Ethereum
$96.11 6.33%
ETH · 9w

Positive news for the cryptocurrency market as financial institutions and stable coins foster…

Positive news for the cryptocurrency market as financial institutions and stable coins foster growth

Market Trends

After a month of consolidation, the market slowly turned around from its downward trend, the panic subsidized, and multiple currencies went up, driven by news coverage.

In the last month, the currency market stabilized, and major currencies started to rebound. XRP continued to fluctuate at a high level. BCH was stimulated by the listing of Bitmain, also rebounding sharply and maintaining its current high market position. Ethereum rebounded too by 30% from its lowest point.

BTC’s fluctuation was rather minor, therefore it was relatively stable.

Concerning the media, negativity was slowly being replaced by more positivism, while those in the currency circle steadily maintained their work.

Trend Analysis of Stable Currencies

The effects of stable currencies were assessed in the September 16th issue of the weekly report. The market has a lot of trust-based expectations towards stable currencies, and a lot of institutions are beginning to issue stable currencies.

Stable currencies have been repeatedly emphasized, particularly concerning its link with the U.S. Dollar. Credits linked with the dollar are in direct conflict with the right to print money. The institutions that have issued stable coins this time were mostly traditional institutions or institutions that were under strict supervision. The licenses for legally operating blockchain-related projects that these institutions possess are extremely hard to obtain, and the regulation is strictly maintained in developing other services. So-called stable currencies are in reality only deposit slips, not currencies of their own.

Stable coins are strictly regulated points of entry. How each dollar is converted into crypto currency, and how the crypto currency is converted back in to U.S. dollars must be reported to the regulatory authorities through ...

Continue on medium.com
Recent news
ETH +6.33% · blog.bounty0x.io · Now

Bounty0x Distribution Report — Dec 18th

These are campaigns that we’ve completed the review for and have requested the tokens during the past week: Tokens have been received from these hosts, however, they requested to not distribute them…
ETH +6.33% · twitter.com · 1h

December twitter mood (meme)

December Mood. #defi @compoundfinance @dydxprotocol @MakerDAO pic.twitter.com/5RJ3ZJbDvD— limzero (@Limzero1992P) December 18, 2018
ETH +6.33% · forbes.com · 6h

2019: The Year Of The Crash(es)

2019 will deliver a buying opportunity for bitcoin and cryptocurrencies. Timing is all but impossible, but the trick is to buy in after the worst is over and not try to guess where exactly that is.
ETH +6.33% · twitter.com · 12h

New to Crypto? Dec, 2018 Financial Asset Allocations: 70% Stocks, 15% Bitcoin, 15% Ethereum If your net investments are over $100,000, you need $30,000 of crypto before year-end, with a minimum time horizon of 1 year, ideally 5 years. Over $1 Mil, you should have $300,000 - easy

New to Crypto? Dec, 2018 Financial Asset Allocations:70% Stocks, 15% Bitcoin, 15% EthereumIf your net investments are over $100,000, you need $30,000 of crypto before year-end, with a minimum time hor...
12
ETH +6.33% · hackernoon.com · 14h

Five Unsolved Challenges of Crypto Security Tokens

Security Tokens are the latest hot topic in the craziness of the cryptocurrency ecosystem. Not only in the press, but also among investors who are savvy to find “the next killer application on the…