Crypto-assets heavily influenced by market changes due to positive correlation statistics

2019-7-6 21:30

In the cryptocurrency industry, exchanges form the backbone of the entire ecosystem. Major exchanges often impact the prices of virtual assets, as it is essential for digital currencies to be available on these crypto-institutions.

Exchanges have had an impact in almost all sectors; from Binance promoting IEO projects like Harmony. One and Fetch. AI, to the launch […]

The post Crypto-assets heavily influenced by market changes due to positive correlation statistics appeared first on AMBCrypto.

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exchanges impact crypto-assets correlation statistics influenced heavily

exchanges impact → Результатов: 80


Фото:

Big, greedy Ethereum whales account for 33 percent of cryptocurrency’s supply

Ethereum whales account for just 7 percent of transaction activity in the market – but they control a third of the cryptocurrency’s entire circulating supply. That’s according to a new study by Chainanalysis which found that although these whales don’t have a sizeable impact on Ether’s price, their large sell-offs do make the market more volatile on a daily basis.

2019-5-16 16:36


Thomas Lee Believes Bitfinex’s LEO Coin Could Negatively Affect Bitcoin if IEO Is $1 Billion

Bifinex, one of the most popular crypto exchanges around the world, would be launching a new digital currency through an Initial Exchange Offering (IEO). This digital asset called LEO could eventually have a negative impact on Bitcoin (BTC), the largest virtual currency around the world, according to Thomas Lee, the co-founder of Fundstrat Global. Thomas […]

2019-5-6 13:23


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


Nevada Bill Regarding Multiple Uniform Standards Sees Pushback from Blockchain and Crypto Proponents

In Nevada, the State Senate introduced a bill in Judiciary Committee on Tuesday, which would bring in multiple uniform standards that would impact the entire virtual currency industry. Ultimately, crypto exchanges would have to register with the Department of Business and Industry, along with a few other changes. However, the representatives of multiple crypto and […]

2019-3-16 18:29


MT Gox Trustee Sold Bitcoins in Exchanges and Not OTC, Court Evidence Reveals

The activities of Nobuaki Kobayashi, the Mt Gox bankruptcy trustee -also known as the MtGox Whale-, have been carefully followed by the community of crypto users, not only because of the impact they could have on the victims of the most famous hack in the history of crypto-mint, but also because he could affect the […] The post MT Gox Trustee Sold Bitcoins in Exchanges and Not OTC, Court Evidence Reveals appeared first on Ethereum World News.

2019-2-7 13:36


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Asian News Headlines Exert Significant Impact on Cryptocurrency Prices

A report published by Mosaic has found the Asian region to be exerting a leading influence within the cryptosphere, despite China’s ongoing crackdown on digital asset platforms. The study finds Asian news events to have a significant effect upon BTC price volatility and highlights the increasing number of cryptocurrency exchanges targeting Asian traders.

2018-12-22 14:15


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Bitcoin Halving is 500 Days Away, But What Does It Mean for Price Now?

Bitcoin halving is 500 days away, which means the impact of a block reward cut will begin to have an impact in the not too distant future. Halve The Reward, Moon The Price? A year to the day that the Bitcoin price touched its biggest USD value ever – over $20,000 on some exchanges – community pundits are focusing on the potential for a rebirth in the mid-term.

2018-12-19 19:00


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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.

2018-10-31 20:51


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China Giving Crypto Power Back To The People, Sort Of

Last week, Chinese authorities made their vision on cryptocurrencies very clear, as new movements took hold across the country banning certain aspects of the industry, including the spread of crypto news on social media giants, WeChat, a block on over 100 cryptocurrency exchanges via Chinese internet and even a ban on event venues in Beijing hosting cryptocurrency and blockchain related events and conferences.

2018-8-28 15:00


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‘We Couldn’t Get Any Foreign Currency’ – Turkey’s Capital Controls Show Why Bitcoin Exists

Turkey introducing capital controls to stem the impact of its currency crisis means traders can “expect” higher Bitcoin prices on local exchanges, a well-known online commentator has suggested. ‘Expect Price Premium’ Tweeting August 13, BambouClub eyed spreads on P2P platform Localbitcoins, forecasting buy and sell asks to increasingly diverge as the country’s economic situation worsens.

2018-8-14 22:00