The price of bitcoin fell to within $100 of its 2018 low Friday morning as last weeks rally proved to be short-lived.
Litecoin’s (LTC) price hit a seven-month low on Friday as the cryptocurrency markets turned risk-averse.
Mt. Gox’s bankruptcy proceedings have been halted and its bitcoin holdings could soon be distributed to creditors seeking reimbursement.
Almost all of the top one 100 cryptocurrencies by market cap have been hit by significant losses, with the top 10 all losing between 4 and around 10 percent over 24h
A study conducted by Max Gulker from the American Institute for Economic Research (AIER) has concluded that Bitcoin has less market volatility than other major cryptocurrencies. Every single year since 2013, the Bitcoin market has experienced lower volatility than Ripple, Litecoin, Ethereum, and Bitcoin Cash according to data from CoinMarketCap.com. The study calculates the absolute value […]
Nasdaq has developed a distributed ledger blockchain system that optimizes the use of securities as collateral for margin calls. A network is built between collateral givers, collateral takers, and intermediaries, and the system rapidly transfers collateral to central counterparties (CCP) round the clock. The CEO of Nasdaq Clearing, Julia Haglind, said, “As both a leading […]
The Horizons Blockchain Technology and Hardware Index exchange traded fund (ETF) will be launching on the Toronto Stock Exchange on 21 June 2018 under the ticker symbol BKCH. The co-CEO of Horizons ETF’s Management Canada Inc, Steve Hawkins, says this ETF will be different from others since it will focus on the hardware and services infrastructure […]
Sources report that trading app Robinhood could become the next crypto-related company to offer banking services in the U.S.
The chief operating officer of Goldman Sachs, David Solomon, said clients are asking to trade cryptocurrency so the firm is holding discussions to consider that possibility. He says Goldman Sachs must “evolve its business and adapt to the environment”. Goldman Sachs is a multinational investment bank headquartered in New York City that offers asset and investment […]
The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED.
Crypto exchange Huobi Pro announced that Bloomberg Terminal has added the HUOBI10 crypto market index on its terminal for subscribers.
Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.
All of the top ten cryptocurrencies by market cap have been hit by losses today, after news broke of the hack of the world’s sixth largest crypto exchange, Bithumb
Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.
The president of the Chicago Board Options Exchange (CBOE), Chris Concannon, says coming Securities and Exchange Commission (SEC) regulations for initial coin offerings (ICOs) will have catastrophic effects for investors and the market. He says “the reckoning will come in two waves” and “it should be keeping investors up at night”. CBOE is the largest […]