Cryptocurrency is famous for its volatile nature. For instance, Bitcoin, best-known crypto giant hit its all-time high price in December last year. However, only a couple of months later, Bitcoin’s prices plummeted significantly. And just a quick reminder, we are talking about the world’s first ever cryptocurrency here. There are thousands of other such coins … Continue reading “Trading Tips: How to Trade a Cryptocurrency Market in Downfall”
markets
CFTC Chair: This May Help Cryptocurrency Market “Mature”
A stronger flow of institutional investors could help cryptocurrency markets “mature,” notes U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo. “We’ve still got a long way to go, there’s a lot of issues in some of these spot exchanges, a lack of transparency, a lot of conflict of interest, a lack of systems and systems … Continue reading “CFTC Chair: This May Help Cryptocurrency Market “Mature””
Cryptocurrencies Fall as Dow Jones, NASDAQ Plummet
Panic gripped the Street on Wednesday. The Dow Jones fell 800 points. The tech-heavy NASDAQ was falling to its 200-day moving average. All this volatility reared its ugly head in the worst month of the year. Not helping, bond yields were on the rise. The benchmark 10-year Treasury note yield rose to 3.25% and hit its … Continue reading “Cryptocurrencies Fall as Dow Jones, NASDAQ Plummet”