Price analysis 11/6: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV
Bitcoin price looks slightly overextended in the short-term and may take a break while altcoins play catch-up. Go to Source Powered by WPeMatico
Month: November 2020
Interview: Is the stock-to-flow model flawed?
According to crypto analytic firm ByteTree, the popular stock-to-flow model is not a reliable indicator for Bitcoin’s long term price action. Go to Source Powered by WPeMatico
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this year, news.Bitcoin.com reported on a number of Switzerland-based fintech services … Read more
3 reasons why traders expect Ethereum price to rally above $500 in 2020
Following Bitcoin’s bullish move, Ethereum price rallied to $447 and now traders anticipate an uptrend toward $500 and beyond. Go to Source Powered by WPeMatico
CFTC allows ErisX to clear commodities beyond crypto
A recent license amendment from the CFTC greenlit ErisX’s expansion into trading product offerings on other commodities. Go to Source Powered by WPeMatico
Imcoin (IMC) “The First Hybridcoin” Arrives To Impose a New Concept of Cryptocurrencies
PRESS RELEASE. The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed with an audited and public underlying where the money from the sale of the token is entered, but which in turn tries to increase in value. to positively impact the … Read more
Bitcoin price nears $16K, but it’s Ethereum that may shine in November
After Bitcoin’s strong breakout above $15,000, analysts are looking toward Ether as the market sentiment around Ethereum strengthens. Go to Source Powered by WPeMatico
Russia’s central bank says the pandemic has accelerated regulators’ interest in CBDCs
The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies. Go to Source Powered by WPeMatico
Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs … Read more
More crypto regulation is coming, industry execs say
After multiple years of heightened legal overwatch, the future may hold much of the same. Go to Source Powered by WPeMatico
