A number of ideas have been offered for the way these two markets have moved in lockstep. Some analysts have borrowed the explanation given for gold’s route that occurred at roughly the same time. The idea was that equity traders chose to take profits in these other assets that performed well into 2020 in order…
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London-based hedge fund, Nickel Asset Management, has spotted an opportunity in the market, devised a strategic plan, raised $50 million for the project, and will soon introduce the Nickel Arbitrage Fund. The sole purpose of this new fund will be to take advantage of various arbitrage situations across the Crypto-verse. According to its release, the…
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After more than one decade, Bitcoin continues to be the market leader according to its share of overall crypto market capitalization. Yes, dominance dropped drastically during 2017, when altcoin development projects flooded the market, but Bitcoin had clawed its way back to a 50% share by the close of 2018. It remained so until this…
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Paxful, a peer-to-peer bitcoin marketplace, informed that it has teamed up with the blockchain and cryptocurrency products developer The White Company. The partnership aims to deliver the benefits of global payments to emerging markets, allowing Paxful customers to exchange their bitcoin into Visa or MasterCard prepaid cards in 10 fiat currencies (USD, GBP, EUR, INR,…
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It has been no secret that crypto enthusiasts have been begging for the management of the Bakkt crypto exchange initiative to complete the actions necessary in order to launch. Bakkt, the brainchild of Intercontinental Exchange (ICE), the owner and operator of the New York Stock Exchange, was to be the consummate crypto futures exchange, dealing…
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If the crypto blockchain is anything, it is transparent, but only to a degree. Account addresses and their balances are in full public view. Researchers are free to slice and dice the data in a myriad of ways, but what they cannot see, unless it is publicly disclosed, are owners of particular accounts. The top…
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The sudden breakout in Bitcoin prices last week, the highest since early December, have seen analysts rallying behind the positive climb, with many viewing the bounce as the long-awaited return to an impending bull run. The rise is not solely reserved for Bitcoin as alt coins too take a leap forward, Messari reports. While the…
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While the crypto community eagerly anticipates the participation of institutional heavyweights in 2019, Fidelity’s new cryptocurrency company has actually been active, silently surveying, educating, and steadily adding interested institutional investor clients, comprised at this point primarily of hedge funds and family offices. Tom Jessop, the head of Fidelity Digital Assets, recently shared his thoughts in…
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After hitting several all-time highs in December and January, Ripple has now plunged with 50%, which has essentially put a stop to the token's rally. But what could be the reasons for such a quick drop, especially when Ripple currently enjoys "Asian appetites" and is considered "on fire"? According to CoinMarketCap, the surging price of…
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Right after CBOE launched bitcoin futures on 10th December, 2017, CME launched their bitcoin-related derivative on the 17th December, just a week after CBOE did. With that, Bitcoin eclipsed the $20,000 mark, trading shortly for around $20,089. Now, the price has slipped a little, but the positive outlook on the crypto market continues and the…
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