The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Social media giant Facebook plans to leverage its massive user base of more than 2.7 billion for the success of its crypto project that aims to integrate Instagram, Facebook Messenger and WhatsApp under one canopy. According to the New York Times’ sources, the cryptocurrency will be a stablecoin that will be pegged to …

China’s state-backed tech workgroup has released its tenth crypto rankings report, placing Bitcoin (BTC) in 13th, while EOS (EOS) keeps its top spot. The monthly report was released by China’s Center for Information and Industry Development (CCID) on Feb. 26. Operating under China’s Ministry of Industry and Information Technology, CCID first launched its monthly crypto ratings report in May 2018, and awarded major altcoin Ethereum (ETH) the top-rated crypto position out of the original 28 coins. In its latest crypto rankings report, CCID has added a new entrant to the list, having analyzed 35 digital coins instead of 34 cryptos …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Binance CEO Changpeng Zhao said that investors lapped up the Fetch.AI (FET) token on Feb. 25 in a record time of 22 seconds. This is a bullish sign. It shows that the investor appetite for initial coin offerings (ICOs) is returning. Though the crypto space has been in a crushing bear market for more …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. A bottom formation after a long bear market is not a linear process. At various intervals, we are likely to witness spurts of buying and selling as the bulls and the bears attempt to establish their supremacy. After a smart recovery from the lows, when it looked like the bears had surrendered, came the …

Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb. 23. Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal to institutional users. According to Sun, the hard fork will deliver institution-handling capabilities, as well as other features such as multi-signature abilities and account management options. Tron’s TRX token appeared to react to the news when it surfaced last week, before a downturn in …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The fundamentals of the crypto space have been improving over the past year. These developments are not going unnoticed by the institutional players. Though they have not committed huge sums of money, they have started testing the waters. Crypto hedge fund Pantera Capital, which in its two previous crypto funds had managed to raise …

Institutional-grade cryptocurrency investment services firm BitGo will provide wallet and custody support for cryptocurrency Tron (TRX), according to a press release shared with Cointelegraph on Feb. 20. Per the release, BitGo will add support for TRX later this year, making it available for institutional investors. TRX thus joins over 100 other digital currencies already supported by BitGo. BitGo is reportedly the world’s largest processor of on-chain Bitcoin (BTC) transactions, processing 15 percent of all global Bitcoin transactions and $15 billion of cryptocurrencies per month. The company’s wallet service has more than $2 billion in assets under management. Yesterday, BitGo revealed …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Billionaire investor Tim Draper believes that crypto and fiat currencies will reverse their roles in five years. According to Draper, fiat will mostly be used by criminals, while cryptocurrencies will be used for regular day-to-day transactions. Tesla CEO Elon Musk also said that “crypto is a far better way to transfer value than …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. CNBC commentator and CEO of digital currency investment firm BKCM LLC, Brian Kelly, believes that, “Bitcoin is about 50 percent undervalued.” However, just because it is undervalued is not a good enough reason for it to move up. Kelly opines that due to extreme negative sentiment, he will not be surprised even if Bitcoin …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States banking giant JPMorgan Chase, whose CEO has been one of the most vocal critics of cryptocurrencies, has announced the launch of its own cryptocurrency, named “JPM Coin.” This clearly shows that many criticize the technology as they do not understand it, but once they realize its potential, they readily become a part …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. During a bull phase, any amount of supply is easily absorbed as the traders are keen to buy on every dip. However, when the sentiment sours and the price fails to stage a recovery, most traders become sellers. While it is difficult to pinpoint a single reason for the prolonged fall of the …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bakkt recently completed its first acquisition of certain assets of futures commission merchant Rosenthal Collins Group (RCG). The much-awaited digital asset platform is expected to launch later in the year, according to Jeff Sprecher, CEO of the Intercontinental Exchange (ICE). Many expect institutional participation to increase with the launch of Bakkt. Ex-hedge fund manager …