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Investment bank Goldman Sachs and Bitcoin bull Mike Novogratz have invested $15 million in BitGo Holdings Inc., which will provide a secure asset custody facility for institutional investors and wealthy clients. The company considers its $1 trillion BitGo crypto wallet to be such a tool.
The absence of impulse movement does not yet confirm the forecast of an upcoming price decline
Despite the approaching 10-year anniversary of cryptocurrency, skeptics have not yet exhausted their argument that this technology is nothing more than a digital money laundering tool. In an attempt to refute unfair accusations, the Binance exchange has joined the Chainalysis cryptocurrency study in order to preserve its transcontinental ecosystem.
Texas finance professor John Griffin and his colleague Amin Shams published a study claiming that once the price of Bitcoin fell to a certain level, some traders would buy up the sagging asset through the Tether stablecoin, bringing the price back to its previous level.
Forecasts for price reductions remain valid for now. We believe that on the eve of the impulse the market will be in a fever and the pairs’ maneuvers will contain deceptive movements
When trading digital assets, speed is of the essence. Executing orders a fraction of a second ahead of the market makes a significant difference between profit and loss. It is not surprising that the cryptocurrency platform Deribit decided to analyze the speed of closing orders, since it showed the best results. In addition to Deribit, the analysis included exchanges Bitfinex, Binance, Coinbase, Bitmex and Okex.
We continue the series of publications about trading in order to understand in practice how much a novice investor can earn using only the forecasts published on our website. To understand how useful they are, we decided to conduct an experiment and simulate a situation in which a person who only knows about trading that he needs to “buy cheaper and sell more expensive” tries to earn additional income in his free time from work by investing part of his funds in cryptocurrency trading
Recently, answering the question “do cryptocurrency investors need hardware wallets?”, Ledger CEO Eric Larchevêque reported that the company sold more than 1.3 million devices in a month. Competition in this sector is limited to a few manufacturers like Trezor and KeepKay, which have not yet released official sales figures.
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