Ethereum has seen its active addresses count explode by nearly 150% since the start of the year. Its addresses are also massively outperforming Bitcoin’s despite being up by 50% YTD. Ethereum Outperforms BTC In New Active Addresses According to data provided by the blockchain monitoring company Messari, the number of Ethereum active addresses year-to-date has...Read More
With Bitcoin dominance on the decline, altcoins have surged to new highs thus opening up the possibility of another altseason. To be precise, an alt season is part of the market cycle when excessive surges in the price of altcoins against Bitcoin and the fiat currency are noted. This surge in price takes place after a period...Read More
For Cardano, it looks like the highs are continuing. Now occupying the 8th spot on the coin rankings, ahead of major cryptocurrencies like Litecoin and Binance Coin, ADA has a market capitalization of $3.2 billion, less than two weeks ago its market cap was below $2 billion. Looking at the daily-price chart of ADA, there...Read More
Binance Coin least profitable exchange token, OKB most for Q2 Now, it seems like every exchange has issued its own token. From Binance Coin to FTX token, the top-coins on Coinmarketcap are littered with several exchange tokens, many of which have been issued in the past 12-months. As far as their recent performance goes, they...Read More
Litecoin may have slipped below Cardano on the price charts, but digital silver is still pushing higher, at least for now. Taking the 8th spot on the coin ladder, LTC has a market capitalisation of over $2.92 billion ahead of Binance Coin and the new entrant, with its own Twitter emoji, Crypto.com. The short-term 4-hour...Read More
Trading in financial markets can be a profitable but also dangerous endeavor. It requires knowledge, skills, and experience no matter the market traders are employing. Of course, gaining experience could be related to actually registering losses but it could also help to learn from traders with a long history in the field. CryptoPotato recently had...Read More
Poloniex, one of the veteran cryptocurrency exchanges, will be joining the derivatives party. The venue has launched Poloniex Futures – a platform that allows traders to use BTC perpetual swaps with USDT as collateral and up to 100x leverage. Poloniex Joins the Bitcoin Futures Party According to an official release dated July 11th, Poloniex has...Read More
Being the first to do something often counts for a lot. Whether it is Armstrong being the first to step on the moon or Karl Benz manufacturing the first automobile… public memory and perception usually fall back on the first movers. This is the case in the cryptocurrency market as well, an industry where entities...Read More
As it consolidates for almost 40 days, bitcoin stands at $9,271 with a market cap of $170 billion. The top cryptocurrency has seen a 0.35% surge in the last 24 hours and has a 24-hour trading volume of $3.37 billion, making it the second-largest traded asset in the entirety of the crypto ecosystem. Bitcoin 4-hour...Read More
Craig Wright, the man who claims to be Bitcoin inventor Satoshi Nakamoto, says Bitcoin is not and was never intended to be, censorship-resistant. According to Wright, who wrote in a blog post from July 10 titled What is Censorship Resistance, the common assumption that Bitcoin holders are protected from economic censorship is nothing but a...Read More
Attention matters, and in a world of social media and online business, attention matters even more. If you can entice more people to visit your website, chances are you can grow faster. But in this era of massive scaling, there is a difference between fast growth and fake growth, a difference that many cryptocurrency exchanges...Read More
The Bitcoin Gold network reportedly underwent a ‘long-chain attack,’ also known as a 51 percent attack. But the development team claims that it promptly fended off the hostile takeover. The team also supplied mining pools and crypto exchanges with the latest version of BTG Core. Bitcoin Gold Dev Team Thwarts Network Takeover Attempt On Friday,...Read More
Among Ethereum Classic, Tezos, and Monero, only the last coin looks confidently bullish while the other two have been met with resistance. With altcoins surging in the past week or two, there is hope for all the coins to surge higher. Ethereum Classic From the above chart, it is clear that ETC is still respecting...Read More
The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low. Altcoins And DeFi On The Rise The altcoin market indicates several impressive gainers throughout the past 24 hours. Above...Read More
Bitcoin, the world’s premier cryptocurrency, is yet to meet the price expectations many in the community had from it after it underwent its much-anticipated halving in May. While fundamental metrics like the no. of active addresses remain strong, BTC’s price movement has lagged behind. Consider this – over the last two weeks, the cryptocurrency’s value...Read More
Unlike Bitcoin’s stability, the altcoins are celebrating in their own party. Bitcoin dominance recently reached its yearly-low areas after dropping below 62.5% over the past few hours. Wild Move Upcoming? From a technical point of view, Bitcoin’s stability period like this usually ends with a wild move. The indicator we mainly use to measure volatility...Read More
The crypto market has noted unexpected price action in the past week. While Bitcoin continues to struggle to go close to $10K, many altcoins saw their price surge independent of the king coin. Ethereum too reported a strong market sentiment, as its ecosystem saw a lot of growth with a surge in active addresses. However,...Read More
