Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Chainlink’s short-term market and its impact on the price Unlike most, Chainlink has not been highly correlated with Bitcoin, with the impact of the same very visible on its market. In fact, the value of LINK has been moving in a...Read More
The US-based venture capital firm Social Capital will launch a new program enabling investors from all backgrounds to employ the company’s resources to generate “outsized returns on an initial capital base of millions of dollars.” SC’s founder and CEO, Chamath Palihapitiya, announced the new venture called Emerging Managers on Twitter. He highlighted several issues new...Read More
Commodities trader and analyst Peter Brandt said on Twitter that XRP would have been deemed a security if the US Securities and Exchange Commission (SEC) regulators completely understood the workings of cryptocurrencies. Brandt published his XRP stance in response to a comment by one Twitter user going by the name of Rexiby crypto, who claimed...Read More
In an official announcement, cryptocurrency exchange Binance, said it has offered the promised bounty of $200,000 to certain private investigators, who remain unnamed, for compiling a report that identified one of the alleged attackers and provided information on the specifics of the attack. Earlier, the exchange had decided to reward anyone who “supplies information that...Read More
Bitcoin rose to $15,610 and the Crypto Fear and Greed Index showed a greedy value of 86, in what has been a week of extreme bullish sentiment toward crypto. Binance Coin formed a pattern that could see a breakout imminently, while the coin itself lacked momentum over the past few hours. IOTA could bounce off...Read More
Bitcoin held its ground at the $15,400 level. The king of crypto has not moved in a major way to either side in the past week, and could pave the way for some altcoins to recover. Source: CoinStats Bitcoin SV appeared to be headed for losses as it traded above a region of demand, while...Read More
Cryptocurrency exchange KuCoin’s hack never stopped making news, as the culprits involved have been trying to move the stolen crypto onto several decentralized exchanges. But now in its most recent development, KuCoin co-founder Johnny Lyu revealed that 84% of the hacked funds had been recovered. In a tweet published on 11 November, Lyu said: So...Read More
Litecoin formed a bearish pattern and could be poised to drop lower while Tron registered slight gains in recent hours on a bounce off support. Algorand was retracing after a downward move, and a strong rejection at an important level of retracement could signal that its short-term bounce was at an end. Litecoin [LTC] Source:...Read More
Cardano rose past a region of supply and could be headed further upward to resistance. Cosmos retraced some of its gains from the previous month and was headed higher, but could see a drop in the coming hours while Basic Attention Token was in a long-term downtrend, and the bears were likely to impose themselves...Read More
The outlook for Cardano is bearish both on a long term and a short term basis. As explained in the previous article, there is a drop coming for Cardano and other altcoins; as for ADA, the drop might push it down to the 0.382-Fibonacci level. At press time, ADA was trading at $0.1079 and was...Read More
Four weeks back, prominent cryptocurrency exchange, OKEx had to suspend deposits and withdrawals of all cryptocurrencies due to a brawl involving its investors and users. To users’ relief, the exchange has now enabled its deposits and withdrawal service. Chinese reporter on Twitter, Colin Wu Twitter noted that “OKEx has reopened the legal currency deposit and...Read More
Monero was in a downtrend that could see the crypto-asset lose a level of support to the bears. Polkadot was trading within a relatively tight range over the past few days and could continue to do so over the next few trading sessions. VeChain had a bullish outlook in the near-term as it flipped a...Read More
Bitcoin spent a large part of the past few days trading in the vicinity of $15,400. It was valued at $15,361 at press time and its sideways movement appeared to benefit some altcoins. Source: CoinStats Binance Coin appeared poised for a breakout, while IOTA’s bullish momentum faded. BAT showed a divergence that could take it...Read More
Alongside the rest of the altcoins, Cardano was a little late to the bullish rally and it did not last as long as expected. While the asset has maintained a position above $0.10 at press time, chances of a pullback below the price range is a possibility. However, the larger trend remains bullish for ADA,...Read More
Chainlink and Cosmos had a bullish bias as the altcoin market in general looked healthier than they had been a few days ago, with DeFi coins performing exceptionally well. Aave could see a pullback after nearly doubling in value in the past few days, and it remained to be seen if bulls can drag AAVE...Read More
The short-term chart of XRP was unique at the moment as the collective asset class itself. The crypto ecospace is used as an invalidation of market patterns in the past, but the recent spike is a clear example of external factors moving the market at an instant, and away from a legitimate opposite trend. XRP...Read More
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the same time period. Dogecoin also made gains in recent days but its bullish momentum could be weakening. Bitcoin...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Litecoin short-term market and its impact on the price. The Bitcoin market has been eclipsing the gains and losses in the altcoin market. Litecoin has been moving on the tunes of Bitcoin and with the recent fall on Saturday, the LTC...Read More
Trade volume on spot exchanges fell by 25%, while ETH Futures trade volume spiked. This implied that traders feared a correction. On the charts, Ethereum formed a symmetrical triangle that could see a breakout in the coming days. Tezos was in an uptrend but had not yet assailed an important level of resistance. Dash showed...Read More
In its research on central bank digital currencies or CBDCs, United States Federal Reserve published a new review on 9 November exploring the potential impact of a digital dollar on commercial banking and monetary policy. Titled “Central Bank Digital Currency: A Literature Review,” the report highlights how the central bank can use CBDC as a...Read More
A Dutch drug dealer of Columbian descent is reportedly arrested in Spain. In an international operation, the trafficker was caught in his villa in Marbella, Malaga, while police found multiple luxurious items, cars, and cash. He was allegedly suspected of laundering about 6 million euros in cryptocurrency. Partnering With Top Interpol Fugitive As per an official...Read More
Litecoin’s most recent bounce off the support level appeared not to have the backing of willing buyers, with the same suggesting that a drop in price was imminent. There was also a level of strong resistance just above Litecoin, a level it might not be able to test over the next few days. Polkadot was...Read More
Frederik Gregaard, CEO of the Cardano Foundation, recently shared his views with the community during a Q&A session on The Cardano Effect. According to the Cardano Foundation exec, the most important use cases and problems to be solved using Cardano will be in the area of Financial Services and Insurance. Gregaard, coming from a background...Read More
Disclaimer: The findings of the following article ar the sole opinion of the writer and should not be taken as investment advice Binance coin is perhaps among the few exchange tokens that are not just alive, but kicking too. Plenty of exchange tokens are on the market today, but none holds as much promise as BNB....Read More
Singapore-based cryptocurrency exchange DragonEx published an update stating that it will introduce a temporary plan to allow withdrawal of crypto on its platform: Due to the uncertainty of the financing time, and in order to shorten the waiting time for everyone, the platform has decided to initiate a temporary restart plan to gradually resume deposit and...Read More
Cardano registered a strong surge over the past few days, but the market’s bulls seemed to be exhausted by the time of writing. ADA’s reaction at important levels would indicate whether buyers or sellers were in control of the market. Filecoin had a few quiet trading sessions over the past few hours and could see...Read More
Monero had been trading within a range over the past month, but it appeared to have initiated a recent downtrend on the charts. On the contrary, while Waves was on an uptrend that could be set to continue over the coming days, Compound‘s bulls were engaged in a skirmish to flip a level of resistance...Read More
Bitcoin Cash surged, noted a healthy pullback, and rose above its level of resistance once more in a volatile, yet bullish couple of days for the cryptcourrency. Basic Attention Token struggled to rise above its longer-period moving average and reverse its long-term downtrend, while Decred appeared to have gone parabolic. Bitcoin Cash [BCH] Source: BCH/USDT...Read More
Bitcoin’s rally to $16,000 has fallen short, however, it was enjoyable nonetheless. The market’s altcoins, in particular, suffered during this brief rally, before going on the road to recovery again. This brings us to the next question(s)- What of Bitcoin? Is the top in? Well, it is simple. We will see either of the two...Read More
Binance Coin has been one of the few exchange tokens to have performed well over the past few weeks. While it did note a pullback on the charts, it was otherwise likely to continue the short-term uptrend it was on. Aave could drop a few percentage points more in value before another attempt at climbing...Read More
