Coins

Nasdaq Stock Exchange On-board 7 Cryptocurrency Exchanges

January 31st, 2019

Reports unveiled that the Nasdaq debuts seven cryptocurrency exchanges but only Gemini and SBI virtual currency comes into the picture. These exchanges are adopting Nasdaq’s market surveillance technology to evade the possible fraud as well as to capture traditional investors. Nasdaq Deals With 7 Crypto Exchange But Publicized Two To avoid the deceptive trading or…

Despite Negative Price Action, Positive Fundamental Growth of Bitcoin Recorded in 2018-19

January 31st, 2019

Bitcoin transaction volume is a clear technical indicator informing about the fundamental usage of Bitcoin. The transaction volume had decreased drastically since January 2018 recording below 150,000 transactions in each block. Nevertheless, the transaction volume has gained traction and has again reached the Q4 transaction volume of 2017. Fundamental Growth of Bitcoin The chart suggests…

Crypto Mining Chipmaker’s Continue To Struggle As Bitcoin Prices Fail to Rise

January 31st, 2019

Bitcoin had a terrible last year when the top coin slipped to sub USD 3000 levels from the peaks of USD 20000, impacting the miners and chip makers the most. The impact of this fall is clearly seen on the financial numbers of most chipmakers as the struggle to find ground. Nvidia blinks again as…

Ripple-Swift Rumour Gets Rekindled as Ripple CEO Says, Open to “work with Swift”

January 31st, 2019

Speculations around Ripple-Swift partnership is rekindled as Swift announces its partnership with R3 for its Corda platform that uses XRP and Ripple CEO Brad Garlinghouse said, Ripple was open to “ways we could work with Swift.” XRP Surges as Swift Announces partnership with R3 As the crypto market turned green, XRP shot off nearly 10…

Dollar Starting to Lose the Battle against Bitcoin as the Popular Foreign Currency

January 30th, 2019

According to the latest chart, Bitcoin is apparently becoming a popular foreign currency. The leading cryptocurrency is surely becoming a global phenomenon, however, the fact that Dollar has been around since 1792, Bitcoin has still a way to go. Bitcoin – A Global Phenomenon Bitcoin is currently down 82 percent from its all-time high at…

Weiss Ratings Take a Dig at Bitcoin SV [BSV] Over Number of Transactions

January 30th, 2019

Currently, Bitcoin SV is recording the daily transactions of about 4k which is less than half of what Bitcoin Cash is registering and nowhere near Bitcoin. Weiss Ratings took a dig at Bitcoin SV, quipping, “The future of Bitcoin right there folks…” Bitcoin SV doing an “Astonishing” 4k Transactions per Day The 10th largest cryptocurrency…

Bitcoin & Cryptocurrencies Are Not a Safe-Haven like Gold – World Gold Council Report

January 30th, 2019

In its latest report “Investment Update: Cryptocurrencies are not a safe-haven,” World Gold Council states cryptocurrencies may have a role to play in financial market but they aren’t a viable substitute to gold as a safe haven due to the price crash in late 2018 and Bitcoin futures market’s declining volume in the fourth quarter….

Swift chooses R3 over Ripple and XRP Flash Rise Based on Hyped Fundamentals?

January 30th, 2019

Earlier today at the Paris Fintech Forum, Swift CEO, Gottfried Leibbrandt announced integration with R3. He said, “we are announcing later today a Proof-of-Concept with R3 blockchain on trade, where you can initiate a payment on the trading platform, and then it goes into GPI. So we’re exploring interconnectivity with a lot of things.” Swift…

Winklevoss Twin’s Trust Gemini Moves One Step Closer to an ETF Approval

January 30th, 2019

Gemini Trust clears the SOC 2 examination for Service Organization Type 1 by engaging and appointing Big Four Deloitte to do the evaluation. The announcement comes one month before the deadline set by the SEC to review the ETF proposals Billionaire Bitcoin investors Tyler and Cameron Winklevoss‘s Newyork based trust reached a new milestone. They…

JP Morgan, Fidelity Keep Their Crypto Interest Active While The World Needs to Understand Crypto Nascency Roadblocks – Expert Opinion

January 30th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights JP Morgan attempts to value Bitcoin Mining Cost in its latest report Fidelity plans a March Launch of Crypto Custody services Understanding Crypto Nascency Roadblocks Wall Street Institutions continue their interests in crypto Well with Bitcoin ETF now…