Cryptocurrency Analysis and News Portal
Russia continued to pound the Ukraine capital Kyiv and other major cities, which faced humanitarian crises the likes of which have not been seen in Europe for decades. On Tuesday, the U.K. removed Russia from its most favored trade status. Most favored trade status, a principle established by the World
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Most cryptocurrencies traded lower on Tuesday as rising bond yields continued to weigh on U.S. equities. As investors reduce their appetite for risk, the most speculative areas of global markets have been hit the hardest.For example, the Nasdaq 100 is down about 5% from its all-time high, compared with a
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Bitcoin rose toward $43,000 on Tuesday and is up about 3% over the past 24 hours. Several alternative cryptocurrencies (altcoins) such as MATC and FTM were up about 14% over the same period, suggesting a greater appetite for risk among investors.It appears that bullish sentiment is starting to return to
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Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint Capital Advisors, discussed his outlook for the crypto and
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For now, analysts are monitoring blockchain data, which points to continued upside for bitcoin. “Despite China’s crypto ban, it seems miners, including those who were in China, are holding BTC in mining wallets,” Ki Young Ju, CEO of CryptoQuant, wrote in a blogpost, referring to the decline in miner outflows,
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Melanion Capital has announced the launch of its bitcoin (BTC) equities exchange-traded fund. The firm says the UCITS-compliant investment vehicle is designed to offer investors exposure to companies heavily invested in crypto and the underlying distributed ledger technology (DLT), according to an ETF Stream report on August 5, 2021. Melanion Unveils
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The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin. Source
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Bitcoin’s price fell Monday on larger macroeconomic concerns while lower Ethereum fees benefit hardcore DeFi users.Bitcoin (BTC) trading around $13,011 as of 20:00 UTC (4 p.m. ET). Slipping 0.33% over the previous 24 hours.Bitcoin’s 24-hour range: $12,773-$13,250BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin
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The perpetual contracts will be open for trading 24/7, unlike equity exchanges which are open for business for a limited number of hours, five days a week. Source
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Despite the massive losses on Thursday, the Bloomberg Billionaires Index showed that in 2020, the 500 richest people have collectively gained $830 billion in wealth.On Thursday, the world’s top ten tech billionaires lost $44 billion as U.S. equities tumbled. Among the billionaires, Amazon (NASDAQ: AMZN) founder Jeff Bezos tops the
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