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
In less than two weeks, Ledger has suffered a data breach and has a new vulnerability. The latter is a bug that allows the hacker to spend Bitcoins while the user spends altcoins. The vulnerability was exposed by Liquality developer Mohammed Nokhbeh who stated that the Ledger, “…presents misleading transaction confirmation requests indicating the selected...Read More
Priced at $0.1426 Cardano is the 8th largest cryptocurrency in the world. The recent surge due to the announcement of the Shelley launch caused a massive pump since April 2020. During this surge, the token has seen a 500-600% appreciation in its value. Not did this surge push it into the top 10 ranks, but...Read More
The likes of Bitcoin SV, Monero, and BAT token continued to dwell in sideways movement after the depreciation on 1st August. With the consolidation phase extending beyond 48 hours, anticipation looms large on whether the next breakout is going to be bullish or bearish. The aforementioned altcoins have a different perspective over the past 24-hours...Read More
July marked the first month of the Q3 2020 and after an unenthused period in the market, Bitcoin and Ethereum made huge strides in the final 9-days of the month. According to Deribit’s Institutional Newsletter, Bitcoin and Ethereum registered a price jump of about 22% and 48%, respectively, creating a stir in the derivatives market...Read More
For Bitcoin, its current price position is not typically on unfamiliar grounds. However, the narrative was completely different for Ethereum. The largest altcoin is currently trading at a range last witnessed during mid-2018. So it is fair to say for Ethereum, there is a little more to lose. With the trend outrightly bullish over the...Read More
The cryptocurrency market broke out of the long crypto-winter that restricted the price of most major assets between their immediate resistance and support. However, for the third-largest digital asset, XRP, this sudden boost was much-awaited since February 2020. As XRP bounced between $0.2141 and $0.1701, the market had reached a low point, even as investors’...Read More
The larger coin market is awash in green as Bitcoin held above $11,000 for the second straight day, after its 8 percent hourly drop on the weekend. Top altcoins like Ethereum and XRP have seen massive surges. The highest gaining coin in the top-10, however, is Chainlink with a 10.7 percent 24-hour gain. Caught between...Read More
Being the second-largest cryptocurrency, Ethereum has been witnessing a boost in interest from traders. Over the past two weeks, ETH’s value broke out of consolidation and was on an uptrend, noting a 70% push from $233.85 to $399.69. As a major dip momentarily disrupted coin’s movement, at press time, it was being traded at $395.90...Read More
Within a day (1 August 2020), the collective industry seemed to be back on track as a majority of the top altcoins registered positive gains over the past day. XRP, Chainlink, and Tezos were some of the frontrunners with LINK leading the pack in the charts. XRP 1-hour chart XRP/USD on Trading View After reaching...Read More
As volatility returned to the cryptocurrency market, altcoins have witnessed a change in price trend. Bitcoin’s fall from $12k to $10k on 2 August, also triggered negative sentiment in the market; however, as the coin set back on an uptrend, the altcoins also followed its lead. The altcoin market reflected great trade activity over the...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24-48 hours Bitcoin SV, just like the rest of the market, was in a state of conflict at the time of writing after depreciating significantly on the 2nd of August. With BSV trading at a price point as low as $196 yesterday, the...Read More
The collective digital asset market suffered a major blowout at the top after Bitcoin and Ethereum noted massive sell-offs. The development had a ripple effect on the rest of the altcoin market too, with Litecoin, Tron, and VeChain registering bearish movements. With these cryptocurrencies’ prices seemingly consolidating over the past 24-hours, another wave of price...Read More
The recent activity in the cryptocurrency market has had a profound effect on the market’s altcoins. While Cardano [ADA] and Basic Attention Token [BAT] showed a retracement in the near-future, Cosmos’s [ATOM] charts seemed promising, with a surge expected very soon. Cardano [ADA] Source: ADAUSD on TradingView Following the recent crash in Bitcoin‘s price, altcoins...Read More
Cardano currently stands at 8th rank with a market cap of $3.46 billion. With the coin trading at $0.1329, the coin is stuck moving sideways with no proper destination in sight. Cardano 1-day chart Source: ADAUSD TradingView The price has 3 possible directions to move, up, down, or sideways. However, discerning which direction is largely...Read More
