Despite reports suggesting that many of the market’s altcoins may be decoupling from Bitcoin, the valuations of these alts, by and large, remain dependent on the fortunes of BTC, the world’s largest cryptocurrency. This can be established by the fact that much of the market is still to recover from the cryptocurrency’s fall on the...Read More
On July 1, a new deposit contest has started on KickEX, a next-gen crypto exchange, licensed and regulated in the European Union. It specializes in advanced trading features suitable for both beginners and professionals. There is an advanced trading interface with analytics tools and industry-first trailing and double stop orders. Besides, traders can benefit from...Read More
Disclaimer: The following analysis traces Tezos’s [XTZ] price movements that led to the price breakout, while also identifying its important support points The fate of most cryptocurrencies is intertwined with that of Bitcoin [BTC], the world’s premier cryptocurrency, due to its high correlation with the market’s altcoins. However, with Bitcoin’s market consolidating over the past...Read More
Among XRP, Cosmos, and Dogecoin, the meme coin [Dogecoin] seemed to note the best YTD performance, at press time. Odd, isn’t it? The coin was up 14.61%, while Cosmos was down 8% and XRP by a whopping 38%. The takeaway from this is that even though altcoins are all correlated, this difference is what makes...Read More
As Bitcoin’s price continued to struggle below the coveted $10k mark, the altcoin market was also one to endure significant losses and bearishness. Over the past week, popular altcoins like Bitcoin SV, Monero, and Basic Attention Token have seen their prices drop by up to 17 percent on the charts. Bitcoin SV [BSV] Source: BSV/USD,...Read More
Privacy? What privacy? While most users of Bitcoin and other cryptocurrencies value their financial privacy, not all of them understand the true nature of Bitcoin. Bitcoin does not guarantee anonymity, but only pseudonymity. This was perhaps the misconception held by a convict who recently lost his appeal before a court in the United States. The...Read More
Many of the market’s altcoins have been noting steady and marked growth on the charts over the past few days. However, such a price appreciation, unusually, was not led by Bitcoin, with the king coin moving sideways lately while facing a lot of bearish pressure. Cardano [ADA] Source: ADA/USD on TradingView The sharpest performer among...Read More
Disclaimer: The findings of the following analysis attempt to foresee how the price will unfold over the course of a few days to weeks. Chainlink’s journey has been nothing short of amazing. From a price point of $0.19 per token, the coin has managed to hit $4 in less than 3 years. In fact, at...Read More
Disclaimer: The findings of this analysis attempt to foresee Bitcoin Cash’s [BCH] price movements over the next 24-hours. Prominent Bitcoin fork, Bitcoin Cash [BCH], may have managed to form a different chain due to differences, but its correlation with Bitcoin has ensured BCH’s price remains stagnant too. Even though Bitcoin Cash has managed to recover...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24 hours Since 24 June, XRP’s value has dropped under multiple short-term support levels on the charts, with bearish pressure having taken over the crypto-asset. Here, it should also be noted that of all the top 5 crypto-assets in the ecosystem, XRP continued...Read More
Disclaimer: The findings of the following analysis are split into two. While the findings of the first half are long-term in nature and can be foreseen to take place over the course of the next week, the other findings can be expected to take shape in the next day or two Cardano’s movement since the...Read More
A tepid 24-hour period in the digital asset industry saw little movement among altcoins as the 3rd quarter of 2020 commenced. While the collective market cap of the cryptocurrency industry remained unchanged at $260 billion, Bitcoin continued to hold a dominant share of 64.8 percent in the market. Ethereum Classic [ETC] Source: ETC/USD on TradingView...Read More
Disclaimer: The findings of the following analysis should materialize by mid-July June 2020 hasn’t been smooth sailing for XRP, the market’s fourth-largest cryptocurrency. After the dramatic decline in March, XRP peaked on 29 April after touching the price point of $0.23. Since then, however, it has been all downhill for the cryptocurrency. In the month...Read More
After noting a series of pullbacks over the past week after Bitcoin fell, many of the market’s alts, again closely following the king coin’s price movements, appeared to be consolidating, at the time of writing, with the collective market cap rising to $260.3 billion. Bitcoin [BTC] Source: BTC/USD on TradingView Bitcoin enjoyed a rather flat...Read More
Bitcoin has taken the world by storm. It has been more than a decade since the world’s premier cryptocurrency first came into existence and since then the technology around it has substantially advanced and evolved with the rapidly changing world. Over the years there has been a significant increase in the market participants as well....Read More
Bitcoin’s market has recovered well from its fall a few days ago, a fall during which the price of the world’s largest cryptocurrency plunged below its support levels and even below $8900. As is almost always the case, the altcoin market followed suit, with many of them on the path to recovery too, at press...Read More
Disclaimer: The conclusions of the following article attempt to foresee Ethereum’s price movement, leading up to a potential breakout in the first week of July. Ethereum noted a sharp decline in value over the past week, a decline that followed a brief upswing that saw the token going close to $250. The latest pullback in...Read More
Event scheduled for July 2nd-3rd, 2020 Speakers will include one of the ‘fathers of the internet’ Vint Cerf, and other industry titans TBA Summit will take a deep dive into Cardano and the scientific research underpinning it, as well as revealing the latest advances in blockchain technology, with applications both in the developing world and...Read More
The price of Bitcoin once again dipped under $9k and bounced back a little above $9.1k. This plunge was visible in the altcoin market and a similar recovery was noted at press time. Bitcoin Cash [BCH] Source: BCH/USD on TradingView With the cryptocurrency market noting a shakeup, the fifth-largest coin in the market has been...Read More
At the time of writing, Cardano recorded YTD gains of 134.84%. While many smart-contract coins have witnessed notable upticks, it was ADA that posted an impressive rally, outperforming its contemporaries over the past couple of weeks. As the release of Cardano Shelley code on 30th of June remains on schedule, the price of the native...Read More
Following the latest market dip, Litecoin’s value lost momentum and fell close to its previous support level. At the time of writing, LTC was being traded at $41.14. The seventh-largest cryptocurrency had noted a minor uptick over the past couple of weeks which coincided with rising on-chain metrics. However, the abrupt fall further dragged the...Read More
Bitcoin dipped down to $8,830 yesterday, however, it closed only 1.63% below from where it opened. While this is a relatively small move, the price seems to have conformed to a downtrend due to consecutive lower lows and highs. To understand what’s happening on the lower time frame and why Bitcoin is heading down, it...Read More
With Bitcoin edging below $9,000, you can be sure of an effect on altcoins. Ethereum, the largest altcoin is leading the charge and is moving down deviating out of its long-held patters, and following suit are Tezos and Chainlink. Ethereum Source: ETHUSD via Trading View Since reaching a high of $250, Ethereum managed to hold...Read More
For the crypto market, the price action of Bitcoin is extremely crucial. Most altcoins tend to follow Bitcoin’s price movement rather closely. In the past 24-hours, Bitcoin’s price dipped by over 2 percent taking the king coin’s price to $8974 with a 24-hour trading volume of $7.2 billion. Source: CoinStats As Bitcoin fell below the...Read More
Disclaimer: The following analysis attempts to foresee Litecoin’s movements until the second week of July Litecoin’s fortunes in 2020 have turned out to be fairly positive. However, for the world’s seventh-largest cryptocurrency, its price action in the month of June wasn’t as promising, to say the least, with the price noting a slight dip and...Read More
Disclaimer: The conclusions of the following analysis should materialize over the next 24-48 hours June continues to get worse and worse for the market’s fourth-largest crypto-asset, with XRP continuing to slide down the charts, despite strong support at certain price points. On 24 June, XRP registered another significant drop as the asset dropped below its...Read More
Ethereum facing the heat? It would seem that the group behind the PlusToken, one of the industry’s biggest scams, is becoming more active by the day. Just a few days after PlusToken moved over $65M in EOS between wallets, an ETH transfer worth $186M was initiated. While the said transaction was, briefly, stuck in a...Read More
The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had fallen to $262.45 billion, while Bitcoin’s dominance stood at 64.5%. As Bitcoin’s price slid to $9,189 at the time of writing,...Read More
Disclaimer: This article attempts to foresee Bitcoin Cash’s [BCH] price movements over the next 24-hours. Spawned out of a Bitcoin hard fork due to bitter ideological differences between both camps, Bitcoin Cash [BCH] has been lying low after a massive fall on the 24th of June. While the coin remained fairly stable throughout the year...Read More
The past few days have seen Bitcoin’s price drop to close to $9000, and as expected, many of the market’s altcoins were quick to mirror the price action of the world’s largest cryptocurrency. In fact, since the early hours of 23 June, the prices of Bitcoin and popular altcoins such as Monero and Dogecoin have...Read More
