With updates to the Binance ecosystem in the works, Binance coin (BNB) is rising in value. Investors anticipate new offerings that could drive demand for the virtual currency. A high user base could feed into higher volumes on the exchange. Already, it’s risen to its highest price in 15 months, reaching as high as $24.77, its highest since January 2018. Read More
Loans are a sensitive topic. Blockchain technology presents new ways to address loans in a potentially better light. The blockchain technology used to create crypto-backed loans can increase transparency and trust for all participants, thereby reducing some of the risks typically encountered with loans. Read More
Crypto spring is coming-we hope. 2018 was a year full of cold feet and bearish sentiments. According to Coin Market Cap, total crypto market cap peaked at $795.8 billion on January 7, 2018. It was downhill from there as over $680 was chopped off the markets. Crypto winter has been felt. With recent rises in prices and more news of trusted names providing gateways to investment in the space, one must wonder-could crypto spring be near? Read More
The correlation between the coins is calculated using a correlation coefficient, which shows the strength of the correlation. A correlation of +1 implies a strong correlation, correlation of -1 implies the pair will move in opposite directions and a correlation of 0 suggests no observable linear relationship.
Ethereum has had a fairly dramatic and complex journey in the crypto sphere. It is expected when the hopes of many are in the altcoin. With a market cap of $14,010,648,219USD and circulating supply of 105,221,701 ETH appears to show prospects of significant future growth as it still has space to reach and possibly surpass all-time-highs of $1,448.18. Read More