The Bitcoin market surged over the weekend and in turn, helped its hard forks to also witness a brief boost in price. At press time, most alts were witnessing an attempt towards recovery but it may take sometime as the fall that was visible in Bitcoin’s market was 2.41%, which was intensified in the altcoin...Read More
While most of the coins were undergoing a period of recovery in the past few days, the enthusiasm was lacking on Litecoin’s side. The asset has been unable to carve a bit of distance from its support at $45, staying close to the price range. With a 24-hour change of -2.5%, Litecoin had a market...Read More
Over the past 12-hours, Ethereum has dropped below the resistance at $360 in the charts but continues to consolidate within close proximity to $357. At press time, the asset seemed to hold its own but it might face a minor bearish pullback if the price pattern takes a decisive turn. With a trading volume of...Read More
After three weeks of a bearish market, a few digital assets had witnessed noticeable uptrends towards the end of the third quarter of 2020. Maker, claiming its place consistently in the green zone, witnessed a price surge of almost 20 % in the last one week. The digital asset was recently in the news, as...Read More
The International Blockchain Monetary Reserve (IBMR), a microfinance economic development agency, today launched what it claimed to be the world’s first “microequity” exchange – MESE.io. According to a press release sent to AMBCrypto, the platform, which runs on the Algorand blockchain protocol and ChainUP’s cloud exchange technology, will allow users to trade global tech stocks...Read More
Binance Coin shed value in early September but the bulls were out in force as they drove the price steadily upward. IOTA showed a strengthening upward trend and Zcash showed signs of bullishness in the near-term. Most altcoins, including IOTA and ZEC, have been trending downward since August, so their bullish momentum might be short-lived....Read More
Bitcoin surged briefly to $10,900 but faced selling pressure and dropped back to $10,690 at press time. This drop also caused major altcoins to face a minor, yet quick drop. Bitcoin Cash dropped from $230 to $225 but showed bullishness in the near-term. Dash experienced a drop but it was likely to be followed by...Read More
With defi frenzy coming to palpable levels, all seemed well until a new project by Andre Cronje went awry. This has resulted in a loss of $15 million in funds, out of which $8 million was sent to Cronje’s yearn deployer account as a “sorry” note. Eminence is/was an unfinished game with an in-game economy...Read More
Members of the Young Entrepreneurs Network Africa in Nairobi, Kenya are developing the YENTS stablecoin, a native token of the entrepreneurs’ Network which is expected to launch in November this year, according to the report. YENTS token will be pegged to the Kenyan shilling or equivalent US dollar amount, on a one to one basis,...Read More
Disclaimer: The following price prediction should not be considered as investment advice. Bitcoin SV, despite setbacks, continues to hold on to the ninth rank on the cryptocurrency charts, managing to keep itself within the market’s top-10. However, with DeFi coins gaining more traction lately, it might not be a surprise to see old cryptocurrencies slide...Read More
Tezos burst past its resistance level on the charts, but its downtrend was unlikely to have been reversed. Further, IOTA showed signs of a bullish trend in the short-term after defending a level of support against bearish pressure. Compound too formed a bullish reversal pattern, however, it would take more time to either validate or...Read More
After touching a 2-month low on 24 September, Cardano underwent a reversal and the price flipped significantly on the charts. After breaching its key resistance level on the daily timeframe, the crypto-asset was valued at over $0.10, at press time. However, the rally might have been a little too abrupt, which may be why another...Read More
Monero was moving within an ascending channel at press time, but it might face stiff resistance at and just beyond the $100-mark. Algorand has shown bullishness over the past few days and looked poised to see another hike in the next few trading sessions. DigiByte’s charts pointed to a lack of momentum in the near-term,...Read More
DeFi protocols have seen rapid adoption, growth, and an exponential rise in TVL in 2020. The latter is an especially good metric since while a high number of daily/monthly active users is not a direct indicator of a project’s growth, Total Value Locked is, when gauging how well a DeFi project is doing. Source: DefiPulse...Read More
XRP showed signs of bearishness on the charts, although on a longer timeframe, there was the possibility of a bullish breakout. NEO has been forming a bearish pattern over the past few days, with the same validated as NEO sought support in the face of selling pressure. Dogecoin could be entering a period of low...Read More
The price of Bitcoin Cash was flourishing, at the time of writing, with BCH’s price picking up momentum since the 23rd of September. After briefly testing a low of $200, the crypto-asset was quick to recover by $20 within a day. In fact, over the past couple of days, the crypto-asset has consolidated between $235...Read More
Tron formed a bearish divergence on the charts, one that could see the price lose a level of support. Polkadot was in a consolidation phase in the near-term, with no breakout initiated at the time of writing. Decred, on the contrary, continued to face steady selling pressure and was set to continue on the same...Read More
In what seems like an update that was a long time coming, Bittrex’s $ADA wallet is up and running once again, processing deposits and withdrawals with the required updates to the Cardano protocol. The same was announced by Richie Lai, Co-founder and CIO of Bittrex, on Twitter. Yes it has happened… $ADA wallet open and...Read More
Binance Coin exhibited bullishness in its market, but it could see a minor drop of 2-3% before noting further gains. NEM broke out of a period of consolidation and appeared to have flipped a level of resistance to support. Verge showed bearishness in its own market. Binance Coin [BNB] Source: BNB/USDT on TradingView At press...Read More
Chainlink was noting some bullish momentum in its market in the near-term, but it still had an important level of resistance to reclaim to flip its bearish medium-term outlook to bullish. This comes after a recent report suggested that Chainlink had decoupled from Bitcoin. FTX Token rose past a level of resistance. but the market was...Read More
Chainlink and its marines are in utter disbelief after the coin dropped by 62% from its ATH in just over a month. Regardless, the marines have diamond hands and are holding their bags, especially retail. Their patience might be rewarded soon, however, as the price was pointing towards a bullish breakout soon. However, the bears...Read More
Stellar Lumens’ charts pointed to bearishness in the short-term after it was unable to scale a level of resistance. In fact, XLM has been forming lower highs for over a month, highlighting a downtrend over the longer time frame as well. STEEM too formed a bearish pattern on the charts and was poised to drop...Read More
Bitcoin Cash defended the all-important zone of $200 and managed to rise past $220 as well, although it remained to be seen if BCH can hold on to the gains made. Cosmos formed a bullish pattern on the charts and was likely to rise past its level of resistance. Maker also showed a near-term bullish...Read More
Litecoin sailed past its level of resistance on the charts and could register some more gains in the next day or two, before facing its next resistance. Ontology could continue to show bullish momentum in the markets in the short-term. Zcash bulls showed strength too, and were likely to drive prices up in the coming...Read More
EOS has been bearish for the entirety of September, and the crypto seemed unlikely to reverse its trend, at the time of writing. VeChain‘s bulls, however, have been showing strength in the market over the past few days. Brave’s BAT made some gains over the past couple of days too, but it was unlikely to...Read More
Although China still categorizes Bitcoin and other cryptocurrencies as illegal, several state-owned media outlets purportedly ran reports describing them as the best-performing assets since the start of the year. Bitcoin And Crypto Run On Chinese Media A popular state-owned media under the name Xinhua News Agency set the tone yesterday by citing a Bloomberg report...Read More
Cardano registered a bearish pattern on the charts, one that validated the previous pattern to some extent, before the markets shifted dramatically to spur ADA upwards. Waves was in the oversold territory and might be forced to drop further in the coming hours. Enjin, however, appeared directionless in the market as buyers and sellers each...Read More
Ethereum bounced off its level of support, but this bounce did not hint at a reversal in downtrend from the $481-highs of late-August. It is likely that this bounce will reverse itself in the coming days. Further down the crypto-ladder, Algorand broke out of its bearish trend and could be primed to surge upwards. Decred...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s long-term market and its impact on the price The crypto-market has been volatile since the beginning of this week, with the same resulting in price swings in either direction. At the time of writing, the prices of most major crypto-assets...Read More
Binance Coin showed signs of being on a healthy long-term uptrend as it retraced recent gains made. In the short-term also, it appeared likely to move north. Polkadot bounced off its support and might be headed for more gains, although it could also exhibit ranging action in the coming days. Verge has been in a...Read More
