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Cryptocurrency Market News

  • Japan’s top brokers compete with crypto-native exchanges for market share
    Cointelegraph.com News - 9 hours ago
    Japan’s biggest brokerages are looking to compete with the country’s crypto-native exchanges for digital asset market share. According to research by Messari, the top three online brokerage firms in Japan are experiencing surging revenue from their cryptocurrency exchange services.In its Asian Crypto Landscape report, Messari noted the operating revenue and net worth…
  • Glassnode predicts BTC break-out as investors refuse to realize losses
    Cointelegraph.com News - 11 hours ago
    Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce. A Jan. 25 report published by crypto data aggregator Glassnode has noted that Bitcoin’s adjusted Spent Output Profit Ratio, or aSOPR, suggests that a further decrease in prices will leave many investors in the red…
  • Reddit investing group triggers crypto-style 860% rally in GameStop stock
    Cointelegraph.com News - 12 hours ago
    The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies. Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from…
  • BoE Governor: cryptocurrencies of today are destined to fail long term
    Cointelegraph.com News - 12 hours ago
    The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features. Bank of England Governor Andrew Bailey thinks it is unlikely that the current generation of crypto assets lack the design and structure needed to ensure long term regulatory survival.Speaking during the World…
  • Goldman Sachs CEO: Regulators should be 'hyperventilating' at Bitcoin's success
    Cointelegraph.com News - 13 hours ago
    The CEO of Goldman Sachs believes regulators will not be able to monitor the financial system if Bitcoin is allowed to flourish in its present form. Goldman Sachs senior chairman Lloyd Blankfein has stated that regulators should be “hyperventilating” in response to Bitcoin’s recent success, characterizing the crypto asset as undermining the…

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