-Bitcoin news, price, information & analysis
At the end of 2018, the stock market tumbled, and leading cryptocurrencies such as Bitcoin fell through price support to reach new yearly lows, sending the crypto market into a depression state. There’s hope at the end of the tunnel, concludes a team of analysts, whose average price...
The crypto markets have extended yesterday’s losses into today, with most major cryptocurrencies trading down slightly at the time of writing. Bitcoin and Ethereum have both established levels of resistance over the past few days and are continuing to respect those levels. Although the markets are expressing some levels...
Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels...
The stock market is currently experiencing a sideways trading session, with all of the major benchmarks trading down slightly. Although the markets have seen unprecedented volatility towards the end of 2018, analysts still have lofty expectations for how some major stocks will perform in 2019. Their bullish views...
Following the recent downturn in the US stock market, investors have now bore witness to wild market volatility, the likes of which haven’t been seen in years. Although the markets are ending 2018 on a less-than-positive note, one prominent economist now claims that massive daily price swings will...
The discussion of an existing correlation between stocks and Bitcoin continues. Having been found to move in tandem during short periods, both asset classes have experienced gains in 2017 and losses in early 2018. Their common ground, however, may boil down to sentiment. Correlation Between Stocks and Crypto Only Found...
Matt Hougan, the vice president of research and development at Bitwise Asset Management Inc, expects the correlation between Bitcoin and the broader financial market to remain low, which may allow Bitcoin to appeal to institutional investors as a proper diversification asset whose price movement is immune to traditional...
A prominent investor has stated that he feels that Bitcoin is acting as an indicator for the direction that the market will move. Brian Stutland of Equity Armor Investments spoke to CNBC about the correlation between the world’s most prominent digital currency and the wider, non-crypto market. Stutland:...
In a step towards mainstream adoption, Peter Thiel’s venture-capital firm is backing a startup that intends to bring Wall Street electronic-trading expertise to the cryptocurrency market. Thiel’s firm, San Francisco-based Founders Fund, is one of the investors behind the early-stage startup, called Tagomi Systems Inc., according to people...
XRP is marketed as a valuable link between the world of traditional banking and digital currencies, supposedly designed to revolutionize how banks move cash across borders, making transactions faster and cheaper. Despite this, Ripple is struggling to get listed on two major U.S.-based cryptocurrency exchanges, Gemini and Coinbase. According to people...
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