Coinbase Is Seeing Institutional Deposits of $200 To $400 Million Weekly, CEO Affirms

2019 is certainly a huge year for cryptos. Coinbase, the largest exchange of the U. S., is reaping the profits from that. The CEO of the company, Brian Armstrong, has recently tweeted about how institutional investors are entering the crypto market right now.

According to him, there is an obvious trend, which is that institutions are becoming a part of the crypto world. He affirmed that around a year ago, people were always asking whether we would see institutions really get into Bitcoin and crypto investing. According to him, Coinbase has the answer now.

The company is currently seeing institutional investors depositing from $200 to $400 million USD in assets on the company each week.

Coinbase Is The Largest Crypto Custodian of the World Now

If the crypto markets are changing, you can be sure that Coinbase is prepared for that change. The company has just acquired Xapo, a crypto provider that was one of the largest custodians in the market.

With the acquisition, Coinbase now sits at the top, being the largest crypto custodian in the whole world. At the moment, the company would have at least $7 billion USD worth of cryptos under its management.

Armstrong: The Future Is Bright

Despite the bull run that was started some months becoming calmer in the last few weeks, the future of the crypto market is pretty bright, according to Armstrong. Several institutional investors are finally ready to enter this world and companies such as Bakkt, which will offer BTC futures, will be important in this new phase.

He also hinted that Coinbase is exploring new products and looking at new ways to monetize assets and to improve its business model.

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Author: Gabriel Machado

Patientory (PTOY), The Crypto Worth Less Than A Cent, Can Be Very Profitable In The Future

Many cryptos are all about a promise. Patientory is one of them. The crypto, which was created for a health app, is worth only a cent per PTOY token, but some of its executives believe that the project may be worth millions in the day.

Chrissa McFarlane, the CEO of the company, was recently interviewed by the crypto media outlet Coindesk. According to her, at the moment people are using the token only for small experiments, but she defended that the project may be worth millions in the future.

One of the main goals is to have data from healthcare providers in order to create a big network that will provide all range of health services for users.

At the moment, the project lacks clients, but it has a growing community with several contributors. The project is basically gearing up for a profitable future, its CEO affirms. According to her, the standards for interoperability of the company are getting better and, with time and testing, the network will finally be prepared to empower patients and to finally be profitable.

So far, Patientory was only able to get $12.4 million USD. Most of the money came from the Initial Coin Offering, which was held two years ago, but some came from venture capital later on. Most of the money has been used in the development of the platform and in related events aimed to bring awareness to the project.

Unfortunately, the future of this project is far from certain. While the management is sure that the product is innovative and will bring millions in profit, the truth is that most startups end up dying after a few years.

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Author: Daniel W

CipherTrace: Crypto Scammers Have Netted $4.26 Billion, $3.1 Billion From Exit Scams Alone

Crypto scams are profitable. There is a lot of hype around cryptos and many incautious investors around, so it is not uncommon that crypto crime attracts so many people. CipherTrace’s latest reports have shown that crypto scammers were able to swindle $4.26 billion USD this year.

While less money was stolen in the second quarter than in the first one, the numbers are still very worrisome. Exchanges lost $356 million in the first quarter and $125 million in the second one.

Exit scams, however, are the biggest winner when it comes to taking a lot of money. These scams alone were able to steal $3.1 billion USD from investors, more than half of all the money stolen.

What is actually considered an exit scam, however, is debatable. Quadriga CX, the exchange whose CEO took its money to the grave, is considered in contributing $195 million to the exit scam list, for instance.

The major winner, however, is certainly Plus Token. The scam was able to steal $2.9 million USD from investors using a pyramid scheme. Alone, this scam was responsible for two-thirds of the stolen funds.

CipherTrace’s research also indicated that Bitcoin is still the token most used by criminals, despite the popularity of Monero. In most scams involving ransomware and the dark web are mostly related to BTC. This correlates with the high dominance that BTC has in the market right now, of over 70%. Monero is still widely used in cryptojacking activities, though.

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Author: Lillian Peter

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 31

Bitcoin Hits 15-Months High, $10,000 BTC/USD Exchange Rate Value is Next Stop
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level.
  • The BTC price is trading at $10,100 as at the time of writing.

BTC/USD Medium-term Trend: Ranging

  • Resistance Levels: $10,000, $10, 200 ¸ $10,400
  • Support levels: $9,000, $8,800, $8, 600

Yesterday, July 30, the BTC price was in a bullish trend as it broke the 12-day EMA and it is approaching the 26-day EMA. The support level of $9,000 was tested as the bulls made an upward move and broke the 12-day EMA.

The BTC price is trading at $10,100 as at the time of writing. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the BTC price is in a bullish trend. The crypto’s price is making a series of higher highs and higher lows. The BTC price is expected to rise because it is above the 12-day EMA and 26-day EMA.

Meanwhile, the MACD line and the signal line are below the zero line which indicates is a buy signal. The BTC price has risen and it is facing resistance at the $10,100 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Bitcoin’s price is $10,051.90 BTC/USD exchange rate today. The real-time BTC market cap of $179.42 Billion currently ranks #1 with a chart dominance at 64.73%, daily trading volume of $5.64 Billion and live coin value change of BTC 4.87 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez Mustapha

DASH Price Prediction Today: Daily (DASH) Value Forecast – July 26

DASH-Soars-by-32-4-as-Protocol-Update-Looms
  • On the upside, if the bulls break the EMAs, the crypto’s price will rise and retest the $180 resistance level.
  • On the downside, if the bearish pressure continues, the crypto’s price will fall either to the $90 or $100 price level.

DASH/USD Medium-term Trend: Bullish

  • Resistance Levels: $160, $170, $180
  • Support levels: $110, $100, $ 120

Yesterday, July 25, the price of DASH was in a range bound move below the 12-day EMA the 26-day EMA. Before this time, the DASH market had been on a downward correction after the resistance at the $180 price level. On July 16, the downtrend was corrected at the $100 price level. At the $100 support level, the bulls made an upward move to break above the EMAs but were resisted.

On the upside, if the bulls break the EMAs, the crypto’s price will rise and retest the $180 resistance level. On the downside, if the bearish pressure continues, the crypto’s price will fall either to the $90 or $100 price level. Meanwhile, the DASH market is at the oversold territory of the daily stochastic but above the 20% range. This means that price is in a bullish momentum and a buy signal.

DASH/USD Short-term Trend: Bullish

On the 1-hour chart, the DASH price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward. The crypto’s price is above the EMAs indicating the price is likely to rise .The price of Dash is characterized by small body candlesticks which describe indecision between the buyers and the sellers at the current market price.

Nevertheless, the DASH market has reached the overbought region but above the 80% range of the daily stochastic indicator. This indicates that the DASH price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

EOS Price Prediction Today: Daily (EOS) Value Forecast – July 22

Could the Next EOS Announcement by Block.One Be for A #B1 Social Network of Their Own?
  • On the upside, if the $3.60 support level holds, the crypto’s price will rise and break above the EMAs.
  • The price of EOS has reached the oversold region of the market as the buyers emerged from  a low of $3.30 price level.

EOS/USD Medium-term Trend: Bearish

  • Resistance levels: $ 6.50, $7.00, $7.50.
  • Support levels: $5.00, $4.50, $4.00.

Last week the price of EOS was in a bearish trend. The price of EOS has reached the oversold region of the market as the buyers emerged from  a low of $3.30 price level. The EOS market fell to the previous low of March 8. Yesterday, the market fell to the low of $3.60 price level and the support is holding.

On the the downside, if the bears break the $3.60 support level, the coin will further depreciate to a low at $3.0 price level. Meanwhile, the price of the EOS market is in the oversold region of the daily stochastic but above 40% range. This indicates that price is in a bullish momentum and a buy signal.

EOS/USD Short-term Trend: Bullish

On the 1-hour chart, the price of EOS is in a bearish trend. The 12-day EMA and the 26-day EMA are sloping southwardly. On July 16, the bears broke the EMAs and price fell to a low at $3.60 price level.

The $3.60 support level was holding as the bulls made an upward move above the EMAs. Meanwhile, the price of the EOS market is in the overbought region of the daily stochastic but below 20% range. This indicates that price is in a bearish momentum and a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 20

  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level.
  • On the other hand, if the bulls fail to break above the EMAs,  the crypto’s price  will commence a range bound move below the EMAs

BTC/USD Long-term Trend: Ranging

Resistance  $10,500, $11,000, $11,500
Support levels: $10,000, $9,500, $9,000

The BTC/USD pair had been trading in the bearish trend zone after facing resistance at the $13,000 overhead resistance level. On July 10, the BTC price reached a high of $13,000 but was resisted. The bears broke the 12-day EMA and the 26-day EMA as the price fell to the bearish trend zone. In the previous resistances, the price fell within the bullish trend zone. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level.

On the other hand, if the bulls fail to break above the EMAs.  the crypto’s price  will commence a range bound move below the EMAs,Meanwhile, the MACD line, and the signal line are above the zero line which indicates a buy signal.

Bitcoin’s price is $10,998.86 BTC/USD exchange rate today. The real-time BTC market cap of $196.09 Billion currently ranks #1 with a chart dominance at 65.18%, daily trading volume of $6.99 Billion and live coin value change of BTC 4.70 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 19

Bitcoin Hits 15-Months High, $10,000 BTC/USD Exchange Rate Value is Next Stop
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise and resume its bullish trend.
  • The BTC price had been hovering above the $9,400 price level in the last three days.

BTC/USD Medium-term Trend: Bearish

  • Resistance Levels: $10,000, $10, 200 ¸ $10,400
  • Support levels: $9,000, $8,800, $8, 600

Yesterday, July 18, the price of Bitcoin was in a bullish trend. The BTC price had been hovering above the $9,400 price level in the last three days. The market made an upward move to break above the 12-day EMA and the 26-day EMA but was resisted at the 26-day EMA. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and resume its bullish trend.

It is most likely the bulls will retest the $13,000 resistance level. However, if the bulls fail to break above the EMAs, the BTC market will continue its range bound move above the $9,400 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the BTC price has resumed its upward move above the EMA. The 12-day EMA and the 26-day EMA are pointing northward indicating that price is rising. The BTC market has earlier fallen to the lows of $9,200 and $9,400 on July 17 and 18 respectively before breaking above the EMAs.

In the bullish trend zone, the market reached $10, 800 price level but was resisted. The price has fallen and it is trading below the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

Bitcoin’s price is $10,518.50 BTC/USD exchange rate today. The real-time BTC market cap of $187.5 Billion currently ranks #1 with a chart dominance at 65.64%, daily trading volume of $8.23 Billion and live coin value change of BTC -1.45 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

XRP Price Prediction Today: Daily (XRP) Value Forecast – July 18

Ripple Price Analysis: Fundamentals Are Bullish, XRP Drops To 40 Cents in a Retest
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.
  • The XRP market reached its low at the $0.28 price level.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.44, $0.46, $ 0.48
  • Support Levels: $0.31, $0.29, $0.27

Yesterday, July 17, XRP price was in a bullish trend. The XRP market reached its low at the $0.28 price level. Also, the coin reached the oversold region of the market and buyers are emerging. The bulls have made an upward move towards the EMAs. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.

As the market is set for an upward move, traders are expected to buy low and sell high. Similarly, traders should look out to buy setups to initiate long trades in anticipation of a bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The 12-day EMA and the 26-day EMA are pointing northward. The bulls have broken above the EMAs to reach the bullish trend zone.

The XRP price has risen from its low at $0.29 to the $0.32 price level. If the bulls sustain the price above the EMAs, the crypto’s price will rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. signal.

XRP’s price is $0.32 XRP/USD exchange rate today. The real-time XRP market cap of $13.8 Billion currently ranks #3 with , daily trading volume of $444.54 Million and live coin value change of XRP 3.07 in the last 24 hours.

Latest Ripple Industry News and XRP Coin Analysis Updates

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez Mustapha

Bitcoin Cash Price Prediction Today: Daily (BCH) Value Forecast – July 17

BitcoinXT-Bashes-Bitcoin-Cash-BCH-Governance-And-Abandons-Hard-Upcoming-Fork
  • The crypto’s price fell to the support of $280 price level and commenced a range bound move below the EMAs.
  • The coin continues its range-bound move below the EMAs and above the $400 price level until they were resisted on July 10.

BCH /USD Medium-term Trend: Ranging

  • Resistance Levels: $480, $500, $520
  • Support Levels: $300, $290, $280

Yesterday, July 16, the price of Bitcoin Cash was in a range bound move below the 12-day EMA and the 26-day EMA. The BCH had been on a downward correction.
On June 27, the bulls were resisted at the $480 price level. The first downward correction was below the EMAs but above the $400 price level on June 27.

The coin continues its range-bound move below the EMAs and above the $400 price level until they were resisted on July 10. The crypto’s price fell to the support of $280 price level and commenced a range bound move below the EMAs.

After the range-bound move, the crypto’s price is likely to depreciate or break above the EMAs. Meanwhile, the BCH market is in the oversold region of the daily stochastic but above the 20% range. This indicates that price is in a bullish momentum and buy signal.

BCH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of BCH is in a bullish trend. The 12-day EMA and the 26-day EMA are sloping southwardly indicating that price is falling. The crypto’s price fell to the $270 support level and commenced a bullish move above the EMAs. Meanwhile, the BCH market is in the overbought region of the daily stochastic but above the 80% range. This indicates that price is in a bullish momentum and buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha