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Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

September J, 2017

Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion The crypto markets took a steep downward turn on Friday, with more than 90 of the top 100 cryptocurrencies posting single-day price declines. The bitcoin price dropped nearly $400 after challenging the $4,000 level earlier in the week, while the ethereum price slipped below $260. Chart from CoinMarketCap The total cryptocurrency market cap–the combined value of all cryptocurrencies–dropped more than $10 billion for the day. After beginning the day at about…

Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market

August J, 2017

Market Hive

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Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market Forget $5,000. At a time when many are making short-term bets on the price of bitcoin and other cryptocurrencies, one bitcoin bull is going a step further. Ronnie Moas, founder of Standpoint Research, is making the case cryptocurrencies will not only be a decade-long trend, but a viable asset class. In fact, he's going so far as to call for a massive rise in the market cap…

Fidelity now allows clients to see digital currencies on its website

August J, 2017

Market Hive

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Fidelity now allows clients to see digital currencies on its website Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase. Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager's employees, is a rare example…