Bitcoin and Ethereum Propel Crypto Markets to 2019 High

Crypto markets surge to new yearly highs; Bitcoin and Ethereum commanding things, Litecoin, EOS, Tezos and Cosmos all making. Momentum has been pretty monumental over the past twelve hours or so in crypto markets. The top two heavyweights have both surged pushing total market capitalization up to a new 2019 high just shy of $190 …

Fidelity’s Bitcoin Trading Is Only Weeks Away

Fidelity’s cryptocurrency subsidiary Fidelity Digital Assets will reportedly launch bitcoin trading for its clients “within a few weeks,” according to Bloomberg. According to the report, which cites an anonymous source, the new services will be open only to institutional investors. Speaking with the publication, Arlene Roberts, a spokeswoman for the investment company, said, “We currently …

Instant Crypto Lender Reveals Where Millennials are Blowing Borrowed Bitcoin

By CCN.com: CCN sat down recently with one of crypto’s biggest lending firms to hear insights into the emerging crypto-lending industry. CEO of Nexo Antoni Trenchev discussed the millennial mindset when borrowing, as well as upcoming trends in his field. Lenders like Nexo, SALT, and others allow clients to borrow against their digital assets. This …

Bitcoin Price Will Hit $6,500-Mark in Near-Term: Veteran Commodity Trader

Bitcoin could undergo an immediate bearish correction, but it would eventually bounce back towards $6,500, according to Peter Brandt. The veteran commodity trader said Saturday that the bitcoin price was meeting its crucial resistance level near $5,745, as shown in the chart below. There was a strong probability of the asset undergoing a reversal, which loosely …

Op Ed: 3 Reasons Why Crypto Has an Exchange Problem

While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges. That’s a notable increase from a year ago, when there were 208. A booming exchange industry sounds like a positive, but we can do with fewer exchanges …

Bitcoin Will Be Over $10K By 2020 Halving, Model Shows

Despite a slight dip, Bitcoin price is still expected to surpass $10,000 by the next block halving, according to Stock-to-Flow models. As originally posted by the Twitter user planB, Bitcoin remains on course to exceed $10,000 and perhaps even $100,000 according to trend-following macroeconomic models. The significance of stock-to-flow The graph above shows a correlation …

Litecoin Jumps 161% YTD and Crosses $80 on a Harry Potter Spell

Litecoin, once the bitcoin’s closest rival, has beaten almost all the top crypto assets in terms of year-to-date (YTD) performance. The LTC/USD instrument has printed a 164.14 percent adjustable gains in 2019, bringing its total rebound to a total of 256 percent. Compared to other top dollar-based cryptocurrency instruments, Litecoin is only behind Binance Coin’s …

Warren Buffett Buys Amazon Stock; is ‘Rat Poison’ Bitcoin Next?

By CCN.com: Berkshire Hathaway just bought its first Amazon shares, Berkshire founder and CEO Warren Buffett revealed to CNBC Thursday night. On the eve of an annual Berkshire shareholders meeting in Omaha, Buffett told CNBC that someone at Berkshire’s asset management desk just invested in some Amazon shares, but “it wasn’t me.” “One of the …

Binance Teams Up With Elliptic to Bolster AML Compliance

As part of its efforts to be regulatory compliant, Malta-based crypto exchange Binance has partnered with Blockchain startup Elliptic. According to a Coindesk report, the partnership will help Binance mitigate anti-money laundering (AML) concerns as it expands into new regions. Binance announced a similar partnership with cyber security firm CipherTrace on April 11, describing it …