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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.

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

Blogs

3 Things to Avoid if You Want Your ICO to Succeed

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Initial Coin Offerings, or ICO, have become quite popular in 2017, which is something that also continued throughout 2018. In fact, there were hundreds, if not thousands of them so far. However, no matter how many of them were organized, most never managed to make it into the market and achieve their goals.

Analysts claim that there are a lot more failed ICOs than there are successful ones, which has caused a lot of people to simply give up on the idea. However, many are still curious to know what went wrong, and while failed ICOs can be studied for years without discovering absolutely every flaw, some of the bigger ones can be spotted right away.

This is why we will now list top three reasons why so many ICOs failed, and everyone who is thinking about launching one should pay close attention.

1. The lack of demand for the product

According to estimates, around 60% of ICOs often fail at the first stage simply for the lack of interest in what they offer. When someone comes up with an idea and launches an ICO in order to raise money, they are presuming that people will be interested in investing in this idea. In addition, prior to making an announcement that an ICO is coming, it is wise to ensure that the announcement will be heard in the first place.

Additionally, ICOs need to be approved by appropriate…

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Bitcoin

Reasons Behind The New Bitcoin Crash

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Cryptocurrency investors and supporters experienced quite a shock last week with the latest Bitcoin crash. Almost every single one of top 100 cryptocurrencies trading in the red. Not only that, but most of them experienced massive losses, often larger than 12%, or even 15%.

The event was unexpected and all cryptos, with the exception of a handful of stablecoins, lost a large part of their value. However, as always, Bitcoin is the one receiving the most attention, especially since this is the first time that BTC has dropped below $6,000 in a long while. Right now, Bitcoin is still losing value, with its current price being at $5,503.11 per coin, and a drop of 12.76% in the last 24 hours.

After the initial shock, a lot of investors started wondering and researching the new crash. The main question still remains: Why did this happen?

While this is more than understandable, especially considering how much money, time, and patience people have invested in crypto, the reasons behind the new crash remain obscure to many. Because of that, we are now going to explain two events that are most likely to be causing this situation.

1. The selloff

This is believed to be the main reason for the new crash of Bitcoin. The selloff came as a consequence of the last year’s bull run, which has launched BTC and other coins to entirely new heights. Because of that, numerous…

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Altcoins

Here’s Why This Coin Still Has Wings (WINGS)

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WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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