Financial Industry News
Recently, there has been an uptick in the numbers of notable people publicly discussing some form of ban on crypto assets such as Bitcoin. The latest comes from Germany, where one of the nation’s left wing parties is in favour of attempting to outlaw digital currency across Europe. The news follows similar calls by US […]
Continue Reading‘Shark Tank’ investor, Kevin O’Leary, has been dialling up the FUD, calling Bitcoin ‘garbage’ on CNBC’s Squawk Box. He felt the need to interject his comments during a segment discussing potential reasons for Bitcoin’s recent rally. Although it turned out his conclusion was based on a very small dataset. A Normal Day Discussing Bitcoin On […]
Continue ReadingTokens and coins whose value is not backed by anything other than marketing, no longer work. Therefore we are able to witness the advent of several asset-backed tokens, that combine historically successful assets with the blockchain technology. Precious metals – especially gold due to its qualities and stable demand – are ideal for securing digital […]
Continue ReadingThe total crypto market cap is currently placed nicely above the $180.0B support area. Bitcoin price surged another 4% and broke the $6,250 and $6,300 resistance levels. EOS price is down 1.5% and it is currently trading above the $4.85 support level. Binance Coin (BNB) declined sharply and tumbled more than 8% below the $20.00 […]
Continue ReadingIt isn’t often that we witness a greater inherent bias against Bitcoin than that of Nouriel Roubini. But The New York Post yesterday published a headline claiming Roubini called bitcoins ‘sh*tcoins’ at a conference discussion. Spoiler alert: He did not. New York Post Even More Clueless Than Roubini Roubini, as he is most famous for, was […]
Continue ReadingBitcoin price topped $6,000 and the majority of altcoin turned red. Is Bitcoin’s increasing dominance stealing Ethereum’s thunder? ETH-BTC 4-Hr Chart After topping out at 0.031402 ETH price 00 took a bearish turn and dropped to the lower arm of the falling wedge to set a new low not seen since December 22, 2018. For […]
Continue ReadingETH looks ready to have another go at tackling the $200 resistance and traders are wondering if the current surge the result of positive news or a more technical move. Ethereum Price: Market Overview Ethereum 00 had spent the last three weeks in a rut but a trend reversal on the ETH-BTC could mean it’s ETH’s […]
Continue ReadingIn a week where UK politicians spectacularly misread a huge swing in local election voting towards anti-Brexit parties, as “a clear message to deliver Brexit now,” let’s cast a more rational eye over the week’s happenings in Bitcoin news. Top Bitcoin News: Record 2019 Bitcoin Price It would be hard to argue that price-wise, Bitcoin had […]
Continue ReadingAfter an April that renewed the hope of many for Bitcoin’s future, the number one digital asset has started May strong too. The entire market capitalisation of Bitcoin alone today surpassed the psychological milestone of $100 billion for the first time since last November. The increased buying has been cause for celebration amongst much of […]
Continue ReadingOver the last few days, Bitcoin dominance has moved to its highest point relative to the rest of crypto market so far in 2019. Although far too early to categorically state as such, this could be a sign of the decoupling that some analysts have stated necessary for a true Bitcoin bull-run to begin once […]
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