Although this week was off to a volatile start, as the days went on Bitcoin began finding increased stability in the $3,600 region. This stability has led to a bout of sideways trading for the entire crypto markets, which have drifted down slightly today. Now, one prominent crypto analyst believes that Bitcoin needs to trade…
ErisX, a crypto exchange has completed a Series B funding round with support from leading firms including Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures, and Monex Group. ErisX Will Operate as Crypto Futures Exchange, Clearing Organization, and Spot Market The crypto trading platform, with a pending license as a clearing organization with the U.S. Commodity Futures Trading Commission…
Holding onto and storing digital assets for clients has become one of the key criteria in offering crypto services, at least according to Goldman Sachs. The Wall Street banking giant said that it is not any closer to offering cryptocurrency products amid this year’s bear market according to Bloomberg. The bank’s head of digital asset…
While a majority of crypto-related news is sculpted for public consumption, in juxtaposition to the transparency that public blockchains provide, recently-released documents from the U.S. Securities and Exchange Commission (SEC) indicate that a paramount closed-door meeting recently occurred. VanEck: Our Bitcoin ETF Issues Have Been Resolved Two weeks ago, stowed far away from the prying…
It’s no secret that mainstream media isn’t the biggest fan of cryptocurrency, often releasing sensationalized reports that demand page views more than they do facts. That being said, the Wall Street Journal (WSJ) is now a part of the cryptocurrency market after creating their own crypto – called the WSJCoin. The U.S.-based news outlet embarked…
In spite of the ever-tumultuous market, crypto investment services providers have continued to eye the expansion of their product lineup in a bid to entice prospective investors to allocate capital to this space. LedgerX Ethereum Options Are On Their Way Frank Chaparro, who has gained recognition for his crypto-focused Business Insider pieces, recently revealed that LedgerX, a…
While the cryptocurrency markets are sitting well off their year-to-date lows, and Bitcoin is showing increasing stability with major support at $6,000, a Cboe options expert is now claiming that the markets may have yet to hit rock bottom, based on how this rally ultimately ends. As market sentiment is near its all-time low, the…