Latest Market News
Crypto asset manager Grayscale seems to be laying the foundations for new cryptocurrency investment products, incorporating trusts for six cryptocurrencies: Chainlink, Tezos, Filecoin, Basic Attention Token, Decentraland and Livepeer. However, the fact that these trusts were incorporated doesn’t necessarily mean that Grayscale will launch products for investing in the related cryptocurrencies.
As we move through the first month of the year, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
The price of Litecoin saw a solid 15.7% surge today as the cryptocurrency pushed into the $165 level. It had surged higher at the start of January 2021 but ran into resistance at $185, which was provided by the May 2018 Highs.
While Bitcoin is soaring, many are asking the same old question: When Altseason 2.0? Well, today, we would like to try and explain to you a potential path toward "Altseason 2.0" and what we can expect along the way.
As we move through the first month of the year, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Crypto asset manager recorded another record-breaking quarter – in the fourth quarter of 2020, the company saw $3.3 billion in inflows to its cryptocurrency investment products, smashing the previous quarterly record of $1.05 billion which was set in Q3 2020.
Grayscale, an asset manager that offers cryptocurrency investment products that can be accessed through the traditional market infrastructure, says it has commenced the dissolution of its Grayscale XRP Trust product.
United States-based investment banking giant Morgan Stanley now owns a 10.9% stake in MicroStrategy, a business intelligence firm that made headlines last year for purchasing massive amounts of Bitcoin.
Yesterday, we released our top coins to watch for this week, which included Blockstack, DIA, and Loom Network. In this analysis, I would like to cover these three coins to help provide some support and resistance levels to keep an eye on moving forward.
As we move through the first month of the year, a number of cryptocurrency projects are still moving ahead with their development, and look set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The following five coins are set to receive increased amounts of attention over the coming weeks and are definitely the top coins to keep an eye on over January.
