The Ethereum Classic (ETC) blockchain was subject to some rearrangement on August 1, as 3,693 of its blocks were “reorged” in what was first thought to be a 51% attack. The reorganization caused a chain split, which saw one miner process all the blocks over a period of 12 hours. Upon further investigation, the reorganization...Read More
Over the past week, the crypto-market seemed to gain a new lease of life after the world’s largest cryptocurrency, Bitcoin, went past its crucial resistance at $11k. In fact, 2020 has proved to be, in more ways than one, a key year for digital assets, including Bitcoin. However, as more users find cryptocurrencies and digital...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Towards the end of July, XRP’s price action seemed to come across strong bullish momentum on the charts. While the second quarter of 2020 wasn’t very promising for XRP, something evidenced by the crypto dropping a place...Read More
Disclaimer: The findings of the following article attempt to analyze the evolving trends in the long-term Litecoin market and its impact on the crypto’s price Litecoin has been noting significant gains on the charts recently, with LTC’s market cap boasting strong growth as well. In fact, according to CoinMarketCap, Litecoin’s market cap of $3.89 billion...Read More
The veteran US-based cryptocurrency exchange Coinbase is looking into adding 19 new digital assets onto its platform. Interestingly, the majority of the coins are representatives of the ongoing DeFi trend. Coinbase Considers 19 New Coins The largest digital asset exchange based in the US announced yesterday that it’s currently evaluating 19 new additions to its...Read More
Bitcoin’s push over $10,000 was long-awaited. After nearly three months of trading flat, Bitcoin jumped out of its most stagnant trading period since March 2019 with an ascent over $10,000. Now, it looks like this move has awakened a sleeping giant that was waiting to pounce on a bullish market. According to a recent report...Read More
Bitcoin‘s price broke out of its stagnant market trend and surpassed its immediate resistance at $10k a few days back. Since then, BTC hasn’t looked back, with the value of the cryptocurrency surging to breach its resistance at $11,400 while reporting a 2020 peak of $11,600. At press time, the world’s largest cryptocurrency had managed...Read More
XRP saw a strong 9.5% surge today as it reached as high as $0.27. This price increase caused XRP to create a fresh 5-month high. Against Bitcoin, XRP is recovering as it finally managed to break above the 100-days EMA at 2200 SAT. XRP/USD: XRP Bulls Reach Fresh 5-Month Highs Key Support Levels: $0.255, $0.245,...Read More
Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance. In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own. Bitcoin’s Highest Monthly Close Since Dec 2017 There’s currently no...Read More
As is often the case, Bitcoin’s latest price hike had a profound effect on the rest of the crypto-market, with many altcoins following BTC’s lead and recording gains of their own. At press time, BTC was priced at $11,639 with a 24-hour trading volume of $25.4 billion. Source: Coinstats However, the impact of the world’s...Read More
Bitcoin has not looked back since it surged over $10,000 almost a week ago. Trading at close to $11,500 a pop, the cryptocurrency’s highest price since September 2019, the market is rife with immense trading activity. Thus the question arises – is it likely to sustain? While some would say that this rise from $9,500...Read More
After months of apprehension, the crypto-market finally seems to be taking flight after Bitcoin surged over the past week, a surge that was replicated by most of the market’s altcoins. Owing to the world’s largest cryptocurrency correlation stats, the rest of the market profited off its gains. However, not all altcoins shared in this joy...Read More
Central bank digital currency (CBDC) fever appears to be heating up across the APAC region as The Philippines announces plans to study the possibility of issuing its own sovereign virtual “coin.” Committee to Study Modalities for Possible CBDC Issuance According to a report by Bloomberg on Wednesday (July 29, 2020), the Bangko Sentral ng Pilipinas...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 registered significant gains over the last 7 days. In fact, the fork coin has seen its trading price appreciate by over 33 percent since 25 July. This was an interesting development...Read More
Over the past 10 days, Bitcoin, the world’s largest cryptocurrency, seems to have reasserted its dominance on the market again. Not only did Bitcoin maintain its price level above its previous resistance, but its surge had a corresponding effect on the prices of the market’s altcoins. While not all altcoins appreciated on the back of...Read More
Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level. Bitcoin Rejoice At A New Yearly High Bitcoin’s first days in July were rather dull as it traded sideways in a tight...Read More
Today is the first day of August, and this means that a few hours ago, the monthly candle of July closed. A surprising fact is that only once in its history, Bitcoin had recorded a monthly close higher than yesterday’s – and that was during December 2017 – the peak of the bubble. After two...Read More
A collaboration between the famous actor William Shatner and the DLT project WAX has sold 125,000 blockchain-based non-fungible token cards containing digital photographs of the actor’s memorabilia in less than ten minutes. William Shatner Sells Blockchain-based NFTs Born in 1931, Shatners has been an active actor for nearly 70 years. The Canadian entertainer, who is...Read More
