Markets

In the last three months, BTC volatility stood at 87% versus 16% for gold according to JPMorgan.The much-awaited $50K BTC price tag was reached on Tuesday. At first, the largest cryptocurrency was flirting with this level. Bitcoin has now cemented its place since climbing as high as $52K. On top of this, the asset is less than $50M away from hitting a one trillion market cap. Much like hitting $50K, a one trillion market cap looks inevitable in the next few days. However, now Bitcoin price is...

Ethereum has set a new ATH. In the last 24 hours, the second largest coin has climbed above $1,900. The digital asset is slowly inching closer to a much revered $2,000 price tag.Little stands in the way of Ethereum doubling its 2017 high. After showing strong resilience at $1,800 and setting news ATH, Ethereum now looks set for a breakout. As Ethereum (ETH) price nears $2,000, it is becoming clear that doubling the 2017 high could be easier than expected.Among the best performers in the...

Coinbase is seeking to tap the entire Fortune 500 market, a move that would drive Bitcoin (BTC) market price astronomically high.The second-largest cryptocurrency exchange by trading volume around the world Coinbase is reportedly the lucky facilitator of the $1.5 billion worth of Bitcoin purchase by Tesla Inc (NASDAQ: TSLA). The report by media outlet TheBlockCrypto indicates that Tesla used Coinbase institutional investors’ custodian capabilities to purchase Bitcoins during the first week of...

The last time XRP dropped to that position was in June 2014, when it fell below the meme coin Dogecoin.Ripple’s XRP has dropped further down the crypto ladder as the Binance coin (BNB) has overtaken it, sending the digital coin to the 7th position on the crypto ladder. At the time of writing, BNB price is over 36% up, trading at $183.26. The coin is hitting one record level after another and its market cap has topped $28 billion.The last time XRP dropped to that position was in June 2014...

EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...

Litecoin price started a fresh increase from the $200 support zone against the US Dollar.LTC price is now trading well above $220 support and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dips a few points, but there are high chances of a break above the $250 resistance.Litecoin price is trading in a positive zone above $200 against the US Dollar,...

Coinbase will take a 25% commission on all the rewards received by their customers.According to a press release by Coinbase, the crypto exchange firm has announced that its waitlist for staking Ethereum 2.0 has now been launched. This means that users of the platform can now sign up to stake their ETH tokens into the Beacon Chain smart contract. Beacon chain is widely regarded as the bridge between Ethereum and its 2.0 version that would see the second-largest crypto asset by market cap...

Dump of February 15 has proved again that even on the online markets bulls get exhausted running such a long distance.The market was able to recover quickly and on all major cryptocurrencies we have noted a large bottom wick on a 4H candle. In general, such price action clearly states that the bullish sentiment remains and buyers are ready to push the price higher after a short rest.Currently almost all major altcoins are following the same pattern and from the first glance it might look like...

SBI is investing a whopping $30 million in the Swiss and Singapore based crypto bank Sygnum.SBI is set to undertake a key role in developing strategic fundraising for the digital assets bank Sygnum. Built on Swiss and Singapore heritage, Sygnum is rated trustworthy among its customers due to the company’s ability to provide a trusted avenue for clients to invest in the digital asset economy. Sygnum recently declared that the company has been able to acquire a whopping “eight-figure” United...

Bitcoin’s price continues to increase as the cryptocurrency expands above the $50,000 mark. At the same time, the precious metal that it’s most commonly compared to, gold, sits at an all-time low when valued against BTC.Gold Suffers Against BitcoinBitcoin is compared to many things, but most commonly, it’s pinned against gold as both assets make a strong case as a store of value.However, over the past year, there’s a clear winner among the two, as the Gold/Bitcoin ratio currently sits at an...