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Fundstrat Global Advisors thinks that crypto prices can see higher price points, and JPMorgan plans to launch its own coin. Top Stories This WeekFundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to CryptoAccording to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental improvements in the crypto space can provide support for higher prices for cryptocurrencies. The report notes that as the United States dollar is expected to weaken, and more institutional investors enter the space, a visible market recovery can be expected. Fundstrat states that the current year’s crypto hangover can be attributed to the waning interest in the initial coin offering (ICO) sector as well as adverse regulatory achievements. JPMorgan Chase Launches JPM Coin to Increase Settlement Efficiency in Three OperationsUnited States banking giant JPMorgan Chase announced this week that it was planning to launch its own digit..
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin Press Release: BuySellHODL launches one of the worlds first cryptocurrency ratings and price targets feature. The application is available for download on both Android and Apple devices. Febuary 14th, 2019, New York – Newly launched cryptocurrency app BuySellHODL has announced the launch of its proprietary crypto ratings and price target feature, with Bitcoin as the initial coin rating launch. The rating feature is currently free and the first of its kind in the crypto space. It gives users real-time ratings and price target data that is entirely quantitative, creating an invaluable analysis tool for beginners a..
With a few notable exceptions, most of the top 20 cryptocurrencies by market cap are fluctuating 2 percent in either direction on the day. Wednesday, Feb. 13: Cryptocurrencies are seeing tempered price action overall. With a few notable exceptions, most of the top 20 coins by market cap are fluctuating 2 percent in either direction on the day, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) has seen virtually no price change on the day and is trading at $3,628 to press time, according to CoinMarketCap data. On its 7-day chart, the coin is up 6.5 percent after a spike on Friday, Feb. 8, when Bitcoin soared by almost $300 in value. On the month, the coin has come almost full circle to trade down by a mild 1 percent. Bitcoin 7-day price chart. Source: CoinMarketCap Mike Novogratz, a former Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, has today argued that Bitcoin occupies a unique place in the crypto landscape an..
In the land of cryptocurrencies, Bitcoin is number one. The market capitalization of BTC is more than the market capitalization of all the remaining cryptocurrencies put together. This is why BTC has been able to maintain its dominance over the market for the last ten years. The second position on the list, however, is more open for the taking. This is why ETH and XRP have been struggling to permanently take this position for a long time now. Last year alone, XRP claimed the second position from ETH up to three times throughout the bear market. Right now, XRP is the third largest cryptocurrency per market capitalization but the difference between this token and ETH isn’t much. Ethereum (ETH) Price Stability And What This Means For XRP Over the weekend, ETH was able to reclaim its position as the second largest cryptocurrency per market by a few points. Right now, things are relatively stable. The price of ETH is neither surging upward or downward. Considering the fact that the price o..
The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This WeekFacebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or an acquisition of a company made in order to get the skills or expertise of its staff, as opposed to the company’s service or products. According to Cheddar, four of the five researchers that worked on Chainspace’s academic white paper will be joining Facebook. Facebook had told Cheddar that it had not acquired any of Chainspace’s technology. Leaked Mt. Gox Info Purports to Show $318 Million in Bitcoin, Bitcoin Cash on BitPoint According to leaked documents reportedly showing the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox, the ..
Bitcoin has broken the $3,600 mark, with some the top 20 cryptocurrencies seeing double-digit gains. Friday, Feb. 8 — Bitcoin (BTC) has broken the $3,600 price point, with all of the top 20 digital currencies making significant gains on the day, according to data from Coin360. Market visualization from Coin360 In the middle of the day, BTC spiked above the $3,450 mark and at press time the leading cryptocurrency is trading at around $3,640, making a 7.03 percent percent upturn over the day. On its weekly chart, BTC started the week at around $3,493 on Feb. 1, dipping as low as $3,398 on Feb. 7. Bitcoin 7-day price chart. Source: CoinMarketCap The daily Bitcoin (BTC) transaction volume has been recently increasing to levels not seen since January 2018, after BTC hit the $20,000 price mark, which could purportedly be a sign of the evolution of the cryptocurrency’s ecosystem and fundamentals. Jameson Lopp, chief technology officer at Bitcoin personal key security system firm Casa, publ..
The Litecoin Foundation has partnered with software development firm Beam to explore the implementation of a new protocol that would improve privacy and scalability. The Litecoin (LTC) Foundation has partnered with software development firm Beam to explore the implementation of a new protocol that would improve privacy and scalability. The news was reported in a Beam Medium blog post Feb. 7. The new protocol, dubbed “Mimblewimble” — a fictional tongue-tying curse from the popular Harry Potter novels — is reportedly being tested for use in conjunction with the scalability solution “Extension Blocks.” The Beam blog post states: “We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality.” All work on the ongoing project will reportedly be published under an open source..
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Radix DLT releases Economics Whitepaper detailing new crypto token which is set to overcome volatility in the market Radix DLT, a fast, simple and limitless ledger which provides a scalable alternative to Blockchains and DAGs, today announces the inception of the Rad Token, an alternative to existing cryptocurrencies. The next step in the evolution of crypto, the Rad aims to solve the significant issue of volatility and lack of stability which, to date, has prevented currencies such as Bitcoin or Ethereum from being used in making long term personal or business decisions. The announcement has been made as part of the Ra..
Ripple is one of the strongest companies in the blockchain and cryptocurrency space. This is because Brad Garlinghouse has a solid team that is made up of people who share the company’s vision and look forward to a time when this dream will become a reality. Even when the entire industry was facing pressure due to the slump in cryptocurrency prices, Ripple continued to thrive. The discouraging price struggles of the XRP and other tokens didn’t prevent the company from carrying on with its ambitions. XRP May Have A Breakthrough In The ASEAN Market The Melinda Gates Foundation is interested in making the transfer of value easier for the unbanked people of the world. This is why the Melinda Gates Foundation has adopted Ripple’s technologies to reach out to these members of society that don’t have access to central financial organizations. Using the xRapid, and xCurrent technologies, unbanked people will have access to good services. Apart from Mojaloop, the San Francisco based company is..
BTT price has increased by over 600 percent since its recent ICO in late January which sold out in minutes. BitTorrent token’s (BTT) price has gone up over 600 percent since its initial coin offering (ICO) which sold out in minutes, according to the data from CoinMarketCap on Feb. 4. Peer-to-peer torrent client BitTorrent, which allows users to distribute files over the Internet launched its Tron-based native token BTT in the beginning of January. BTT is purportedly part of a broader ambition to build a decentralized content distribution platform using the digital currency. On Jan. 28, the BTT sale on the Binance Launchpad platform made headlines, netting $7.1 million dollars with the sale of 50 billion tokens in under 15 minutes. Tron CEO and founder Justin Sun officially announced then that all 23.76 billion BTT had been sold within 13 minutes and 25 seconds at a price of $0.00012 per token. As press time, BTT is trading around $0.000885, a 629 percent price hike since the ICO and a..