Cryptocurrencies

Volatility on Bitcoin had been uncharacteristically tame these past few sessions. Yet anyone sleeping behind the wheel would have been caught off-guard midway through Asia as prices spiked lowe. The retrospective driver is yet to surface, although the Japanese yen had strengthened whilst yields fell around the same time, in turn causing the US10-JP10 year […]

Ethereum Uppercuts Bitcoin Ethereum has been an outperformer this week in the crypto space, after breaking out of a bullish wedge. Week to date, Ethereum (ETH) has rallied over 17 whilst a tailgating Ripple (XRP) is hot on its heels, both of which have left Bitcoin (BTC) for dust which traders -0.3% lower. Yesterday it […]

China plans to release a new digital currency which would bear some similarities to Facebook’s Libra coin. It would be usable across several platforms like WeChat and Alipay. In a recent interview with the Shanghai Security News on the 6th of September, the deputy director of the People’s Bank of China, Mu Changchun, stated the […]

Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]

PLUS1 social media cryptocurrency in top 100 most mineable coins PlusOneCoin, a cryptocurrency from Online Blockchain plc (LSE:OBC), is seeing a surge in usage. PLUS1 holders can reward content they find valuable on the ADVFN and InvestorsHub financial bulletin boards – the biggest and busiest in the world – by up-voting it (‘+1’) with the […]

When Bitcoin debuted in 2009, very few people could have imagined that it would birth a new industry with a market capitalization of close to £300B within a decade. Fewer people would have imagined that Bitcoin could birth a disruption that could potentially end the era of money backed by government sovereignty. Yet, in the […]

The huge popularity cryptocurrencies have gained over time has been as a result of their privacy and anonymity features. These features were designed to aid users conceal their identities and hide their transactions. Popular coins like Litecoin, Bitcoin, and Ethereum were created with special anonymity features from the onset, but the level of their privacy […]

AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]

With Gold prices stretched and Bitcoin Around Key support, convergence could be approaching. In previous analysis we’ve highlighted a positive (although imperfect) correlation between Bitcoin and USD/CNY. And in recent times we’ve seen Bitcoin and gold rise in tandem during bouts of risk off, although we can see the relationship has broken down these past […]

In simple terms, cryptocurrencies are digital assets that use an encryption technique called cryptography for security. After the advent of Bitcoin, the first cryptocurrency in 2009, over a thousand coins have been created. They are mainly used for buying and selling of goods and services. They are not disseminated by a central authority unlike fiat […]