by Ana Farr, Community Manager at ecommerce-platforms.com and Unblock.net. She is a matcha and mindfulness enthusiast and loves to chat about the implications of Blockchain technology. The rise and fall of cryptocurrencies is an interesting topic because no one is sure where these digital assets are headed. Investors and promoters feel that the biggest bull run is yet to come (even when the signs lean far from that notion). Detractors, on the other hand, are still convinced that cryptocurrencies are nothing short of the Dotcom craze and just another bubble. Irrespective of whether Bitcoin and its family members are a bubble or not, one thing is clear; they haven’t made investors happy in 2018-especially those who bought in during 2017. As cryptocurrencies grew in number, many people realized that altcoins (alternative coins) like Ethereum, Monero, Dash, Ripple, Litecoin and others exuded more potential than most cryptocurrencies. Indeed, most of the top 30 cryptocurrencies are … [Read more...] about Why are altcoins falling faster than bitcoin?
Digital currency etf
Jasper HamillWednesday 25 Jul 2018 2:55 pm Share this article via facebookShare this article via twitterShare this article via googleShare this article via whatsappShare this with Share this article via emailShare this article via smsShare this article via flipboardCopy link The price of Bitcoin shot above $8,300 this week and sparked hopes that a cryptocurrency comeback is on the way. So far, 2018 has been a dismal year for Bitcoin, which hit a high of almost $20,000 in December last year before slumping by almost 75%. But if the market really is recovering, then could this be the right time to buy? Are we going to see another massive price rise? Although the crypto-world is full of wild predictions suggesting the value of Bitcoin is about to soar again, none of them are truly reliable. One key move which could aid its rise is currently being mulled over by the U.S. Securities and Exchange Commission. A company called Bitwise Asset Management has filed paperwork which will … [Read more...] about Is this the right time to buy Bitcoin and will the cryptocurrency price rise continue?
LONDON (Reuters) - Bitcoin, the world’s best-known cryptocurrency, shot past $8,000 on Tuesday for the first time in two months on signs of growing institutional interest in virtual coins. FILE PHOTO: The Bitcoin logo is seen on a pillow on display at the Consensus 2018 blockchain technology conference in New York City, New York, U.S., May 16, 2018. REUTERS/Mike Segar Recent reports about impending approval in the United States for a cryptocurrency exchange traded fund (ETF) have helped bolster demand recently, as have comments by BlackRock’s (BLK.N) Chief Executive Larry Fink last week that the world’s biggest investment firm was looking at cryptocurrencies. Bitcoin rose to at high as $8,130 on the Luxembourg-based Bitstamp exchange BTC=BTSP, its highest since May 22. The prices of other digital currencies also edged higher but most remain lower than a week ago, according to Coinmarketcap.com. After peaking at close to $20,000 in December, bitcoin has … [Read more...] about Bitcoin surpasses $8,000 to hit two-month high
(Reuters) - Asset manager Van Eck Securities Corp and blockchain company SolidX Partners Inc plan to launch a bitcoin-linked investment product that could be traded as easily as a stock, the two companies said in a regulatory filing on Tuesday. The Bitcoin logo is seen on a pillow on display at the Consensus 2018 blockchain technology conference in New York City, New York, U.S., May 16, 2018. REUTERS/Mike Segar The exchange-traded product, called VanEck SolidX Bitcoin Shares, will be insured against theft, fraud and loss of access to the currency, according to the filing, which is subject to a review by the U.S. Securities and Exchange Commission. The companies said they intend to buy and sell bitcoin in informally organized “over-the counter” bitcoin markets to cap transaction costs, while trading large blocks of the cryptocurrency. Van Eck, which had $46 billion in assets under management, and several other fund managers had previously pushed for … [Read more...] about Van Eck, SolidX seek to launch bitcoin-linked ETF