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Institutional Investors Expect Major Correction in Crypto Market Next Year

Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment […]

The Biggest Challenge for Crypto Exchanges is Global Price Fragmentation

For decentralized markets to scale globally, the interoperability between cryptocurrency exchanges must be seamless. It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto […]

Bitcoin Records Rare 10-Day Winning Streak as BTC Price Taps $42K Ceiling

Daily chart data shows the strength of the current rally as a longstanding resistance level finally shows signs of falling, the Cointelegraph writes. Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash. Bitcoin seals 10 green candles in first since 2012 […]

Bitcoin Price Seeks Higher Low as Trader Forecasts $45K Breakout Within Weeks

Bitcoin will need several attempts, but resistance should ultimately fall to bulls, however, a healthy consolidation is also required, market participants explain. Bitcoin (BTC) traded steadily on Tuesday after a surge above $40,000 resulted in higher levels broadly holding. All eyes on Bitcoin higher lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $37,000, around 8.8% […]

BTC Price Drops to Fill Bitcoin Futures Gap as Focus Turns to $46.5K Bull Target

The latest CME futures gap is filled within hours on Monday, with an attractive gap nearer $50,000 providing a frame of reference for bulls, the Cointelegraph writes. Bitcoin (BTC) traded at crucial support near $33,000 on Monday after a weekend of gains disappeared in hours.  Bitcoin futures mark fresh price targets Data from Cointelegraph Markets Pro and TradingView showed […]

Stablecoin Growth Could Affect Credit Markets, Rating Agency Warns

Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry, the Cointelegraph reported. The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned. In a commentary note, the agency explained that coins that are […]

Ethereum Looks to Retake $2K Days Before London Hard Fork

The world’s second-largest cryptocurrency also surged in tandem with positively correlated Bitcoin, the flagship digital asset. Ether (ETH) prices reclaimed $2,000 on Monday, increasing expectations that the latest rebound would serve as a cue for further upside moves based on bullish fundamental and technical outlooks. The world’s second-largest cryptocurrency by market capitalization surged up to […]

Stablecoin Inflows to Exchanges Dip as Traders Watch Bitcoin From the Sidelines

Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation, the Cointelegraph writes. The growth of stablecoin’s market cap and circulating supply has been one of the best indicators for attaining a general pulse on how participants in the market […]

Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets

Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days, the news.Bitcoin.com writes. Crypto Market […]

Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin

On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. Bianco Research President Owns a Basket of […]