For Bitcoin, the days that followed Christmas 2020 have been extraordinary. Since 26 December, Bitcoin has shot up by 40.74% on the price charts. One can argue that the cryptocurrency brushing past the psychological resistance levels at $25k, $30k, and climbing as high as $34.8k is a testament to the strength in Bitcoin’s bull rally....Read More
Bitcoin Cash and Polkadot were extremely bullish on the charts as they climbed past levels of resistance with ease. Bitcoin Cash surged on the back of Bitcoin and Ethereum’s performances and it looked likely to rise past the $460-level. Polkadot doubled in value over the past week and could climb as high as $11.5 in...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’s market bulls have halted their surge upwards, but the altcoin market is continuing to register a staggering appreciation in value and price. Tezos [XTZ], ranked 20th on CoinMarketCap’s list due to a market...Read More
Stellar Lumens formed a double bottom on the charts and reversed the downtrend it had previously been on as it looked to flip the $0.145-level to support. Algorand and Maker also had a bullish outlook as they broke above crucial levels of resistance. Stellar Lumens [XLM] Source: XLM/USD on TradingView The downtrend for XLM since...Read More
Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and could lose the $0.2-level of support, while Decred was bullish on the price charts and could see a...Read More
Tron saw the tides shift in favor of the bulls as it rose above a level of resistance and sought to flip it to support. VeChain continued to post gains but the beginnings of a bearish divergence between price and momentum were witnessed. Cosmos formed a V-top pattern and recent bearish pressure could cause the...Read More
XRP saw a bounce to $0.24 but slid back downward, while Monero would seek to not lose the $130 and $140 levels to the bears. Dogecoin was wildly bullish on the charts as it shot past $0.01 to reach $0.0139. XRP Source: XRP/USD on TradingView XRP saw a dead cat bounce off the $0.17 level...Read More
Bitcoin cash, the fork of a fork has held up on its own for most of 2020. With the start of a new year, BCH seems to be doing the same. It is continuing its multi-year trend and playing it safe. This article takes a look at Bitcoin Cash in both short and long-term time...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The Bitcoin SV market has been highly correlated with the Bitcoin market and the current price has been moving in accordance with Bitcoin. Although the market did not mirror the exact rally in the...Read More
Binance Coin was bullish in the market as it sought to rise past the $40 mark, a feat it could achieve in the coming days. Bearish news for Dash saw the price plunge, while Ethereum Classic rose toward a region of supply. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin saw some sideways trading...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The rallying Bitcoin market has been driving prices of the altcoins. Binance Coin has been among the top altcoins in the crypto market and it has been noting a sharp rise in its price....Read More
Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was trading at $139.57, right atop the $139 level of resistance it was...Read More
The Bitcoin market is roaring with an all-time high at over $34k and the remaining altcoin market has been following its lead. Interestingly, Chainlink has not been witnessing the same momentum in its market. Despite the grand rally in the BTC market, the price of LINK has been moving with a reduced momentum. At the time...Read More
In sync with Bitcoin’s price movement, Litecoin also noted a strong uptrend in the past few days. The coin has been able to secure an 11 percent price hike in the past 24-hours as Bitcoin surged past key levels of resistance around the $33,000 price level. At press time, Litecoin was being traded at $140,...Read More
Ethereum was strongly bullish on the charts as the dip to $700 never came, but instead, a boost to $789 was noted on the charts. Stellar Lumens slumped in the face of sellers, while FTX Token also surged and was trading at $6.38. Ethereum [ETH] Sorry: ETH/USD on TradingView Ethereum had a strongly bullish outlook...Read More
Over the past six days, Polkadot [DOT] appreciated by 82% from $5.2 to post a high at $9.51 and at the time of writing was trading at $8.52. It held the sixth rank on CMC with a market capitalization of $7.58 billion. DOT 4-4our chart Source: DOT/USDT on TradingView The 4-hour chart showed the extraordinary...Read More
Binance Coin had neutral short-term momentum but could sink to $36 over the next few hours and retrace some gains from recent weeks. Tron labored under long-term selling pressure and was likely to sink to the $0.0258 level of support within the next three days, while Basic Attention Token also appeared likely to lose a...Read More
Ethereum reached a high of $759, a value ETH previously held in April 2018. Etheruem bulls would seek to hold on to the $725 and $700 levels of support over the coming days in the case of a dip. Dogecoin also saw fantastic gains over the past few days and could be set to retrace...Read More
The Ethereum [ETH] market has been seeing increased momentum that has been driving the price of the cryptocurrency in the past few months. Amid the active spot market, the active supply of Ethereum has been dropping to new lows. According to the data provider – Glassnode alerts, the active supply of ETH measured on a...Read More
Bitcoin Cash formed a bullish triangle pattern on the chart and could see a move to the upside after testing the $326 level of support. Monero plunged on the news of delisting privacy coins on Bittrex, while IOTA traded within a range and lacked momentum toward either direction in the short-term. Bitcoin Cash [BCH] Source:...Read More
Litecoin and VeChain lacked momentum in the market and appeared to be in a phase of consolidation and saw low trading volume. Algorand saw a breakout to the upside and targeted the $0.54 level. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin struggled to break past the $130 mark over the past few days. Its bullish...Read More
An exploit has been discovered on yCredit, only a day after the protocol was launched, according to sources. IMPORTANT The yCredit contract is vulnerable to an economic attack that can cause loss of all user funds. If you deposited into the contract using Etherscan or bought yCredit on Sushiswap, withdraw or sell it immediately. I’ll...Read More
Cryptocurrencies surged in the past year, as market participants recorded sizeable returns and mainstream adoption increased significantly. Crypto rewards platforms too benefited from these developments, noting record high-interest payments to clients on numerous cryptocurrencies deposited. Rewards platform, Celsius Network announced earlier today that it will be adding Cardano [ADA] to the list of supported cryptocurrencies...Read More
“The delisting of privacy coins from regulated exchanges was the inevitable escalation in government attempts towards totalitarian financial surveillance.”, Andreas Antonopoulos stated on Twitter, following the latest announcement from Bittrex. The Crypto exchange announced on Friday that it will be delisting Monero (XMR), Zcash (ZEC), and Dash (DASH) on Jan 15. While the Exchange did...Read More
Many central banks around the world are now engaged in some type of CBDC exploration. Time and again, they have claimed that digital currencies could provide far better oversight into monetary movements. Governments that seek to combat money laundering and corruption have all come to the conclusion that CBDCs can help them trace illicit activities. ...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice In 2020, Stellar Lumens yielded returns of 188%, far better than its competitor XRP, even before the latter’s lawsuit. However, recently, the cryptocurrency saw a drastic drop in its price – 46% in 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 Monero [XMR] may not be among the top 10 cryptocurrencies, but it has been moving in sync with the largest digital asset, Bitcoin. At the time of writing, the price of XMR has been...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The short-term market for most altcoins has been noting a wave-like movement. While Cardano has been moving forward on the developmental front, its price movement has been mostly sideways. The cryptocurrency’s price has been...Read More
The world’s largest cryptocurrency Bitcoin climbed on the charts and headed towards the $29,000 mark and the broader altcoin market followed suit and registered a surge in price. Polkadot was one such example, climbing nearly 12% in the past 24 hours. On the other hand, altcoins VeChain and NEM struggled to maintain positive returns and...Read More
December has been crucial for Bitcoin. During the month, the world’s largest cryptocurrency zoomed past its previous all-time high of $20,000 and is still looking to break more records every single day, and is currently heading towards $29,000. Needless to say, the broader altcoin market has benefitted from Bitcoin’s achievement over the course of the...Read More
