Markets

Ethereum saw a small 5% price decline over the past week and it currently trades at $173.03. The cryptocurrency continues to be supported at the $170 level but it seems that the bears are adamant to push Ethereum lower. Ethereum has lost a total of 20% over this past month, after falling from the high of $225 during September.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $18.76 billion. The good news is that ETH looks to be holding strong against BTC and we...

The highly volatile nature of cryptocurrency markets makes this industry simultaneously exciting and very risky.The price of bitcoin rapidly moved from around $600 in November 2016 to an all-time high of nearly $20,000 in December 2017.Of course, many, due to FOMO, bought Bitcoin worth hundreds to thousands of dollars during the “crypto bubble” period, hoping that the price would “moon”.It was also in that period that the ICO craze begun. Many novice and experienced investors threw their...

Positive Preisprojektionen zum BTC gibt es wie Sand am Meer. Doch auch negative Projektionen werden immer wieder von einigen Finanzexperten und Investoren geäußert – einer von ihnen Peter Schiff. Schiff sieht Bitcoin in naher Zukunft sogar nur noch bei 2.000 US-Dollar.Bitcoin News: Peter Schiff sagt, Bitcoin bald nur noch bei 2000 US-DollarPeter Schiff ist kein Fan von Bitcoin. Schiff steht zum Beispiel hinter Schiff Gold, womit sich auch schnell erklärt, warum er kein großer Bitcoin-Fan ist....

Photo: CoinsbitCoinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition....

Photo: Fidelity Digital Assets / TwitterAs promised, Bitcoin custodian Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, spreading from the limited trial users in the platform’s final test stage.Financial Times reported that by building up its crypto custody business, the focus of the company is to profit from the shortage of classically and traditionally regulated institutions as are banks and other more conservative...

Bitcoin price over the past days isn’t the best show in town. The cryptocurrency had been boring, trading under a tight range above and below the $8000 mark. As of now, the coin’s price is around the same levels of three days ago.A couple of signs are suggesting a vast move coming up: Bitcoin is coming to a decision point on the horizontal triangle being built in the mid-term.Bitcoin is forming a short-term triangle (can be seen on the following charts), where its apex takes place in the next...

French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not the first time Le Maire is showing his hate towards cryptocurrencies. Last month, when he spoke about Libra, he said that this kind of technology, developed by the social media giant “causes serious concerns and therefore its operation cannot be authorized for use on European soil.”He added that the Libra...

Photo: Galileo Financial Technologies / YouTubeA gentleman named Clay Wilkes had already decided to retire and enjoy his late years when he changed his mind – he’d rather not to. In 2000 this amazing entrepreneur launched Galileo Financial Services and already then realized the growing demand for better integration between and financial institutions and secondary services.19 years later, what his company does exactly that is the back-office connections with financial institutions and, boy,...

Photo: Tesla / TwitterWe all know how the Chinese are very protective of their domestic economy and how they don’t let anybody come and just set up a business within their borders for domestic consumption without strict controls. Tesla seems to have been able to jump through all the hoops and regulatory processes required to be able to manufacture electric vehicles in China sources indicate.In what seems to be a first for China, this is the first time that the government will be allowing the...

Photo: ShutterstockThe role of a digital asset trading platform has advanced well beyond a forum to arrange trades between buyers and sellers.This expanded role carries with it an evolving set of expectations from speculative traders and investors. It becomes imperative for them to understand the multi-faceted role of a trading platform, and different aspects of cooperation between digital asset projects, the platform, and supporting agencies referred to as Liquidity Specialists or...