Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The rallying Bitcoin market has been driving prices of the altcoins. Binance Coin has been among the top altcoins in the crypto market and it has been noting a sharp rise in its price....Read More
Early mover advantage is the advantage a company/person gains by being the first to introduce a product to the market. One prominent example would be Amazon, which created the first online bookstore, established its presence and brand value. This same advantage also applies to Bitcoin, the first cryptocurrency working on blockchain technology to employ a...Read More
Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was trading at $139.57, right atop the $139 level of resistance it was...Read More
Bitcoin’s birthday bash has begun with the coin reaching a new all-time high at $34,800. This new all-time high has been a result of a year-long struggle of Bitcoin after grappling with the impact of COVID-19. The year 2020 had been filled with challenges for cryptocurrencies has emerged stronger from the adversities and paved the...Read More
Bitcoin has hit new all-time highs quite a few times in the last week. At the time of writing, bitcoin has struck a high of $34,830. Clearly, bitcoin is in a bull run, especially with Coinbase striking, what could be, potential OTC deals pushing BTC out of exchanges. With more BTC being bought up by...Read More
Bitcoin’s performance has been unparalleled and as the market marvels at the performance of the world’s largest cryptocurrency, the second-largest crypto, Ethereum [ETH] has surpassed $800 and reached $851. This value of ETH was last seen in May 2018 and as the rally in the BTC market gains momentum, the alt season may kick-off with...Read More
The Bitcoin market is roaring with an all-time high at over $34k and the remaining altcoin market has been following its lead. Interestingly, Chainlink has not been witnessing the same momentum in its market. Despite the grand rally in the BTC market, the price of LINK has been moving with a reduced momentum. At the time...Read More
In sync with Bitcoin’s price movement, Litecoin also noted a strong uptrend in the past few days. The coin has been able to secure an 11 percent price hike in the past 24-hours as Bitcoin surged past key levels of resistance around the $33,000 price level. At press time, Litecoin was being traded at $140,...Read More
Ethereum was strongly bullish on the charts as the dip to $700 never came, but instead, a boost to $789 was noted on the charts. Stellar Lumens slumped in the face of sellers, while FTX Token also surged and was trading at $6.38. Ethereum [ETH] Sorry: ETH/USD on TradingView Ethereum had a strongly bullish outlook...Read More
Over the past six days, Polkadot [DOT] appreciated by 82% from $5.2 to post a high at $9.51 and at the time of writing was trading at $8.52. It held the sixth rank on CMC with a market capitalization of $7.58 billion. DOT 4-4our chart Source: DOT/USDT on TradingView The 4-hour chart showed the extraordinary...Read More
Binance Coin had neutral short-term momentum but could sink to $36 over the next few hours and retrace some gains from recent weeks. Tron labored under long-term selling pressure and was likely to sink to the $0.0258 level of support within the next three days, while Basic Attention Token also appeared likely to lose a...Read More
Ethereum reached a high of $759, a value ETH previously held in April 2018. Etheruem bulls would seek to hold on to the $725 and $700 levels of support over the coming days in the case of a dip. Dogecoin also saw fantastic gains over the past few days and could be set to retrace...Read More
The Ethereum [ETH] market has been seeing increased momentum that has been driving the price of the cryptocurrency in the past few months. Amid the active spot market, the active supply of Ethereum has been dropping to new lows. According to the data provider – Glassnode alerts, the active supply of ETH measured on a...Read More
Bitcoin Cash formed a bullish triangle pattern on the chart and could see a move to the upside after testing the $326 level of support. Monero plunged on the news of delisting privacy coins on Bittrex, while IOTA traded within a range and lacked momentum toward either direction in the short-term. Bitcoin Cash [BCH] Source:...Read More
Litecoin and VeChain lacked momentum in the market and appeared to be in a phase of consolidation and saw low trading volume. Algorand saw a breakout to the upside and targeted the $0.54 level. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin struggled to break past the $130 mark over the past few days. Its bullish...Read More
Bitcoin has hit yet another all-time high going past $30k and amid this raging market activity, the community witnessed great sums of Bitcoin [BTC] being transferred from top exchanges like Bitstamp to Coinbase. An advanced crypto tracker on Twitter, Whale Alert has highlighted many such transfers from prominent exchanges and wallets ending up in Coinbase....Read More
Ripple has received its first installment of 1 billion XRP in 2021 from its escrow as per the distribution model it had announced. However, the firm did not receive a full 1 billion XRP, but 900 million. The crypto movement tracker on Twitter – Whale Alert, informed the community of the released fund in three...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market was rallying once again and had been trading at an all-time high of over $29k at the time of writing. This surge has injected life into many of the market’s altcoins....Read More
Bitcoin has managed to hit yet another all-time high as it surpassed $30,000 today. The largest cryptocurrency has been witnessing great momentum in the market which has helped it report new highs over the past month. Source: TradingView Unlike 2017, the 2020 ATHs were a result of growing interest in the coin. This was due...Read More
An exploit has been discovered on yCredit, only a day after the protocol was launched, according to sources. IMPORTANT The yCredit contract is vulnerable to an economic attack that can cause loss of all user funds. If you deposited into the contract using Etherscan or bought yCredit on Sushiswap, withdraw or sell it immediately. I’ll...Read More
Cryptocurrencies surged in the past year, as market participants recorded sizeable returns and mainstream adoption increased significantly. Crypto rewards platforms too benefited from these developments, noting record high-interest payments to clients on numerous cryptocurrencies deposited. Rewards platform, Celsius Network announced earlier today that it will be adding Cardano [ADA] to the list of supported cryptocurrencies...Read More
“The delisting of privacy coins from regulated exchanges was the inevitable escalation in government attempts towards totalitarian financial surveillance.”, Andreas Antonopoulos stated on Twitter, following the latest announcement from Bittrex. The Crypto exchange announced on Friday that it will be delisting Monero (XMR), Zcash (ZEC), and Dash (DASH) on Jan 15. While the Exchange did...Read More
Ethereum 2.0 has been touted as a transition to a better consensus mechanism, and this particular ‘transition’ has been under research for the better half of the past year. The development process was initiated in 2018 and it took a while to reach Phase 0. Over the past 18-20 months, the Ethereum Foundation dealt with...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash has held up better than most altcoins in the market, with BCH still in the top-10 on CoinMarketCap’s charts. While in 2020 it yielded slow returns of just 42%, BCH didn’t see...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum, the king of the altcoin market, has seen a considerable surge on the price charts lately thanks to Bitcoin‘s bull run. At press time, Ethereum had hit a price level of $743, a...Read More
Many central banks around the world are now engaged in some type of CBDC exploration. Time and again, they have claimed that digital currencies could provide far better oversight into monetary movements. Governments that seek to combat money laundering and corruption have all come to the conclusion that CBDCs can help them trace illicit activities. ...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP, a cryptocurrency that was once contending for the 2nd position of CoinMarketCap’s charts with Ethereum, has now slipped down to 4th on the rankings, a slide that might just continue in the near-term....Read More
Bitcoin may be a store of value for a few, a hedge against inflation, or digital gold for many. The asset’s institutionalization has made one thing clear, Bitcoin is not for weak hands and it may mean different things to different people. It may be an asset class like commodities, a legitimized medium of exchange,...Read More
Comparing Bitcoin with the traditional asset class and commodity assets such as gold has been a common theme in 2020. However, while most assets were unable to compete with Bitcoin’s ascendency in terms of RoI, Tesla did it better. In fact, almost 3 times better. In order to understand the dynamics on a grander scale,...Read More
The past year was punctuated by a series of extreme peaks and troughs. In spite of that, however, there is an assured collective acceptance of Bitcoin, one that is palpable. 2020 particularly was dominated by numbers and growth. Here are a few highlights, Crypto’s collective market cap increased by 284% Bitcoin Year to Date spike...Read More
