Bitcoin has definitely seen better days in the last couple of months. The cryptocurrency has recently been trading at around $7,500, while fluctuating up and down along the way. Today, however, the cryptocurrency jumped with almost 17%, now trading at around $8,000. Source: Coinbase, 2018 Many are wondering why the currency jumped with such…
Read moreFCA regulated Retail FX and CFDs broker Admiral Markets has just announced the launch of its Cryptocurrency Bubble-O-Meter. The Cryptocurrency Bubble-O-Meter is a brand-new analysis tool which allows clients to compare the value of all existing cryptocurrencies and tokens through adjusting their prices by supply and volume relative to Bitcoin. This can helps clients with…
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The cryptocurrency world was again taken "aback" by the rumours on what might the G20 ministers come up with about the future of Bitcoin and other altcoins. The G20 ministers are essentially the government heads of the 20 most powerful world economies who met in Argentina for the G20 Summit this month. The major topic,…
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The Monetary Authority of Singapore (MAS)'s Managing Director, Mr Ravi Menon, has given a speech at Money20/20 event (15 March 2018). He spoke in details about... well, first of all, Money, but he has also shared his opinion on managing crypto risk, financial stability, money laundering, investor protection, and so much more. The complete text…
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A new global poll has just revealed that six out of ten people with currently no exposure to cryptocurrencies would consider including cryptocurrencies like Bitcoin into their investment portfolios. Meanwhile, 7 out of 10 people who do hold cryptocurrencies are planning to increase their exposure in the next 12 months. In the survey carried out…
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Information giant Thomson Reuters (NYSE:TRI) announced that it has launched a new version (v3.0) of its MarketPsych Indices (TRMI) which includes its first sentiment data feed for Bitcoin in addition to new and/or enhanced market sentiment data for several asset classes, new user capabilities, and additional coverage. The launch has been made through its partnership…
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BTC/USD launched for trading on DEMO Geneva based Retail FX broker Dukascopy just announced that it has expanded the range of instruments with a new asset type: CFDs on cryptocurrencies. Bitcoin to US Dollar (BTC/USD) with leverage 1:3 have been added on DEMO environment in response to many trader requests. Live environment will follow soon.…
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While the cryptocurrency market seems to have stabilized, the value of Bitcoin is constantly argued about, especially after its value took a huge dip in January 2018 falling from what was $20,000 in December, to less than $7,000 at one point in January. The Bitcoin community, however, seems to be more united than ever. Now,…
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It was Forbes magazine that first talked about the power of decentralization and the power of blockchain, hence the power of Bitcoin. So, the real power control over Bitcoin is hard to pinpoint sometimes. Yet, in times of great fluctuation and price "turmoil", one group of "Bitcoiners" appear stronger than other. The so-called "hodlers" or…
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On the 22nd of February, 2018, Bank of America, in its annual report to the SEC, expressed its concerns over cryptocurrencies and its inability to "outcompete" the new fintech wave. BoA has cited the area of cryptocurrencies as a huge possible expenditure for the business of the bank and its eventual inability to stay on…
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