Chainlink did not have strong buying interest behind it as its price appeared to break out of a continuation pattern, one that invalidated the break. Waves, on the contrary, saw rapid gains and could post more, although it also showed some important levels to watch out for in case the surge north broke down. Finally,...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice In a development that was received well by many of its proponents, XRP’s price rose substantially on the charts over the past few days. However, with most altcoins’ price action being dictated by Bitcoin’s...Read More
Stellar Lumens was on its way to flip a level of resistance to support while moving higher on the charts, at the time of writing. On the contrary, DeFi tokens saw a surge after investors piled in on the first sign of strength and Aave doubled in value over the past few days. Finally, FTX...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s short-term market and its impact on the price The value of the cryptocurrency popularly dubbed “digital silver” received a boost after it climbed from $58 to $66 in a matter of hours. In fact, Litecoin‘s price, for a while, had...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
Despite Bitcoin’s share of the market holding steady over the last few weeks, the world’s largest cryptocurrency’s price movement, owing to high correlation stats, continues to exert a lot of influence on the movement of other cryptos. The same was highlighted by the price performances of Tezos and STEEM. However, the same wasn’t evident when...Read More
Bitcoin’s performance over the past few days has had a significant impact on the rest of the crypto-market. While the collective market cap surged, individual tokens on the charts prospered as well. However, this wasn’t the case universally as quite a few cryptocurrencies chose to move in the opposite direction. The cases of Monero, Ethereum...Read More
OTC (Over-the-counter) trading is an increasingly popular way to trade cryptocurrency. It is estimated that OTC daily volume size is between two to three times the size of public exchanges. Yet despite the large trading volume, OTC trading remains largely unknown to a large number of traders and users. How does OTC trading work Over-the-counter...Read More
Following a period of sideways movement under the $11,000-mark in the month of September, Bitcoin’s price has risen dramatically on the charts. In fact, while October saw the cryptocurrency surge, November has seen BTC touch levels unseen since January 2018. Source: CoinStats Bitcoin’s performance has had a ripple effect on the rest of the crypto-market,...Read More
With Bitcoin continuing to hover very close to its $16k-resistance level, many of the market’s altcoins are now having to endure prolonged periods of sideways movement. Such was the case for altcoins such as Binance Coin, Polkadot, and VeChain over the course of the previous week. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s price...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the EOS long-term market and its impact on the price EOS, like some altcoins, has been sinking lower on the charts with every passing day. This, even as Bitcoin and some other major crypto-assets consolidated. However, if one were to view...Read More
Bitcoin’s price, at the time of writing, continued to remain close to the much-anticipated $16K-level. Owing to their high correlation to the world’s largest cryptocurrency, many of the market’s altcoins benefited as expected. In fact, popular altcoins like XRP, Synthetix, and NEM saw their prices surge over the past week. However, over the last 24-48...Read More
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Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Chainlink’s short-term market and its impact on the price Unlike most, Chainlink has not been highly correlated with Bitcoin, with the impact of the same very visible on its market. In fact, the value of LINK has been moving in a...Read More
Bitcoin rose to $15,610 and the Crypto Fear and Greed Index showed a greedy value of 86, in what has been a week of extreme bullish sentiment toward crypto. Binance Coin formed a pattern that could see a breakout imminently, while the coin itself lacked momentum over the past few hours. IOTA could bounce off...Read More
Bitcoin held its ground at the $15,400 level. The king of crypto has not moved in a major way to either side in the past week, and could pave the way for some altcoins to recover. Source: CoinStats Bitcoin SV appeared to be headed for losses as it traded above a region of demand, while...Read More
Litecoin formed a bearish pattern and could be poised to drop lower while Tron registered slight gains in recent hours on a bounce off support. Algorand was retracing after a downward move, and a strong rejection at an important level of retracement could signal that its short-term bounce was at an end. Litecoin [LTC] Source:...Read More
Cardano rose past a region of supply and could be headed further upward to resistance. Cosmos retraced some of its gains from the previous month and was headed higher, but could see a drop in the coming hours while Basic Attention Token was in a long-term downtrend, and the bears were likely to impose themselves...Read More
Monero was in a downtrend that could see the crypto-asset lose a level of support to the bears. Polkadot was trading within a relatively tight range over the past few days and could continue to do so over the next few trading sessions. VeChain had a bullish outlook in the near-term as it flipped a...Read More
Bitcoin spent a large part of the past few days trading in the vicinity of $15,400. It was valued at $15,361 at press time and its sideways movement appeared to benefit some altcoins. Source: CoinStats Binance Coin appeared poised for a breakout, while IOTA’s bullish momentum faded. BAT showed a divergence that could take it...Read More
Chainlink and Cosmos had a bullish bias as the altcoin market in general looked healthier than they had been a few days ago, with DeFi coins performing exceptionally well. Aave could see a pullback after nearly doubling in value in the past few days, and it remained to be seen if bulls can drag AAVE...Read More
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the same time period. Dogecoin also made gains in recent days but its bullish momentum could be weakening. Bitcoin...Read More
Trade volume on spot exchanges fell by 25%, while ETH Futures trade volume spiked. This implied that traders feared a correction. On the charts, Ethereum formed a symmetrical triangle that could see a breakout in the coming days. Tezos was in an uptrend but had not yet assailed an important level of resistance. Dash showed...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice In a previous article, Ethereum’s make or break moment was explained as the cryptocurrency’s price nearly broke out of the massive bearish pattern. Since then, a lot has changed for Ethereum and this article...Read More
We feel very proud to be able to announce the imminent launch of NavCoin’s brand new privacy method blsCT, which is a ground-breaking and interactive mixing protocol that enhances the anonymity of a transaction through the combination of the Boneh-Lynn-Shacham (BLS) signature scheme with Confidential Transactions. The former enables us to hide both the amount...Read More
Litecoin’s most recent bounce off the support level appeared not to have the backing of willing buyers, with the same suggesting that a drop in price was imminent. There was also a level of strong resistance just above Litecoin, a level it might not be able to test over the next few days. Polkadot was...Read More
Swingby is the “warp-speed” protocol for inter-blockchain swaps. It allows all DeFi users to move assets between blockchains without a trusted party. Today, Swingby announces its first mainnet network will be released on the 28th of December; it will bridge native Bitcoins onto Ethereum via Wrapped BTC (WBTC). The initial bridge will enable the most liquid...Read More
Disclaimer: The findings of the following article ar the sole opinion of the writer and should not be taken as investment advice Binance coin is perhaps among the few exchange tokens that are not just alive, but kicking too. Plenty of exchange tokens are on the market today, but none holds as much promise as BNB....Read More
Cardano registered a strong surge over the past few days, but the market’s bulls seemed to be exhausted by the time of writing. ADA’s reaction at important levels would indicate whether buyers or sellers were in control of the market. Filecoin had a few quiet trading sessions over the past few hours and could see...Read More
The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed by an audited and public underlying where the money from the sale of the token is entered, but which in turn tries to increase in value, to positively impact the price of...Read More
