Cryptocurrency Analysis and News Portal
European crypto asset manager, CoinShares, announced the launch of its new trading business, CoinShares Capital Markets, or CSCM, on May 7.The subsidiary comprises a rebranding of GABI Trading, with CoinShares now entering into the final stages of acquiring the firm. In 2019, the firm processed more than $3 billion worth of
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Ripple is trading in a broad range above the $0.2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD.Ripple is facing hurdles near the $0.2200 and $0.2220 resistance levels against the US dollar.It
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Bitcoin trading and transaction volumes surged at the pro-crypto Silvergate Bank in the first quarter of 2020.According to an April 29 transcript filed with the U.S. Securities and Exchange Commission (SEC) on its Q1 2020 earnings, Bitcoin (BTC) trading volume on the Silvergate Exchange Network (SEN) grew 75% over the
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The CEO of fintech firm iSignthis has accused the Australian Securities Exchange (ASX) of abusing its market-leader position by trying to delay the launch of ClearPay, a blockchain-based trading system on the rival National Stock Exchange of Australia (NSX).A joint venture between iSignthis and the NSX, ClearPay uses distributed ledger
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Bitcoin jumped to two-month highs early on Thursday and now looks set to register its biggest monthly gain in nearly a year. The top cryptocurrency by market value rose to $9,469 at 06:05 UTC, the highest level since Feb. 25, having rallied from $7,700 to $8,900 on Wednesday, according to
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Bitcoin price surged 16% and crossed $9,200 by now. Market factors include the beginning of the removal of quarantine in the EU and the most powerful emission of the Central Bank of the EU and the Fed.Bitcoin‘s price jumped Wednesday representing the biggest rise in the last six weeks. And
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As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours. This number is considered an all-time high for the exchange.According to CZ’s post, the last
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Ethereum is still struggling to clear the main $200 resistance against the US Dollar. ETH could start a short term downside correction if it continues to struggle near $200.Ethereum is currently trading in a range below the $200 and $202 resistance levels.The price is showing a few bearish signs below
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With Lebanon’s currency hitting new record lows of 4,000 Lebanese lira (LBP) per $1, chaotic prices are being listed by Lebanese Localbitcoins traders.As of this writing, spreads between listings on both sides of the order book appear to exceed 90%, leading to reports claiming that Bitcoin (BTC) is trading for
Read MoreA new report preprint shows a correlation between crypto asset prices and their code developers. "We reveal that the first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months," said a preprint research report titled, From code to market: Network of
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