Return of Darth Maul: Bitcoin Price Pumps And Dumps In 5% Shakeout

Bitcoin price today has been more volatile than normal, and that’s a statement in and of itself. The normally notoriously explosive cryptocurrency rocketed more than $2,000 and nearly 5% this morning, only to then plummet and wipe out the entire rally and then some. The fall took the cryptocurrency down by more than 7% and …

Institutional traders flock to Solana as demand for ETH and BTC flattens

Institutional traders have flocked to Solana (SOL) as demand for Ether (ETH) and Bitcoin (BTC) exposure has flattened, with SOL investment products representing a whopping 86.6% of total weekly inflows crypto investment products last week. According to the Sept. 14 issue of CoinShares’ Digital Asset Fund Flows Weekly, Solana (SOL) investment products saw inflows of …

Elon Musk Welcomes His New Pet Shiba Inu: Floki Themed Dogecoin Crypto Surges Almost 1000%

It has been weeks ever since the owner of the two most coveted companies in the world, SpaceX and Tesla, the eccentric billionaire Elon Musk, had made some interesting comments about the world of cryptocurrencies and the future it upholds, but it appears that the so-called ‘Musk Effect’ is still holding up pretty strong, and …

Finally Cardano Launches Smart Contracts Post A Successful Hard Fork

The globally popular Cardano network has successfully completed its much anticipated hard fork event, and this has made way for them to introduce their exclusive smart contract scripts, which are powered by the Plutus. The previous month on the 12th of August, the Cardano Foundation had made a statement on Twitter that they had successfully …

Does blockchain technology have potential or just tech hype?

Blockchain technology was the core technology behind the hyped cryptocurrency Bitcoin (BTC). In 2008, it made headlines worldwide, and the news got really hyped. However, blockchain technology was explored gradually by experts. As a result, many industries slowly adapted the technology and released new projects which benefited sectors. Now, Blockchain has evolved far beyond bitcoin …

Crypto Analyst Predicts Fresh All-Time Highs for Solana and Two Altcoins, Says Bottom Is In for 2 Other Crypto Assets

A widely followed crypto strategist and trader says Solana and two other altcoins are poised to print new all-time highs while predicting the bottom for two other crypto assets. Pseudonymous trader Smart Contracter predicts that smart contract platform Solana is gearing up for another explosive price surge en route to a new all-time high. ADVERTISEMENT …

$13 Billion Hedge Fund Leaps Into Digital Asset Space With Launch of New Cryptocurrency Division

European hedge fund Brevan Howard Asset Management has plans to expand into the nascent crypto space. According to a report from Bloomberg, the firm plans on launching a new branch called BH Digital to invest in cryptocurrencies and other digital assets. ADVERTISEMENT   The firm first began investing in crypto back in April, and the …

US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users.  According to a document released by the House Committee on Ways and Means on Monday, the proposal would increase the tax rate on long-term capital gains from the existing 20% to …

Bitcoin price flirts with $40K, but derivatives data is still bullish

The price of Bitcoin (BTC) is facing an intense period of volatility since moving from a $52,950 top on Sept. 7 to a $42,800 low just two hours later. More recently, the $45,000 support was held for a couple of days despite being heavily tested, and this triggered a $3,400 up- and down-swing on Sept. …

SEC chair doubles down, tells crypto firms ‘come in and talk to us’

Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure that investors are protected. In a prepared statement for his testimony at the Senate Committee on Banking, Housing, and Urban Affairs scheduled for Sept. 14, Gensler said the …

Avalanche (AVAX) chain’s Zabu Finance sees a $3.2 million exploit

Zabu Finance, a decentralized finance (DeFi) protocol on Avalanche (AVAX)  has recently been exploited for roughly $3.2 million worth of crypto tokens.  The exploited protocol confirmed the attack on Twitter, clarifying that the funds were stolen from its SPORE pool. What happened?  “Zabu Team Wallet has not sold a single Zabu. We’re under an exploit, …

NBA legend Shaq is wary of crypto. Says it’s “too good to be true”

Former pro basketball player, now NBA analyst Shaquille O’Neal told CNBC that he’s wary of crypto. While he’s not averse to overnight success, as is the case for some investors, he said the entire premise of cryptocurrency seems too good to be true. “Every time somebody tells me one of those great stories, I like …

No, Walmart is NOT accepting Litecoin

Against earlier trending reports that Walmart, the leading retailer and one of the biggest eCommerce companies in the world has partnered with Litecoin, a spokesperson for the company has come out to deny the press release. Walmart Denies Litecoin The fake release had expressly claimed that Walmart was going to start adopting the crypto asset …

3 in 10 Americans share their crypto wallet password with others

Being one’s own bank comes with its own baggage and troubles, despite what most hardcore crypto proponents suggest one to do on social media. But asset security is no joke, even if you think your passwords are strong. A case in point is a recent survey held by Beyond Identity. The password authentication company polled …

SolRazr raises $1.5 million to build decentralized developer ecosystem for Solana

Solana-based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising Launchpad, Accelerator, and Developer Tools, as per a release shared with CryptoSlate. The protocol is the first decentralized developer ecosystem for Solana, offering Launchpad, Accelerator, and Developer Tools. “We believe DeFi should mean that everyone gets an opportunity to …

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