All cryptocurrencies dumped to yearly lows in mid-December, Ethereum among them. Some have made a slight recovery but others have taken off at a far greater pace. ETH Market Cap Doubles in Three Weeks On December 15 Ethereum was smashed to an 18 month low of just above $83 according to Coinmarketcap. Its market capitalization…
Crypto markets moving slowly higher; Ethereum leading, Iota, Monero and Maker doing well. Crypto markets have continued their slow march upwards for another day. Gains are minimal but digital currencies are gaining at the moment as total market capitalization stays above $130 billion. Bitcoin has crept up 1.7% on the day to just below $3,900…
Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%. Today’s move marks the first market surge of 2019, although Bitcoin…
The CEO of successful investment house Galaxy Partners has stated that he sees Bitcoin and other cryptocurrency as a highly risky investment. It is for these reasons that Viswanathan Shankar will not be allocating any of his fund to the emerging technological and financial innovation. Instead, Shankar prefers to invest in Africa and Asia-based companies that…
The bear market has been a bane for many crypto investors and related businesses that have struggled to remain profitable during continued price decline. However, the niche market of crypto lending is currently booming despite the rest of the market and industry suffering. Crypto Creditors Creating Opportunity Out of Market Despair While some of the…
Crypto markets moving upwards today; Ethereum and Monero making momentum, XRP flipped to third. A minor recovery has occurred as 2019 gets underway. Markets are up a little on yesterday’s levels as total capitalization approaches $130 billion again. Things seem to have settled in this range bound channel for now and a breakout is still…
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many analysts see the drops in both markets as being temporary, which could mean that…
While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures. However, one crypto analyst has claimed…
This year has certainly been a tumultuous one for cryptocurrency. What started off with a bang ended with a whimper as the entire market shed 84% and $700 billion exited the scene. To round out 2018 we will look back at key events in what has been the year of the bear for crypto. Looking…
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 become a new reality for the markets…