holding more bitcoins than at any point in the past two years as the cryptocurrency continues to trade above $11,000, signalling increased bullishness about future gains. According to wallet addresses tracked by Glassnode, miners are holding a total of more than 1.82 million bitcoins, setting a two-year high
Read More
Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion. Source
Read More
Ethereum has seen a decentralized finance craze over recent weeks.Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This isSimultaneously, DeFi-related tokens like Compound’s COMP and
Read More
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018.Bitcoin difficulty shoots up
Read More