Markets

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...

Bitcoin (BTC), the world’s number one cryptocurrency by market cap, is exploding at the time of writing, and has shot up past the $8,800 mark.Bitcoin Is Heading for Bigger and Better HeightsThis, by itself, is a vast improvement over where the asset stood yesterday morning, which was $8,500. That means that bitcoin has improved by well over $300 in less than a day. Perhaps people like Sonny Singh of Bit Pay, Tim Draper, Ross Ulbricht and Charles Hoskinson all had a point to their...

During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out.Huobi’s Impressive 24H InflowsThe popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges. According to the report, Huobi’s inflow outperforms dramatically every other exchange and is...

The Bitcoin SV pump has caught many crypto investors by surprise. A Twitter user has been following BSV’s price action and has a theory as to why the price of the bitcoin hard fork suddenly spiked. If market manipulation is truly the cause of the surge, investors should take caution as a massive dump is possibly on the horizon. While bitcoin maximalists are excited about the king of cryptocurrency’s over 24 percent pump, one bitcoin hard fork is leaving nearly...

Fidelity Digital Assets, the cryptocurrency arm of financial giant Fidelity Investments, is making a foray in the European market. As per the latest development, Fidelity will offer custodial solutions for Bitcoin to European-based Nickel Digital Asset Management.Currently, Nickel Asset Management has launched its another cryptocurrency offering. This is the Nickel Digital Gold Institutional Fund allowing institutional players to leverage opportunities in the crypto space.Just last month,...

Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was witnessed for the first time this week as Bitcoin Cash (BCH) was replaced by Bitcoin SV (BSV) as the world’s fourth-largest capped cryptocurrency. The BSV Flippening BSV gained over 100% on Tuesday alone, eventually topping...

In the past few days and weeks, the recent volatility observed in the combined crypto markets has mainly supported bulls.This impetus allowed the price of Ethereum (ETH) to break past the key resistance levels that previously hindered its price action, which has now opened the door for significant further growth.Ethereum, although, could not break past its main falling trend line, which suppressed its recent price movement, that is why some analysts continuously showed a bearish attitude...

Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to note that bitcoin and other large cap coins may succumb to profit-taking soon. The jaw of the crypto community dropped on Tuesday. Bitcoin along with nearly every other crypto generated a pump that has not been seen for quite some time....

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...

DASH sees an epic 46% price surge over the past 24 hours, bringing the price for the coin up to $120.Against BTC, DASH has rocketed above 0.01 BTC and climbed much higher toward 0.013 BTC.DASH has now increased by a total of 183% over the past fortnight, allowing the cryptocurrency to rise into the 12th ranked position.Key Support & Resistance LevelsDASH/USDSupport:  $113, $107, and $100.Resistance: $124, $140, and $147.DASH/BTC:Support: 0.0131 BTC, 0.0117 BTC, and 0.01 BTC.Resistance:...