July 26, 2020

Bitcoin short-term price analysis: 26 July

Bitcoin has recently concluded one of its best trading weeks of the past three months with a move over $10,000. Since the beginning of the week, the premier cryptocurrency has seen a 6.5 percent price increase which has taken it past $9,600 and then past the five-figure mark after a month of trading in a...
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Cardano long-term price analysis: 26 July

Cardano has been the most dominant altcoin in the market since it recouped 100 percent of its lost price in June. At press time, it is posting a double-digit 24-hour price gain, the highest among the top-10 and occupies the 6th spot on the coin ladder, with a market capitalization of $3.83 billion, ahead of...
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Decoupling: Bitcoin Spikes 8% Despite Nasdaq’s Horrible Week

Bitcoin used to show a higher correlation to the stock markets, especially amid the lowest point of the pandemic. However, it has taken a different route during the last few days. Bitcoin-S&P 500 Correlation Departs from ATH Typically, Bitcoin is regarded as an independent asset that often acts as a safe haven. Its fundamentals are...
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Litecoin short-term price analysis: 26 July

Disclaimer: The findings of the following article attempt to analyze the short-term trends forming in the Litecoin market and its impact on the price. Litecoin’s price rise has been nothing short of expected and unexpected. Expected because being digital silver to digital gold, the cryptocurrency was bound to see an anchor-effect of a Bitcoin rise....
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Tezos, Chainlink, XRP Price Analysis: 26 July

The last few days have seen the crypto-market note a trend reversal of sorts. While most large-cap cryptos like Bitcoin and XRP finally saw some price movement that pushed these cryptos up the charts, few of the past few months’ best-performing cryptos like Chainlink and Tezos registered corrections. The latter’s movement was especially interesting since...
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Bitcoin: Why Finland is the biggest recipient of funds coming from criminal sources

Since its inception, Bitcoin has been the most popular payment tool among criminals operating in the markets of the darknet. Even today, with mainstream attention, global regulation, and billions in daily traded volume, the use of the decentralized, censorship-resistant, and universal cryptocurrency has not waned, but its sourcing has changed, which can open up a...
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Report: Cryptojacking Attacks in Mexico On The Rise

A recent report revealed that while 70% of organizations based in Mexico utilize cloud services, their networks are alarmingly exposed to external threats. Local companies have particularly complained that the number of cryptojacking cases has increased in the past year. Cryptojacking Rises In Mexico The so-called cryptojacking term relates to cases when an attacker gains...
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The answer to ‘What is XRP?’ may decide its crypto-custody future

The crypto-community has been in a buoyant mood over the past few days owing to a recent decision taken by the United States’ Office of the Comptroller of Currency. The decision, encapsulated in an interpretive letter the OCC sent to an unnamed bank, stated that nationally chartered banks and savings institutions may now offer crypto-custody...
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Bitcoin: Don’t believe everything crypto-indexes tell you

Narratives are important. They underline not only the credibility of a certain market, but they also shape the direction such an industry will be taking. However, narratives often have a tendency to be fudged, exaggerated, and sometimes, be false. This cannot be truer for the cryptocurrency market, a sector that has often struggled to dissociate...
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Ethereum Price Analysis: $300 Broken, What’s The Next Target For ETH?

Ethereum saw a massive price increase over the past 24 hours, which allowed it to push above the $300 level. The cryptocurrency continued to drive upward from $300 today as it reached as high as $320 before dropping. Against Bitcoin, Ethereum created a fresh 2020 high as it reached 0.0317 BTC. ETH/USD: Break Above $300...
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Bitcoin in the darknet: Darker than you think

Bitcoin’s darknet ambitions have changed since Silk Road During its early days, before Bitcoin became “fool’s gold” for get-rich-quick investors, it was used as the main currency on the darknet. Think of the darknet as the space under your bed, dirty, desolate; barely acknowledged, never cleaned. The only time you come in contact with it...
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Binance and Helping Harry Return Stolen Crypto Worth $10K to Victim

Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user. Fake MetaMask and Uniswap UI Used for Stealing Crypto In his latest blog article, Harry...
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EOS, BAT, Ethereum Classic Price Analysis: 26 July

EOS and Ethereum Classic were among the altcoins to profit from the appreciation in Bitcoin’s price a few days ago, a development that came on the heels of U.S regulators giving the green-light to national banks with respect to crypto-custody services. However, not all alts followed the lead, with some like Basic Attention Token refusing...
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Bitcoin bursts past $10,000, marking coin’s first big-move since halving

Bitcoin surged past $10,000 for the first time in over two months marking the cryptocurrency’s big-move since its halving. Since early-May 2020, amid economic strife, the cryptocurrency was locked in a tight-channel, trading between $8,800 and $9,500 with no hints of a move above or below, until today.  At 0500 UTC Bitcoin began its move...
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The Return of the King: Bitcoin Price Back Above $10,000

It appears to be obvious that the boring days of Bitcoin trading are over. The cryptocurrency went on a spree over the past week, gaining more than 10% and breaking the coveted $10,000 mark for the first time since June. Bitcoin Price Does it Again: Over $10,000 The past couple of weeks were fairly boring...
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Dash, Dogecoin, Bitcoin SV Price Analysis: 26 July

Despite more and more people predicting that an altseason might be on the horizon, Bitcoin continues to be the market’s most dominant cryptocurrency with a share of over 60%. In fact, Bitcoin catalyzed the crypto-market over the last few days by noting a significant hike after the OCC announced that nationally chartered banks in the...
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Ethereum Surpassing $300 As Bitcoin’s Dominance Records Yearly Low

Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low. Altcoins On The Rise...
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Bitcoin (BTC) $ 96,845.95 2.13%
Ethereum (ETH) $ 3,287.62 5.00%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 249.50 4.50%
BNB (BNB) $ 618.42 0.47%
XRP (XRP) $ 1.11 1.67%
Dogecoin (DOGE) $ 0.381822 2.69%
USDC (USDC) $ 1.00 0.08%
Lido Staked Ether (STETH) $ 3,291.81 5.02%
Cardano (ADA) $ 0.780368 6.98%