Learn How Trade Crypto
Once upon a time the Bank of America Fund Manager Survey served a useful indicator of what finance professionals did and thought. Then, over the years, it became a survey which revealed what the prevailing consensus narrative was – if not what respondents actually did – as survey participants merely answered question in line with what they thought was the right […]
Think back to 2017. Crypto was everywhere. The celebrities hawking ICOs included DJ Khaled, “Floyd Crypto Mayweather” and longtime blockchain enthusiast Paris Hilton. The most watched comedy on television, “Big Bang Theory,” named an episode “The Bitcoin Entanglement.” Long Island Iced Tea made the world’s most natural pivot, rebranding itself as Long Blockchain Corp. (The stock […]
Bitcoin bulls pushed the leading cryptocurrency to fresh all-time highs above $35,000 Tuesday night after a couple days of choppy price action kept traders guessing which direction the market would head next. The price is rising, and fast. Bitcoin jumped nearly 12% Tuesday to top the previous record high of $34,544.94 set this past Sunday after […]
Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, Bloomberg reports. “A crowding out of gold as an ‘alternative’ currency implies big upside for bitcoin over the long term,” strategists led by Nikolaos Panigirtzoglou wrote in a […]
DBS Bank of Singapore has officially announced the arrival of its digital assets exchange, with trading to start next week. The DBS Digital Exchange is 10% owned by Singapore’s SGX stock exchange. It will also provide tokenization of securities and other assets, as well as bank-grade custody for digital assets. The new exchange will facilitate […]
London’s Standard Chartered bank has gathered a group of crypto exchanges for a new digital asset trading platform tailored to the institutional market, according to two sources familiar with the plan. Standard Chartered’s crypto trading group comprises five of the biggest over-the-counter (OTC) traders and four exchanges, and will include an Ethereum-based settlement token, a […]
Bitcoin was lower for a second day, dropping below $19,000 after bulls failed to push prices past the psychological $20,000 threshold. “The overly confident market has been dampened,” the Norwegian crypto-market analysis firm Arcane Research wrote Tuesday in a report. In traditional markets, European shares slid, led by travel-related companies, and U.S. stock futures pointed to a lower open as […]
Bittrex Global has launched trading in tokenized stocks such as Apple, Tesla and Amazon on its digital asset exchange. The platform said traders and investors will have direct access to listed companies – also including Google, Facebook, Netflix, Pfizer and others – without having to use an external broker or pay additional fees. Launched in […]
Bitcoin was heading back toward the all-time high price of $19,920 notched earlier this week. “So far, prices remain constrained, either with sellers unwilling to part with their coins at any lower price or buyers unwilling to take further bets on a rally,” Matt Blom, head of sales and trading at the cryptocurrency-focused financial firm […]
S&P Dow Jones Indices, a major financial data provider, said Thursday it will launch a customizable cryptocurrency indexing service in partnership with crypto tax service Lukka in 2021. The coming product is poised to become a hub for cryptocurrency pricing data at a time when more Wall Street investors than ever are searching. This year’s bull run […]