Category: Trading News

deVere Group CEO Expects Ethereum To Outshine BTC In Next Five Years

The CEO of deVere Group, one of the largest independent financial advisory firms in the world, Nigel Green is one among the few investors in the crypto space that are bullish on Ethereum over BTC. He, however, share similar optimistic sentiments with other Ether enthusiasts on the ETH takeover. Ether enthusiasts believe that the new

CipherTrace Introduces A Set Of Monero Tracing Tools

CipherTrace, a firm for analyzing blockchain statistics, has made an announcement saying that it is going to issue a tracing toolset to be used with Monero (a privacy coin). Nonetheless, the community of Monero coin is still unconvinced about the toolset’s effectiveness. The Monero toolset of the firm has been reported to make the customers

Marathon Digital Buys 30k More Bitcoin Miners From Bitmain

Bitmain, China’s biggest maker of crypto mining devices, has traded 30,000 miners to Marathon Digital (a publicly-traded firm providing the technology of digital assets to the crypto miners) in return for $120.7M, as pronounced in a Monday’s press release. Bitman (a firm based in Beijing) is not much powerful in selling mining apparatus. Inside the

CME Group Publishes Its Quarterly Report For Q2 2021

The quarterly report about its Q2 of 2021 has been published by the Chicago Mercantile Exchange Group (CME), which states that the company has acquired a slight increase in profit due to the latest products, including Bitcoin futures contracts. The report further mentions revenue of nearly $1.2B as well as an average progression of 5%

TikTok Has Banned Ads Related To Cryptocurrencies

This week, TikTok has incorporated some new updates into its policy about the branded content, and it is placing a block on the crypto influencers. The implications of the policy include the developers whose content revolves around the broader financial spaces such as cryptocurrency. The policy update Although there are some exceptions, the latest prohibited

Is Bitcoin (BTC) Bullish Run Over?

The continuous fluctuation in the Bitcoin market has forced many analysts to frequently change their viewpoint with the bullish to bearish trend and vice versa. In this type of situation, different market indicators, analyses, and metrics predict the different types of upcoming situations, which as a result, intensify the fear, doubt, and uncertainty among traders.