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Category: Cryptos Price

If Facebook Can Be Worth Billions, Why Can’t Cryptos? – CoinDesk


If Facebook Can Be Worth Billions, Why Can’t Cryptos? – CoinDesk
If Facebook Can Be Worth Billions, Why Can’t Cryptos? Pete Rizzo is editor-in-chief for CoinDesk. It’s been a rough month for Mark Zuckerberg. In the fallout from the Cambridge Analytica fiasco, in which it was found a third-party data provider was mining user information on behalf of political groups, Facebook and its founder have faced an outcry of criticism over the company’s role as leader-supreme data custodian for the developed world. But...Читать далее »

Bitcoin Slides Below $8K, But Downside Could Be Limited – CoinDesk


Bitcoin Slides Below $8K, But Downside Could Be Limited – CoinDesk
Bitcoin Slides Below $8K, But Downside Could Be Limited The bears continued to be in the driver’s seat on Monday, pushing bitcoin (BTC) below $8,000 and opening the doors for a re-test of recent lows near $7,300. The cryptocurrency found acceptance below the crucial support of $8,217 (prices as per Bitfinex) at 12:00 UTC yesterday, signaling the corrective rally from the low of $7,240 has ended. The emboldened bears then pushed bitcoin down to $7,716...Читать далее »

Bitcoin: Safe Haven Asset or Lead Indicator for the S&P? – CoinDesk


Bitcoin: Safe Haven Asset or Lead Indicator for the S&P? – CoinDesk
Bitcoin: Safe Haven Asset or Lead Indicator for the S&P? It’s been a tough first quarter for both bitcoin and equities across the globe. Interestingly, amid the downturn, the historically uncorrelated financial assets have moved pretty much in tandem since early February, forcing experts to search for reasons behind the growing relationship. To start with, bitcoin bulls have been arguing since the early years that the cryptocurrency shares many of the...Читать далее »

Cboe Prods SEC on Bitcoin ETF Approval in New Letter – CoinDesk


Cboe Prods SEC on Bitcoin ETF Approval in New Letter – CoinDesk
Cboe Prods SEC on Bitcoin ETF Approval in New Letter A senior executive for Cboe Global Markets believes that the market could support the launch of a bitcoin exchange-traded product (ETP), according to a new letter sent to the U.S. Securities and Exchange Commission. Chris Concannon, the firm’s president, didn’t directly push the agency to approve such a product. Rather, he cited data collected by the company through its launch of bitcoin futures late last...Читать далее »

Bitcoin Drops Below $8K Amid Crypto Market Slide – CoinDesk


Bitcoin Drops Below $8K Amid Crypto Market Slide – CoinDesk
Bitcoin Drops Below $8K Amid Crypto Market Slide Bitcoin’s price is back below $8,000, a move that comes amid a broader decline in the global cryptocurrency market. After opening at nearly $8,500, according to CoinDesk’s Bitcoin Price Index (BPI), the price of the world’s largest cryptocurrency by market capitalization had fallen more than $500 to 7,876.68 by 17:30 UTC. As of press time, the cryptocurrency’s price was hovering at $7,940.07, per...Читать далее »

Waiting Game? Why Coinbase Won’t Add New Cryptos Anytime Soon – CoinDesk


Waiting Game? Why Coinbase Won’t Add New Cryptos Anytime Soon Supporting new crypto assets may be a “top priority” for Coinbase, but any such additions to its order books might not be close on the horizon. According to Coinbase general manager Dan Romero, the San Francisco-based exchange wants to add several new cryptocurrencies in line with customer feedback, but it’s treading cautiously as U.S. regulators deliberate on how they might treat...Читать далее »

Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch – CoinDesk


Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch – CoinDesk
Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch Huobi’s U.S.-based operation has registered with the U.S. government as a money services business ahead of a planned rollout of crypto-to-crypto trading this spring. HBUS Inc. is registered with the Financial Crimes Enforcement Network as of Mar. 21, according to the U.S. regulator’s database. Huobi revealed in January that it was opening an office in San Francisco to serve as the hub for its...Читать далее »

$8K? Bitcoin Under Pressure After Rejection at Key Hurdle – CoinDesk


$8K? Bitcoin Under Pressure After Rejection at Key Hurdle – CoinDesk
$8K? Bitcoin Under Pressure After Rejection at Key Hurdle Bitcoin’s (BTC) retreat from the 200-day moving average gathered pace in the last 24 hours, suggesting scope for a drop to $8,000. The cryptocurrency created a small doji candle at the moving average resistance on Wednesday, signaling indecision among the bulls, Bitfinex data shows. Prices then fell below the key support of $8,752 at 09:00 UTC yesterday, opening the doors for a deeper pullback. Accordingly,...Читать далее »

Yahoo Japan to Launch Cryptocurrency Exchange in 2018, Says Report – CoinDesk


Yahoo Japan to Launch Cryptocurrency Exchange in 2018, Says Report – CoinDesk
Yahoo Japan to Launch Cryptocurrency Exchange in 2018, Says Report Yahoo Japan is planning to launch its own cryptocurrency exchange, a report indicates. According to Nikkei Asian Review, the Japanese internet firm will take a 40 percent stake in BitARG Exchange Tokyo next month, with a plan to build a new exchange using BitARG technology in approximately a year’s time. BitARG is already licensed by Japanese financial regulator, the Financial Services Agency (FSA),...Читать далее »

ICON to EOS: 3 Cryptos Are Leading the Market Recovery – CoinDesk


ICON to EOS: 3 Cryptos Are Leading the Market Recovery – CoinDesk
ICON to EOS: 3 Cryptos Are Leading the Market Recovery The cryptocurrency markets regained some poise in the week ending March 23, with several individual tokens making more notable gains. Overall, the total market capitalization of all cryptocurrencies clocked a weekly high of $356 billion on March 21, and was last seen at $345 billion – up 29 percent from the low of $275 billion see on March 18. The recovery could be attributed to bitcoin’s (BTC) 24 percent...Читать далее »

Pullback Ahead? Bitcoin Hits Stiff Resistance at $9K – CoinDesk


Pullback Ahead? Bitcoin Hits Stiff Resistance at $9K – CoinDesk
Pullback Ahead? Bitcoin Hits Stiff Resistance at $9K The bulls’ repeated failure to take out resistance around $9,000 has boosted the odds of a pullback in bitcoin prices, according to the technical charts. The cryptocurrency scaled the $9,000 mark on Tuesday, signaling a short-term bullish reversal. However, BTC has spent a better part of the 48 hours since trading the narrow range of $8,700-$9,200, as per CoinDesk’s Bitcoin Price Index (BPI). The move...Читать далее »

Better Bitcoin Relay? Crypto VCs Back BloXroute Funding – CoinDesk


Better Bitcoin Relay? Crypto VCs Back BloXroute Funding – CoinDesk
Better Bitcoin Relay? Crypto VCs Back BloXroute Funding There’s one part of bitcoin that isn’t censorship resistant – its relay network. At least that’s according to the team at BloXroute Labs, which just brought its network for relaying information between blockchain nodes out of stealth with an impressive group of investors including AngelList co-founder Naval Ravikant, Metastable, 1confirmation and Flybridge Capital. Through these investors,...Читать далее »

EOS Eyes Bull Reversal After 70 Percent Spike – CoinDesk


EOS Eyes Bull Reversal After 70 Percent Spike – CoinDesk
EOS Eyes Bull Reversal After 70 Percent Spike The EOS token is surging this week, possibly on the back of positive news flow. Having clocked a two-week high of $7.34 earlier today, the token is now changing hands at $6.68 – up 7.7  percent for the last 24 hours, as per CoinMarketCap. Notably, EOS is also up 70 percent from the low of $3.95 seen on Sunday. The token now ranks seventh on the list of the top cryptocurrencies by market capitalization. It is worth...Читать далее »

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