Cryptocurrencies had been spiking higher yesterday, October 16th and it seems like the main driver behind the move had been another positive news for digital assets. Fidelity, a famous multinational financial services company, based in Boston, Massachusetts with $7.2 trillion in assets under management, had made an announcement that could
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As we have warned several times in the last few weeks, volatility had returned in the cryptocurrency market and unfortunately, things are not looking good for buyers. We have stated in our last weekly crypto analysis that Bitcoin volatility had been shrinking gradually as 2018 was unfolding and also, we
There are a lot of new companies beginning their journey in the cryptocurrency world, but most of them fail to deliver their promises. As we have written in our last article about the Elementus research, only 20% of the ICO had turned out to be successful this year. However, there
An interesting phenomenon happened in the cryptocurrency market last week and we must put this in the spotlight. A few cryptocurrencies spiked higher impulsively and the overall media view was that this was likely signaling that a bottom had occurred in the cryptocurrency market. We have talked in a
After being one of the most promising cryptocurrencies of 2017, Ripple had disappointed thus far this year, dropping from 3.3 US dollars/piece to as low as 0.26 US dollars. Even though the cryptocurrency price did have a really bad performance, the San Francisco-based company had continued with its project and
A startup company named ChronoBank had recently an interesting survey related to cryptocurrencies and the results have shown some interesting things about how crypto enthusiasts perceive digital assets now when prices are extremely depressed as compared to a year ago. The survey in a nutshell ChronoBank had conducted the
The entire cryptocurrency market took a downturn yesterday after an article on Business Insider claimed that Goldman Sachs – one of the biggest investment banks in the world- is giving up on its plan to launch a cryptocurrency trading operation. A few months ago we have written about Goldman
The year 2018 had been one of the worst for Ethereum, after the price dropped from $1,400 towards little under $270 last month, in a bloodbath that hit hard all major cryptocurrencies. The Ethereum developers, alongside with some major investors in Ethereum had been planning for a few months
Iran seems to be among the countries that will have a national cryptocurrency, as the latest highlights from the country are pointing out. After the US President Donald Trump decided a few months ago to withdraw from the Iran deal – a nuclear agreement set between Iran and the
There is no doubt China is among the countries that have probably one of the most hostile approaches to cryptocurrencies. All major communistic countries had this defensive stance against digital assets, but since China is one of the biggest economies in the world and most of the major exchange