Following the recent news about Bitmain and ConsenSys, another cryptocurrency giant, Huobi, has announced its plans for reducing the company’s staff.
Bitcoin is somewhat losing its value on Thu Dec 27, trading at $3876.80, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Researchers in China have found a way to produce gold which may lead to a serious drop in the gold demand and open new opportunities for Bitcoin.
Daria Volkova, international lawyer and Head of legal department in Platinum, shares her vision of the regulatory landscape of 2019, explaining why STOs may be the real future for the whole crypto sphere.
However, the company will continue with its in-house mining business, after relocating its mining operations to a region with cheaper power supply.
It is Christmas already and the 2018 is coming to an end. Some investor in the crypto world would add – finally. This is the time of the year that traders take inventory of their investments so as to prepare for the future.
International digital assets exchange Interdax has announced its launch in January, promising a testnet trading battle with a $100,000 giveaway.
As several equity market indices crash out, the crypto market makes a major recovery with overall market valuation growing by 50% in last one week.
The CEO of FX hedge fund Three Arrows Capital, Su Zhu, has said that Binance, the largest crypto exchange in the global market, is the most trusted among investors within the digital asset community.
Should the bullish pressure break up the 50-day EMA and the resistance level of $4,716, then, Bitcoin price may have its target at $5,447 – $6,281 level.
Established Wall Street companies slowed their already halting efforts to make a business out of crypto mania this year. They didn’t really give up, but most of them flinched as the value of virtual coins collapsed.
Sara Williams, journalist and crypto enthusiast, shares her insights into cryptocurrency trading explaining main advantages and disadvantages users may face during the process.
Citing heavy client demand, Investment advisor Wealthfront announced Coinbase integration which will allow its users to track cryptocurrency investments. Savings and checking accounts to be provided within the first few months of 2019.
The past month hasn’t been good for Ethereum and it’s co-founders’ company Consensys. With Ethereum going below $90 support line, and mainstream media attacking Consensys on all fronts, Consensyss’ image has already been tarnished.
SBI’s VCTRADE announced that they have added support for XRP, Bitcoin, and Ethereum. Ripple is excited by this announcement and believes their token, XRP, will achieve worldwide adoption due to the support.