September 24, 2019 / by Crypto.IQ
The cryptocurrency industry is mostly characterized by its volatile nature which keeps it on edge always. However, besides the cryptocurrencies themselves, another entity that seems to be on edge is the digital currency community itself. The best way to watch the activity in the industry is through Twitter. EA sends cryptocurrency community into a frenzy…
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September 23, 2019 / by Zachary Mashiach
Altcoins have been rallying in recent weeks despite Bitcoin (BTC) holding steady around $10,000. The best measure of the strength of the altcoin market is the Bitcoin (BTC) dominance percentage, which is the Bitcoin (BTC) market cap divided by the total crypto market cap, and this has declined from 71.2% on Sept. 6 to 67.6%…
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September 20, 2019 / by Crypto.IQ
Catherine Raw, the North American COO of Barrick Gold, recently weighed in on cryptocurrencies indicating they are not competitive with gold. Raw was speaking at Fortune’s Most Powerful Women International Summit. Gold has an edge over Crypto She said that the physical nature of gold gives it value, something that it will always maintain regardless…
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September 19, 2019 / by Crypto.IQ
JPMorgan Chase’s metal trading desk is facing allegations of several trades involving fixing of precious metal prices. The US Department of Justice has already charged three individuals in gold and precious metals for market manipulation. The alleged manipulation spanned around eight years, according to the Department of Justice. On September 16th, Bloomberg reported that prosecutors…
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September 13, 2019 / by Zachary Mashiach
As of April, the global debt bubble had reached $243 trillion, which is apparently three times the global GDP. This is in addition to $750 trillion of derivatives, and adding this to the debt total means there is around $1 quadrillion of financial obligations globally. To imagine this number, if you stacked a quadrillion dollar…
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September 13, 2019 / by Crypto.IQ
According to Coinbase head of institutional sales, Kayvon Pirestani, the crypto exchange is planning to launch an initial exchange offering (IEO). Pirestani revealed on September 11th during the Invest: Asia conference. Coinbase to announce IEO soon Pirestani indicated that an IEO platform was among the numerous capital formation tools that Coinbase was exploring. He added…
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September 12, 2019 / by Zachary Mashiach
Binance was perhaps the most popular cryptocurrency exchange in the United States since it required zero identification information to sign up and offered access to 565 trading pairs. Also, Binance has volume of around $1 billion every day and high liquidity, leading to optimal cryptocurrency prices and an environment conducive for rapid trading. Binance starkly…
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September 12, 2019 / by Crypto.IQ
NASDAQ has added a new crypto-related index in partnership with Exante, the London-based brokerage firm, and the focus of this new listing is on decentralized finance projects. This new index goes by the name ‘Defix’ and was launched through Exante. The brokerage firm has been involved in the crypto industry for some time as it…
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September 11, 2019 / by Zachary Mashiach
There are numerous cryptocurrencies that are copycats, scams, or fundamentally useless, which is an issue that has been partially covered in the CryptoIQ War On Shitcoins, but there are a handful of cryptocurrencies that stand out from the rest and are unique and valuable. Monero (XMR) is the latter, it is a fundamentally useful cryptocurrency…
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September 10, 2019 / by Crypto.IQ
Charles Schwab, the biggest investment brokerage firm in the U.S. with $3.2 trillion in assets under management, has dismissed cryptocurrencies – at least for now, according to a RIABiz report. According to Rob Farmer, Schwab’s managing director for corporate communications, the firm is not interested in providing cryptocurrency trading services, also cautioning investors that these…
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