Cryptocurrency News
At press time, the world’s top cryptocurrency is up to $7,400. This is a massive spike over where it was during the beginning of the week (high $6,000’s). Bitcoin’s price seemingly jumped out of nowhere and within hours. It went from $6,800 to about $7,200 in 30 minutes on Tuesday […]
Cryptocurrency hedge funds have become increasingly popular all over the world. In Canada, the biggest crypto fund goes by the name of Rivemont Crypto Fund. Interestingly enough, its asset allocation heavily favors cash over cryptocurrency at this stage. Canada’s Crypto Fund Needs More Bitcoins One would expect a cryptocurrency hedge […]
At the beginning of June 2018, Cboe Global Markets Inc. filed with the Securities and Exchange Commission for a Bitcoin exchange-traded fund (ETF), which is an instrument that tracks a particular index and replicates its performance. ETFs are passive, and on the stock exchange, they trade just like stocks. This […]
The crypto market has not had the best of runs in 2018. Regulatory uncertainty and unending bashing from digital ads providers, coupled with some big heists, have instilled fear and doubt in many investors. This has led to panic selling which has in turn led to the crumbling of most […]
Bitcoin (BTC) Bitcoin’s price has incurred a massive spike since yesterday, jumping from around $6,700 to $7,300. With the $7,000 mark breached, many analysts are wondering if $8,000 isn’t too far away. One source claims the recent jump is part of a wave of “new money” entering the crypto marketplace, […]
There have always been concerns as to whether or not Kodak was ever interested in the cryptocurrency industry. The corporation was allegedly linked to a new Bitcoin miner, although the company issuing this hardware has confirmed that will not happen. The Kodak KashMiner will never make its way into people’s […]
At press time, the father of cryptocurrency has jumped to $7,327. This is a massive increase from yesterday’s price, and a clear sign that bitcoin is strong enough to handle present resistance, which is set at roughly $6,800. Granted the currency can step beyond that level, we are likely to […]
The next economic battleground is surely cryptocurrency; it is the first new asset class to have emerged in decades, and everyone wants a piece of the action. The Bitcoin price is rocketing as BlackRock, the world’s biggest investment fund manager, has announced its intention to explore and likely enter the […]
The cryptocurrency world currently finds itself in a rather awkward state. There are various developments taking place which seemingly hint at the next stage of cryptocurrency adoption. According to Torque Ventures, institutional investors are on the verge of embracing this industry in a major way. The Institutional Investor Conundrum There […]
For all cryptocurrency markets, the next few hours may prove to be crucial. All of yesterday’s positive market momentum is in the books. Right now, it is time to decide if this trend continues or falls apart entirely. For the time being, things are still looking good for the XRP […]
At press time, the father of cryptocurrency is up by roughly $300 from yesterday, and is trading for over $6,600. This is great news, as many sources are commenting that bullish trends are forming on bitcoin’s technical charts, and the currency is once again finding its way to the top. […]
At press time, the number one cryptocurrency in the world by market cap is up approximately $100 from yesterday, and is now trading for around $6,350. A rise is always welcome news amongst crypto-enthusiasts, though it’s unclear if bitcoin is on a path towards recovery or not. And yet, bitcoin […]
At press time, the number one cryptocurrency in the world remains at $6,200. The coin has stayed in this position for more than 24 hours, giving us plausible evidence that perhaps things are beginning to settle… Unfortunately, one source is suggesting that another fall to $6,000 – or perhaps even […]
A survey by the Bank of Canada has found that 85 percent of Canadians are aware of Bitcoin. The survey further revealed that the level of ownership of the digital currency had nearly doubled in 2017, with most of the owners holding it for speculative reasons and as a form […]
If you are thinking of decamping from Bitcoin to invest in the various altcoins anticipating higher returns, don’t. According to Bart Smith of the Susquehanna International Group, Bitcoin is still the best bet and will continue to dominate the market. The rise of altcoins at the end of last year […]
Have you lost faith in your Bitcoin prediction for the year? Has the recent downward spiral of the crypto markets caused you to lower your prediction? Julian Hosp, the co-founder of crypto startup TenX, is unfazed by the current market conditions. To the contrary, he remains bullish on Bitcoin, predicting […]
At press time, the father of cryptocurrency is up by $100 from yesterday afternoon and trading for about $6,250. It’s always a good sign to see bitcoin pulling itself out of a dark hole, and while it can’t be said if recovery is imminent or not, the currency is beginning […]
Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them. Its new paper on Bitcoin and other virtual currencies shows there is still a distinct lack of trust and […]