Tag Archives: Billion

$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Monty

$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Monty

It isn’t a secret that millions, if not billions of dollars fled the crypto asset markets in 2018. Blockchain projects liquidated hundreds of millions worth of Ethereum (ETH) from the initial coin offerings, while common Joes and Jills, many of who caught FOMO in late-2018, liquidated their Bitcoin (BTC) holdings in search for greener pastures for investing. Simultaneously, many have anecdotally said that little to no fiat has entered this space, creating an environment where solely sell-offs are the market’s M.O. But, one investor argues that while […]

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Crypto Trading Volume Hits 9 Month High at $34 Billion

Crypto Trading Volume Hits 9 Month High at $34 Billion

Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well. The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged. Total market capitalization reached a high of $134 billion as a further $9 billion was added to yesterday’s pump. Daily volume has not been over $34 billion since late April 2018 according to Coinmarketcap. This marks a huge 9 month milestone in crypto trading volumes and some analysts have predicted the […]

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Crypto Markets Hit Monthly High With $5 Billion Pump

Crypto Markets Hit Monthly High With $5 Billion Pump

Crypto markets moving on Monday; Ethereum is surging, BCH and Maker going strong, Tron and NEO are weak. Crypto markets are rallying this Monday morning as $5 billion gets pumped back in over the past 24 hours. The upward momentum began around nine hours ago and market capitalization has now surpassed $125 billion for the first time in a month. Bitcoin climbed to an intraday high of $3,740 a few hours ago before pulling back a little. It has broken through previous resistance levels at $3,650 to […]

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Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion

Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion

Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space. Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.” Crypto Winter Has Been No Match For Grayscale’s Bitcoin Fund Grayscale, headed by Michael Sonnenshein, recently released its “2018 Digital Asset Investment Report” to outline company performance over the course of yesteryear. And surprisingly, the statistics were […]

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Tron (TRX) Ready For the $5.6 Billion South Korea’s Gaming Industry

Tron (TRX) Ready For the $5.6 Billion South Korea’s Gaming Industry

Tron prices slide 8.5 percent in the last week Roy Liu, the business development manager, signs a deal with two of South Korea’s gaming associations Transaction volumes low, recovery depends on bull trend resumption The Tron Foundation may be hard at work, but market dynamics are exerting pressure on TRX. It is down 8.5 percent in the last week despite Roy Liu signing an MoU with two of South Korea’s leading gaming associations. Tron Price Analysis Fundamentals Without a shadow of a doubt, Tron Foundation is ambitious. […]

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BTC Up $4.3 Billion in Three Days

Samsung Crypto Support Bullish for BTC

Bitcoin prices on an uptrend Venezuela is a prime example of why BTC is needed Participation levels are high, poised to increase in coming days After Feb 8 rockets, it is clear that momentum has shifted from bearish to bullish. Further padded by supportive fundamentals, it is likely that BTC will break and close above $3,800 ushering in a demand wave that would see prices retest $6,000. Bitcoin Price Analysis Fundamentals There is a crisis in Venezuela, and the government’s endless tussle is wrecking ordinary Venezuelans. To […]

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Crypto Market Wrap: $10 Billion Pumped Back in to Cryptocurrencies

Crypto Market Wrap: $10 Billion Pumped Back in to Cryptocurrencies

Crypto markets are on fire for the first time in 2019; Litecoin shooting for the moon, the rest not far behind. Following over a week of total lethargy and downward momentum things are looking much brighter this morning. Dispelling any notion that volatility had dropped, an epic pump of $10 billion entered crypto markets over the past 24 hours pushing total market cap back over $120 billion. Bitcoin led the charge as usual when it broke through the week-long resistance at $3,500. Less than an hour later […]

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$3 Billion Lost as Friday Dump Accelerates

$3 Billion Lost as Friday Dump Accelerates

Crypto markets in selloff this Friday, XRP dumping recent gains, Tron and Stellar falling, NEM collapsing. As expected crypto markets are starting to fall back again as we end the week. Strong down trend lines cannot be broken and the majority of crypto assets are retreating once again as total market capitalization drops back to $112 billion. Bitcoin hit its resistance at $3,500 once again as its intraday high but bounced off it pretty quickly falling back to a low of $3,440 where it currently trades. The […]

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XRP Surges Ahead of Ethereum by $2 Billion

XRP Surges Ahead of Ethereum by $2 Billion

Crypto markets climb slowly higher, XRP surging, Bitcoin Cash and IOTA doing well, Tron and NEM fall back. Crypto markets have continued a slow recovery process again today but one or two of the majors are showing a little more momentum. Total market capitalization has nudged above $115 billion but progress is far slower going up than it was coming down. Bitcoin is stuck at its new resistance level of $3,500 and it cannot overcome it. It has climbed about a percent on the day by further […]

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Binance Overwhelmed by BitTorrent Token Demand, 60 Billion Sold in 15 Minutes

Binance Overwhelmed by BitTorrent Token Demand, 60 Billion Sold in 15 Minutes

As crypto markets tumbled yesterday the BitTorrent token sale kicked off and promptly overloaded the world’s largest exchange where it was hosted. BTT Gone in 15 Minutes … The BitTorrent token sale started on Binance Launchpad yesterday amid another crypto market rout which dumped $7 billion in a few hours. Binance posted an announcement with fixed rates for the tokens which were locked in at 1 BTT = 0.00001824 BNB (using a BNB price of 6.58000 USD) and 1 BTT = 0.00447261 TRX (using a TRX price […]

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