Crypto market makes comeback after sudden downturn

Bitcoin bounces 10% as bargain hunters buy the dip Bitcoin and Ethereum surged to hit simultaneous all-time highs early last week, tapping $65K and $2.5K respectively as Litecoin rose above $300 for the first time in three years. Yet the buying party came to an abrupt end when the highly-anticipated Coinbase listing failed to push prices even higher. Euphoria turned to fearContinue reading “Crypto market makes comeback after sudden downturn”

Altcoin frenzy pushes crypto market to $2 trillion

BNB rises 50% as Litecoin and Stellar make 16% gains While Bitcoin and Ethereum are resting at the key milestones of $60K and $2k respectively, smaller altcoins are darting ahead, pushing the total crypto market cap beyond $2 trillion for the first time. BNB is the biggest winner of the week with 50% gains, making the market capContinue reading “Altcoin frenzy pushes crypto market to $2 trillion”

What you need to know about the Coinbase IPO

When an airplane is getting ready to take off, before it starts moving, you can hear the engines going full throttle, giving the plane the burst it needs to get off the ground. Coinbase, set to go public on the Nasdaq on April 14th, under the ticker COIN, received that full-throttle boost from its recentlyContinue reading “What you need to know about the Coinbase IPO”

What is Cryptocurrency? A Beginner’s Guide

You have heard about it on the news or from a friend, but what exactly is cryptocurrency? Don’t feel down if you don’t yet have a firm grasp on this new asset class. Cryptocurrencies can be difficult to understand if you don’t know the basics. To give you a better understanding of what cryptocurrency isContinue reading “What is Cryptocurrency? A Beginner’s Guide”

Clock ticking on Brexit deal, still no agreement on stimulus package

European markets are mixed this morning as the EU’s chief negotiator Michel Barnier warns there are mere hours left to secure a trade deal between the UK and the bloc. Sterling has dipped by 0.5% against the dollar, which in turn has helped the FTSE 100 gain by a similar amount due to its overseasContinue reading “Clock ticking on Brexit deal, still no agreement on stimulus package”

Facebook’s Libra to launch as soon as January

Libra, the cryptoasset devised by Facebook, is reportedly planning to launch as early as January, as per the Financial Times, although it will be a scaled down version of what was originally planned. The FT quotes unnamed sources as saying the launch will now be focused on one single cryptoasset, rather than the launch of several coins.Continue reading “Facebook’s Libra to launch as soon as January”

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