Disclaimer: The findings of the following analysis attempt to study the price trend evolving in the Ethereum market Ethereum, the world’s largest altcoin, was priced at $238 at the time of writing, with ETH testing the $240 level, but with no luck. Trading in a strong sideways channel since May, the top altcoin followed in...Read More
The major pump the altcoin market was on seemed to be taking a break, at the time of writing, with Litecoin, BAT, and Zcash all heading towards a resistance zone. However, each altcoin’s near-term future is likely to be different considering the setup. Litecoin [LTC] Source: LTCUSD on TradingView At press time, Litecoin stood at...Read More
Cardano, Cosmos, and Dash registered contrasting price movements over the past 24-hours, with many of the market’s altcoins continuing to note high trading volumes on their charts. In fact, owing to such a performance, a strong case for an ‘altcoin season’ was being made in the industry. However, there was not much to choose from...Read More
Bitcoin might be trending on Twitter, but on its charts, it’s more of the same. Since hitting the $9,000 mark over two months ago, and despite numerous seismic events, including the halving, a massive derivatives expiry, and a Twitter hack, Bitcoin is still trading in the same range. Looking at the short-term chart of the...Read More
Bitcoin Cash, the hardfork of Bitcoin, is in the category of altcoins that have sunk post the events of ‘Black Thursday.’ Following the market collapse in March, some altcoins surged even higher than their Q1 2020 prices, others failed to recover. Bitcoin Cash, evidently, is in the latter category. Looking at the long-term price of...Read More
Litecoin is divided in the altcoin market-space. While coins above, like Chainlink and Cardano, are surging beyond expectations, others like Bitcoin Cash and XRP are going through slumps. On the other hand, digital silver is just hanging in there. Now on the 10th spot in the market, with a market capitalization of $2.7 billion, Litecoin...Read More
Owing to the relative youth of the cryptocurrency market, it is often accused of lacking in maturity. Even with institutional investors rushing in, there are grounds for arguing that the Bitcoin-led market is not completely mature. A reason why such doubts exist is due to the inherent volatility of the market, one where a cryptocurrency...Read More
Ordinarily, Bitcoin’s price performance on the charts will be mirrored by the many altcoins in the market. However, off-late, that hasn’t been the case. Despite many alts noting corrections over the past few days, not every alt got the memo, with the likes of XRP and Dogecoin climbing, while LINK continues to correct. XRP Source:...Read More
Much of the altcoin market has reverted to the norm of following Bitcoin’s lack of movement on the charts; many of these alts registered corrections of their own. However, while the likes of Bitcoin Cash and IOTA noted significant losses over the past week, Decred’s case was slightly different, with the crypto gaining slightly instead....Read More
After what seemed like a brief spell where the market’s altcoins noted movement independent of that of the world’s largest cryptocurrency, at press time, it seemed like these cryptos had reverted to taking Bitcoin’s lead. Over the last 7 days, Bitcoin fell by just over 1.5% on the charts. Source: Coinstats While the magnitude of...Read More
While Bitcoin’s price action hasn’t been very inspiring since the start of July, many of the altcoins have registered stunning uptrends. Altcoins such as Cosmos and Algorand have both come very close to doubling their coin’s value in the past two weeks, while a more conservative uptrend was noticed with EOS. EOS Source: EOS/USD, TradingView...Read More
Despite Bitcoin’s price being stuck well below $9500 mark, altcoins seem to be registering quite a lot of varied price action. While Bitcoin Cash and Dash saw a minor drop in their trading price in the last week, Tezos has benefitted quite substantially with its price surging by close to 30 percent. Bitcoin Cash [BCH]...Read More
The cryptocurrency market has been noting varying price action across the spectrum of coins in the past few weeks. Bitcoin – the world’s largest cryptocurrency continues to be stuck in a sideways movement with a trading price of $9136 and a 24-hour trading volume of $4.1 billion. Source: CoinStats For altcoin’s like VeChain and Dogecoin,...Read More
At the time of writing, to a certain extent, normal order seems to have been restored in the cryptocurrency market. On the heels of Bitcoin stagnating on the charts, many of the market’s altcoins registered losses of their own. At press time Bitcoin was being traded at $9155 with a 24-hour trading volume of $4.5...Read More
The main challenger to the centralized financial world, blockchain technology, emerged approximately a decade ago. Blockchain is actually the ledger for the most famous and successful cryptocurrency – Bitcoin. You may think that buying Bitcoin requires deep knowledge about Blockchain and related issues, however, you can buy and sell cryptocurrencies on such platforms as eToro...Read More
As the world’s largest cryptocurrency, Bitcoin is bound to have an overwhelming impact on the price fortunes of the market’s altcoins. This was the case at the time of writing as well, with the performances of alts such as Litecoin and Decred bucking speculations that the market’s cryptos are decoupling from Bitcoin. Monero’s price movements,...Read More
Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC]...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market and its impact At the time of writing, the larger crypto-market seemed to be on its way down. In fact, the price of Bitcoin went down by 1.72%, with the world’s largest cryptocurrency depreciating from $9,198.56 to...Read More
Ever since the beginning, when BTC Casino like FortuneJack and others emerged onto the scene of the global gambling industry, it was met with tons of detractors that tried to stop the progress and eliminate the new technology. The first reaction of most of the countries in the world was to block all advancements of...Read More
Binance Coin, Tron, and Digibyte, all of these alts recorded a notable fall in their price over the last few hours, perhaps due to a similar drop in Bitcoin’s price. Regardless, these altcoins, at press time, were nearing strong supports on their charts, from which a bounce can be expected. Binance Coin [BNB] Source: BNBUSD...Read More
Disclaimer: The findings of the following analysis underline the instability of movement in the Bitcoin market, with the same likely to steady itself over the next 24-hours The phrase ‘any publicity is good publicity’ is often subjected to a lot of debate in the digital asset industry, with market sentiment often very quick to flip...Read More
The cryptocurrency community was taken by surprise after a giveaway scam perpetrated by hackers took Twitter by storm. However, at the time of writing, the market was yet to register any consequence of note. While many are still speculating over what may have been the intent behind such a stunt, many of the market’s altcoins...Read More
Many of the market’s altcoins shared a brief period of correction on the charts, with Ethereum, IOTA, and Dash all noting a minor decline in price over the past 24-hours. While the latest crypto-giveaway scam on Twitter, one involving Bitcoin and a host of famous personalities, brought a little bit of attention to cryptocurrencies, it...Read More
Tezos, the 13th largest cryptocurrency in the market, is the latest altcoin to note amazing returns, with XTZ surging by 46% in less than 2 weeks. At press time, XTZ’s market cap stood at $2.36 billion, with the crypto positioned right below EOS on the charts. Tezos weekly price chart With the price of altcoins...Read More
There’s a lot of DeFi hype going around. Countless micro-cap projects sub 10 mil market cap. Just remember micro caps are high risk, high reward. Will they catch adoption? Sure big gains are possible, but… Let’s talk first about DeFi itself and what’s behind this hype. Decentralized Finance DeFi is building a new financial system....Read More
Major altcoins have displayed their individual price action in the crypto market. For Bitcoin, the price continued to remain around $9.2K with a 24-hour trading volume of $4.9 billion. Source: CoinStats Litecoin retained higher consolidation over the past month but failed to record any significant movement. For Cosmos, it was more positive than the rest and...Read More
“Blockchain” refers to the name of its mechanism and technology. It is sometimes combined with Bitcoin (virtual currency) or used as a decentralized ledger, but it is different from Bitcoin and is not exactly a decentralized ledger. This will be described later. Feature 1: Autonomous management and zero downtime The blockchain is not a person...Read More
Bitcoin inherits both its strengths and weaknesses, so Matsuo explains that understanding each technology is important for the development of Bitcoin and blockchain. Of these, let him introduce Mr. Matsuo’s story about game theory and encryption theory. Game theory turns the attacker into a miner. Bitcoin has a mechanism called mining. This is a mechanism...Read More
Cryptocurrencies have been attracting attention from industry, academia, and the general public. This paper focuses on Bitcoin as a precedent, and analyses the economic model of a virtual currency system that features transaction fees set by users. Bitcoin systems need a lot of “crowding” to grow their revenue and get the underlying capital, otherwise, they...Read More
If you read this article, it will mean you are interested in crypto trading and want to find legit services that can make your trading process easier. Every crypto trader knows that the crypto market consists of many scam services, and everyone wants to avoid them. Is it possible? Yes, if you know where you...Read More
