Bullish and bearish outlooks on the crypto market can depend on the person holding the view. When talking about markets, both mainstream and crypto, “bullish” and “bearish” often come up in headlines and conversation, although such usage typically depends on financial knowledge and experience. What do the two terms mean? Bullish and bearish refer to…
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The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins. In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement…
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SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. Morningstar, a financial information services subsidiary of Japanese financial giant SBI Group, will continue its XRP shareholder benefits program. According to an official announcement Friday, Morningstar has approved year-end shareholder benefits in the form of XRP. The new dividend payout option comes as part…
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Altcoins are witnessing a bout of profit-taking after Bitcoin price failed to push through its $58,300 all-time high this week. Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won. Data from Cointelegraph Markets…
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One of the world’s largest cryptocurrency exchanges is further expanding into the payments sector. Binance has released its payments app, Binance Pay, in public alpha. The app is a contactless peer-to-peer cryptocurrency payment feature that lets users send and receive payments in cryptos like Bitcoin (BTC). Binance initially rolled out Binance Pay in a soft…
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Nonfungible token projects continue to rally as big-name players dabble in digital assets and the pace of cryptocurrency’s mainstream adoption increases across multiple sectors. Nonfungible tokens (NFT) have risen in popularity over the past couple of months as stories of record-setting multi-million dollar auction sales begin to emerge on a daily basis. While projects like…
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IoTeX soared to a new all-time high after partnering with the Amazon Web Services network and integrating with multiple DeFi platforms. As mobile devices, cost and the ease of accessing the internet becomes less of a challenge for people across the world, the value of data has become a new highly desired commodity. Governments and…
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An NFT representing a 50% share in a St Louis home has been put up for auction on Mintable — but is it as good as a title deed? Investor Ivan Malpica listed a share in a property at 5828 Wise Avenue in St. Louis on NFT marketplace Mintable last night for roughly 42.43 ETH…
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Peter Schiff calls his son “brainwashed” for his 100% Bitcoin portfolio. Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin. “My son went all in on Bitcoin on the last drop below $50k. 100% of…
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The firm invested $100M into the Grayscale Bitcoin Trust late last year, it has sold one third and it’s holdings are still worth $50M more than the purchase price. Israel’s Altshuler Shaham Investment House has doubled its money after tipping $100 million into the Grayscale Bitcoin Trust late last year. It’s the only Israeli institution…
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