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DATE POSTED:March 19, 2020

Rumors that Bitcoin miners are ready to throw in the towel have been making the rounds in the cryptocurrency world. But how accurate are these claims?

Seasoned Bitcoin Miners Loyal to the Network

The crypto space has been hard debating whether Bitcoin miners will soon capitulate. This debate, however, fails to make a distinction between large and small mining farms. 

Such a distinction is critical, especially for investors with deep pockets.

DATE POSTED:March 19, 2020

Huobi has implemented a circuit breaker on its futures trading platform, Huobi DM.

Huobi First to Blink on Circuit Breakers

Huobi DM, the futures trading division of the global exchange, will implement a partial liquidation mechanism to prevent a full liquidation in the event of rapid market swings.

Liquidations will be halted through a circuit breaker function, which will be activated when it detects large or rapid price movements.

DATE POSTED:March 19, 2020

Coase, a blockchain development company led by Tezos co-founder Kathleen Breitman, is preparing to launch its first product—an online collectible card game called Emergents.

Crypto news site CoinDesk unveiled some of the first details of the game in its Mar. 18 coverage.

DATE POSTED:March 19, 2020

After Coinbase fled the state due to “untenable” crypto regulations, Hawaii is now reconsidering its position. A press release indicates that the state will open its beaches to blockchain firms and explore new policies to turn Hawaii into an “early adopter.”

Hawaii Stakes SandBox on Local Beaches

The state of Hawaii may soon open its crypto beachhead. 

DATE POSTED:March 18, 2020

Traders holding the heavily leveraged BULL tokens saw massive losses when Binance failed to update the token’s price for more than three hours. Dozens of traders called on Binance and FTX, the exchange that issued the tokens, to reimburse them for their losses.

DATE POSTED:March 18, 2020

After brutally losing half its value, metrics show that the carnage for Chainlink is not over. Several indicators point toward LINK falling another 50%.

Will Chainlink Fall Even Further?

Among the top 20, Chainlink suffered the most during the recent market downturn. Its price plummeted over 70% after peaking at $5 at the beginning of the month. Even though multiple technical indicators forecasted the pessimistic outlook, it was unreasonable to predict that LINK would have gone as low as $1.5.

DATE POSTED:March 18, 2020

On-chain analysis and developments among payments platforms suggest the Bitcoin bloodbath may yet have a silver lining.

True Believers Hodl On

Fears of widespread economic decline due to the coronavirus pandemic led to a broad market sell-off last week in both equities and crypto markets which continued into this week.

Both sell-offs were harsh, but crypto was a bloodbath.

DATE POSTED:March 18, 2020

A lack of Maker borrowers minting DAI to sell on the open market for a profit is causing the stablecoin to overshoot its peg.

Various initiatives are underway to bring the DAI peg price closer to $1, including unique experiments from the community.

DATE POSTED:March 18, 2020

As crypto investors fled Ether for stablecoins and cash en masse, Ethereum’s gas prices skyrocketed. Meanwhile, those in the crypto art and gaming space suffered. 

Now, they’re looking for alternatives. 

DATE POSTED:March 17, 2020

Digital asset transfer platform Fireblocks announced today it has integrated with Compound, marking the first-ever institutional implementation of multi-party computation (MPC) on a DeFi protocol.

Institutional Players Enter DeFi

Starting today, OTC desks, market makers, hedge funds, and exchanges can safely deploy assets onto Compound, an algorithmic, autonomous interest rate protocol offering 3% to 7% interest, with the click of a button.