Markets

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...

The Ripple CEO has decried the lack of proper crypto regulation as the company fights the SEC about the classification of XRP as a security.Ripple CEO Brad Garlinghouse has said that authorities in the US do not have clarity on cryptocurrency regulation in the country. The CEO describes the situation as “frustrating” amid legal battles between Ripple and the US Securities and Exchange Commission (SEC). In a recent conversation with CNBC’s Squawk Box Asia, Garlinghouse compared the crypto...

Following another drop to $52,500, bitcoin reacted positively and regained $2,000 of value in the following hours. However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%. Ethereum reached yet another ATH yesterday, while BNB spiked well above $600. ETH’s Latest ATH; XRP Surged 15% Most alternative coins have been on a roll lately, with Ethereum leading the pack. After dipping below $2,000 a few weeks back, the...

Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...

While bitcoin is sinking into oblivion as of late (the world’s number one digital currency by market cap fell from around $64,000 two weeks ago to roughly $49,000 at the time of writing), it looks like Dogecoin continues to spike like there is no tomorrow, and many of its investors are raking in some serious profits. One is Glauber Contessoto, who recently became a Dogecoin millionaire. Contessoto Made a Valid Investment Decision Contessoto first began investing in the...

Billionaire investor and former hedge fund manager Mike Novogratz has always been a big fan of bitcoin along with other forms of crypto. In a recent interview, he commented about what has made the world’s primary form of digital currency last so long, and he talked about what was potentially causing the asset to surge the way it has. Mike Novogratz: This Is Just a Small Correction At the time of writing, the price of bitcoin has fallen by more than $15,000 from its...

Terra Virtua is the purveyor of robot characters called vFlects, 3D animated designs that interact in an online environment.A company that has made its bones on animated intellectual property is partnering with a leader in conceptualized NFTs to offer a very unique collectible ecosystem for this newly emerging market.Non-fungible tokens or NFTs represent a major new force in fintech, around the blockchain ecosystem. Just as blockchain immutable ledger technologies can support verification for...

Customers of both Euronext and Borsa Italiana Group will now benefit from the larger size of the new group.Euronext has announced the completion of its $5.3 billion acquisition of Borsa Italiana from the London Stock Exchange Group. The European exchange Operator revealed on Thursday that the deal went ahead after all condition precedents were deemed satisfactory by both parties. Chief Executive of Euronext, Stéphane Boujnah speaking after the announcement stated that the “significantly...

Despite Ethereum’s increasing price, the Canadian TV personality and well-known investor Kevin O’Leary predicted ”it’s always going to be N.2” to Bitcoin. Mr. Wanderful also opined that the first-ever cryptocurrency will serve as gold, while ETH will be silver. Ethereum’s Rally vs. O’Leary’s Forecast The second-largest cryptocurrency has been blooming recently. Its price reached an ATH today and traded at around $2,800. Relative to bitcoin, ETH has significantly increased its...

By the time of writing, ETH has set a new ATH at over $2,797 with a market cap of over $320 billion. While the leading digital asset Bitcoin is famous for being equated to gold, Ethereum (ETH) has now been able to overtake the market cap of another precious metal. Per available data, ETH is now the 33rd most valuable asset in the world, surpassing platinum, a highly valued metal on its way up.Ether was able to achieve this when it broke its previous ATH and setting a new record above the...