Only two of the top five performers have closed in the green in the past seven days, which shows that the sentiment is currently negative. Tom Jessop, the president of Fidelity Digital Assets, said that the absence of a long track record is one of the main reasons that is keeping the institutional investors at […]
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The president of Fidelity Digital Assets announced that the firm could add support for Ether in 2020. Tom Jessop, the president of Fidelity Digital Assets, the cryptocurrency trading arm of United States financial services giant Fidelity, announced that the firm may add support for Ether (ETH) in 2020 is there is sufficient demand for it. […]
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NFTs are finding applications beyond gaming. Microsoft has been quick to adopt them, but does this mean these tokens are actually becoming popular? Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has […]
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There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns worth learning and understanding […]
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Bitcoin continues to trade sideways, leaving the door open to generate generous profits by trading altcoins. Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to time perfectly, securing a 60% […]
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Digital payments giant PayPal is suing the Consumer Financial Protection Bureau for making it provide disclosures for fees it does not charge. PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees. The digital payments giant filed a lawsuit against the CFPB on […]
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Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a Dec. 5 blog post. What […]
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A recent report published by Bitcoin fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. The study involved 1,100 United States investors of ages between 25 and 64 surveyed […]
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A statement confirms the Fed will ease the strain on banks over the new year period by creating more than three times Bitcoin’s market cap in new money. The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next month. In a statement released […]
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The inventor of Bollinger Bands warns his price instrument shows Bitcoin and other cryptocurrencies are facing an imminent return to volatile conditions. Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets. Cryptocurrency market daily overview. Source: Coin360 Bollinger: Bitcoin preparing for next breakout Data from Coin360 […]
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