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Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes

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Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than five years, the analysis shows. Bitcoin’s Volume Growth … Read more

Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

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Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe … Read more

Abra Adds Stocks and ETF Investing to Its Cryptocurrency Exchange App

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Abra has decided to add access to collateralized equities investing. This means that users of the exchange and wallet app in 155 countries will be able to trade on popular U.S. stocks and commodities like gold and even use cryptocurrency to do so. Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Partners … Read more

Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ Grade

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Wall Street is known for being a cut throat place where shrewd business people play as tough as possible in order to make gains or their destroy opponents. However, the crypto ecosystem can be at times far more nasty than any other market. One company that had the audacity to rate everyone’s favorite cryptocurrency somewhat … Read more