Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here

Market Update: Crypto Asset Prices Spike Massively, Speculators Claim 'Altcoin Season' Is HereA number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value. On Saturday, […]

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Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt

Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another AttemptDigital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have […]

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Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows

Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper ShowsThe Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last week, the Federal Reserve Bank of Dallas published a working paper entitled “Cryptocurrency Market […]

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Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report

Plustoken Cash Outs Could be Behind BTC Price Drops, Says ReportOn Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may also be driving down the price of bitcoin.” Also read: Mystery Surrounds […]

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Almost 70 Crypto Funds Close This Year, Twice as Many Launch

Almost 70 Crypto Funds Close This Year, Twice as Many LaunchDozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of […]

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