Cryptocurrency

Cryptovalue is a type of digital currency, creation and control of which are based on cryptographic methods. Usually, cryptocurrency accounting decentralized. The operation of these systems is based on technologies such as blockchain, directed acyclic graph, Consensus registry (ledger) etc.

Bitcoin appears in the Top 15 assets by market capitalization

New Faces and Old Giants – Bitcoin взобрался на 12 Place Gold, стоящее на вершине с ошеломляющими $13T, It looks like an immutable monolith of the world economy. But surprisingly, As New Tech Players, like Apple, Microsoft and Google, are rising rapidly, Showing the Power of Innovation.

Peak Bitcoin BTC/USD Volatility: how to determine the best time to trade?

Bitcoin (BTC/USD) is the currency of the future, whose volatility is becoming a subject of increasing interest among investors and traders around the world. This BTC/USD Perspective Offers a Unique Analysis of Bitcoin Volatility. Bitcoin, world's greatest cryptocurrency, famous for its high volatility. This makes it an attraction for traders, looking for more profit, but also a source of risk. BTC/USD Volatility, like any other cryptocurrency, can change significantly throughout the day. but, there are certain time frames, when this volatility usually increases.

Meet EDX Markets: A revolutionary crypto exchange from financial giants Fidelity, Citadel Securities and Schwab

EDX Markets

EDX Markets (EDXM) – This is a new crypto exchange, created as a result of cooperation between the three financial giants – Fidelity, Citadel Securities and Schwab. This platform promises to redefine the concept of trading cryptocurrencies, bringing unparalleled reliability to the industry, Performance & Innovation. The Power of Fidelity's Three Financial Giants, Citadel Securities and Schwab join forces, to create EDX Markets. They have a wealth of experience and in-depth knowledge of the financial markets, which provides EDX Markets with a unique position among crypto exchanges. Fidelity Investments is an American multinational financial service and one of the largest investment companies in the world. It offers a wide range of financial services, including maintenance of brokerage accounts, asset Management, Stock Broker, management of pension plans and trust management. The company was founded in 1946 year and since then has been one of the leading forces in the investment industry. However, Fidelity is not limited to traditional financial services. She actively researches and invests in cryptocurrencies and blockchain technologies. Fidelity Digital Assets, Fidelity Investments division, specializes in providing cryptocurrency storage and trading services for its clients. In particular, Fidelity is one of the key investors in the new crypto exchange EDX Markets. The move shows Fidelity's further strategy to expand its presence in the cryptocurrency space. Citadel LLC Global financial institution, based in 1990 year by Ken Griffin. The company offers services in the field of asset management and …

Meet EDX Markets: A revolutionary crypto exchange from financial giants Fidelity, Citadel Securities and Schwab Read more

Coinbase hit by SEC violations, stocks drop by almost 20%

Cryptocurrency exchange Coinbase is in trouble, when the company's shares fell by 20% after that, as the Securities and Exchange Commission (SEC) submitted your question, accusing him of operating without registration as an exchange and a broker.

Binance under attack: The SEC sued the giant of the crypto industry and its head

On Monday, the US Securities and Exchange Commission (SEC) sued the world's largest cryptocurrency exchange Binance and its CEO Changpeng Zhao. The charges include “network of deception”, artificially inflating trading volumes and redirecting clients' assets. SEC approves, that Binance and Zhao secretly controlled clients' assets, which allowed them to mix and redirect customer funds. Besides, is accused of, that the exchange created separate US legal entities as part of a complex scheme to circumvent US federal securities laws.

Rise in the price of Ethereum to 2000$ reached an 11-month high

Ethereum price hits 11-month high, as ETH rates exceed withdrawals. The price of Ethereum has overcome key resistance at the level 2000 dollars after, how the capitalization of the crypto market began to grow to the level 1,3 trillion dollars. Experts predict an increase in prices for Ethereum in the range from 2400 to 2800 Dollars.

Kraken: Litecoin has chances to repeat the bull cycle 2017 of the year

Cryptocurrency exchange Kraken investigated the network indicators of Litecoin and noted the likelihood of an asset repeating the indicators of the bull market 2017 Year In the next report, Kraken emphasized, that in December 2017 year the LTC rate in just a month increased by 638% – with $50 to $369. Now LTC gives signals, similar to those that foreshadowed its sharp rally at the time.: "Activity in the Litecoin network shows an increase in demand and the possibility of entering the next wave of growth.. Besides, the asset remains below the overbought zone.". One of the most important indicators – number of active addresses, which has been in a strong uptrend for almost a year: "The number of active addresses has been in an uptrend since December. 2020 of the year, that is, there is an increasing activity in the network against the background of the growth of the rest of the market. Besides, recently, the growth in the number of active addresses has gone up sharply, which was the most rapid increase in activity since April 2021 of the year". The number of new Litecoin addresses with non-zero balance is also growing.: « 7-day moving average of new addresses (with non-zero balance) is at an all-time high 308 827. It recently surpassed the previous high in 270 000 (Observed 9 October)». In addition, Kraken investigated Litecoin's MVRV metrics (determine the overvaluation of an asset relative to its fair value). Reportedly, now Litecoin is far from the overbought zone even despite the recent exchange rate growth: "Current MVRV …

Kraken: Litecoin has chances to repeat the bull cycle 2017 of the year Read more

The cryptanalyst thinks, that December will be a bullish month

Cryptocurrency analyst Justin Bennett believes, that December could be a month of rallying in the cryptocurrency market, and Ethereum (ETH) and Dogecoin (DOGE) potentially could lead it According to him, dollar index (DXY), which compares the dollar with a basket of other fiat currencies, gives a bullish signal for the crypto market.

Investment company Kelly wants to launch a futures ETH ETF

Three months ago, ProShares and VanEck withdrew applications to launch Ethereum futures ETFs, but the investment company Kelly Strategic Management was not deterred by this development and it filed its own application with the SEC for approval of a similar product Kelly Ethereum Ether Strategy ETF will be an actively managed fund, investing in ETH contracts with cash settlement, traded on listed commodity exchanges. Currently the Chicago Mercantile Exchange (CME) is the only platform, where ETH futures are traded. The current limits on ETH futures contracts are 8000 contracts per month (each contract – this 50 ETH). If the Kelly Fund Chooses These Limits, then will invest in long-term ETH contracts or additional fixed income products, for example, government bonds or corporate debt securities. In August, VanEck and ProShares abruptly withdrew their documents for ETH futures ETFs., what indicates a possible refusal on the part of the SEC. Last month, two bitcoin futures ETFs from ProShares and Valkyrie were approved.. The head of the SEC, Gary Gensler, said, that such funds provide sufficient investor protection.

Scroll to Top