Price analysis 1/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK

Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global pandemic which could permanently damage economics across the globe. Crypto markets were not shielded from the mayhem that led the S&P 500 and Dow to post some of…

This week Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the major crypto exchanges to gauge the direction price might take. However, reviewing options…

A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17.The development of the cryptocurrency, dubbed “Unit-e,” is being funded by Distributed Technologies Research (DTR) — a non-profit organization based in Switzerland, whose official launch was also…

Bitcoin (BTC) hit $40,000 on Jan. 7 in the latest psychologically significant milestone for cryptocurrency bulls.BTC price crushes the $30,000 corridor in record timeData from Cointelegraph Markets and TradingView confirmed BTC/USD officially hitting dizzying new highs during trading on Thursday, bringing weekly gains to more than 40%.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewIn just one of…

Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China.The recent outbreak of coronavirus has killed more than 400 people in mainland China. The entire country and Chinese citizens overseas have been…

The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation. 140 Total views 1 Total shares Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors.In a…

Huobi Group rebranded its derivatives trading platform as Huobi Futures in a bid to attract more investors to cryptocurrency derivates trading. 3217 Total views 68 Total shares Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures.According to the announcement from spokesperson and head of Huobi global business Ciara Sun the…

The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 296 Total views 15 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in…