Sentences with phrase «global cryptocurrency markets move»
Yesterday, on March 6, the global cryptocurrency market moved closer to the $ 500 billion mark, as it peaked at $ 475 billion.
https://cryptotimes.news/ Not exact matches
The newfound bullish momentum is not a surprise for Fundstrat Global Advisors analyst Tom Lee, who said that tax filings were bringing the cryptocurrency market down and «Tax Day» would eventually trigger an upside move...
It's been a quiet and neutral session so far in traditional global financial markets, as only cryptocurrencies experienced significant moves.
Bitcoin's price is back below $ 8,000, a move that comes amid a broader decline in the global cryptocurrency market.
CBOE Global Markets, operator of the Chicago Board Options Exchange — the largest U.S. options exchange, has sent a letter to the Securities and Exchange Commission (SEC) encouraging the regulator to move forward with cryptocurrency based Exchange Traded Funds (ETFs) or Exchange Traded Products (ETPs).
Over the past few weeks, throughout the large correction, cryptocurrencies in the global market moved on a similar trend led by bitcoin and Ethereum.
The move of tax collection on cryptocurrency trades signifies that global regulators are legalizing crypto markets — which would help in enhancing trader's confidence.
Within these regulatory moves, from individual national countries, there are often powerful moves seen across the entire global cryptocurrency market.
Over the next few weeks, the global Bitcoin exchange market will stabilize, as traders move from the Chinese market to South Korea and Japan, two markets that have developed significantly more efficient regulations, industry standards and policies for both cryptocurrency exchanges and users.
Binance and Bitfinex, two of the largest cryptocurrency exchanges in the global digital currency market, may completely move out of Asia this year, due to impractical policies.
If leading cryptocurrency businesses continue to move out of Asia due to impractical regulations to Europe, it could lead to Japan, South Korea, and Hong Kong losing their dominance over the global market, and could trigger competition amongst global economies to house cryptocurrency businesses.