Market trends in the crypto-industry seemed to point to a lack of correlation as many of its altcoins courted individuality on the charts. After Ethereum’s recent pullback and Bitcoin’s re-test of the range at $11,900, XRP was able to sustain testing at $0.30 as well. On the contrary, Digibyte had better success over the past...Read More
With all the buzz around Chainlink’s and Bitcoin’s rapid rise and consolidation, respectively, other resurgent and dampened altcoins have been left out of the limelight. Bitcoin Cash, the hardfork of Bitcoin, for instance, has been replaced on the 5th spot of the coin market by the aforementioned Chainlink. Tezos despite a bullish rise has been...Read More
How do we know we are in a bull run? Early 2017 did not show signs of what could occur by the end of 2017. However, bitcoin and the crypto ecosystem seems to be already in the bull run. Bitcoin has, briefly, breached the $12,000 level, however, failed to sustain it. Regardless, the bullish feeling...Read More
TRON and Decred were subject to strong upward moves over the past few days. Both coins indicated that it is likely they continue on their trajectory. Bitcoin SV stagnated and showed no sign of upward price movement. TRON [TRX] Source: TRX/USDT on TradingView TRX had a market cap of $1.76 billion, and held the 15th...Read More
Cardano has seen reduced momentum in the past month. The price has been range-bound [between $0.156 to $0.262] for over a month. With the mainnet launched, total ADA staked has now hit 12.49 billion aka $1.74 billion with 31,000 delegators. The fundamentals of ADA look strong with the successful launch of the mainnet. Cardano 1...Read More
Even as Chainlink and Bitcoin steal the limelight, one cannot forget Litecoin. The world’s first altcoin is currently in the 8th spot on the coin market, ahead of resurgent coins like Cardano and Binance Coin, trending with a daily gain of 7.13 percent, second only to Chainlink. Litecoin’s market cap was a strong $4.03 billion...Read More
If one were to take a survey, chances are that most would agree that the last few weeks and months have been pretty good for the cryptocurrency market. Bitcoin, and with it, the rest of the crypto-market, seem to be on the up, with the memories of Black Thursday well behind it. However, that’s not...Read More
The crypto-market, at the time of writing, was going through a tricky phase. Bitcoin, the world’s largest cryptocurrency, was continuing to trade sideways on the charts, with BTC looking to strengthen and consolidate its position around the present price level, before it attempts to breach its psychological resistance of $12,000. Source: Coinstats This, however, has...Read More
The overall investor confidence could propel Stellar and BAT to breach stiff resistance facing them. EOS saw strong gains in the past week and is ready to target the next resistance. Stellar Lumens [XLM] Source: XLM/USDT on TradingView Stellar Lumens held rank 14 with a market cap of $2.2 billion. XLM was perched on the...Read More
Ethereum was headed to a weekly close that would interest long term investors, with a good potential to post further gains in the coming weeks. Monero found its momentum waning, while Zcash showed some initial signs of strength. Ethereum [ETH] Source: ETH/USD on TradingView ETH traded with below-average volume over the weekend. This could have...Read More
The spirit of the current market has been reminiscent of a healthy bull market. However, this time the focus has been majorly on altcoins. Altcoins like Chainlink [LINK] and Tezos [XTZ] have been marching to the beat of their own drums and have proven to be among the handful of resilient altcoins. LINK reported gains...Read More
Many of the market’s cryptocurrencies, at the time of writing, were going through an upheaval of sorts on the charts. Binance Coin was in a general uptrend, before noting a retracement. On the other hand, TRON and IOTA gave significant signals regarding the direction of their future price movements. With Bitcoin attempting to breach $12,000,...Read More
Disclaimer: The findings of the following article will attempt to analyze the impact of emerging patterns in the long-term Litecoin market The volatility in the market has been pushing the price of most cryptocurrencies around and at present, this trend is forming lower. In fact, Litecoin [LTC] has been one of them, having broken out...Read More
Lumens, Steem, and Decred have been flashing strong signals recently, after being held back by their resistance levels for weeks. The mid-cap coins, DCR and STEEM, in particular, might witness a major surge in price, especially when compared to their performances over the past few weeks. Stellar Lumens [XLM] Source: XLM/USDT on TradingView XLM has...Read More
Owing to Bitcoin’s market dominance, the impact of its price performance on the rest of the market is often overwhelming. Since breaching its previous resistance level, Bitcoin’s charts seem to have plateaued, with BTC holding firm under the $12,000-mark for a few days now. However, Bitcoin’s consolidation meant that the rest of the market was...Read More
DeFi’s ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539.8 million right after the market crash in March, it has recovered extraordinarily well to climb to $5.77 billion, at the time of writing. In the eyes of many, DeFi is the hot property of...Read More
Ethereum, Synthetix, and Zcash seem to be going into the weekend hopeful of upward price movement since, at the time of writing, these three cryptocurrencies were showing signs of potential. The weekly close of Ethereum for last week can be great news for what could be in store ahead. Ethereum [ETH] Source: ETH/USD on TradingView...Read More
Over the last few months, it would seem that much of the altcoin market has been driven by its own momentum and the organic developments in its own ecosystem. This is a good thing as such movement has given credence to those who believe that one day, these alts may, to a great extent, move...Read More
After doing well to surge past its previous resistance on the charts, Bitcoin, at the time of writing, seemed to be gaining strength. While it did so, most of the market’s altcoins were reacting differently to the same. Many of these alts seemed to lack momentum on the charts, which is why many of them,...Read More
Binance Coin now finds itself on the fringes of the top-10, occupying the 10th spot owing to the consolidating movement of the new entrant Chainlink following its recent surge. With a market capitalization of $3.15 billion, the exchange token is only a few million ahead of Crypto.com in eleventh with a market cap of $3.11...Read More
Bitcoin, the world’s largest cryptocurrency, seemed to be on a break at the time of writing, with BTC consolidating its position on the charts, rather than attempting to breach its psychological resistance of $12,000. At press time, BTC was trading at $11,694 and noted a 1.47 percent price hike in the past 24-hours. Source: CoinStats...Read More
Bitcoin has been around for over a decade now and one of its key features that solved the double-spend problem was its consensus algorithm – Proof of Work. Since then, however, PoW has come under increased scrutiny from many camps and with the likes of Ethereum transitioning towards Proof of Stake, there are many who...Read More
Although the journey for many altcoins in the market has been rough and volatile lately, Chainlink has continued to register high returns across the market. Given its weak correlation with the world’s largest digital asset, Bitcoin, LINK has been spiking more than any other major asset in the market. In fact, LINK was recording gains...Read More
The beginning of the week saw many of the market’s cryptos struggle under pressure. While most of these cryptos followed Bitcoin’s trend of falling prices, other small altcoins acted independently and registered price surges of their own. The changing tide in the crypto-market once again highlighted the weak correlation between Bitcoin and small-cap assets since...Read More
Bitcoin’s steady consolidation above the $11,000-mark has come as a relief for many who were waiting on their heels for the world’s largest cryptocurrency to finally post some gains on the charts. However, BTC’s fortunes weren’t exactly shared by the market’s altcoins as soon after hitting their respective local tops, many of them fell, including...Read More
Tezos came very close to hitting an all-time high after XTZ’s price surged by over 13 percent in just 24 hours. Since the start of July, the price action has been very promising for Tezos and this has since almost doubled. While XTZ’s price has seen a few ups and downs lately, strong bullish momentum...Read More
Two of the market’s top cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH], have been witnessing a strong surge in their values over the past few weeks. This week, however, the BTC and ETH markets appeared to be taking a break as the overall percentage change in the value of the top two crypto-assets was just 5%...Read More
Bitcoin’s price, at the time of writing, was facing strong resistance around the $12k mark. Bitcoin’s inability to brush past this resistance also seemed to stunt the growth of many of the market’s altcoins, with fork coin Bitcoin Cash losing close to 12 percent of its trading value in the past week, along with a...Read More
Litecoin, VeChain and Algorand have all tested important short-term supports. VeChain looked poised for more gains. Algorand looked likely to move upward, while Litecoin broke below support and would look to maintain the psychological $50 level as well. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin had a 24-hour trading volume of $2.6 billion. Ranked 8...Read More
The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time was back to $9.275 billion, as per data provider DeFi Market Cap. As the market cap moves higher, the total value locked in DeFi was...Read More
