How To Pick Or Analyze Altcoins Before Investing In Them
The first thing every responsible crypto investor must do before investing in altcoins is to review the project’s white paper, supply and demand elements, the team, and the stakeholders behind the project. What are Altcoins? The word “altcoin” is derived from “alternative” and “currency”. Altcoins refers to any alternative to Bitcoin. Altcoins are cryptocurrencies that […]
As the Bitcoin price bounces back to $39K, traders set levels to watch.
A significant resurgence for Bitcoin is expected to be met with “probable rejection” if $40,000 is reintroduced, according to one analyst. On Feb 23, as European markets opened with small gains, Bitcoin (BTC) began to exhibit much-welcomed upside volatility. $39,600 is expected to elicit “strong pushback.” BTC/USD gained significantly on Wednesday, reaching $39,000 before stabilizing, […]
Bakkt lost more than 6% on its first day of public trading
In its first day of trading in the open market, the price of Bakkt (BKKT) fell by more than 6 percent. When Bakkt (BKKT), an institutional and retail-facing digital asset platform established by the Intercontinental Exchange, closed its tumultuous first day of trading as a publicly traded business, the stock experienced a -6.4 percent drop […]
Billionaire investor Bill Miller expresses support for Bitcoin
Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, in a recent interview showed support for Bitcoin (BTC) but expressed doubt about several of the altcoins. Miller believes Bitcoin represents digital gold, and unlike many of his financial contemporaries like Warren Buffet being the most renowned, he has been an active […]
Majority of Korean crypto exchanges to cease operations this month
Failure to comply with South Korean regulators’ new requirements will likely result in the extinction of tens of cryptocurrency exchange operators. South Korean cryptocurrency exchanges face an impending deadline to comply with new compliance requirements, with all operators expected to submit applications for official licences to the Financial Services Commission (FSC) no later than Sept. […]