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The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com
31.3.2020
The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in...
Crypto Market Sentiment Improves for the Second Week in a Row
30.3.2020
Source: iStock/da-kuk
The market sentiment has seen an improvement for the second week in a row. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, is up this week to 4.73, compared to last week's 4.33/10, shows crypto market sentiment analysis service...
Ripple (XRP) Wavers Again Amid Uncertain Crypto Market
30.3.2020
XRP Price has reached above $0.17 just now; holds support at $0.1627 Ripple notes weekly high at $0.1836; 61.80% Fib level is still intact despite a few downward corrections The top coins of the crypto market are operating in such a way that keeps an investor in a state of perplexity. The market...
Crypto Market Sentiment Shows Gradual Improvement
23.3.2020
It has been 10 days since the market went for a dive, and the market sentiment situation has improved ever so slightly. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins by market capitalization, went up from last Monday's score of 4.21 to today's 4.33/10...
‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten
22.3.2020
Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly...
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
20.3.2020
The U.S. Fed has extended its trillion-dollar injection efforts through March — a giant sum compared to all the money invested in crypto
How Long Will the Market Downturn Last?
20.3.2020
When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...
Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues
18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Crypto Market Sentiment is the Lowest It's Been in 6 Months
16.3.2020
Source: iStock/da-kuk
It wouldn't be logical to expect the market sentiment to have gone up given the week crypto market has had. Per crypto market sentiment analysis service Omenics, following the market crash on February 13, the combined moving average 7-day market sentiment measure, sentscore...
While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned
16.3.2020
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how...
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Nischal Shetty Shares Views on the Indian Crypto Market Development
14.3.2020
Nischal Shetty, the prominent India-based crypto enthusiast and the honorable CEO of WazirX crypto exchange, has released a chain of tweets on his official Twitter handle proclaiming massive development and investments in the Indian crypto space very soon. Founded in 2009, cryptocurrencies have...
Crypto Market Meltdown Continues as Bitcoin Price Drops Below $5,000
13.3.2020
Today’s historic 50% correction shows that volatility within traditional markets continues to negatively influence Bitcoin’s price
XRP Price Shows Minimal Improvement Amid Gloomy Crypto Market
11.3.2020
Ripple (XRP) is known to remain immuned to huge market changes as it quickly moves into the range-bound state once after losses occur. The recent price plunge did the same for its price trend; however, this time, a slight amount of price recovery has been noticed. Along with the whole crypto...
Women in Blockchain: Has Gender Distribution Come to the Crypto Market?
9.3.2020
The number of women working in blockchain companies has grown since 2018, so has the number of female crypto investors. But does that give women more recognition in the market?
Libra Association Member Offers an Explanation for the Crypto Market Decline
9.3.2020
Marc Bhargava, co-founder of crypto prime broker Tagomi, isn’t surprised by the current market selloff — he blames margin calls
Crypto Market Sentiment a Bit Higher in 7 Days, but Brutal in 24 Hours
9.3.2020
The combined moving average 7-day market sentiment for the top 10 coins by market capitalization has somewhat recovered, barely passing the score of 5. It has risen from 4.84 which we saw last week to today's 5.08/10. However, as shown by Omenics, a crypto market sentiment analysis service, the...
World Economies & Crypto Market Crash: Is Coronavirus Only to Blame?
9.3.2020
What is really happening to the worldwide investment market as the stocks and major indices like S&P 500, Dow Jones Industrial Average Index and NASDAQ future plunge record nearly 5% and 1200-point low, respectively. Not only this, but the wicket of crude oil dip has gained an additional point...
COVID’19 Traps World Economy: US & Indian Stock Markets Crash While Crypto Market Turns Green
6.3.2020
COVID’19 broadly known as Coronavirus Disease 2019 is posing as a menace to the global economy where we see increasing number of deaths being recorded every day. The deadly virus that started from China is now a part of almost all the major countries interfering in the economies, making itself...