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
Digital silver’s golden run has hit a major bump thanks to digital gold. Litecoin, the seventh-largest cryptocurrency in the market with a market capitalization of $3.8 billion saw its price shoot up over the past week, as Bitcoin surged over $10,000 and above. However, with the recent backtrack in the latter’s price, losing 7 percent...Read More
Altcoins traders are fickle, most go by one indicator, and it’s not related to altcoins at all. With Bitcoin holding 65 percent market dominance, traders look to the king coin as an indication of altcoin trends, in the reverse direction albeit i.e. when Bitcoin trends down, buy alts, and vice versa. This theory was put...Read More
With the price of ETH hitting as high as $415 and crashing to $325, volatility seems to have returned to the crypto markets. This sudden move higher and then drop has caused approximately $4.1 million worth positions to be liquidated. As much as Bitcoiners might hate to admit it, this bull run seems to have...Read More
Bitcoin’s push over $10,000 and above have divided the altcoins into two categories, those that go along with the king coin, and those that do not. Among the thousands of altcoins in the market XRP, the second-largest altcoin in the market represents the former, Chainlink, one of the best performing alts in the market over...Read More
The king coin with $219 billion in market capitalization holds nearly 65 percent of the entire dominance of the cryptocurrency market, and its massive 25 percent price increase has indeed anchored an altcoin upswing, particularly in the Ethereum Classic, Tezos and Monero markets. Source: BTCUSD via CoinStats Ethereum Classic [ETC] Source: ETCUSD via Trading View...Read More
On Binance, bitcoin quarterly futures hit a high just shy of $100,000 – $99,964. While sudden moves like these aren’t new, it had been forgotten due to the slow, sideways moving price devoid of volatility. With over a billion dollars worth of positions liquidated in a minor $1,400 move by Bitcoin, volatility is back. While...Read More
Over the past week, the crypto-market seemed to gain a new lease of life after the world’s largest cryptocurrency, Bitcoin, went past its crucial resistance at $11k. In fact, 2020 has proved to be, in more ways than one, a key year for digital assets, including Bitcoin. However, as more users find cryptocurrencies and digital...Read More
Disclaimer: The findings of the following article attempt to analyze the evolving trends in the long-term Litecoin market and its impact on the crypto’s price Litecoin has been noting significant gains on the charts recently, with LTC’s market cap boasting strong growth as well. In fact, according to CoinMarketCap, Litecoin’s market cap of $3.89 billion...Read More
As is often the case, Bitcoin’s latest price hike had a profound effect on the rest of the crypto-market, with many altcoins following BTC’s lead and recording gains of their own. At press time, BTC was priced at $11,639 with a 24-hour trading volume of $25.4 billion. Source: Coinstats However, the impact of the world’s...Read More
After months of apprehension, the crypto-market finally seems to be taking flight after Bitcoin surged over the past week, a surge that was replicated by most of the market’s altcoins. Owing to the world’s largest cryptocurrency correlation stats, the rest of the market profited off its gains. However, not all altcoins shared in this joy...Read More
Over the past 10 days, Bitcoin, the world’s largest cryptocurrency, seems to have reasserted its dominance on the market again. Not only did Bitcoin maintain its price level above its previous resistance, but its surge had a corresponding effect on the prices of the market’s altcoins. While not all altcoins appreciated on the back of...Read More
Disclaimer: The following price prediction should face a transition over the next week. With the collective market extremely bullish, it was unlikely for the top altcoins to not join in the rally. The overall market for Bitcoin SV was positive with the asset registering a spike of 2.42 percent over the past day. However, for...Read More
Bitcoin’s market dominance was on display over the previous week after an appreciation in the cryptocurrency’s value pushed the altcoin market north. Many of the market’s cryptos like Bitcoin Cash and Zcash profited off this surge in value. However, its effect wasn’t uniform or universal, with other cryptos like Cosmos continuing to correct themselves. Bitcoin...Read More
A few weeks after the crypto-community vocally predicted an incoming altseason, many of the same people are now highlighting Bitcoin’s overwhelming market dominance, thanks to the world’s largest cryptocurrency’s latest price surge. However, like is always the case, not all altcoins reciprocated the appreciation in BTC’s value, and some like Basic Attention Token continued to...Read More
After Ethereum felt short of $335 during the rally at the start of the week, many expected that the asset would not rise any further. However, after a period of consolidation, the altcoin is up by 7.75 percent over the past day, registering a new high for 2020. Ethereum is currently valued at $343 and...Read More
Binance Coin is, like the rest of the altcoin market, a beneficiary of Bitcoin’s pump over $11,000. The exchange token sits on the edge of the top-10 coins in the market with a market capitalisation of $2.89 billion, behind Crypto.com Coin. With a 25-hour gain of just 0.75 percent at press time, while alts above...Read More
