Markets

Crypto Markets Edge Back Into The Green After Mid-Week Correction

2 months ago kakp2 Comments Off on Crypto Markets Edge Back Into The Green After Mid-Week Correction
The top ten coins by market cap are mostly in the green today, as markets make a tentative recovery following their significant dip earlier this week, Coin360 data shows. Bitcoin (BTC) hit $9,500 at one point in early trading hours this morning. The coin is currently holding ground, hovering around the $9,250 mark, with a value Read More

Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018

2 months ago kakp2 Comments Off on Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018
Independent financial consulting company deVere Group, which provides investment and wealth management services, has predicted that the price of Ethereum (ETH) could hit $2,500 by the end of the year, MarketWatch reported April 27. The financial consultancy firm said that the second largest cryptocurrency could see a significant rise, predicting its fourfold increase thanks to Read More

Bitcoin Set For First Biweekly Gain This Year, Buying Strongest Since March 2017

2 months ago kakp2 Comments Off on Bitcoin Set For First Biweekly Gain This Year, Buying Strongest Since March 2017
Spring’s chorus of bullish predictions for Bitcoin appears to be having some corroboration from recent markets, as Bloomberg reports on Bitcoin’s 4 percent gain today, April 20, putting the coin on track for its first back-to-back week of gains this year. Bloomberg notes the recent upswing has brought BTC’s gains over the two-week period to Read More

CNBC Fast Money’s Brian Kelly: Bitcoin Is Like The ‘Internet In The 1980s’

2 months ago 7ring Comments Off on CNBC Fast Money’s Brian Kelly: Bitcoin Is Like The ‘Internet In The 1980s’
Brian Kelly of CNBC’s Fast Money compared cryptocurrency to the “Internet in the 1980s,” emphasizing that Bitcoin (BTC) is still in its early stages in an April 13 interview on CNBC’s Trading Block. When asked about Bitcoin’s potential, Kelly answered that while he used to see crypto as comparable to the Internet in 1995, he Read More

The Current State Of The ICO & Token Sale Market

3 months ago kakp2 Comments Off on The Current State Of The ICO & Token Sale Market
by Igor Karavaev Pessimistic forecasts prove wrong as the hype keeps growing In 2016, investments in ICOs started out at $95 million spread across 43 projects. Last year saw 210 ICO projects raise $3.88 billion (all data provided by coinschedule.com), leading to a huge upsurge in interest for this new instrument for financing high-tech startups. Read More

2018 ‘Mature’ Crypto Market Will Draw More Investment, See Less Volatility, Analyst Says

3 months ago kakp2 Comments Off on 2018 ‘Mature’ Crypto Market Will Draw More Investment, See Less Volatility, Analyst Says
Adrian Lai, founding partner of Hong Kong-based crypto investment firm Orichal Partners, has forecast that in 2018 the crypto market will “mature” and increase its trading volume, particularly among institutional investors, the South China Morning Post reported April 9. Lai characterized both last year’s eye-popping market cap growth — reaching an all-time high of over Read More

Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review: March 31 – Apr. 6

3 months ago kakp2 Comments Off on Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review: March 31 – Apr. 6
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Mixed performance Global equity markets ended Read More

Overstock CFO To Leave For Same Job At Firm’s Blockchain Subsidiary DeSoto

3 months ago kakp2 Comments Off on Overstock CFO To Leave For Same Job At Firm’s Blockchain Subsidiary DeSoto
Robert Hughes, Senior Vice President of Finance and Risk Management at Overstock is resigning from his position to join a Blockchain venture that also involves Overstock’s CEO and founder Patrick Byrne, The Wall Street Journal reported April 6. According to a press release published on Market Exclusive, Hughes notified Overstock that he is leaving the Read More

Litecoin Fails To Hold Gains From Abra Adoption In Shadow Of LitePay Closure

3 months ago kakp2 Comments Off on Litecoin Fails To Hold Gains From Abra Adoption In Shadow Of LitePay Closure
News that payments network Abra had committed to Litecoin (LTC) for its smart contracts failed to prop up markets April 4 as the asset reversed previous gains. After Abra, which raised $40 mln in its latest funding round, announced it would use Litecoin’s smart contracts to power its wallet and exchange late March, LTC swiftly Read More

Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth

3 months ago kakp2 Comments Off on Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth
The end of the first quarter of 2018 saw not only poor performances in the crypto market – which lost around 50 percent of total market cap – but also a poor second quarter start for the traditional markets, with the S&P 500 Index’s slump of 2.2 percent Monday, April 2 marking the lowest April Read More