The mobile application for cryptocurrency trading, Bison powered by Germany's second-largest stock exchange Stuttgart Börse, and the Finnish start-up Sowa Labs is using an analytical tool based on artificial intelligence called Cryptoradar to determine market sentiment.
With the belief that all assets will be digitized in the future, leading investment platform eToro has announced it will launch a cryptocurrency offering in the United States. The launch will initially enable U.S.-based users to invest in 10 cryptocurrencies, with more to be added throughout 2018.
Regarding latest altcoin prices analysis, things are getting interesting. Currently, there is a rich news background, affecting the entire market of cryptocurrencies.
NASDAQ first crypto-exchange, based on its' own developed infrastructure, will be launched in June this year and will offer users trading with zero commissions. It is called DX Exchange, and at the initial stage, in addition to bitcoin, it will support five other highly liquid assets.
Analysts of the international social trading platform eToro published the results of a study of their user base. Among other things, they found out that the vast majority of crypto traders do not have previous trading experience on stock exchanges, and Ripple is the most "female" of the digital assets.
With the development of the cryptocurrency market, bitcoin may be pressured by altcoins in the same way that VHS videotapes supplanted Betamax in the 1980s.
In recent days, the prices of bitcoin and many other cryptocurrencies have shown some decline. Currently, most digital currencies are in the "red zone". The current market capitalization is $423 billion, the dominance index of the first cryptocurrency is 36.8%.
Last week, the market was dominated mainly by buyers, but the attempt to push the price above the $ 9800 mark again failed.