Bitcoin is the largest cryptocurrency in the world and it is also the most popular. Have you ever wondered why? Although your answer is going to be a quick yes, let’s take a look at why this is so. It is the largest due to its market cap, which is the product of price per...Read More
Ripple v. SEC will have some far-reaching implications for the crypto-industry. In fact, as former SEC Commissioner Joseph Grundfest recently suggested in a letter to Jay Clayton, the Ripple lawsuit will cause “multi-billion dollar losses to innocent third parties.” The lawsuit in question alleges that XRP is a security that must be registered with the...Read More
Binance, the Changpeng Zhao-led crypto-exchange, today is synonymous with the crypto-market. Widely considered as the world’s biggest crypto-exchange, the impact Binance’s operations have on the larger market cannot be understated. In fact, over the past few years, CZ’s Binance has emerged as a monolith of the industry. Ergo, the question – Is Binance too big...Read More
Less than 24 hours after most of the world called curtains on 2020, it is fair to say that Bitcoin closed its shop in the best way possible. It should be noted, however, that for the cryptocurrency market, the past two weeks have been incredibly lucrative. Source: BTC/USD on Trading View Bitcoin crossed its previous...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin has had a phenomenal year, with its price tapping new highs every day. At the time of writing, Bitcoin had just hit $29,300, a new all-time high for the cryptocurrency. This has been...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice In 2020, Stellar Lumens yielded returns of 188%, far better than its competitor XRP, even before the latter’s lawsuit. However, recently, the cryptocurrency saw a drastic drop in its price – 46% in the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero [XMR] may not be among the top 10 cryptocurrencies, but it has been moving in sync with the largest digital asset, Bitcoin. At the time of writing, the price of XMR has been...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The short-term market for most altcoins has been noting a wave-like movement. While Cardano has been moving forward on the developmental front, its price movement has been mostly sideways. The cryptocurrency’s price has been...Read More
The world’s largest cryptocurrency Bitcoin climbed on the charts and headed towards the $29,000 mark and the broader altcoin market followed suit and registered a surge in price. Polkadot was one such example, climbing nearly 12% in the past 24 hours. On the other hand, altcoins VeChain and NEM struggled to maintain positive returns and...Read More
December has been crucial for Bitcoin. During the month, the world’s largest cryptocurrency zoomed past its previous all-time high of $20,000 and is still looking to break more records every single day, and is currently heading towards $29,000. Needless to say, the broader altcoin market has benefitted from Bitcoin’s achievement over the course of the...Read More
Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to Bitcoin’s stark price surge, 2020 has been a defining year. Stablecoins, in particular, saw major developments, both in terms of adoption and regulations. Major Stablecoin...Read More
Cardano Founder Charles Hoskinson took to YouTube recently to share his thoughts on what 2021 holds for Cardano’s governance, calling it “the most exciting year in the history of the project.” After gathering enormous amounts of data and training over 1000 Stake Pool Operators (SPOs), Cardano launched Shelley in July, a development which Hoskinson described...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s market has been devoid of significant volatility, with its charts seeing very dull price movement. Despite its strong bond with Bitcoin, Litecoin has been consolidating on the charts, with LTC yet to see...Read More
2020 has been a monumental year for the cryptocurrency market. For the world’s largest cryptocurrency, Bitcoin, the year saw drastic dips in price as well as a new ATH set during the December 2020 bull run. The larger crypto-space has not only seen increased adoption and greater use cases, but 2020 was also the year...Read More
2020 has been a year of great progress for cryptocurrencies. However, the same cannot be said for crypto-businesses, with these entities facing certain roadblocks this year. A recent example of the same would have to be the lawsuit filed by the United States Securities and Exchange Commission [SEC] against Ripple. Ripple The status of XRP,...Read More
Even though most altcoins have been seeing a price correction taking place, Chainlink has felt the brunt of this correction. The value of LINK has been slipping and has been seen increased pressure from the sellers. After peaking at $12.97 on 27 December, the altcoin has fallen to $11.43, at the time of writing. LINK...Read More
2020 was surprising, chaotic, and exhilarating, and so was Bitcoin. With the year at an end, it is time to whip out those glasses for a perfect 20/20 vision, not to look back, but to peer into the future. The year so far… To sum the year up would be impossible, especially considering the plethora...Read More
Most of the market’s altcoins have registered price corrections on their charts over the past few days. While the past week did see many coins post double-digit gains, the trend may be changing, as evidenced by the past 48 hours. Such was the case for altcoins like ETC, Algorand, and Verge. Ethereum Classic [ETC] Source:...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 price of most altcoins has been mirroring the price movement of the Bitcoin market. Tezos [XTZ], for the past few days, was noting a downward trend as the price tried to stabilize after...Read More
After a few weeks of substantial price movement on the charts, many of the market’s altcoins are now seeing their values stabilize. In the past 24-hours, altcoins like Tron and Synthetix saw their prices settle down, while Digibyte fell by over 8 percent. Tron [TRX] Source: TRX/USD, TradingView Tron, at the time of writing, occupied...Read More
From January to December 2020 – How have crypto-regulations evolved this year? 2020 will always be known as the year the COVID-19 pandemic reshaped the way we as humans function and interact with the world. For most in the crypto-community, however, this was also the year the world realized the true potential of cryptocurrencies. With...Read More
“I do not consider ETC my child and I have no expectations from the project,” IOHK’s Charles Hoskinson said during a recent AMA, remarks that were greeted with surprise by some since he was one of the co-founders of Ethereum back in 2013. While conducting a special New Year’s Eve AMA, the Cardano Founder went...Read More
Thanks to Bitcoin’s price rally in the month of December, many of the market’s altcoins have seen their prices shoot up on the charts. However, the last few days have seen bullish momentum for altcoins like IOTA and Zcash fall, with their prices starting to consolidate on the charts. IOTA Source: IOTA/USD, TradingView IOTA’s price...Read More
Bitcoin’s price action often dictates the overall sentiment of the larger crypto-market, and with the king coin going past resistances at $27k and $28k, many of the market’s altcoins have also followed suit. However, in the last 48 hours, the momentum for altcoins like Bitcoin SV, BAT, and Enjin Coin has slowed, with these alts...Read More
Bitcoin’s price has continued to register tremendous bullish momentum on the charts, something that has, in turn, had a positive effect on the altcoin market. However, there were a few exceptions such as Binance Coin and Ontology, both cryptos that seem to be now enduring a spell of consolidation, while coins like FTX Token were...Read More
New research indicates 78% of the circulating Bitcoin supply, which is 14.5 million BTC, as being illiquid. According to analysts Kilian Heeg and Rafael Schultze-Kraft at Glassnode, increased perception of Bitcoin as a store of value and hodling activity is reducing liquid bitcoin. Illiquid Bitcoin has been increasing this year, which means there will be...Read More
Gold advocate and Bitcoin critic Peter Schiff has become the second most influential Bitcoin figure, ranking below Morgan Creek’s Anthony Pompliano, according to social media analytics platform Lunarcrush. Image Source: Lunarcrush Self-claimed Bitcoin pioneer and podcaster, Max Keiser who ranked fifth has often criticized Peter Schiff for his opposing views on Bitcoin. However, Schiff has...Read More
On the back of Ripple being charged for illegal securities offerings by the SEC and XRP tanking on the price charts, it seemed understandable if any XRP bag holder was nervous about their portfolios. However, those weren’t the only concerns doing the rounds. In fact, one might argue that a more pressing concern is emerging...Read More
Monero traded within a range, but the past few hours saw the price approach the $164 level of resistance once more. It has stayed above the mid-point of the range over the past week, which was a bullish development. Dash formed a scallop trading pattern that was not yet confirmed to be tradeable, while Augur...Read More
Chainlink formed a triangle pattern and could see a breakout over the next few days, although the direction of the breakout was unclear. Algorand traded within a range, with a particularly stiff level of resistance at $0.35 that bulls have been unable to overcome over the past month. Tron sank beneath a crucial region of...Read More
