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Markets News
Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator
Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.

Bitcoin Retains Bear Bias Despite Recovery From 25-Day Low
Bitcoin's recovery from 25-day lows near $6,100 is likely a "dead cat bounce" rather than a bullish reversal, charts suggest.

Bets Against Ether's Price Hit All-Time High
The number of short orders placed on ETH/USD have reached a new high and is a clear reflection of bearish sentiment surrounding the cryptocurrency.

Are Big Crypto Token Sales Really Over? At Republic Event, Many Think So
At an event in New York on Thursday, crypto enthusiasts broadly agreed that the ICO, as it was during the hype cycle of 2017, is no more.

$6K Ahead? Bitcoin Price Plunges After Brief Recovery
Bitcoin's short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.

Stock Brokerage EF Hutton to Launch Crypto Reports for 'Confused' Investors
Stock brokerage EF Hutton is launching subscription-based cryptocurrency research reports aimed to educate "confused" investors.

Grayscale Launches Investment Trust for Zen Cryptocurrency
Grayscale Investments announced Thursday morning that the new Zen Investment Trust is now open to accredited or institutional investors.

Bitcoin's Double-Digit Drop Negates Long-Term Bull Market
Bitcoin's 13 percent slide in the last 24 hours has neutralized the long-term bullish reversal suggested on the technical charts earlier this week.

Ether, ADA Crypto Prices Hit Lowest Levels In Over 1 Year
Ethereum, the world's second-largest cryptocurrency by market capitalization, fell to the lowest level since September 2017 on Thursday.

Bull Trap? Bitcoin Price Slides Below $7K Despite Strong Indicators
Bitcoin is reporting losses a day after a bull breakout – a move that looks similar to a bull trap seen in July.
