Cryptocurrency continues its incredible surge, with the combined market capitalization of all digital currency reaching $500 bln. According to the Wayback Machine, on December 15, 2016 - almost exactly one year ago - the total market cap stood at around $15 bln. Today’s price movements bring the total...
Ethereum, the number two digital currency by market capitalization, topped $600 today to set a new all time high. According to CNBC, the surge comes as UBS announced they will head an Ethereum-based Blockchain initiative along with Barclay’s, Credit Suisse, KBC, Swiss stock exchange SIX and Thomson Reuters....
The global equity market has seen a very turbulent decade since the start of the global recession. Yet despite the relatively stable economic growth the world has seen over the past five years there has been a significant decline in the number of Initial Public Offerings (IPOs), as...
On the announcement of Bitcoin futures, the price headed towards a new all-time high of $7,000. In the week leading up to their commencement with CBOE Bitcoin went on a monster rally as people bought in ahead of this paradigm-changing move, then futures went live and the website...
In an efficient market, prices in the futures and spot markets tend to converge. Bitcoin futures, however, are trading at a more than 10% premium compared to prices in the spot market.Arbitrage opportunitiesIn an efficient market, arbitrageurs spot price differences and make contra-trades in both markets, netting a...
According to recent reports, the French government has opened the door to allow fintech companies and banking institutions to begin trading unlisted securities on Blockchain technology-based platforms. The regulation changes cut out the need for middlemen like brokerages or exchanges.The change comes with a desire to have France...
The rollercoaster ride that is Bitcoin has been epitomised in the last few days as the digital currency rocketed to the milestone of $10,000. Instead of bouncing off that target or consolidating, the second stage engine fired up, pushing the currency as high as $19,700 on one exchange....
Investors are dumping gold in favor of Bitcoin, according to analysts in a recent interview on CNBC. One of them, Phillip Streible of RJO Futures stated boldly that “Bitcoin has stolen a large market share of gold.”To explain how they are tracking this shift, Larry McDonald of The...
Controversial cryptocurrency market personality Craig Wright has projected that 2018 will be a very good year for the virtual currency Bitcoin Cash (BCH). This comment was made after he failed to prove that he is Satoshi Nakamoto, the famously anonymous creator of Bitcoin.In his recent Twitter post, Wright...
Russia could consider using cryptocurrencies to trade oil. Source link