Crypto markets are motionless today, Stellar and BNB making minor gains, Iota and Maker receding. Movement on crypto markets has been minimal all week and nothing has changed as we begin the weekend. The majority of crypto assets have done nothing since yesterday and total market capitalization is still holding just above $120 billion. Bitcoin…
JP Morgan has doubled down on their criticism of Bitcoin (BTC) and Crypto in general in a recent report analyzing the nascent markets. Within this report, analysts at the financial institution made multiple claims regarding the markets, notably saying that Bitcoin may only be a good hedge in a “dystopian scenario.” This bearish report does…
Although the cryptocurrency markets have found some levels of support and stability around their current prices, many investors and analysts alike are looking towards future events that could potentially lead to a Bitcoin (BTC) price surge. Now, analysts are speculating that anticipation for Bitcoin’s upcoming “halving” event could lead its price to surge. Analyst: Bitcoin…
Fundstrat Global Advisors co-founder Tom Lee appeared on Fox News earlier today to talk to talk about traditional markets and cryptocurrency. It was not long before his famous “$25,000 by the end of 2018” Bitcoin price prediction was brought into question. Lee blamed the proliferation of the ICO fund-raising technique for the inaccuracy in his…
Nine months ago, prominent crypto analyst Nic Carter made a bold prediction that in less than a year, at least one “nation state” would announce the creation of a Special Crypto-Economic Zone. Today, Carter’s prediction rings true with a number of countries such as the Philippines, South Korea, and Thailand are working to create an…
Another day, another price prediction. They are coming thick and fast at the moment as analysts and industry observers scramble to predict where the bottom will be. Some are more optimistic than others, but it is to be expected that JP Morgan is firmly on the pessimistic side of the fence. JP Morgan Predicts More…
Crypto markets are frugal on Friday, Litecoin is the only one making a move, the rest are lethargic. The week is ending on a flat note as there is still very little movement amongst the major cryptocurrencies this Friday. Markets have plateaued around the $120 billion capitalization level but are unable to make any significant…
The past year has been long and difficult for everyone involved in the cryptocurrency industry, and the markets are now reaching a point that will mark the longest ever Bitcoin (BTC) price correction in the cryptocurrency’s wild, albeit brief, history. For investors who have been riding the markets ever since Bitcoin hit nearly $20,000 in…
The much anticipated Bakkt platform by the Intercontinental Exchange has today announced further details about its Bitcoin Futures product that was due to launch today. The forthcoming exchange platform will be offering physically delivered daily futures contracts with an aim to bring greater regulatory oversight to Bitcoin price discovery. The contracts will be traded in…
Blockchain tech firm and startup incubator ConsenSys will be collaborating with the likes of Harvard University, self-proclaimed “think tank” New America, and iconic denim brand Levi Strauss & Co. on a new initiative to bring Ethereum-based blockchain technology into the workplace in an effort to improve the overall health and safety of workers. The news…