Markets

OTC deals are currently widespread. What advantages and features do they have? Today, the cryptocurrency trading market is developing at an ever-increasing pace, and the market is predicted to have a great future for cryptocurrency trading. If previously OTC deals were conducted on forums, now users and market participants prefer to trade on specialized services. Advantages of OTC cryptocurrency trading Safe and profitable OTC deals can be made quickly and conveniently...

By partnering with the German online retail platform comdirect, 21Shares AG will enable investors to purchase BTC and other digital assets for their savings accounts. Crypto as a Saving Option 21Shares AG, the Swiss-based investment product issuer, has partnered with the large German online brokerage – comdirect – to bring its cryptocurrency exchange-traded products, or ETPs, to the latter’s savings plan program (Spar plan). As a result, comdirect’s nearly three million...

Tron price started a fresh decline from well above $0.0650 against the US Dollar. TRX price is now trading well below $0.0620 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower below $0.0560 unless the bulls gain strength above $0.0650. TRON price is slowly moving lower below $0.0600 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh decline after it failed to surpass $35,000 against the US Dollar. The price is now trading well below the $34,250 zone and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $34,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $30,000 support zone in the near term. Bitcoin price is slowly moving lower below $33,000...

Cryptocurrencies took center stage in 2021 as the market went through a massive bull run where the price for bitcoin skyrocketed to an all-time high of $65,000 in mid-April, and many other cryptocurrencies followed suit. This attracted a lot of attention even from institutional players and large, publicly-listed companies. The elephant in the room is obviously Tesla. Elon Musk’s electric car maker announced that it had bought $1.5 billion worth of BTC back in January and even...

Is bitcoin about to stage a comeback? This is the sentiment of a few financial analysts out there, who claim that technical indicators suggest the currency may head north from here. Bitcoin May Be Heading Towards Greener Territory Financial and crypto reporter Omkar Godbole recently wrote about one specific tech indicator pertaining to bitcoin and its present market conditions. He explained: Bollinger bandwidth, a measure of volatility calculated by dividing the spread...

S&P Cryptocurrency BDM Ex-MegaCap Index a subset of the BDM that excludes the constituents of the S&P Cryptocurrency MegaCap Index (Bitcoin and Ethereum). Renowned index provider, S&P Dow Jones Indices (S&P DJI), has announced that it would now be launching crypto-related indices for its users, the indices would include S&P Cryptocurrency Broad Digital Market (BDM) Index that contains over 240 crypto tokens already.This is in line with the various expansions the firm has...

JPMorgan outdid major indices and has performed beyond the bars set by many stock analysts. JPMorgan Chase & Co (NYSE: JPM), one of the world’s leading investment banking firms, has published its Q2 earnings report. The news revealed on Tuesday, reiterated the fact that the company has done exceedingly well and broken all expectations of market panel analysts in terms of record revenue generation. Following the recent upheavals encountered by the firm in their stock prices, the company...

The crypto billionaire suggested that engagement between regulators, governments, and companies are necessary and would result in a positive outlook for the crypto space in years to come.While some may see the various regulatory measures greeting the crypto industry as plans of the authorities to crash the space, a crypto billionaire and ex-CEO of Bitmain believes that regulation of the sector is good for the long-term growth of the sector.Jihan Wu explained to CNBC at a conference that the...

The Co-Chief Investment Officer at SkyBridge Capital believes that Bitcoin (BTC) and Ethereum (ETH) would be the leading assets in terms of a store of value. Furthermore, he opined that the primary cryptocurrency would become the main financial instrument for transaction use. Bitcoin and Ethereum as Store of Value Assets Despite the ongoing crypto market downturn, SkyBridge Capital’s CIO – Troy Gayeski – praised Bitcoin as an asset class and highlighted its benefits. In a...