The crypto market momentum continues to remain bullish on the second day after Bitcoin leaped in price on April 12, 2018.
Owing to a lot of favorable events lined-up in the crypto markets, they are poised to make a comeback in the Q2 of 2018.
While high volatility and never-closing markets may make Bitcoin trading tough, Automated Bitcoin Trading is providing a working solution for maximizing the returns in such circumstances – presumes our guest author, Susan Tindol.
The latest correction in Bitcoin has brought it close to the dangerous levels of a “death cross” but analysts still prefer to remain bullish as many say the pain is “largely over”.
Experts say that Bitcoin’s attraction for institutional investors may increase correlation, with crypto market hitting $1 trillion this year. As Bitcoin’s correlation with stocks jumps to 2-year high, the currency becomes like everything else on Wall Street.
The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.
By bringing mature financial technologies to cryptocurrency markets, Blockchain-based startup XTRADE.IO wants to create a platform that will serve as an onramp for institutional investors.
NYSE Arca has recently filed a proposal with the SEC to list two Bitcoin Exchange Traded Funds (ETFs) on its platform.
World’s second largest exchange – Nasdaq Inc – is reportedly planning an entry into the Bitcoin futures space by the second quarter of 2018.
According to bitcoin investor Michael Novogratz Bitcoin could ‘easily’ hit $40,000 by the end of 2018
Bitcoin now surges past the $9700 mark coming close to its targets of $10,000. The overall crypto markets turn bullish with a total cap of over $300 billion.
By offering advanced security measures, the service is expected to encourage big investors, like hedge funds and sovereign wealth funds, to embrace the virtual currency.