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Another day of trading has passed and the cryptocurrency markets look worse for wear. Albeit it is evident there is still some room for improvements, most of the declines have been stemmed, for the time being. By the look of things, the Bitcoin price may be on its way to reaching $7,500 once again. Reaching … Read more
Bitcoin’s price seems low, but many traders are unfazed by its movements, while some see manipulation Go to Source Powered by WPeMatico
It is evident the cryptocurrency market recovery process is still in full effect as we speak. Whether or not this will lead to any major changes, remains to be seen. More specifically, things look somewhat promising now, but things can turn around fairly quickly these days. For now, the Ethereum price seems to be on … Read more
While crypto’s famed volatility can be terrifying for investors, it is something that needs to be weathered Go to Source Powered by WPeMatico
On Wednesday Trueusd, a stablecoin designed to be pegged to the US dollar, experienced a sudden bump in price after Binance announced support. The news caused Trueusd (TUSD) to rise by an unprecedented 40% before eventually subsiding. Trust Token, the coin’s developers, have now explained to news.Bitcoin.com how this sequence of events came to be. … Read more
Today will prove to be another difficult day for all cryptocurrency markets. The bearish pressure is not relenting by any means, as market makers are intent on keeping the prices down for some time to come. With the Bitcoin price now dropping below $8,200, it seems to be a matter of time until the value … Read more
As cryptocurrency works its way toward mass adoption, one of its biggest obstacles is volatility. Markets change overnight, and we’re so desensitized to it that we don’t even blink at dips that would bring national economies to their knees. Stablecoins – cryptocurrencies that are tied to existing currencies or commodities like the US dollar or gold – are fungible, easily … Read more
St. Louis Federal Reserve President, James Bullard, was recently interviewed at this year’s Consensus conference in New York City. That a top US economic policy maker was in attendance is victory enough; however, he was asked his opinions on cryptocurrency going forward by CNBC Global Markets Reporter Seema Mody. He explained he found the phenomenon … Read more
Although all of the top cryptocurrencies are still in the red as of right now, it seems the momentum is slowly turning in favor of these coins once again. Do not be mistaken in thinking there will be any major upward momentum for all of these coins in the coming hours, though. Right now, the … Read more
The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! … Read more
