Altcoins News
By Steven Anderson
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The price of BTC in correlation with Altcoins indicates that the cryptocurrency market has already touched upon the bottom.
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The report from Binance Research states, “Within this period, the composite altcoin correlation with Bitcoin also hit an all-time high (13 Mar 2018).
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The report also mentioned that it is quite early to talk about institutional investors as they hold only 7% of the cryptocurrencies.
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Meanwhile, a new fully regulated crypto-exchange is to be launched in Japan. The FSA of Japan has permitted the listing of cryptocurrencies like Ethereum, Litecoin, XRP, Bitcoin…
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Binance research further claims that the bear market might be over after analyzing the market structure and the correlation between the crypto assets.
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The investors who are in the cryptocurrency market are highly sensitive to market changes. They are prone to being overconfident or over pessimistic and therefore leading…
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From a comparison point of view, the turnover rate is six times more than the US stock market, and it is three times more than the Chinese market.
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Investors of all sizes whether they have invested on the Bitcoin or the TCAT tokens tend to HODL when the prices drop.
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A lot of regrouping had taken place in the year 2018 when the market was going through transitory phases of all-time highs and all-time lows.
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Regardless of several investors shunning cryptocurrencies, the appetite for digital money is here to stay.
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Monark Modi, entrepreneur Bitex UAE, stated: "There are a lot of investors who want to invest, but they do not have a platform and don't have an exchange where they can exchange…
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The issues with cryptocurrency exchanges being stolen and the official websites getting hacked are continuing to happen across the globe, but this has not prevented the…
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