Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017, …
The Ripple-to-Dollar (XRP/USD) exchange rate on Friday was the earliest to recover from its latest downtrend move. It surged as much as 19 percent from yesterday’s low at 0.377-fiat, which is higher than other top coins. Ripple, the company that issues XRP tokens, is reportedly heading towards forming a partnership with SWIFT, a global banking …
According to cryptocurrency analyst Eric Thies, the crypto market may have hit a bottom in September as the price of Ethereum (ETH) declined by more than 50 percent. Since delving below the $180 mark, ETH has since recovered to $230, likely due to the demonstration of massively oversold conditions by the market in late September. …
For the past nine months, the cryptocurrency market has seen steady declines, forcing most altcoin prices down 80 percent or more from their all-time highs. Even bitcoin, “digital gold,” has shed 68 percent from its mid-December peak. However, the wind, says billionaire Galaxy Digital founder Mike Novogratz, is about to shift. Writing on Twitter, Novogratz, …
Cryptocurrency exchange Kraken is calling foul on allegations that its tether (USDT) markets are frequently characterized by trading activity commonly associated with wash trading and other forms of market manipulation. Last week, Bloomberg published an investigative report examining trades involving tether, a “stablecoin” allegedly backed by physical U.S. dollars at a 1:1 ratio. Controversy has …
Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The IOTA price (MIOTA) surged past other coins’ average daily gains for the day, climbing 17% over its Wednesday level. The project released the beta version of the Trinity Wallet on May 29 and has kept the price momentum since then, as CCN …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The cryptocurrency market has lost more than $20 billion over the past 48 hours, as major cryptocurrencies such as bitcoin, Ethereum, Ripple, Bitcoin Cash, and Cardano recorded losses in the 2 to 5 percent range. Ripple, Bitcoin Cash, Cardano Most major …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets succumbed to another mid-week slump on Wednesday, with the majority of top-tier coins posting minor declines. Meanwhile, Bitcoin dominance rose to a two-month high as investors continued to consolidate their holdings back into the flagship cryptocurrency. Source: CoinMarketCap At …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins San Francisco-based Bitwise …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ripple price rose 15 percent on Wednesday, enabling XRP to become the second cryptocurrency to achieve a $100 billion market cap. Ripple Price Surge Raises XRP Market Cap to $100 Billion The ripple price defied expectations throughout 2017, rising nearly 30,000 …