We recently had an opportunity to chat with Kevin Murcko, the CEO of CoinMetro — a leading cryptocurrency exchange and trading platform. As a part of our conversation, we asked Kevin a few questions regarding the platform, its future, and more importantly, their Bond Sale. Here is what he had to say: Q: Let’s start…
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The crypto community was stunned last night to learn of a minting exploit that had collapsed the value of Axion. On November 2, 2020, during the 1:1 Axion for Hex airdrop, an attacker minted and sold 79 billion AXN tokens, crashing the price from $0.00036673 to zero as a result. Source: AXNUSD on CoinGecko.com The…
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In the last year, stablecoins have gone from representing just a tiny fraction of global cryptocurrency trading volume to more than half of it. This, because more users than ever before now use stablecoins to exit volatility, invest, and make payments. But in order for stablecoins to truly achieve mass adoption, they need to appeal…
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Yearn Finance’s native token YFI debuted with an explosive price rally, surging from zero to over $44,000 in just 45 days of trading. But as hopeful traders anticipated an extended bull run towards $100,000, bearish catalysts pulled the rug under their feet. The YFI/USD exchange rate crashed by almost 78 percent from its all-time high…
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Like many other altcoins, Chainlink (LINK) faced a strong correction in September and October after the summer highs were set. From its summer high and all-time high of $20, set in the middle of August, LINK corrected more than 50%, bottoming around $7. As of this article’s writing, Chainlink trades for $10.86, down around 4%…
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Chainlink (LINK) started a sharp decline from the $11.60 resistance zone. The price is now trading well below $10.50 and it seems like the bears are aiming a test of the $9.00 support. Chainlink token price started a major decline after it failed to clear the $11.60 resistance against the US dollar. The price is…
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Ethereum’s ether traded below the $388 and $380 support levels against the US Dollar. ETH price is now testing $372 and it remains at a risk of more downsides. Ethereum extended its decline below the $392 and $388 support levels. The price is now trading well below $380 and the 100 hourly simple moving average.…
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Bitcoin price struggled to settle above the $13,700 resistance and declined below $13,500 against the US Dollar. BTC is likely to retest $13,000 before it could rise again. Bitcoin started a fresh decline after it faced a strong selling interest near $13,700. The price is trading below the $13,600 support and the 100 hourly simple…
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Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip. Data shows that the number of DeFi users has literally gone…
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The world is now just one day out from the 2020 U.S. Presidential Election, an event that will undoubtedly have far-reaching implications that impact Bitcoin, altcoins, and the traditional markets for potentially years to come. BTC has been showing immense signs of strength heading into the election, bucking a consolidation phase seen by the stock…
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