November 21, 2019 / by Crypto.IQ
Galaxy Digital Capital, a crypto hedge fund which manages $337 million of assets, has announced that they are launching two new Bitcoin (BTC) funds including the Galaxy Bitcoin Fund and the Galaxy Institutional Bitcoin Fund. The Galaxy Bitcoin Fund is apparently aimed at wealthy and older retail investors, and has a $25,000 minimum investment and…
Read more
November 20, 2019 / by Crypto.IQ
LocalEthereum, which is one of the main competitors of peer-to-peer trading network LocalBitcoins, has changed its name to LocalCryptos and has begun supporting Bitcoin (BTC) trades. Previously LocalBitcoins had been the king of peer-to-peer trading platforms, but in an effort to satisfy Finnish regulators, LocalBitcoins is now forcing customers to submit ID before they are allowed…
Read more
November 18, 2019 / by Zachary Mashiach
The Federal Reserve has injected $280 billion into the economy in the past seven weeks, equivalent to 32.56 million Bitcoin (BTC) and $40 billion more than the market cap of the entire crypto space. This massive operation was required so that the Federal Reserve would not lose control of the fed funds rate, which is…
Read more
November 14, 2019 / by Zachary Mashiach
This Halloween, the EOS network got a real and severe trick and no treat. The EIDOS token launched that day, and since then, the EOS network has been slowed to a crawl due to the massive spam attack the airdrop has induced, as will be explored in this article. Unfortunately, the airdrop will continue for…
Read more
November 13, 2019 / by Zachary Mashiach
CoinMarketCap has launched a new liquidity feature, and the results are shocking. Out of the 54 cryptocurrency exchanges listed on CoinMarketCap’s liquidity page, which includes most major exchanges, there is only approximately $350 million of liquidity. Possibly, if all of the other exchanges that are not listed were measured and added, the crypto space would…
Read more
November 12, 2019 / by Zachary Mashiach
The Stellar Foundation conducted what is possibly the biggest coin burn in the history of crypto space by sending 55 billion Stellar Lumens (XLM), worth $3.85 billion, to an address that no one owns. Coin burns have become an increasingly popular way to prop up the market price of altcoins. For example, Bitfinex’s LEO token…
Read more
November 7, 2019 / by Zachary Mashiach
On Nov. 5, CME Bitcoin Futures flash crashed from $9,400 to $8,360 in mere seconds only to recover to $9,200 just as fast. The entire event lasted less than 10 minutes and appears to be a prime example of ‘filling the gap.’ Essentially, CME Bitcoin Futures do not trade 24/7, and on Friday afternoon the…
Read more
November 4, 2019 / by Crypto.IQ
A new token is coming soon to the crypto space. BLOCKTV, which is a news service based out of Tel Aviv, Israel that reports on blockchain, cryptocurrency, augmented reality, and the internet of things (IoT), will be launching the BLOCKTV (BLTV) token. Instead of doing an initial coin offering (ICO), all BLTV tokens will be…
Read more
November 4, 2019 / by Crypto.IQ
According to the escrow tracking service XRP Arcade, Ripple has unlocked one billion XRP from its escrow accounts. This move is part of Ripple’s monthly program that gives it access to the escrowed XRP. Ripple unlocks 23rd tranche from escrow program In December 2017, Ripple locked up around 55 billion XRP before releasing a schedule…
Read more
November 4, 2019 / by Crypto.IQ
The US-focused wing of the popular crypto exchange Binance is set to offer support for Cosmos (ATOM) and NEO. The announcement came from Binance.US on October 30th that it was going to add complete trading support for the tokens as of October 31st. Both these tokens are rated among the top 20 according to their…
Read more