Cryptocurrencies have tried to accomplish quite a lot in the last ten years. This is evident, particularly in the case of the world’s largest and oldest cryptocurrency, Bitcoin. From being positioned as a decentralized form of cash that rivals traditional fiat to being considered as a robust store of value that gives gold a run...Read More
The cryptocurrency market has been stuck in a rut for quite some time now, with most of its major cryptos choosing to consolidate their positions. In fact, Bitcoin, the world’s largest cryptocurrency, has been noting a kangaroo market of sorts, one wherein it has been jumping between its immediate resistance and support. This trend in...Read More
Disclaimer: The findings of the following article attempt to analyze the long-term trends forming in the Litecoin market and its impact on the price The cryptocurrency market has been struggling under a lot of pressure lately, a development that has inhibited its growth. Such downward pressure was shared by many of the market’s cryptos like...Read More
The space of Decentralized Finance (DeFi) is undoubtedly where all eyes are right now. The value locked in lending protocol continues to surge, and it shows absolutely no signs of slowing down. Every day is riddled with exciting events. Today, one of the recently launched DeFi tokens, YFI, brings returns upwards of 35,000% to those...Read More
Disclaimer: The findings of the following analysis attempt to foresee Bitcoin Cash’s price movements until the second week of August Bitcoin Cash’s price has continued to find it very difficult to go past its 12 March price levels. Over the course of the past few months, BCH’s price has continued to bounce between $215 and...Read More
Stablecoins have become the “staple food” of the cryptocurrency industry as they make the on/off-ramp easier and faster. Hence, stablecoins play a vital role in understanding the health of the cryptocurrency ecosystem. This article takes a look at the stablecoin market over the last 5 months and tries to understand the changes, be it an...Read More
Rich Dad, Poor Dad author Robert Kiyosaki doubled-down on his vision that Bitcoin has the same role among young people as gold has among the elderly. He also noted that BTC and precious metals “make people smarter, richer, and stronger against Fed.” Bitcoin Will Make You Smarter And Richer: Kiyosaki The author of the New...Read More
The prevailing market is a perfect training ground. While some assets are fairing very well, others are not. With the current and foreseeable economic outlook fairly weak, some macroeconomic assets are proving their worth and adhering to prevailing narratives. Gold, the age-old safe-haven and once the economic standard for the world, is certainly behaving as...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Over the past 7 days, XRP‘s value has registered over 10 percent in growth. However, the past few months haven’t been particularly inspiring for XRP’s price action, especially after having lost out to Tether in terms of...Read More
With respect to public perception, cryptocurrencies still occupy a grey area. While the use-cases of cryptocurrencies like Bitcoin have been made evident over the past decade, there is still quite a bit of skepticism in the minds of individuals who aren’t entirely familiar with how cryptocurrencies operate. The asset class’s sensationalized association with bad actors...Read More
According to many in the crypto-market, the altseason may be soon upon us. That may be the case, however, the fortunes of these altcoins continue to be tied at the hip with that of Bitcoin. The latest price hike in the latter’s value was a case in point, with cryptocurrencies like Tron and Zcash climbing....Read More
Switzerland-based digital asset service company Bitcoin Suisse has successfully raised nearly $50 million in a Series A financing round. The company plans to utilize the funds to enhance its staking services and custodial solutions before initiating an STO. Bitcoin Suisse Raises $50M As CryptoPotato reported in May, Bitcoin Suisse AG planned to hold new funding...Read More
Bitcoin trading is not for the faint of heart. Traders in the cryptocurrency market have to contend with $1,000 hourly movements, while negotiating an array of exchanges to arbitrage, many of which pump fake volumes and have individual premiums and can employ leverages in triple-digits, opening the floodgates for liquidations. Given the above backdrop, the...Read More
Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards. At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce. Gains In The...Read More
Despite the fact that the market’s altcoins have done well lately, the fact of the matter is that Bitcoin, the world’s largest cryptocurrency, continues to hold a market share of over 60%, a share owing to which it has high correlation indices with the rest of the market. However, the effect of BTC’s movement, especially...Read More
The cryptocurrency industry has been about creating a new world of finance, one where people are in charge of their own money. Here, Bitcoin was supposed to be the alternative to the financial system, however, in time, it has become more reliant on “crypto-banks.”In fact, according to Matthew Black, CTO at Atomic Loans, most activities...Read More
Quick recap: after almost a month of dull price action around the $9200 mark, Bitcoin finally managed to break out. Last Tuesday, we saw a mini-rally in BTC, while the price went up to the next marked resistance at the descending yellow line (shown on both charts below), which is also the $9650 resistance –...Read More
The altcoins market’s recent price movement may lead many people to believe that an altseason is indeed on its way. However, despite such hopes, the effect of Bitcoin’s price fortunes continues to be profound. The last few days were a reflection of that, with the rest of the market taking Bitcoin’s lead to record significant...Read More
