December has been crucial for Bitcoin. During the month, the world’s largest cryptocurrency zoomed past its previous all-time high of $20,000 and is still looking to break more records every single day, and is currently heading towards $29,000. Needless to say, the broader altcoin market has benefitted from Bitcoin’s achievement over the course of the...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the...Read More
Although BAT, XTZ, and EOS had been under strain during the month of December, prices picked up pace over the past few trading sessions which painted a picture of optimism for the altcoins. Basic Attention Token [BAT] Source: BAT/USD, TradingView While BAT’s price tried to gain momentum since mid-December after a difficult start to the...Read More
With Bitcoin holding firm between $22,500 and $23,500 for the past few days, one would expect the market’s altcoins to hold steady and consolidate as well. However, while Bitcoin has remained bullish, many alts were unable to sustain their market momentum, with the likes of Binance Coin, Chainlink, and EOS exhausting themselves on the price...Read More
Polkadot bounced off the $4.8 support to reach $5 but bears still appear to have the upper hand in the short-term. EOS was set to retrace all its recent gains due to heavy selling over the past couple of days. VeChain broke to the downside of an ascending triangle pattern and could post further losses...Read More
The altcoin market did not move as a unit. In fact, while some large-cap coins such as Litecoin saw huge gains and EOS, NEM registered strong performances across the board, Zcash underlined short-term bearishness. EOS Source: EOS/USDT on TradingView EOS formed a falling wedge, one that broke out above the $3-level of resistance, and at the...Read More
Ethereum dropped from $580 to $540 and recovered over the past week, but it still faced significant resistance from the $600 region and showed waning bullish momentum as it sat atop a level of support. EOS formed a bullish reversal pattern, but its breakout was unconvincing and it could be headed back to a level...Read More
Bitcoin’s recovery over the past couple of days from $17,600 to $19,200 was accompanied by rising Bitcoin dominance. Large-cap alts gained in value over the same period, but in general, they were not as quick to surge. Polkadot broke past the $4.8-resistance level, but it saw bears and profit-taking around the $5 region. EOS broke...Read More
Ethereum has been dormant in the short-term, and Bitcoin Dominance has also been relatively flat over the past few days. The altcoin market was waiting for a breakout or breakdown. Bitcoin SV faced strong resistance from $180, while EOS tried weakly to get past the $3 level of resistance, a move that would signal a...Read More
Many large-cap altcoins followed Bitcoin’s lead in the market to a certain extent. However, EOS and DigiByte dropped under a level of support and the subsequent pullback saw the same level retested as resistance. In fact, their indicators pointed towards the likelihood of a downside on the charts. Finally, Ontology formed a triangle pattern that...Read More
The altcoin market, at the time of writing, was on its way towards recovery. Ethereum flipped $550 to support and rose steadily on the charts, prompting alts to climb alongside it. EOS and Basic Attention Token had a bullish outlook in the short-term, having recouped nearly half the losses following the recent drop. Finally, VeChain...Read More
Bitcoin corrected from $19,200 to $16,400 and was trading at $16,900 at press time. This forced alts to shed value quickly as well. Bitcoin Cash dropped 25% from a local high and saw support at $267 flipped to resistance. Vechain and EOS were short-term bearish but they might be able to stay above key support...Read More
Major crypto exchange, Binance, announced that they will be adding DAI and removing EOS from their Peer to Peer (P2P) trading platform. In the announcement, Binance stated that all EOS advertisements should be removed by 4:00 AM on November 27 and all EOS tokens should be transferred from the P2P wallet to the spot wallet....Read More
The Crypto Fear and Greed Index rose to 94 as Bitcoin and altcoins posted further gains over the past eight hours. At press time Bitcoin was being traded at 19,237 with a trading volume of $28.1 billion. Source: CoinStats Polkadot could be headed for a move down after a breakout past $5 recently. EOS and...Read More
Altcoin markets continued to look strongly bullish in the short-term after the malaise that had set in over the past couple of months passed. While Ethereum Classic surged to the upside of a range it had been stuck within, Maker flipped a level of resistance to support over the past few hours. Finally, EOS continued...Read More
The Crypto Fear and Greed Index noted a value of 91, at press time, having climbed to a value of 94 just two days ago. Buy the fear, sell the greed is a trader’s mantra, but FOMO can be overwhelming if BTC does climb over $20k. Further down the crypto-ladder, Polkadot and EOS approached a...Read More
Bitcoin Dominance continued to rise and stood at 67.17% at press time. A rise past 67.5% could delay an altcoin market rally. At press time Bitcoin was being traded at $18,028 with a trading volume of $38.2 billion. Source: CoinStats Polkadot was unable to flip a level of resistance it ascended past. EOS saw some...Read More
Bitcoin’s performance could positively influence Bitcoin Cash, which has posted a series of lower highs in the past week. EOS retraced most of its downward move from earlier this month, while Dash formed a bull flag and could be poised to test a level of resistance soon. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView Bitcoin...Read More
Bitcoin induced euphoria in the market’s traders after recently registering a yearly-high of $16,400. Further down the crypto-ladder, EOS seemed to have exhausted its recent bullish outlook while NEM’s chart exhibited a bearish divergence and was likely to see a pullback. Finally, Compound recorded gains recently, but it was yet to show any sign of...Read More
Bitcoin‘s price dropped from $15,600 to $14,310, with the cryptocurrency, at press time, trading at $14,992. This corrective move for BTC saw a volatility spike in the altcoin markets as well. While EOS and NEM noted minor pullbacks after a surge in price, Zcash was trading under an important level that could decide the direction...Read More
The past few days saw increased price activity for most cryptocurrencies triggered by Bitcoin’s price rally past the key $15K level. This positive price momentum has translated well for key altcoins like Bitcoin SV, EOS, and Algorand. During the course of the past 48-hours coins like Algorand surged by up to 27 percent on the...Read More
A recent report examining the number of successful hacks on blockchain networks, exchanges, and even wallets concluded that attackers had stolen more than $13 billion in the past eight years. The paper noted that the EOS network had experienced the most breaches, while the malicious actors have taken the most funds from wallets. 330 Blockchain...Read More
To date, blockchain technology has found its use in small scale elections in the US, but the Associated Press (AP) news agency’s current use of blockchain to publish the US presidential election results, makes this the first time the technology is being used for a much larger election. So far, AP has been publishing the...Read More
Bitcoin closed a trading session above $14,000 but was unable to hold on to the level. However, this was still quite a recovery from yesterday’s dip as low as $13,200. XRP and EOS faced strong bearish momentum and could drop to a level of support, while Basic Attention Token appeared likely to lack momentum toward...Read More
Bitcoin failed to hold on to $13,700 over the past few hours and slid to $13,400. A deeper correction could be in play as analysts expect a move to $12.7-$12.9k. Altcoin markets took a hit on Bitcoin’s move downward. Bitcoin Cash slipped beneath a level of support. EOS and Dogecoin also plunged and their markets...Read More
Bitcoin’s dominance rose as high as 64.17%, before dropping to 63.45%, at press time. Bitcoin, the world’s largest cryptocurrency, could be set to move sideways on the charts as it was consolidating its gains. In doing so, over the next month, BTC could breathe some life into bleeding altcoins. EOS dropped beneath a level of...Read More
Crypto Fear and Greed Index showed greedy market sentiment with a value of 73 even as many altcoins posted losses. Bitcoin surged to $13,700 at the time of writing. EOS broke strongly southward while Aave also faced strong rejection at a level of resistance. Both assets could be poised for further losses in the coming...Read More
Bitcoin Dominance rose to 63 and Bitcoin was trading at $13,676 at press time. The altcoin market was registering some losses for the day, but a pullback on Bitcoin could see the red for other assets in the crypto space in the coming days. EOS exhibited a bearish divergence, and Stellar Lumens appeared to be...Read More
At the time of writing while bearishness on the charts from the morning lows was visible, price recovery attempts towards the second half had also started. The bearish sentiment in EOS quickly turned into a strong price recovery move, with EOS bulls regaining control of the short-term market. Algorand’s recovery still not as strong, but...Read More
Bitcoin’s dominance was as high as 61.85, at the time of writing, with the figure remaining resolutely above 60 for a few weeks now. This indicated that the altcoin market was not seeing as much growth as Bitcoin, which was trading at $13,149. EOS registered higher highs over the past couple of weeks, but the...Read More
