Markets

The digital asset trading venue has reportedly doubled-down on its endeavors for its planned stock market listing. The US multinational investment bank Goldman Sachs, which has a somewhat controversial history with the cryptocurrency industry, will lead the preparations. CryptoPotato reported recently that the exchange had confidentially submitted a draft registration statement with the US Securities and Exchange Commission (SEC). By completing Form S-1, Coinbase completed the initial...

Bitcoin’s highly-volatile days continued with wild moves of almost $1,000 that took it from $23,300 to $22,400 and vice versa. Most large-cap altcoins have remained relatively calm, with Ethereum trading mostly around $650. Binance Coin, though, has increased by 5% and finally trading above $30.Bitcoin’s Price Sideways ActionAs reported recently, bitcoin initiated a massive bull-run following consolidation around $19,000 for a few days that resulted in breaking into uncharted territory above...

Happy about the increase in the price of Bitcoin? Share some of your wealth with the miners. Bitcoin’s transaction fees are rising at a frantic pace, following the bull run and the general optimism in the crypto markets.During the last week, Bitcoin’s prices spiked significantly, breaking the previous ATH and hovering above $23100. But transaction fees rose almost in line with Bitcoin’s prices.The price of Bitcoin during 2020. Image: CoingeckoBitcoin Fees Follow The PriceIn a matter of about...

This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new all-time high. But it was far from being done yet.After breaching the coveted $20,000 mark, BTC went on a rampage, taking down one target after another. Before the run was finally calmed down, the primary cryptocurrency had taken for the sky and reached its current all-time high at around $23,800.However, this also drove a lot of fresh capital to the entire market....

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has added another $500 to its price and is now trading for well over $19,500. This is a new high for the currency considering the asset has spent the last few days traversing the doldrums.Bitcoin Surges By $500To be fair, the currency has done well for itself. It recently spiked beyond the $19,000 mark for the umpteenth time in the past few months and has remained there for a short period. However, this...

Both Algorand and the Algorand Foundation are actively developing the protocol to ensure long-term sustainability.Algorand has been making significant waves in the crypto market, as it promises a pure proof-of-stake blockchain protocol that’s seamlessly able to achieve decentralization, security, and scalability. In other words, Algorand has cracked the blockchain trilemma, an issue that cryptographers and software engineers have long been battling. Algorand’s aim is simple – cater to the...

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another. In what appears to be the most tumultuous year for most businesses, Chinese firms that listed in US exchanges through an Initial Public Offering (IPO) has broken a 6-year record. According to a report by CNBC, a total of 30 Chinese firms had their IPO this year and collectively raised a total amount of...

With bitcoin climbing to new all-time highs, the cryptocurrency has garnered the attention of centralized financial institutions. Goldman Sachs Group Inc. offered its views on the market and said that BTC’s rise shouldn’t threaten gold’s position as the inflation hedge of choice as both assets can coexist.Bitcoin And Gold Can CoexistEver since bitcoin’s creation, the primary cryptocurrency has been largely compared to the yellow metal due to some of the common attributes, such as the limited...

The report estimates that the transaction volume in DApps in 2019 was $21 billion, meaning there has been a 1178% increase.The year 2020 was a perfect one for the growth of the Decentralized Finance (DeFi) economy with billions flowing into the ecosystem and positively affecting the performance of Decentralized Applications (DApps). According to a report by DappRadar, the total volume transactions of DApps in 2020 recorded a 1200% growth with an amount of about $270 billion. Interestingly,...