Cryptocurrency analyst and trader Ali Martinez is saying that blockchain oracle Chainlink (LINK) possesses upside potential based on the readings of one indicator. Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is “flashing” a bullish signal for LINK on the 12-hour chart. The TD Sequential
(Bloomberg) — A batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset. Most Read from Bloomberg Harvest Global Investments Ltd., the local unit of China Asset Management, and a partnership between HashKey Capital
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t own any crypto and therefore can’t use it to carry out transactions. And that doesn’t really incentivize merchants to embrace crypto payments as an offering.
The cryptocurrency market rarely disappoints. The vertical is currently experiencing bearish price declines, and leading altcoins seem to be projecting low price action. While many crypto enthusiasts may label this development as downright negative, several crypto opportunists believe this might be their only time to shine brightly within the crypto community. Price dips might pose
The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC, which provides clearing and settlement services to the financial markets in the US, says digital asset-linked ETFs will be subject to a 100% “haircut.” “No
Bitcoin—along with other major cryptocurrencies ethereum, XRP XRP and dogecoin—have rocketed higher over the last year (and now could be heading into a key week). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s halving earthquake! The bitcoin price is up around
Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at around $2.45 trillion — a 94.5% change one year ago. In what could be a knock-on effect from the traditional market, which saw the Japanese yen tumble to a 34-year low against the U.S. dollar, leading cryptocurrencies such as
Financial services firm Depository Trust and Clearing Corporation (DTCC) has announced it will not allocate any collateral or offer loans for ETFs with exposure to Bitcoin or other cryptocurrencies. As of April 30, during its annual line-of-credit facility renewal, the DTCC will adjust the collateral values for specific securities, potentially impacting their position values in
Unraveling the Phenomenon: Why Bitcoin continues to lead the pack in the cryptocurrency market In the cryptocurrency world, Bitcoin reigns supreme, the most recognized and inspiring cryptocurrency that many investors, men traders, and enthusiasts all over the world follow. Yet, Bitcoin is still the navigator among the variety of altcoins and blockchain technology developments. Bitcoin
In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.” These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others. XRP And