Over the past few days, Bitcoin’s impact on the rest of the crypto-market couldn’t be more apparent. With the world’s largest cryptocurrency finally finding its feet, the rest of the market followed suit, with many of its altcoins recording substantial gains. For many of these alts, Bitcoin’s hike came at a good time since a...Read More
Chainlink, at the time of writing, occupied the 12th spot on CoinMarketCap’s charts with a market capitalization of $2.5 billion. While the cryptocurrency did lose a significant chunk of its value during the 12 March price crash, it has risen consistently since. Right from the start of April, Chainlink’s trading price has been on a...Read More
Disclaimer: The findings of the following article foresee transition for EOS in under a week While the rest of the digital asset market was registering new highs on its charts, for EOS, it has been more or less the same. A crypto-asset that was once in the top 4 of the cryptocurrency bracket had unceremoniously...Read More
Among XRP, IOTA, and Digibyte, IOTA seemed to be the only cryptocurrency showing the short-term promise of a surge. With Bitcoin climbing above $11,000, the market seemed to have returned to normal. However, that also meant that altcoin dominance was being overshadowed by BTC’s. XRP Source: XRPUSD TradingView The price of XRP, at press time,...Read More
No day in the cryptocurrency industry passes without news of any major developments. Whether such developments are price-related, regulatory, or simply listing announcements, such developments underline how active this market is on a day-to-day basis. The launch of new tokens and cryptos almost every other day, followed by their listing on a host of exchange...Read More
Bitcoin’s price over the past few days has seen some renewed bullish momentum, enabling the king coin to push past its resistance at around the $10k mark. In the case of altcoins such as Bitcoin SV and Ethereum Classic, their values have fallen over the last few days. However, such a dip in value was...Read More
With Bitcoin’s dominance growing steadily off-late, the altseason seems to have come to a halt. The same can be seen in Tezos’s falling price, an altcoin that has been one of the market’s best-performing cryptos this year. Since 24 July, the price of XTZ has fallen by 17%, with more corrections perhaps on their way....Read More
Bitcoin’s latest attempt to breach its immediate resistances on the charts seems to be successful, with BTC holding above $10,000, at the time of writing. However, while owing to high correlation stats many of the market’s altcoins did follow suit and surge themselves, these alts were soon noting corrections. The examples of Cardano, Tron, and...Read More
The low volatility streak of cryptocurrencies has finally concluded and the bulls have rushed back into the market. Bitcoin, the largest crypto witnessed a surge in its price on 27 July, and the altcoins also felt its impact. The BTC price had witnessed a surge of 18% within a day, which pushed the digital asset’s...Read More
There has quite a lot of price movement in the altcoin market in the past week. While Bitcoin has managed to go past $11K in the past few days, the price action of altcoins such as Chainlink, Cosmos, and Zcash in the past week do not present a unified narrative. Chainlink [LINK] Source: LINK/USD, TradingView...Read More
Be it in late 2017, mid-2019, or as recent as February 2020, with Ethereum, we have seen it time and time again – the largest altcoin would undergo a rapid rally and race right off the bat only to lose all its positive gains during its correction period. In comparison to Bitcoin which is currently...Read More
During the past few days, the crypto market has seen strong bullish momentum. Bitcoin saw its price go past strong resistances and currently has a trading price of $11,064 and a 24-hour trading volume of $9 billion. Source: CoinStats For the market’s altcoins, the past 24-hours have been fairly bullish with coins like Litecoin surging...Read More
Disclaimer: The following price prediction should materialize over the next couple of weeks. XRP proponents will be largely satisfied by the current performance in the digital asset industry. After breaching past an important resistance, XRP was trading above $0.222 for the first time since early March. The bullish rally also allowed the asset to reclaim...Read More
The consolidating market finally ended on late 26 July, when Bitcoin prices started to rally. Due to strong correlations between Bitcoin and other major cryptos like Ethereum, the alts also marched along. Ethereum, the second-largest coin reported an 11% growth within a day, that pushed it to a 2020 price peak of $334. However, Ethereum’s...Read More
For many of the market’s altcoins, a rally was in the works even before Bitcoin’s price hike that enabled it to go past $11k took place. However, in the past day’s time, strong bullish momentum in the altcoin market has seen a dip. For the second-largest altcoin Ethereum, the past 24-hours’ price action hasn’t been...Read More
Disclaimer: The following article attempts to analyze the evolving trends in the Bitcoin Cash market and its impact on the price. Bitcoin Cash’s spot market has been moving with great vigor as the asset tried to rise higher. Over the past few days, the consolidating price of Bitcoin Cash [BCH] began marching upwards, which resulted...Read More
Bitcoin has finally been able to go past the daunting $10,000 mark after months of speculation and anticipation. In the past 24-hours, many of the altcoins have seen their coin’s price appreciate. Bitcoin SV, Dash, and Ethereum Classic have all registered up to 13 percent in the past day’s time. Bitcoin SV [BSV] Source: BSV/USD,...Read More
Disclaimer: The following price prediction does not foresee a clear price position as of now due to the lack of a price pattern. Ethereum’s price movement over the past week has been astonishing. Witnessing a massive 40 percent hike since the 26th of July, the largest altcoin has brushed past key resistance, while registering a...Read More
The Bitcoin market witnessed a boost in its price on 27 July. The price of the largest crypto jumped 13% in a day, as the price escalated from $9,933 t0 $11,263. The major alts in the market also followed the coin in its upwards journey, especially its hard fork, Bitcoin Cash. Bitcoin Cash [BCH] Source:...Read More
Disclaimer: The following article attempts to analyze the evolving pattern in the XRP short-term market and its impact on the price. The price of the largest cryptocurrency Bitcoin [BTC] escalated on 28 July causing the major alts to witness a brief period of volatility in the market. The fourth-largest cryptocurrency, XRP which had been under...Read More
The digital asset industry has collectively surged by 18.34 percent over the past couple of days. The total market cap had increased from $283 billion to $335 billion, however at the time of writing it was down to $316 billion. At press time Bitcoin was being traded at $10830 with a 24-hour trading volume of...Read More
Litecoin, the 8th most valuable cryptocurrency in the market is having an unexpected bullish swing. Even with Bitcoin noting a market rise, few predicted digital silver to be leading the top-10 in price action, but at press time, LTC’s 9 percent 24-hour increase is the highest among the top cryptocurrencies in the market. Amassing a...Read More
It’s safe to say that Bitcoin’s dull days are behind the asset as it continued its bullish run to reach $11,000. Despite gaining against the dollar, most altcoins are trailing compared to Bitcoin, questioning the state of the altseason. Bitcoin Goes Into Uncharted 2020 Territory After finally breaking above $10,000, the question remained if BTC...Read More
Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down...Read More
According to Ethereum foundation’s official blog, Ethereum 2.0 validator launchpad testnet version officially went live on 27th July 2020. The development and research with regard to Ethereum 2.0 network have been ongoing for many months now and alongside Consensys and DeepWork Studio, the eth2 research team revealed that validators would be able to keep track...Read More
Disclaimer: The findings of the following analysis should materialize within the next 24-48 hours With Bitcoin and Ethereum leading the price rally over the past few years, it was fairly obvious that major altcoins in the top 10 would take some part in the rally as well. The narrative was the same for Bitcoin SV,...Read More
Altcoins may have driven the crypto-market over the past few months. However, Bitcoin was again in the driver’s seat this week after the world’s largest cryptocurrency hikes considerably, going on to break all its immediate resistance levels. The effect on the rest of the market was instant, with the likes of Cardano gaining exponentially. However,...Read More
While the story of the day is Bitcoin’s move and consolidation above $10,000, the altcoins with momentum already in the bag are surging. Chief among the altcoins in market capitalization is Ethereum, with the second-largest cryptocurrency in the market shooting through the roof. Buoyed by the Bitcoin breakout, Ether has mounted a market capitalization of ...Read More
Crypto asset markets have been on fire over the weekend with a surge of $17 billion, or just under 6%, since Saturday morning. The move has lifted total market capitalization to its highest level since mid-February, and the first time it has been over $300 billion for five months. Cryptocurrency Market Capitalization YTD. Source: CoinMarketCap...Read More
The latest hike in Bitcoin’s price came at a good time for the rest of the altcoin market. While many were under the impression that the same had exhausted all its momentum, Bitcoin’s performance gave fresh impetus to altcoins to rise again. This was the case for alts such as Litecoin and Tron. However, others...Read More
