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Tron (TRX), Ripple (XRP), BTC, and others make it to Yahoo! finance

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As everybody knows digital money is now receiving a lot of attention in the financial world, and this is something that definitely has a repercussion on trading markets and such. So far the only way to see the behavior of certain digital asset, let say Ripple or Tron, is through websites that dedicate to track the market cap of the largest coins in the market such as coinmarketcap or coindesk.

However, when it comes to mixing this with the regular financial spectrum the options are not that big, and this is exactly what Yahoo! has decided to tackle with the integration of digital currencies lists and conventional stocks via its most recent initiative.

Yahoo! Finance is the name of the project that the famous company has created in order to set a standard in the arrangement of different forms of money that exist and coexist in the financial landscape. Let’s see the main details of the Yahoo! Finance crypto listing project.

Yahoo! Finance announcement

The most recent move of the Yahoo! organization was announced parallel to the news related to the integration of the blockchain in cross-border remittance transactions announced yesterday morning by the CEO and founder of Alibaba, Jack Ma. Like this, right after the newest milestone of the sector, Alexis Christoforous and Jared Blikre, members of the Yahoo! organization broke the silence and talked about the project and its main goals.

It was known that the Yahoo’s project will serve as a platform to provide information related to budgetary news, stock analysis, information, reports, and others crucial aspects of the financial industry. As it was specified above, Yahoo! Finance will integrate both conventional assets and digital currencies, which to the moment is the selected group of coins that include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Stellar Lumens (XLM), Bitcoin Cash (BTH), and Tron (TRX).

The list certainly looks large compared to similar platforms of the market, and as it seems, Yahoo! Finance is looking forward to integrating even more coins in the coming days. For its part, during last week the Federal Reserve Economic Data (FRED) integrated  4 different cryptocurrencies into its database, an action that undoubtedly sets a positive momentum for the crypto world.

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Let’s recall that the FRED is a database that is supported by the Reserve Bank of Saint Louis, specifically, by the Research division of the organization. The institution counts with at least 500,000 economic series related to 81 different sources which implicate this is factually a huge endorsement in the cryptosphere, as the platform serves as one of the most reputed networks when it comes to treating financial indicators.

The FRED data can be visualized both in graphics or text, and at the same time all of the information contained on the platform can be downloaded in different formats and shared with mobile devices and applications.

In this sense, it still remains to know what the gadgets of the Yahoo! Finance are going to be, but for the moment, there’s the only thing to say to them. Way to go Yahoo!

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pxhere.com

Altcoins

DGB Price Prediction For 2018 and Beyond

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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Why ZCash (ZEC) Is Heading to $10k

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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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