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 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 …
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 …
The volume of tweets and Google Search Volume Index (SVI) were found to be leading price indicators for Bitcoin and Ethereum, according to a research paper published by the Southern Methodist University. The importance of sentiment In the paper, researchers gathered data on Twitter mentioning Bitcoin and Ethereum; the same was done using Google trends. …
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 …
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 …
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, 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 …
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 …
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 …