Crypto adoption

Insights

Rakuten development good for Crypto adoption

Rakuten group on Monday 19th Aug 2019 announced the launch of their cryptocurrency wallet. The wallet will support the spot trading for following crypto assets – BTC, ETH, and BCH. As per the press release, there will be no fees for purchasing or selling crypto assets or depositing money. So...

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  • August 20, 2019
Market News

Walmart Plans Its Own Blockchain-Based Digital Currency

Retail giant Walmart is planning to develop their own blockchain-protected digital currency named ‘WMT’, a USD pegged stable coin. According to the patent filed on 2nd Aug 2019, the users of digital currency can buy goods/services at selected retailers/partners. Source: U.S. patent and trademark application database ID # US020190236564A1. The...

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  • August 2, 2019
Latest Crypto Fear & Greed Index

The above index uses the following factors to measure market sentiment. These are – Volatility, Market Momentum/ Volume, social media, Surveys, Dominance, and Google search trends.

There are two ways to read the index:

  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
  • When Investors are getting too greedy, that means the market is due for a correction.