Bitcoin trades at $40,000 for the first time in over a month
The price of bitcoin surpassed $40,000 on Monday, marking the first time the market has done so since mid-June. At the time of writing, the cryptocurrency was trading at $40,085 on Coinbase, up more than 17% in the last 24 hours. Bitcoin’s price last rose above $40,000 on June 16, as shown in the graph […]
CEO hedge fund – Cryptocurrency is a viable trading option
Some hedge fund managers are sceptical of cryptocurrencies, as Man Group CEO Luke Ellis compared them to tulip bulbs. In an interview with the Financial Times, Ellis stated that the utility of cryptocurrency stems from its volatility , making it a viable trading option. The CEO of the world’s largest publicly traded hedge fund, according […]
Australian company Zip Co to provide crypto trading services
The Fintech Giant, Zip Co set to launch cryptocurrency trading services to its Australian and American users. Zip Co, a buy-now-pay-later startup , has announced ambitions to launch cryptocurrency trading services in the United States and Australia in the coming year. Which assets will be supported is still unknown. According to a Reuters story, Australian […]
JPMorgan advisors can trade crypto for clients based on request
Advisors at JPMorgan’s have been given permission to execute crypto trades only at the direct request of clients. JPMorgan Chase, a major American investment bank , is apparently allowing more of its advisers to conduct crypto trades for their clients. Retail wealth clients at JPMorgan now have access to bitcoin funds, according to a Business […]
Trading cryptocurrencies made easy
It is critical to have an understanding of the assets and technologies involved in cryptocurrency trading before even considering it. This article gives a thorough exposition to trading for both beginner and advanced traders. Bitcoin (BTC) is the seed that has sprung thousands of different cryptocurrencies. As a result, it is beneficial to first comprehend […]