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Markets Update: Digital Currency Economy Surpasses $300 Billion


Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These...

Markets Update: Crypto Prices Surge After Last Week’s Pullback


Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last...

CME’s Bitcoin Futures Hit New Records


Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone...

Markets Update: Crypto Prices Sink Lower Finding New Support Levels


On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also...

Bitfinex's LEO Moves Through Crypto Ranks Faster than Binance Coin


The competition among major exchange tokens is heating up, as UNUS SED LEO (LEO), the recently-issued Bitfinex exchange token, has reached USD 1.5 billion market capitalization in less than two weeks and is inching closer to the top 10 coins by market capitalization as it is already ranked as...

Markets Update: Cryptocurrency Prices See a Slight Correction


Cryptocurrency prices have corrected over the last 24 hours as most digital assets have dropped in value between 6-10% since June 2 at around 6:45 p.m. EST. At press time the entire cryptoconomy is valued at $250 billion with about $80.5 billion in global trades in the last day. Also read:...

INEOS Announces Plan to Invest $2 Billion in Saudi Petrochemical Project


After the whole Jamal Khashoggi affair, there was worldwide outrage about the Saudi leadership and many investors made noises about not doing business in the country ever again. However, the tide has definitely turned over the course of 2019, and big-ticket investment is continuing to flow into...

Ripple Price Analysis: XRP Releases 1 Billion Coins from Escrow Account


Ripple releases 1 billion coin worth of $435,891,000 from its escrow account. The 2019 target should be set at 0.75 USD. Recently, a sudden increase in the trading volume and market cap was noticed in Ripple (XRP). Later it was officially confirmed that Ripple had released 1 billion XRP coins worth...

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