It’s no secret that 2018 has proven to be a rough year for the cryptocurrency markets, which have seen their market capitalization plummet from highs of over $800 million in January of 2018 to recently established yearly lows of under $120 billion. The poor market performance, which can be attributed to little more than a… Continue reading Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter”
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BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally
The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products. BitPay CEO Says Fidelity, Bakkt, Square, Blackrock,… Continue reading BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally
Crypto Week In Review: Binance Makes OTC Desk Investment, Bakkt Delays Bitcoin Futures
As 2018 bids its last farewells, the crypto market has stuttered, with a majority of crypto assets establishing new year-to-date lows, leading many analysts to express their sentiment that capitulation is officially occurring. However, the peculiar performance of the market hasn’t fazed this industry’s leading constituents. Binance, for one, continued its investment spree, siphoning millions… Continue reading Crypto Week In Review: Binance Makes OTC Desk Investment, Bakkt Delays Bitcoin Futures
Bitcoin Price Analysis: Time to Grab some Bitcoin at any Price, First Targets $8,500
Traders should mark Oct 22 as a turning point for Bitcoin. Thanks to CFTC giving the ICE the permission to launch Bitcoin Futures and the rumors of SEC approval of Van Eck Bitcoin ETF approval, investors are vibrant. Because of this, it’s likely that Bitcoin shall rally confirming the break out patter of week ending… Continue reading Bitcoin Price Analysis: Time to Grab some Bitcoin at any Price, First Targets $8,500
Brazil’s Biggest Brokerage is Officially Joining the Cryptocurrency Markets
Brazil’s largest independent brokerage is the latest example of a retail stock exchange to enter the cryptocurrency markets amidst a growing movement for stock exchanges to offer retail investors access to cryptocurrencies. Grupo XP, the owner of XP Investmentos SA, the largest independent brokerage in Brazil, announced that they would be moving into the cryptocurrency… Continue reading Brazil’s Biggest Brokerage is Officially Joining the Cryptocurrency Markets