What Are Altcoins and Why Are There Over 5,000 of Them?

What Are Altcoins and Why Are There Over 5,000 of Them?According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that […]

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Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin

Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts BitcoinSwitzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track the price movements of BCH, BTC, ETH, XRP, BNB, and tezos. Also read: Regulatory Roundup […]

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Getting In and Out of the Cryptocurrency Economy Can Be Costly

Getting In and Out of the Cryptocurrency Economy Can be CostlySince bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat for crypto the fees are just as […]

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Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

Sweden's Financial Authority Approves Swiss Crypto ETP Provider AmunOn December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes Live […]

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Binance Coin Slightly Outperforms Bitcoin in Year-over-year Growth

BNB priceWhen it comes to determining the performance of cryptocurrencies, Bitcoin is always miles ahead of the rest. That is, until this year, as Binance Coin has had a pretty decent year as well.  Competing with the world’s leading cryptocurrecy is no easy feat, even under the best of circumstances. The Success of Binance Coin Most of the altcoins have lost value, even those ranked in the top 10 depicted by market cap. One exception is Binance Coin, the native token of the world’s most popular cryptocurrency trading platform. Some statistics indicate BNB has gained roughly 150% in value this year

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Binance Coin (BNB) Price Analysis and Prediction – Support Failed

bnb logo featuredToday was a rough day for cryptocurrency markets as over $40 billion in overall marketcap was lost. Most coins exhibited double digit losses, and are toppling once again after bouncing off first support. Binance coin was no stranger to the bears as it also lost over 16% in the past 24 hours. Let’s take a look at the charts and see if Binance can hold the current support and speculate whether or not the bloodbath is over. Binance Coin (BNB) News The major drama with BNB today was the flash crash of their BTC/BUSD pair to a low of $1800.

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