Binance Coin, the exchange token of the popular exchange Binance, has done well in the last 24 hours. The coin has seen a 1% surge and currently stands at $21.83 per coin. The market cap of BNB is $3.152 billion making it the 10th largest cryptocurrency in the world. BNB 4-hour chart Source: BNBUSDT TradingView...Read More
Bitcoin recently retested the psychological resistance at $12,000 before declining to $11,400 level. While Bitcoin takes the time to gather strength for the next retest, some altcoins have managed to gather steam. BSV steadily declined over the past few days and maybe poised for another drop. Cosmos has performed remarkably well over the past week...Read More
Disclaimer: The following price prediction should materialize within a week. XRP’s price action in the past day’s time wasn’t very promising. With the price maintaining its consolidation near $0.29, a steep drop of 8.56% witnessed the asset dropped down to $0.265 in the charts. In the meantime, the asset also breached the immediate support line...Read More
After Bitcoin’s collapse down to $11,285, the rest of the altcoin market finally appeared to tag along for the current bearish ride. Bitcoin Cash, just like other major altcoins slipped by 12.36%, as its valuation witnessed a downtrend from a high of $305 to $270. After the markets actively pictured a recovery, a short-term long...Read More
From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment. In the past few days, Chainlink has risen by 45 percent in the charts, rising from $9.80 to $14.48 on the 9th of August. As the token consolidates at its all-time high range, we looked into a few developments over...Read More
After strong moves near the end of July, Ethereum has been ranging between a trend for a week, while ZCash has dropped in value since the recent highs near $100. Dogecoin is yet to gather momentum after a very successful July. Ethereum [ETH] Source: ETH/USD TradingView Ethereum has been noting strong positive sentiment on social...Read More
The beginning of the week has introduced selling pressure in the cryptocurrency market as, the price of various digital assets including Bitcoin, was noticing a downward trend. In the case of Bitcoin, its trading price fell by 3.5 percent in the past 24-hours bringing its trading price to $11,339. Source: CoinStats While almost all the...Read More
After Bitcoin went past its $10k resistance many of the market’s altcoins have been noting strong bullish sentiment. At press time Bitcoin was being traded at $11,732 with a 24-hour trading volume of $8.4 billion. Source: CoinStats However, the trend has not been uniform across the altcoin market. In the past few weeks, the price...Read More
Ethereum and its ecosystem look wildly bullish according to Satniment’s “social sentiment on Twitter” indicator. According to the indicator, it has a deviation of +2.78 from the neutral position, which is at an all-time high. Social Sentiment Source: Twitter This comes at a time when bitcoin has hit $12,000 twice within 2 weeks of August...Read More
Disclaimer: The following price prediction should materialize over the next week. Stuck between the range of $335-$400 since 31st July, the anticipation surrounding Ethereum’s price is beginning to build in the industry. There is a definite divide between the analysts as many were expecting a bullish breakout while some were convinced that the movement is...Read More
With a market cap of $13.37 billion, XRP is the third-largest cryptocurrency in the world. In the last 2 hours, the coin has seen a minuscule surge of 0.5% but that won’t be the end of it. Due to the formation of a bull flag, the coin shows a potential for a surge ranging from...Read More
With Bitcoin moving past the $10k resistance in the past few weeks, the month of August has turned out to be quite beneficial for many of the market’s altcoins. Popular altcoins such as Cardano and Dogecoin saw their trading price rise since the start of the month, while Bitcoin Cash saw a surge and a...Read More
Litecoin saw its price take a positive swing, as the rest of the coin market faltered. The 8th largest cryptocurrency in the market is among only two coins in the top-10 trading in the green, with a positive 24-hour price increase, the other being XRP occupying the fourth spot. With Bitcoin back below $12,000, the...Read More
Cardano, EOS, and Dash, all seemed to be consolidating/range-bound, with their prices waiting to break out on the charts, at the time of writing. However, in the short-term time frame, all the aforementioned cryptos seemed to be expecting a short decline in the near-term. Cardano [ADA] Source: ADAUSD TradingView Cardano [ADA] no longer holds the...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24-hours Bitcoin SV, against all odds, has been able to avoid massive depreciation on the charts since hitting a high of $250 on 1 August. The crypto-asset maintained its consolidation between $218 and $230 over the past 24-hours and it is uncertain whether...Read More
Listing announcements often have a profound effect on the performance of a market’s cryptocurrencies. The example of Band Protocol’s BAND is a case in point. Just a few days ago, BAND surged incredibly on the price charts, with the token surging by over 60% in one day after Coinbase Pro announced that it would list...Read More
Right now, it is a strange time to evaluate the digital asset market because there is still a lack of clarity. The early signs of bullish sentiment that emerged in early-August are now inconsistent across the board. No longer are the market’s coins registering hikes in unison with Bitcoin and Ethereum, with these alts identifying...Read More
DeFi 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. At the time of writing, the same figures had risen to as high as $4.58 billion. Leaving ETH behind Interestingly, while...Read More
Trading at $0.145, Cardano is still the eighth largest cryptocurrency in the world, boasting a market cap of $3.66 billion. On a higher time frame, the coin has seen a surge of about 900% from March to July 2020. While this, in itself, is a staggering surge, ADA will be faced with another challenge soon....Read More
Litecoin seems to be on the receiving end of the altcoin onslaught. In the past two months, Litecoin has been pushed down in the top-10 coins in the market by two individually surging contemporaries, Cardano back in July and Chainlink now. Digital silver now occupies the 9th spot with a market capitalization of $3.79 billion,...Read More
Bitcoin, and by extension, the larger crypto-market, have both done well over the last few weeks. Not only did the world’s largest cryptocurrency allay concerns associated with its price performance, but for the first time since March, BTC was also able to sustain a position above its previous psychological resistance of $10,000. At the time...Read More
While Bitcoin’s surge and consolidation over $11,000 grabbed the mainstream headlines, in the crypto world, all attention is on Chainlink. The altcoin surged into the top-10 with a massive 20 percent gain in the past 24-hours now occupying the sixth spot behind Bitcoin Cash, with a market capitalization difference of $1.2 billion at press time. ...Read More
Cryptocurrencies have had a conflicting Q2 and a dormant beginning to Q3. As the price of Bitcoin [BTC] moved sideways, most of major cryptos followed its lead due to their high correlation with BTC. However, there were various alts in the market that have been successful in grabbing more attention than Bitcoin and Ethereum. As...Read More
Disclaimer: The findings of the following article attempt to analyze the impact of emerging trends in Litecoin’s long-term market and its impact on the price The digital silver to Bitcoin’s gold, Litecoin [LTC] has for long been highly correlated with Bitcoin, the world’s largest cryptocurrency. In light of the recent volatility in the market, LTC...Read More
Bitcoin’s efforts to consolidate its position right below $12,000 were bearing fruit for much of the altcoin market, with many of the industry’s most prominent alts noting significant gains of their own over the past week. Source: Coinstats However, that wasn’t universally the case as many others like Bitcoin SV and Decred fell on the...Read More
Owing to its overwhelming market dominance and the fact that it shares a high correlation with the industry’s altcoins, Bitcoin and its price movement have always had a major impact on the fortunes of the rest. This has been the case off-late too, with many alts climbing on the back of Bitcoin’s hike in August....Read More
Bitcoin maintaining its price position above the $11,000-mark was good news for the rest of the crypto-market, with most of the market’s alts, many of whom had exhausted July’s momentum, registering notable gains on the charts. Altcoins like Chainlink and Zcash were among them, with both climbing rapidly to touch new levels. Alas, EOS was...Read More
Bitcoin’s recent attempts at consolidating its position above the $10,000 have been largely successful, with the effects of the same being felt by the rest of the altcoin market. While the likes of Tezos and Monero rose on the charts to register notable gains, others like Ethereum Classic didn’t see any of the gains. It...Read More
The altcoin market has had a fruitful few months lately. While July was crucial to many of these alts gaining despite Bitcoin’s low volatility, the month of August saw BTC come to life again. Bitcoin rose, and at press time, was holding a position above $11,000, giving impetus to the rest of the market. The...Read More
Disclaimer: The following price prediction estimates Bitcoin SV’s imminent bearish pullback. Over the past week, it is becoming increasingly difficult to estimate the breakout pattern of Bitcoin SV. The BTC forked coin seems hot-and-cold in terms of dependence on Bitcoin but its recent break above $217 may have indicated the underlining strength of its BTC-correlation....Read More
