In sync with most of the altcoin market over the past few days, XRP’s price also took a hit as it fell by close to 15 percent on the charts. Since then, the cryptocurrency has been confined below the $0.257 price range, a development that seems to have undone the gains XRP noted over the...Read More
Bitcoin was trading at $10,381 at the time of writing, after registering a low of $9966 yesterday. As long as Bitcoin does not close under the $10,000-level, a case can be made to suggest that it will be in a consolidation phase after the sell-off, above its support level. In fact, many altcoins noted massive...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in Litecoin’s long-term market and their impact on its price The rally is out and most of the market’s cryptocurrencies have lost their peaks as the market crumbled. Litecoin [LTC] was one of these cryptos, with the altcoin’s high correlation with Bitcoin [BTC] pushing it...Read More
Bitcoin slid down the price charts by nearly $2000 after falling from $12,000 on 1 September to $10,200 on 4 September. In fact, there could be more downside on the cards, with a Bitcoin CME gap at $9665 left unbridged. At the same time, Bitcoin Dominance picked up from 59 to climb to 59.94%, at...Read More
Earlier in the week, Bitcoin ended up losing over 5 percent of its trading value in around an hour’s time. In line with the crypto-market’s long-standing tradition, this price drop went on to affect the rest of the altcoins too, with BCH being one of them. Bitcoin Cash’s price action had looked promising all throughout...Read More
When Bitcoin dropped in value from $12,000 to $10,200 a few days ago, so did most of the crypto-market. Over a longer timeframe, however, it is likely that what BTC is noting is only a retracement in its bull run. That being said, the drop in question did take many traders by surprise. Further, while...Read More
The effects of Bitcoin’s recent collapse were far-reaching, with many of the market’s altcoins noting repercussions on their own price charts. The likes of Bitcoin Cash, Synthetix, and VeChain weren’t immune to these effects either, with all the value of all these alts falling dramatically. It should be noted, however, that the depreciation in the...Read More
For all the talk about an altseason, Bitcoin, the world’s largest cryptocurrency, continues to share high correlation stats with the rest of the market’s altcoins. This was very apparent over the last 72-hours as the larger crypto-market bled following Bitcoin’s incredible depreciation on the charts. The likes of Chainlink, IOTA, and DASH were among them,...Read More
Many in the community sighed with relief after Bitcoin arrested its fall on the 2nd of September by holding steady around the $11,300-mark. However, this wasn’t to last as over the next 24-hours, a bloodbath ensued, with the world’s largest cryptocurrency falling to under $10,300, at the time of writing. As is usually the case,...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the long-term Tezos market and its impact on the price Tezos [XTZ] was among the market’s best-performing assets in 2019. It has continued to do so in 2020, with the digital asset noting YTD returns of over 110%, at the time of writing. However,...Read More
Never heard of UNIRIS? Yet, this young startup born in 2017, founded by cyber-security and finance specialists, got into Blockchain very early on… and just launched its UCO token on Zebitex.com, Probit.com, and Blockchain.io! Why should you keep an eye on the project? We’ll explain it all to you! Your identity under high protection UNIRIS,...Read More
In retrospect, LINK seems to have topped at $21. Since touching the aforementioned price point, LINK has slowly but surely headed down the charts, with the same valued at $14.56, at the time of writing. In fact, Chainlink’s market cap has fallen by ~$500 million in the last 24 hours alone. At the time of...Read More
The market value of most cryptocurrencies in the market got slashed when selling pressure increased across Bitcoin’s market. Due to the resultant price swing that followed, most of the market’s altcoins were trading in red, at press time. Cardano [ADA] Source: ADA/USD on TradingView During a recent AMA, Charles Hoskinson, the CEO of IOHK, discussed...Read More
Disclaimer: The findings of the following article should not be taken as investment advice, with the same deduced based on the immediate price activity of Bitcoin amidst strong bearish pressure in the market Between 25 August and 2 September, Bitcoin managed to re-test its support level at $11,150 thrice, with the resistance level at $12,000...Read More
All the following coins, XRP, Cosmos, and Maker, had a bullish outlook, with a 5-15% surge incoming. This could be due to the recent crash in Bitcoin’s price, crash that pulled down its value from $11,800 to $11,100. XRP Source: XRPUSD on TradingView XRP has been trending lower after hitting a temporary peak at $0.3255....Read More
Disclaimer: The findings of the following article should not be taken as investment advice, with the same deduced based on the current volatility in the Bitcoin Cash market With the collective market indecisive with respect to opting for a market trend, altcoins in the middle seem to be enduring a lot of the collateral damage....Read More
Since the start of the month, Bitcoin along with many of the market’s altcoins, has seen its fortunes take a turn for the worse. While Bitcoin continued to stay above the key $11k-mark, altcoins such as Polkadot lost close to 5 percent of its trading value yesterday. The drop, however, was not uniform across the...Read More
Binance Coin rose above the resistance level and looked likely to retest the same level to confirm a resistance-flipped-to-support zone. Ethereum Classic lost a support level and looked likely to be headed further downward. VeChain had recently shown signs of bullishness, and a reversal of its downtrend since reaching $0.022 highs. But it was rejected...Read More
Bitcoin SV showed a bit of bullishness and had hardly begun to move upward when the bears stepped in. IOTA on the other hand lacked momentum in either direction and was trading just above support level while Compound looked poised to drop to its immediate support. Meanwhile, the world’s largest cryptocurrency Bitcoin briefly saw a...Read More
Bitcoin rose from $11,200 a few days ago to trade at $12,000 just a few hours before press-time. However, the resistance again proved too strong for Bitcoin to surmount at present. This rejection can be linked to the fact that some of Bitcoin’s on-chain metrics looked weak. Altcoins such as Chainlink and Stellar did not show...Read More
Debate raged on social media whether the strong rise of Ethereum’s price was organic demand for ETH, or whether it was all propped up by the DeFi explosion. However, a green Ethereum usually spells green for the altcoin market as well. Dash and Dogecoin seemed not to have received the memo, as they struggled to...Read More
Vertex.Market launched a revolutionary Peer to Peer (P2P) trading platform that will change the way P2P trading is conducted. It is currently available for 6 major cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, USDT Tether, and USD Coin. Vertex has put in a lot of effort into making life easier for cryptocurrency sellers. Streamlining...Read More
Ethereum showed strong momentum as it zoomed past its resistance to post strong gains. It was eyeing the next level of resistance at $510 as an upside target in the coming days. Zcash showed a strong upward trend in the past few days while FTX Token was soaring to new heights, but might experience a...Read More
2020 is the year of DeFi. The total market value, user volume, and lock-up funds of DeFi have skyrocketed, driving the rapid rise of decentralized lending, derivatives, decentralized stablecoins, DAOs, DEXs, oracles, etc. Hundreds of projects have emerged in the market, wishing to become part of the trend. With the rapid development of DeFi and...Read More
Roger Ver today announced in his tweet that deadalnix will be forking from Bitcoin Cash on 15 November, 2020. The tweet did not mention the name of the new coin that will be created as a result of the fork, but twitter users were quick to chime in with suggestions like BCASH. Bitcoin ABC and...Read More
Binance Coin advanced steadily toward resistance after stepping out of a range it traded within for a few weeks. Dash showed bearish signals and could test support and even drop beneath support while Dogecoin continued to sustain the bearish sentiment. Binance Coin [BNB] Source: BNB/USDT on TradingView BNB appeared to trade within a range for the greater...Read More
Bitcoin SV showed a bullish reversal pattern, indicating the possibility that BSV could rise to near $230 in the coming days. Ontology was trading in a rising channel and showed no signs of bears gaining control while FTX Token went parabolic and could rise higher. Bitcoin SV [BSV] Source: BSV/USDT on TradingView BSV formed a...Read More
SiGMA Group has announced the postponement of its tech and gaming-focused Europe summit, which was planned to be held in Malta on 18-19 November 2020. The 4th edition of the AIBC Summit will now open its doors early next year in February, running from the 17-18th, making it the first event to headline the 2021...Read More
The cryptocurrency market rallied for the better part of August but began to move sideways as the month came to an end. This resulted in the price of many altcoins stabilizing and even shrinking a little. Bitcoin, the largest cryptocurrency has been also witnessing a similar trend and at press time, was valued at $11,799....Read More
Bitcoin Dominance dipped to 59.7 as Ethereum surged to $444. Bitcoin Cash showed signs of continued bearishness. Zcash could be gearing up to flip a resistance to support. Algorand was trading at a level that buyers and sellers were evenly matched at. Bitcoin Cash [BCH] Source: BCH/USD on TradingView BCH showed continued bearishness. It has...Read More
