Bulls haven’t stepped in since the price of cryptocurrencies crashed by 10% across the board on Wednesday. Ethereum, as of the time of writing this article, is trading at $256 — just over 11% below the high of $288 seen just last week. While the drop sustained on Wednesday was already brutal in and of...Read More
Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market...Read More
Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls...Read More
As Bitcoin has collapsed over the past day, so too has Ripple’s XRP. Since peaking at around $0.34 last week on the back of FOMO buying, the popular altcoin, the third-largest cryptocurrency by market capitalization, has plunged as low as $0.26 — a drop of around 25%. Ouch. While the cryptocurrency has already plunged heavy,...Read More
Bitcoin didn’t fare too well on Wednesday. After recovering 8.4% to $10,300 after a 10% retracement to $9,500, bears returned to brutalize bulls. In the span of a few hours time, the price of BTC tanked off a cliff, falling as low as $9,250 on some exchanges, shocking the entire industry in the process. In...Read More
Ethereum’s recent price action has been closely tied to that of Bitcoin in the time since it faced a rejection at its recent highs of $290, with its inability to further extend its parabolic uptrend signaling that bulls may not be as strong as they were previously thought to be. Further adding to this bearishness...Read More
On Tuesday, the crypto market mounted a strong recovery, with the prices of Bitcoin, Ethereum (ETH), and other digital assets strongly bouncing off the weekend lows. At Tuesday’s local peak, BTC was trading 8.4% higher than the weekend low of $9,500. And Ethereum had rallied some 20 or so percent from the weekend low. While...Read More
According to a tweet from the CEO of Binance, Changpeng Zhao, the well-known cryptocurrency exchange has suddenly paused its trading due to what is being called “unscheduled maintenance.” The tweet did not explain much more than that, but Binance has been facing issues for the past few weeks, infuriating their users. Due to the nature...Read More
Bitcoin has found some notable stability above $10,000 following yesterday’s massive rally that allowed BTC to surmount the resistance it was facing between $9,600 and $10,000. Its recent bounce does suggest that bulls have some significant strength. The course of its recent uptrend has also allowed the cryptocurrency to build some technical strength, and analysts...Read More
With the crypto-market’s attention presently focused on price movement, many fundamental metrics have undergone critical changes over the past month or so. According to skew analytics, WBTC has been at the head of a crucial development in the ecosystem since 19 January. WBTC, or Wrapped Bitcoin, is an ERC20 token based on Ethereum which is...Read More
Over the past four days, Ethereum has recorded significant price volatility. After registering a significant dump of around 18 percent over 15-16 February, the market’s 2nd largest crypto-asset jumped right back above the $270 mark. Over the past 24 hours, Ethereum had recorded a positive turn around of 8.01 percent, with a market cap of...Read More
The golden cross which took place recently didn’t immediately project the violent pump expected by the market, though there might still be hope for ETH yet. According to CoinMarketCap, Ethereum has a market capitalization of over $27.12 billion, with over $26.82 billion worth of ETH traded in the last 24 hours. Ethereum 1-hour chart Source:...Read More
The uptrend seen by the aggregated crypto market throughout January began altering into a full-blown “altseason” in early February, when Bitcoin’s break above $10,000 allowing multiple cryptos including Ethereum, Chainlink, and Tezos to see massive rallies. Now, analysts are noting that Tezos could be gearing up for a massive movement towards its all-time highs, with...Read More
Bitcoin and the aggregated crypto markets have seen some turbulence over the past couple of days, with bears gaining firm control over the entire market after BTC broke below $10,000 this past weekend. Analysts are now noting that things may not be as bearish as they seem, as Bitcoin has been able to bounce at...Read More
Cryptocurrencies have become one of the most popular trends over the past years. And the subject continues to attract the attention of both ordinary enthusiasts and those who want to capitalize on it. What should a beginner know to earn enough money to pay off all the loans? How can even an ordinary student make...Read More
Bitcoin has been caught within intense turbulence over the past several day and weeks, with its recent price action being primarily bear-favoring as the cryptocurrency struggles to gain any notable upwards momentum after falling below its key support level at $10,000. In the near-term, despite the overt bearishness of the price action seen over the...Read More
Ethereum’s recent rally up to highs of $290 has resulted in a major retrace, with the cryptocurrency’s inability to sustain its recent parabolic gains showing that its ongoing downtrend may cut significantly deeper before it finds any notable support. In the near-term, analysts are expecting the cryptocurrency to see some notable upwards momentum after it...Read More
Ethereum aka the World Computer’s migration to the Proof-of-Stake (PoS) from Proof-of-Work (PoW) chain is taking longer than previously anticipated. It’s obvious considering how huge the network has grown. However, the migration hasn’t been going swiftly; several EIPs have been proposed to improve this. Published 5 days ago, EIP 2515 is trying to squash the...Read More
Bitcoin’s insane 2020 uptrend has allowed the benchmark cryptocurrency to rally from lows of $6,800 to highs of $10,500. Although these gains are nothing to scoff at, this bullishness has spilled over into the altcoin markets, allowing some other cryptos to significantly outperform BTC. Some of the altcoins that have outperformed Bitcoin include Ethereum, Tezos,...Read More
Bitcoin saw a notable selloff this morning that sent it reeling below its key support at $10,000, which instantly led major altcoins like Ethereum to similarly see major pullbacks. In the case of ETH, this selloff has sent it down to a key near-term support level, and if this breaks, analysts are noting that the...Read More
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year’s fourth quarter. The bank is regarded as one of the cryptocurrency-friendly traditional banking establishments. Last year, BTG started utilizing the Ethereum and Tezos blockchain networks for security token offerings. BTG’s Net Income On...Read More
13 February saw the market take a nosedive as Bitcoin’s price fell under $10,500 after surging for a few hours. This 3.63% fall within hours, resulted in the fall of altcoins, especially the highly-correlated asset to Bitcoin, Ethereum. Ethereum observed a 5.31% fall within 3 hours, pulling the price of the second-largest crypto-asset to $258.79....Read More
XRP has been one of the best performing major cryptocurrencies over the past several days, with its recent rally past $0.30 allowing it to form a highly bullish market structure that is likely to lead it significantly higher in the near-term. Analysts are now noting that a break above $0.33 could be imminent, potentially allowing...Read More
Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency below $10,000. Bulls have been able to...Read More
Bitcoin’s price, at press time, was $10,144. And while the king coin’s price has dipped significantly over the past few hours, Bitcoin’s surge over $10,300 was the world’s largest cryptocurrency’s biggest rally in 2020. In fact, Bitcoin breached the much-anticipated $10k level twice this week after a significant pullback. Today, Bitcoin is seen by many...Read More
The past week has been noteworthy for most crypto-assets, with a majority of them recording significant gains. The world’s largest crypto-asset, Bitcoin, surged by over 9% over the past week, while most other altcoins in the top 10 registered double-digit growth. Ethereum and other smaller-cap assets have been outperforming Bitcoin too, with the second-largest coin...Read More
When the concept of a stablecoin was first introduced, it took the cryptocurrency industry by storm. Trading moved faster, liquidity rose, and markets became more efficient. Further, the introduction of stablecoins enabled users to make cryptocurrency payments without the risk of volatility. Though stablecoins have changed the way crypto-markets work, a number of controversies surrounding...Read More
Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply...Read More
Ethereum has been caught within what can be characterized as a “moonshot” rally over the past several days and weeks, with its intense bullishness being even further bolstered by Bitcoin’s rapid rise past $10,000. This intense upwards rally has allowed Ethereum to be one of the top performing cryptocurrencies over the past several days, and...Read More
Bitcoin’s intense 2020 rally is showing no signs of slowing down, with yesterday’s dip from highs of $10,200 to lows of $9,700 being met with an abundance of buying pressure that has now led its price to rally up to fresh 2020 highs. This momentum, which comes just months before the crypto’s highly anticipated mining...Read More
