Bitcoin’s $23,000 price breach lifted the broader altcoin market over the past week. This is evident by the fact that altcoins have risen in tandem with the king coin. However, minor corrections in Bitcoin’s price have also seen altcoins move into red territory. Altcoins like ETC as CRO have been more prone to these corrections,...Read More
Blockchain tracking company WhaleAlerts identified that crypto whales moved 365.7 million XRP in total, in the last 24 hours. Overall, the XRP transaction amounted to $98,162,899. An anonymous whale made the biggest transfer of funds by moving 181 million XRP, worth about $53 million, at the time. On 23 Dec, 18:57 UTC, even Ripple participated...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Consensus dictates that the cryptocurrency market is a bull market right now. And yet, Tezos has fallen by 58% since 13 August. In fact, during the latest price rally in November, the crypto-asset hardly...Read More
Digital asset trust company BitGo announced on 24 December that it has $16 billion in assets under custody (AUC). Industry experts believe this could be because big investors are seeking institutional-grade security for custody. Moreover, BitGo CEO Mike Belshe claimed that the firm was seeing “unprecedented interest” from institutional investors as a result of the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin SV recently registered a drop quite similar to the one witnessed on 25 November, with BSV treading a similar support level too. Although a lot of altcoins are in disarray, some are trending...Read More
The United States has been seeing many crypto-centric businesses come under stricter regulatory scrutiny lately. This was evidenced by the fact that the Treasury Department and other agencies on Wednesday asked the aforementioned firms to tighten protections against money laundering, while on the topic of the recent question of stablecoin regulations. According to a statement...Read More
Bitcoin’s price took a minor hit in the last 24-hours, with the cryptocurrency’s price dipping below $23k briefly, before recovering to trade at $23,162. The aforementioned time period was also evidence of Bitcoin’s influence on the crypto-market, with many altcoins going into a downward spiral following the king coin’s price correction. Source: Santiment Despite the...Read More
Bitcoin’s correction was a drag on the broader market and it saw altcoins like Tron, Waves, and FTX Token move lower on the charts. While Tron and Waves seemed to have been drastically affected by Bitcoin’s movement, FTT’s daily loss was minimal compared to the other two. Tron [TRX] Source: TRON/USD, TradingView Tron’s price has...Read More
News of the SEC lawsuit against Ripple has sent the price of XRP on a downward spiral, with the cryptocurrency falling by over 32% in the last 24 hours alone. Following the same, reactions were quick to come from all corners of the crypto-community, with Ripple CEO Brad Garlinghouse calling the lawsuit ‘illogical,’ claiming that...Read More
After Bitcoin, the world’s largest cryptocurrency, registered a slight correction in its price, altcoins such as Bitcoin Cash, NEM, and Decred followed suit and fell down the charts too. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin Cash’s price registered a lot of volatility in the month of December. At the start of the month, the...Read More
A day after the former chairman of the United States Securities and Exchange Commission, Jay Clayton, stepped down, the watchdog has its new chief in the face of Elad Roisman. Hester Peirce, an SEC Commissioner who’s well-known within the cryptocurrency community for her stance on a potential Bitcoin ETF, broke the news that the Commission...Read More
Bitcoin has been trading above its 2017 ATH for almost a week now and yet, it seems to be showing no signs of heading lower, despite the many attempts by the market’s bears. Interestingly, Bitcoin bears might have to face more bad news since, at the time of writing, it looked like the cryptocurrency’s price...Read More
With Bitcoin’s price undergoing a slight correction on the charts, many of the market’s altcoins were reading red, at the time of writing. In fact, popular altcoins like Chainlink, Cosmos, and Dash saw their prices fall by up to 16 percent in the past 24-hours alone. Chainlink [LINK] Source: LINK/USD, TradingView Chainlink’s performance over the...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s market has been trending lower over the past few days and in light of its correlation with the rest of the market, the altcoin market is dipping too. Ethereum, the world’s second-largest...Read More
Will XRP Price go to Zero or Bounce Back Ripple is currently in dire straits nowadays as the SEC and the crypto market both are going negative for XRP. The SEC had sued Ripple for illegally selling 1.3 billion XRP tokens and with this news outspread in the crypto space, XRP price also touched the...Read More
Among the likes of Litecoin, Steem, and Zcash, LTC seemed to be the only alt holding up as its 2-month returns stood at a staggering 126% at press time, while the rest were in negative territory. With the alt season on its way, these altcoins might see some positive changes in their price soon and...Read More
Former presidential candidate, member of the United States Democratic Party, Andrew Yang, has filed paperwork to run in the upcoming 2021 New York mayoral race. Yang has previously called for more transparent and uniform regulation around cryptocurrency. Andrew Yang to Run for New York City Mayor in 2021 Earlier this year, Yang’s bid to the...Read More
Binance KR, the South Korean wing of crypto-exchange Binance, announced today that it will be closing down. All new registrations and deposits will be closed on 24 December 2020, while withdrawals will close on 29 January 2021. In light of such a development, non-Korean citizens who have BKRW at Binance.com will be able to trade...Read More
The XRP price crash in the last 48 hours has pulled down major altcoins heavily. Almost all the top-10 altcoins have currently entered the consolidation phase. The heavy price plunge in XRP pushed its market value down to $12.16 Billion that is 1.92% of the total cryptocurrency market value. At press time XRP is trading...Read More
Despite a huge spike in the popularity of cryptocurrencies back in 2018, altcoins are not widely accepted as a mode of payment. Most people who buy crypto regard it as an investment opportunity, not as a currency. This explains the huge spikes in prices of BTC and other prominent coins that were later followed by...Read More
Every industry that got into crypto the last around, and we mean both before the huge Bitcoin and Altcoin bull runs and during the 2017 rise, those industries will begin to experience yet another boom. Crypto investors are on top of the world at the moment while swing traders and day traders are making more...Read More
