Cryptocurrency Analysis and News Portal
Cryptocurrencies sold off on Monday as stocks suffered their steepest decline in weeks. Signs of stress in China’s credit markets over the weekend contributed to bearish sentiment across global markets and triggered a rise in the CBOE Volatility Index (VIX) to levels last seen in May.Bitcoin dipped below its 200-day
Read More
Centralized exchange tokens have been skyrocketing this year, but none more so than Hxro, which has gained over 1,000% year-to-date. One of the reasons they have been doing so well might be because exchange tokens have been taking on the behavior of equity in the companies behind the exchanges, arguably
Read More
Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar. Source
Read More
Bitcoin (BTC) has crossed into the bullish territory, but may remain vulnerable to another sell-off in stocks. Source
Read More
The China Securities Regulatory Commission, or CSRC, recently issued a letter approving five regional equity markets. They will include equity centers in Beijing, Shanghai, Jiangsu, Zhejiang and Shenzhen. These and other regions received authorization to begin experimenting with a blockchain pilot in early July.Blockchain and equity tradingAccording to Beijing Local
Read More
Digital asset insurance company Evertas has completed a Seed Stage funding round and raised $2.8 million. The funding round was led by
Read More
Miner Hut 8 said last week it had raised a total of $8.3 million from selling a 6% equity stake to investors, approximately $800,000 more than the original $7.5 million funding target. The Toronto-listed mining company says the funding will keep it competitive as smaller entities with older equipment feel
Read More
Tokensoft, a digital securities platform for enterprises and financial institutions, has used blockchain tech to distribute equity to investors in a $4 million funding round.The seed round, which commenced in July 2018, was co-led by Base10 and e.ventures, with Coinbase Ventures and Fidelity-affiliate Avon Ventures also participating.The investors receive a
Read More
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite
Read More
According to a report published by The Block, on March 28, 2020, premier cryptocurrency Bitcoin (BTC) continues to struggle to establish its “safe-haven” status amid the ongoing financial crisis courtesy of the devastating COVID-19 pandemic. Bitcoin “Safe-Haven” Status a Distant Dream? Launched in a bid to not allow an encore of the
Read More