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
Shifting trends are not uncommon in the crypto industry. At the moment, Ethereum’s bullish narrative is possibly heading towards a restructure. It seems like a long time but Ethereum surged past its $400 resistance only a week back. The fact that the community has been talking about it consistently is making it impossible to keep...Read More
Disclaimer: The following article attempts to analyze the short-term Ethereum market and its impact on price. The cryptocurrency market has been witnessing bursts of volatility over the past week. As the largest cryptocurrency, Bitcoin rallied, the remaining market also marched along, however, this trend was only limited to major cryptos, as the correlation between BTC...Read More
Bitcoin’s latest attempt to climb on the charts has been met by some degree of success, with the world’s largest cryptocurrency, after a long time, managing to hold a level above the psychological resistance of $10,000. At press time, Bitcoin was being traded at $11,736 with a trading volume of $8.3 billion. Source: CoinStats Such...Read More
As far as exchange tokens go, Binance Coin is the top-dog, but among the top-coins in the market, not so much. Currently occupying the 10th spot in the coin market, the exchange token has seen fallen by 1 percent in the past 24-hours, while most of the cryptos above it are in the green. Among...Read More
While most crypto-users have welcomed regulations that are now being developed for the digital assets market, it hasn’t always been smooth sailing when governments and regulatory bodies have confronted compliance-related challenges. While more regulations have helped the industry grow and even improve user and investor confidence, there are questions of data privacy that have arisen...Read More
The crypto-market has been noting a lot of momentum lately, especially in light of price volatility making a comeback. With prices heading north, Bitcoin and many of the market’s altcoins have offered great returns for investors. However, while traditionally many have leaned on Bitcoin, traders may now be eyeing altcoins for the long-term over the...Read More
Disclaimer: The following article attempts to analyze the evolving pattern in Chainlink’s long-term market and its impact on LINK’s price Unlike most cryptocurrencies in the market, Chainlink has been climbing the price ladder for a long time now. Despite the larger market noting staggering periods of depreciation recently, its growing market capitalization has pushed LINK...Read More
Regulations have helped the crypto-market establish a greater degree of credibility over the past 18 months. With an increase in interest for crypto from traditional and institutional investors, the importance of greater regulatory clarity cannot be overstated. However, given the fact that the crypto-market is rather diverse and that coins like Monero and Zcash have...Read More
XRP, IOTA, and even the recently-popular Dogecoin were all facing resistances, at the time of writing, with these cryptos headed down towards their immediate supports on the charts. However, these cryptos are likely to have a brighter future in the near-term, with a surge of at least 10% expected. XRP Source: XRPUSD on TradingView With...Read More
The last few months have been pretty fruitful for Cardano. Not only did its native cryptocurrency, ADA, perform exponentially on the charts, but Cardano also hit a major milestone recently following the much-anticipated Shelley hardfork. In what is more good news, popular crypto-exchange Bitfinex has announced that it will be listing ADA on its platform,...Read More
Bitcoin, the world’s largest cryptocurrency, managed to surge past $11,500 over the past few hours. However, altcoins such as Ethereum, EOS, and Cosmos seemed to have missed the cue as they couldn’t piggy-back on the rally. Ethereum continued to struggle in its attempt to breach the $400 range, whereas EOS registered a minor drop. For...Read More
At the time of writing, Tezos was ranked 13th on the charts with a market cap of $2.32 billion. With XTZ priced at $3.14, the crypto was registering a decline of 1.05% over the last 24 hours. However, when XTZ’s lower time frame charts are observed, it would seem that more of these declines may...Read More
The month of July re-introduced the cryptocurrency market to price volatility, one that resulted in the market’s large-cap cryptos surging and even dumping slightly on the charts. However, this volatile market did contribute to some cryptos gaining significantly. At press time, many of these cryptocurrencies were still undecided over which trend to follow. Litecoin [LTC] ...Read More
Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts. Bitcoin Moves Ahead As CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a...Read More
Disclaimer: The following price prediction will possibly register a change after the completion of the golden cross. XRP’s unceremonious drop from $0.326 to $0.250 has been dealt well by the 3rd largest digital asset. Over the past 3-days, the asset has clawed its way back near the $0.30 range, currently valued at $0.296 at press...Read More
Disclaimer: The following article attempts to analyze the evolving pattern in the Bitcoin Cash short-term market and its impact on the price. A massive dump was witnessed across major cryptocurrencies during the weekend. As Bitcoin’s value dropped by 12% within an hour, its fork, Bitcoin Cash [BCH] also noted a fall of 29.39% within an...Read More
