Cryptocurrency Analysis and News Portal
Crypto liquidity and OTC provider B2C2 has launched a gold derivatives product that synthetically trades against bitcoin in what the firm says is an important evolution in the safe-haven asset trading space. Launched in 2015 and receiving regulatory approval
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Gold continues to be the safe haven for global investors when it comes to parking their money in secure assets. Bitcoin, on the other hand, has failed to win the trust of big investors at this stage.Economists from around the globe are hinting towards growing concerns of the US recession
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Bitcoin prices edged lower on Monday, pressured by a current correction momentum that saw the cryptocurrency plunging by more than 40 percent since June this year.The BTC/USD instrument was trading at $7,863.28 as of 0907 UTC, down 2.34 percent from the open. Around the same time, CME bitcoin futures had
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With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto.
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Gold outperformed Bitcoin on Wednesday as an impeachment inquiry into US President Donald Trump triggered demand for safe-haven assets.The yellow metal came near its three-week peak, with its spot trading at $1,530.29 per ounce as of 10:00 UTC. At the same time, US gold futures surged 0.1 percent to $1,538.30.Bitcoin,
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The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX).Prospectors blockchain game lands on WAXIn a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching on the WAX blockchain, which users buy physical
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In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.Patrick Byrne shared the letter on his personal website. Within the letter he reveals that he had dumped
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Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18.Raw made her remarks yesterday at Fortune’s Most Powerful Women International Summit, where she stated:“The very tangible
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The United States’ largest bank faced fresh ridicule from Bitcoin (BTC) circles this week after prosecutors said traders had conducted more market fraud.As Bloomberg reported on Sept. 16, JPMorgan Chase is facing an inquiry over the behavior of at least a dozen precious metals traders. JPMorgan performed “thousands” of illegal
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For many, trading cryptocurrency can be a challenge, but the process is made easier if one relies on a combination of technical analysis tools and oscillators to provide insight on which path digital assets like Bitcoin (BTC) might take. Typically, one sees traders employ the relative strength index (RSI), moving
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