Cryptocurrencies
Ugandan FIA Urges Central Government To Regulate Cryptocurrencies
Uganda's FIA urges the central government for comprehensive regulation of the digital currency industry nationwide.
Bitcoin’s Average 30-Day Trader Returns Haven’t Dipped This Low Since Black Thursday
On-chain metrics provider Santiment revealed that the latest correction in the market has made Bitcoin’s average 30-day trader returns slip to lows not seen since Black Thursday.
David Rubenstein Says Cryptocurrencies Are Here to Stay Despite Price Crash
David Rubenstein remained bullish on cryptocurrencies, stating that the burgeoning asset class is not going away any time soon. Rubenstein said that there is an appetite for cryptocurrencies, thus serving as an alternative to the current traditional financial system.
Ethereum Whale Transactions Ballooned to Levels Since January 2018
On-chain metrics provider Santiment acknowledged that ETH whale transactions went through the roof in the past week.
Bitcoin Lost Over $500 Billion in Market Capitalization With the Latest Correction
The downtrend witnessed in the Bitcoin market has caused the top cryptocurrency to shed more than $500 billion in market cap.
Bitcoin Needs to Hold Above $34k For Bullish Divergences
Market analyst CryptoHamster believes that Bitcoin needs to hold above the $34k area for the present correction to end in the short-term.
Australia’s Finance Minister Warns Crypto are High Risk Assets
Australia’s Financial Services Minister Jane Hume warned that the cryptocurrencies are volatile and high-risk assets, investors must be aware of risk after the recent massive price correction of the global crypto industry.
Long-Term Bitcoin Holders are Accumulating Coins After Trimming Their Positions in the Early Bull Run
Long-term Bitcoin holders see the present steep plunge as the perfect opportunity to accumulate more coins.
Ethereum Hodlers are Increasingly Bullish as ETH Google Search Volume Doubles that of 2017
Ethereum investors are showing bullish signs as ETH supply on exchanges is decreasing.
Bitcoin Has Spent 3 Months Bouncing Between $45,000 and $60,000
Bitcoin’s upward momentum has dried up as it has spent three months bouncing between $45k and $60k, as alluded to by market analyst Lark Davis.