The sharks are coming in

The sharks are coming in

According to IronFX, “the sharks are entering the crypto market”. They highlight the following in their report:   • Goldman Sachs is considering a proposal to offer custody for crypto funds. • A new advancement for Ethereum coin owners has taken place and seems to make life easier for users of the specific coin. • […]

Hope prevails for Cryptos on Swiss intentions, IronFX

Hope prevails for Cryptos on Swiss intentions, IronFX

On Friday, Bitcoin hit the one of its lowest levels since the beginning of November, reaching as low as 5,708 USD. The drop caused worries, as a number of analysts rushed to compare bitcoin’s course with the dot-com bubble, as its fall neared similar levels. A comparison was also made to other “similarities” and was […]

Crypto Top10 Basket June 2018

Crypto Top10 Basket June 2018

Generally the Crypto market remained under pressure during June, with the Unum Top 10 crypto basket down -22.6% month-on-month.. The Unum Top 10 crypto basket covers almost 82.5% of the entire crypto market (by market cap.), with the Top 5 making up 3/4 of the market. The Top 5 coins remains unchanged, Bitcoin (BTC) remains […]

Bitcoin continues being slow

Bitcoin continues being slow

According to FX Primus, “Bitcoin continues being slow yet above $6k, break likely to be seen soon. ” Bitcoin traded sideways for a 4th consecutive session as investors and traders remain cautious about the slow activity of the pair. With a break, we could expect price to reach $4800 or lower as no barriers seem […]

Crypto Currencies: The seed of the equivalent benefit

Crypto Currencies: The seed of the equivalent benefit

Bitcoins or cryptocurrencies, also known as digital currencies belong to an asset class of their own which makes it more interesting for Investors to place money on. Contrasting gold, of which we have a long history of how it behaves in each circumstance, cryptocurrencies are not so familiar and have a mysticism as to how […]

Cryptocurrencies: looking beyond the hype

Cryptocurrencies: looking beyond the hype

Cryptocurrencies promise to replace trusted institutions with distributed ledger technology. Yet, looking beyond the hype, it is hard to identify a specific economic problem which they currently solve. Transactions are slow and costly, prone to congestion, and cannot scale with demand. The decentralised consensus behind the technology is also fragile and consumes vast amounts of […]

Crypto market in pursuit of security and reliability

Crypto market in pursuit of security and reliability

Fundamental Analysis: Bitcoin along with other cryptocurrencies is going through a very strained period as it seems. As the time progresses more and more issues are looking to bring out the negative side of the digital market instead of embracing it. The latest negative news, are coming from the Asian continent and more directly the […]

Bitcoin (BTC) hits 2 month low

Bitcoin (BTC) hits 2 month low

The price of Bitcoin has hit a new two-month low yesterday and closing to the years lowest point of 6000$. The news about the Korean exchange being hacked on Sunday did have an after effect as the currency dipped, and recovered on Monday but dipped again on Tuesday, after reports of nearly 30% of the […]