Markets

Less than a month after VanEck filed documents with the SEC to launch an Ethereum ETF, WisdomTree has done the same. The asset manager, based in New York, has previously applied for Bitcoin ETFs but to no avail so far. Founded in 2006, WisdomTree is an American exchange-traded fund and exchange-traded product sponsor and asset manager with over $42 billion in AUM (as of 2018). According to a recent filing with the US Securities and Exchange Commission, the organization plans...

Bitcoin cash price declined heavily and it even tested the $470 level against the US Dollar. The price is now trading just above $700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $750 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating and it might attempt an upside break above $800 and $850. Bitcoin cash price is recovering losses from $500 against the US...

If investors can cope with the massive double-digit price swings in the cryptocurrency markets, they will eventually prevail, asserted the President of Bianco Research, Jim Bianco. He also admitted to owning ether instead of bitcoin, as he sees more potential of surging higher. The Volatility in Crypto Markets is to Be Expected The cryptocurrency space is known for its enhanced price fluctuations. Doubled-digit percentage drops and increases are nothing new, and the past...

With bitcoin continuing to slip into oblivion, it is no wonder why so many financial analysts and firms seem to believe that the world’s number one digital currency by market cap is going to get overtaken in the coming weeks and months, and according to a new report from monetary powerhouse Goldman Sachs, executives firmly believe that Ethereum may be on the verge of being king of the crypto space. Goldman Sachs Seems to Think ETH Will Come Out on Top Earlier in the...

During the first quarter, Nvidia’s graphics sector brought in a $3.45 billion revenue representing an 81% rise while crypto miners’ demand brought in $155 million.Nvidia Corporation (NASDAQ: NVDA) stock had risen to $630.06 (0.52%) during Thursday’s pre-market session and was 0.16% down at the time of writing. The tech company has shown a steady increase in performance with records of 7.44%, 2.45%, 17.98%, and 20.26% in 5 days, 1 month, 3 months, and YTD respectively according to metrics...

Beyond its SPAC merger, Acorns will have to navigate the terrain to gain a good market stance amidst stifling competition.Fintech startup Acorns Grow Inc is planning to make its public debut through a merger deal with a publicly-traded Special Purpose Acquisition Company (SPAC), Pioneer Merger Corp (NASDAQ: PACX). According to a report by CNBC, the deal values Acorns which runs a savings and investment product at $2.2 billion, with the deal expected to close sometime later in the second half...

Esports crypto betting has become a trend in recent times as the accessibility of the gaming type has continually improved. Nowadays, both small vendors and many reliable Esports bookies are largely used by cryptocurrency, thereby enlarging betting markets in Esports. You can read more on CryptoBetting to find out the best crypto betting sites for Esports. What is Esports? As the name states, E-sports means electronic sports, this involves multiplayer video games which...

CoinList announced the Spring 2021 batch of CoinList Seed projects to empower blockchain startups as its market continues to grow despite the recent market struggles.CoinList, a trusted service platform for new crypto offerings, has introduced the CoinList Seed Spring 2021 Batch. CoinList since its debut has been providing products and services to crypto startups making a name for themselves in the crypto industry. CoinList has led public token sales for some of the emerging blockchains...

The substantial growth of the cryptocurrency sector in the past year has caught the eye of central bankers. The latest to opine on the matter and, somewhat expectedly, to dismiss the industry’s chances of actually disrupting the centuries-old financial space was the governor of Denmark’s central bank. Crypto Is Speculative Fad During a recent interview with Bloomberg, Lars Rohde, the governor of Danmarks Nationalbank, took a few stabs at the cryptocurrency sector. Despite...

[Sponsored Content] It goes without saying that the cryptocurrency market has been particularly volatile throughout the past few weeks. It all started when Elon Musk revealed that Tesla will no longer be accepting bitcoin for its products while bashing the primary cryptocurrency for its inefficient mining process. In all fairness, all of this was rather expected, and many cryptocurrency proponents were left baffling as to how Musk and Tesla failed to see this earlier. Then...