“A portfolio built completely with cryptocurrencies” – to a traditional portfolio manager, is a nightmare in terms of risk and drawdowns. However, to a person that has been in crypto over the last 3-4 years, this seems like a cakewalk. While the traditional portfolio does include Emerging Markets, that, in a way, is similar to...Read More
EOS, like many altcoins, saw a considerable surge yesterday following in bitcoin’s footsteps. This copy-surge must come to an end and soon it will, especially considering how both EOS and BTC’s price is developing right now. Overall, the short-term scenario for EOS looks bearish and this is not the right time to FOMO-in on either...Read More
Bitcoin is enjoying several consecutive bullish days, resulting in a break above $12,000. The movement may surprise some. A few days ago, news broke that the popular cryptocurrency exchange OKEx had suspended withdrawals after reports emerged that its founder was taken away by the police. In early October, the owners of another large platform, namely...Read More
As Bitcoin closed above $12,000 once more, it was pertinent to ask if the altcoin market would follow. Would traders sell altcoins to follow Bitcoin’s gains? The rising Bitcoin Dominance suggested, yes. Bitcoin SV formed a bullish divergence and made gains in the past few hours, while Stellar Lumens witnessed strong buying volume. Dogecoin was...Read More
Bitcoin shot past $12k and was trading at $12,239 at press time. Crypto Fear and Greed Index stood at 61, indicating growing greed in the market. Bitcoin Dominance rose to 61.75, as Ethereum posted gains and approached a strong level of resistance. Selling pressure did not relent on Tron while Basic Attention Token showed a...Read More
Despite an uptrend witnessed during the morning session and gains recorded by Bitcoin, the cryptocurrency market sustained heavy losses as most of the digital assets were painted in red towards the day’s end. Chainlink was down by almost 4.5% at press time with the digital asset seen hovering just above its immediate support level. The...Read More
New research about Russia’s retail investment market indicates a prevalence of investment in cryptocurrencies and has ranked crypto as the fifth most popular investment asset, after savings accounts, foreign currencies, real estate, and life insurance. With a quarter of Russia’s investments being carried out online, cryptocurrencies led the way with nearly 80% which were being...Read More
Bitcoin surged to touch $11,800 and Crypto Fear and Greed Index stood at 56. A positive correlation with gold and S&P500 could drag Bitcoin down in the coming weeks, due to uncertainty in the economy and the upcoming US elections. Cardano hinted it was in a period of low volatility while Zcash and DigiByte have...Read More
At press time, Bitcoin Cash was slightly down compared to the previous day by close to a percent, coinciding with weakening buying pressure in the digital asset. The Bitcoin cash market could thus be expected to record losses for a few more trading sessions until the bulls manage to solidify the buying momentum. Further down...Read More
A survey among over 2,000 Russian investors has placed cryptocurrency next to gold in terms of popularity. Moreover, younger investors aged below 30 have displayed significant favoritism towards digital assets. Crypto Ranks Above Gold Among Russian Investors According to the study published by the World Gold Council, investors from the world’s largest country by landmass...Read More
Despite its 10% gain over the day and being a top-performing asset, the bull market in DASH was likely to turn around soon, as key technical indicators hinted towards a price correction. Binance Coin noted some bearishness on the charts, while also maintaining the possibility of a positive price reversal. Tezos, on the other hand,...Read More
“Ethereum 2.0 phase 0 to be launched at the end of 2019. . . .January 2020. . . .July 2020. . .September 2020. . .November 2020?” The digital asset class has created a very unique community over the years. While a person would rarely hear another one promoting investments in Gold, Silver, or whatnot, proponents...Read More
Crypto.com Coin was already in a strong wave of selling pressure before Bitcoin’s recent break toward $12,000 further pulled capital out of the altcoin market. At press time the king coin was trading at $11,766 with a 24-hour trading volume of $132.6 billion. Source: CoinStats FTX Token faced a critical resistance it has been unable...Read More
Investing can be a daunting task, be it a newbie or an experienced investor. This involves selecting different assets that gel well with each other and return a good profit. An extension of investing is creating and maintaining portfolios. What makes a portfolio? Creating a portfolio is the opposite of putting all your eggs in...Read More
Bitcoin was trading at $11,899 at press time, and Bitcoin Dominance was rising alongside. This generally spells trouble for the altcoin market. Bitcoin SV dropped beneath a range it was trading within for the past couple of weeks, and Compound continued to tumble. BitTorrent appeared to be making some gains but fell beneath trendline support....Read More
German politician Burkhard Balz who is a member of the German central bank’s executive board said in a speech today that the decision to launch the digital currency was politically motivated. The official’s stance on the digital currency contradicts the European Central Bank’s intentions to launch a CBDC. In recent events, plans to launch digital...Read More
The world’s largest altcoin Ethereum was once again moving up and was priced around the $375 mark. Ethereum could soon move towards a more neutral to bullish phase soon. Stellar Lumens also maintained bullishness while Dogecoin although on an uptrend for the day, was more likely to continue with its price consolidation.Ethereum [ETH] Source: ETH/USD...Read More
The mid-term trend for XRP ended on a disappointing note as the valuation was unable to consolidate above the resistance at $0.254. With the price facing a little depreciation over the past week, the asset is currently sustaining a position above the support at $0.244. At press time, XRP had a market cap of $11.09...Read More
Bitcoin broke convincingly past $11,500 to touch $11,800 as it continued to set higher lows. Unfortunately for the altcoin markets, Bitcoin Dominance was on the rise as well. It stood at 60.73 at press time, and indicated that capital in the crypto sphere was flowing into BTC to follow any further gains the king could...Read More
Amid talks of forking Filecoin because of miner unrest, Juan Benet, the entrepreneur behind the decentralized storage network, dismissed the claims and said their storage network was “just fine.” In a tweet, Benet called the miner strike “nonsense” and that there has been no “power loss” as such on the network. Benet said in a...Read More
Bitcoin climbed well past $11,500, before a minor drop pulled its press time trading price to $11,504. Its strong defense of the $11,200-level and its subsequent rise to $11,500 could lend bullish impetus to the altcoin market in the coming days. As for the altcoins, Cardano moved above a short-term moving average as its momentum...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Between 13 August and 24 September, Tezos registered a 58 percent sell-off, with the cryptocurrency dropping all the way down to $1.91. While the decline was certainly not pleasurable for many of XTZ’s investors,...Read More
Cardano dropped down to $0.0753 in the 3rd week of September. While its valuation seemed down and out, the cryptocurrency soon rallied and made its way into the top-10 of the market again. Climbing from a low of $0.0753, ADA was noting a value of $0.106, at press time, having been on a positive run...Read More
Chainlink‘s charts highlighted two important levels that could determine its long-term movement, while on the shorter timeframe, the crypto-asset lacked any momentum. Cosmos‘ buyers showed some interest, but it was unclear if it would be enough to propel ATOM higher. Decred has been volatile lately, but its movement underlined the possibility of gains over the...Read More
The Crypto Fear and Greed Index was noting a figure of 55, at the time of writing, the same reading as the previous day. Monero was retracing recent gains made, but it did show some signs of heading north. Further, while Ontology formed a bearish pattern on the charts, DigiByte looked to be resolutely heading...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice With new IEOs and DeFi products being launched continuously, Binance Chain and Binance coin have both been doing well. The token has evolved from being just another ERC20 token on ETH to a coin with...Read More
Stellar Lumens was approaching its resistance level and appeared to possess the bullish momentum needed to flip the level to support. Further down the crypto-ladder, Basic Attention Token attempted to break out to the upside, but was denied by the market’s bears. Enjin, on the other hand, was heading towards a period of low volatility....Read More
24 hours after the launch of Filecoin, a majority of its miners have gone on strike. The main reason for the same is that miners actually have to buy $FIL, in order to mine $FIL, as it currently stands. To begin with, Filecoin is very complex and requires high-end hardware including 128GB memory. In fact,...Read More
Another update disclosed by IOTA’s development team has revealed news of several existing projects being deployed, as well as many other noteworthy projects in the pipeline. IOTA 1.5 (also known as Chrysalis) is the mainnet’s intermediate stage. Chrysalis Phase 1 components were deployed to the mainnet in August. The engineering team is now working on...Read More
Litecoin, like many altcoins in the market, has seen its price drop on the charts. At press time, a consolidation after the aforementioned drop seemed to be ongoing, following which, LTC may be due for a small pump. Overall, Litecoin’s price was observed to be up for a small pump, one that could turn bullish...Read More
