Ripple (XRP) has been surprising investors since the start of this year, thanks to its big price swings compared to bitcoin and Ethereum. After hitting the highest level of $3.84 on Jan 4, ripple’s price moved back below $1 in Wednesday trade. Ripple was among the worst performers during the selloff, but the currency has…
Fortunately, investors are pretty adapted with the big swings in the prices of cryptocurrencies. In fact, they believe in generating value from these movements. The movement of Cryptocurrencies remains soft in Friday trade after the dramatic last few sessions. Bitcoin pared previous losses, but the currency struggles to break the physiological mark of $12,000. Bitcoin…
Trading bots are computer programs that use various indicators to recognize trends and automatically execute trades. While algorithmic trading software has been used by hedge funds in the equity, commodity and currency markets, trading bots for private investors first appeared in the foreign exchange trading space. They quickly made their way into the crypto asset…
As we transition from 2017 into 2018, there has been an increase in SEC and state regulator activity in the area of Initial Coin Offerings (“ICOs”), as the agencies seek to determine (i) whether certain ICOs constitute a sale of unregistered securities; and (ii) whether public statements made in connection with ICOs are fraudulent or…
A True Network Effect for Research Further, it is well known that platforms have the power to enhance the user experience and bring new sources of supply into the market. The combination of enhanced user experience and new sources of supply often drive down prices and increase the size of the market. An analysis showed…
Most people have an opinion on Bitcoin at this point. Considering it took both this year and last year by storm, it would be hard not to form an opinion on the virtual currency, whether you are interested in it or not. But it’s not just enough for the general public to speak out about…
Today, the Wall Street Journal reported that the Intercontinental Exchange or (ICE) has partnered with the blockchain tech company Blockstream. They are set to bring “disciplined” Bitcoin price information to Wall Street investors wanting to get in the crypto space. ICE is the parent firm of the New York Stock Exchange (NYSE) and it…
Since the start of the Korean dilemma, Ripple (XRP) was leading as the worst performing cryptocurrencies, due to its significant dependence on Korean markets. The subject of regulation has substantially impacted ripple’s price in the last seven days. Its price plunged to almost $1 in early trade on Wednesday, down sharply from an all-time high…
The cryptocurrency market has had a wild 48 hours but is now on a steady climb up, with no end in sight. Source: CoinMarketCap As you can see from the chart above, the market took a sharp fall starting on Monday from an over $700 billion market cap to just over $430 billion, in about…
After the dramatic two days selloff, Bitcoin not only pared earlier losses, but the digital currency generated healthy gains in Thursday’s trade. Bitcoin moved back to the $12,000 mark in Thursday’s trade, signifying a growth of more than 20% compared to the previous close. Bitcoin hit as low as $9,199.59 in early trade on Wednesday.…
