Younger investors favour Bitcoin and Ethereum over gold as a hedge against inflation. Read more.
Tags : crypto trading
It’s been a significant start to the week for the crypto markets. Ethereum has hit a new all-time high above $4700 and the total crypto market cap has passed $3 trillion USD for the first time after various alt-coins rallied. Meanwhile, Bitcoin was trading above $66,000 which is near its all-time high of around $67,000. Ethereum is up around 59% since the start of October and Bitcoin is up around 51%. One of the reasons for the recent Bitcoin rally was the launch of the first Bitcoin ETF in the US. This provided crypto exposure to traditional investors who may be looking for an inflation
This has been a huge week for dog-themed cryptos and they have stolen the spotlight with impressive rallies. It seems like they run in packs and are never too far from one another. Read more.
Buy the dip, sell the bounce. That seems to be the narrative with crypto currencies when they experience a sharp move down. Investors and traders will reflect on the missed opportunity to have bought some cryptos including Bitcoin (BTC) and Ethereum (ETH) on the sharp moves down earlier in September. Read more.
A new Fan Token will be launched on the sports and entertainment fan engagement app Socios.com by Endpoint CeX in partnership with Chiliz, the leading global blockchain provider for the sports and entertainment industry. Read more.
Bitcoin has been one of the most lucrative cryptocurrencies which is rivalling several legal tenders where popularity and adoption are concerned. Read more.