Cryptocurrency Analysis and News Portal
The report by Fidelity depicts that Bitcoin has major fundamentals that put it further from health and economic adverse effects.Fidelity Digital Assets, a firm focused on researching institutional asset investment, has released a report on the role of Bitcoin as an uncorrelated alternative investment that may provide portfolio optimization benefits.Fidelity
Read MoreA new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook report for Q4 2020 written by Senior Commodity Strategist Mike McGlone, Tether (USDT) is likely
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Bitcoin price is currently trading at just above $10,900, but it may not be doing so for much
Read MoreThe decentralized finance (DeFi) bubble continues to deflate, with crypto market data firm Sentiment reporting a 25% crash in the market capitalization of DeFi assets during yesterday alone.In a blog post published Oct. 8, Santiment estimated that daily DeFi token trade volumes have fallen by 30% combined, while recent market
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Bitcoin has performed well in the face of a bleak news cycle while stablecoin assets in the crypto ecosystem continue to grow.Bitcoin (BTC) trading around $10,515 as of 20:00 UTC (4 p.m. ET). Slipping 0.44% over the previous 24 hours.Bitcoin’s 24-hour range: $10,362-$10,667BTC above its 10-day moving average but below
Read MoreIn defiance of Reddit's apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’ tokens for fiat — and it’s resulted in a pretty surprising market cap. In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of
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Uniswap's week-old governance token is outperforming more established cryptocurrencies Wednesday. Source
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The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value. Source
Read MoreWhile the crypto space has seen tremendous growth over the past decade, the asset class still holds a tiny amount of value compared to mainstream markets, especially when pitted against giants such as Apple. Apple stock (AAPL) holds a staggering $2 trillion market cap, dwarfing all the speculative capital held within
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The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it? Today’s episode of The Breakdown looks at the stories the stock market is trying to tell, including:New all-time high in total market capitalization to GDP ratio
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