Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to Bitcoin’s stark price surge, 2020 has been a defining year. Stablecoins, in particular, saw major developments, both in terms of adoption and regulations. Major Stablecoin...Read More
Cardano Founder Charles Hoskinson took to YouTube recently to share his thoughts on what 2021 holds for Cardano’s governance, calling it “the most exciting year in the history of the project.” After gathering enormous amounts of data and training over 1000 Stake Pool Operators (SPOs), Cardano launched Shelley in July, a development which Hoskinson described...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s market has been devoid of significant volatility, with its charts seeing very dull price movement. Despite its strong bond with Bitcoin, Litecoin has been consolidating on the charts, with LTC yet to see...Read More
Even though most altcoins have been seeing a price correction taking place, Chainlink has felt the brunt of this correction. The value of LINK has been slipping and has been seen increased pressure from the sellers. After peaking at $12.97 on 27 December, the altcoin has fallen to $11.43, at the time of writing. LINK...Read More
Most of the market’s altcoins have registered price corrections on their charts over the past few days. While the past week did see many coins post double-digit gains, the trend may be changing, as evidenced by the past 48 hours. Such was the case for altcoins like ETC, Algorand, and Verge. Ethereum Classic [ETC] Source:...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The price of most altcoins has been mirroring the price movement of the Bitcoin market. Tezos [XTZ], for the past few days, was noting a downward trend as the price tried to stabilize after...Read More
After a few weeks of substantial price movement on the charts, many of the market’s altcoins are now seeing their values stabilize. In the past 24-hours, altcoins like Tron and Synthetix saw their prices settle down, while Digibyte fell by over 8 percent. Tron [TRX] Source: TRX/USD, TradingView Tron, at the time of writing, occupied...Read More
“I do not consider ETC my child and I have no expectations from the project,” IOHK’s Charles Hoskinson said during a recent AMA, remarks that were greeted with surprise by some since he was one of the co-founders of Ethereum back in 2013. While conducting a special New Year’s Eve AMA, the Cardano Founder went...Read More
Thanks to Bitcoin’s price rally in the month of December, many of the market’s altcoins have seen their prices shoot up on the charts. However, the last few days have seen bullish momentum for altcoins like IOTA and Zcash fall, with their prices starting to consolidate on the charts. IOTA Source: IOTA/USD, TradingView IOTA’s price...Read More
Bitcoin’s price action often dictates the overall sentiment of the larger crypto-market, and with the king coin going past resistances at $27k and $28k, many of the market’s altcoins have also followed suit. However, in the last 48 hours, the momentum for altcoins like Bitcoin SV, BAT, and Enjin Coin has slowed, with these alts...Read More
Bitcoin’s price has continued to register tremendous bullish momentum on the charts, something that has, in turn, had a positive effect on the altcoin market. However, there were a few exceptions such as Binance Coin and Ontology, both cryptos that seem to be now enduring a spell of consolidation, while coins like FTX Token were...Read More
Monero traded within a range, but the past few hours saw the price approach the $164 level of resistance once more. It has stayed above the mid-point of the range over the past week, which was a bullish development. Dash formed a scallop trading pattern that was not yet confirmed to be tradeable, while Augur...Read More
Chainlink formed a triangle pattern and could see a breakout over the next few days, although the direction of the breakout was unclear. Algorand traded within a range, with a particularly stiff level of resistance at $0.35 that bulls have been unable to overcome over the past month. Tron sank beneath a crucial region of...Read More
Bitcoin Cash [BCH] has also been witnessing erratic movement in terms of its price on the charts. As the price of BCH surged, there have also been instances where it was followed by a correction, and such was the case in the recent past. At the time of writing, the price of BCH was $353...Read More
XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish...Read More
The XRP market has seen the coin’s price fall after the news about the U.S Securities and Exchange [SEC] filing a lawsuit against Ripple and its executives for raising over $1.3 billion through an unregistered, ongoing digital asset offering. This has had a massive impact on the XRP market and the value of the crypto...Read More
Coinbase announced that it has halted XRP trading, in the aftermath of US Securities and Exchange Commission accusing Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered, “ongoing” securities offering. The federal agency claimed XRP was security, in its charges. Additionally, Stephanie Avakian, director of SEC...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Like many other altcoins in the market, Cardano had also been witnessing a drop in upward momentum followed by a period of consolidation. However, this could be seen as the next step, as...Read More
After a minor correction, the world’s largest cryptocurrency Bitcoin climbed once again on the charts and headed towards the $28,000 mark. However, not every altcoin in the broader market was able to follow Bitcoin’s movement. Altcoins BAT and Stellar went against the trend and registered price drops, while OKB continued to rise upwards. Basic Attention...Read More
Ethereum had strong bullish momentum behind it after its ascent past the $700 mark in the past week. A move above $750 could see ETH reach $800, with $819 a projected target for bulls. Ethereum Classic was unable to hold on to its gains after rising past $6 and was forced back to a level...Read More
Bitcoin Cash showed strong bullish sentiment as it rose above $350 once more. Yet IOTA and Dogecoin were some of the altcoins whose gains over the past week have not followed Ethereum. IOTA traded within a range, while Dogecoin saw its momentum shift slightly to favor the bears. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView...Read More
It looks like the fate of XRP continues to wane as yet another exchange suspended trading of Ripple’s native crypto today. Crypto exchange Bittrex said that it has paused XRP trading, because of the US Securities and Exchange Commission accusing Ripple as well as co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over...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 Bitcoin price has been witnessing a constant surge followed by a mild correction. This surge was also witnessed in the altcoin market which may not have mirrored the growth equivalent to Bitcoin...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain...Read More
After Bitcoin breached the $27,000 resistance, a minor correction soon followed. However, the pullback was not enough to deter Cardano and VeChain from rising higher on the charts. As ADA and VET scaled past several milestones, Tron moved in the opposite direction and registered a drop in price. Cardano [ADA] Source: ADA/USD, TradingView Resistance at...Read More
XRP sank to $0.22 and has traded for most of 2020 at or under $0.3, with about 60 days only of trading above this mark. The short-term outlook for XRP was extremely bearish, although a dead cat bounce can occur. Cosmos saw rising bullish sentiment as it tested the $5.45 level of resistance once more,...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 Chainlink [LINK] market has been moving to its own tune. The Bitcoin market has had only a marginal impact on the standing of the coin. After moving within a restricted range 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 With Bitcoin reaching new highs, the altcoin market is also marching along. However, the pace at which the altcoin market rallies is not the same as Bitcoin’s. With peaks noted recently, the Litecoin...Read More
