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Bitcoin was trading at $10,381 at the time of writing, after registering a low of $9966 yesterday. As long as Bitcoin does not close under the $10,000-level, a case can be made to suggest that it will be in a consolidation phase after the sell-off, above its support level. In fact, many altcoins noted massive...Read More

Disclaimer: The following article attempts to analyze the emerging patterns in Litecoin’s long-term market and their impact on its price  The rally is out and most of the market’s cryptocurrencies have lost their peaks as the market crumbled. Litecoin [LTC] was one of these cryptos, with the altcoin’s high correlation with Bitcoin [BTC] pushing it...Read More

Earlier in the week, Bitcoin ended up losing over 5 percent of its trading value in around an hour’s time. In line with the crypto-market’s long-standing tradition, this price drop went on to affect the rest of the altcoins too, with BCH being one of them. Bitcoin Cash’s price action had looked promising all throughout...Read More

Chilean cryptocurrency exchange, Buda.com has denied allegations that it transferred client funds without authorization, a local news site has said. Per the report Itau bank now known as Itaú Unibanco, a private sector bank based in São Paulo, Brazil filed a lawsuit against the exchange and that both the bank and the exchange were set...Read More

Tether has become more mainstream than ever. It ranks third with a market capitalization of $13.7 B with its market dominance having increased by 2.9% since August 31, 2020. Source: CoinMarketCap However, this level of dominance and explosive growth makes it an outlier in stablecoins. Tether was introduced as the ‘digital dollar’ for facilitating entry...Read More

The effects of Bitcoin’s recent collapse were far-reaching, with many of the market’s altcoins noting repercussions on their own price charts. The likes of Bitcoin Cash, Synthetix, and VeChain weren’t immune to these effects either, with all the value of all these alts falling dramatically. It should be noted, however, that the depreciation in the...Read More

Binance may have entered the derivatives space late, but within no time, it has established its place in the market and among users. The reason behind its success was the variety of altcoins offered by the exchange along with the major coins. 2020, has been the year of DeFi and Binance realized this and added...Read More

Brazil Central Bank President, Roberto de Oliveira Campos Neto, announced that plans to have a digital currency by 2022. In an interview with Bloomberg Markets’ Editor, Erik Schatzker, Neto said that Brazil’s central bank digital currency or CBDC will modernize the country’s banking system. According to Neto, Brazil’s central bank leadership in 2019 led to...Read More

Bitcoin may be the dominant cryptocurrency in terms of its market cap, but altcoins have gained a lot of attention this year. Chainlink [LINK] has been one such altcoin, that grew exponentially over the past few months, providing investors massive gains. There have been several products introduced by exchanges to invite more user interest on...Read More

Many in the community sighed with relief after Bitcoin arrested its fall on the 2nd of September by holding steady around the $11,300-mark. However, this wasn’t to last as over the next 24-hours, a bloodbath ensued, with the world’s largest cryptocurrency falling to under $10,300, at the time of writing. As is usually the case,...Read More

The cryptocurrency market is well-versed with the subject of volatility. Such volatility has not only helped many a crypto-asset break out of its sideways movement on the charts, but the same has also precipitated sudden sell-offs. Traders often use volatility in their favor to hedge against potential risks in the market, while avoiding unexpected price...Read More

Decentralization has been the key differentiator between the world of cryptocurrencies and that of traditional finance. However, over the past decade, as cryptocurrencies like Bitcoin grew in popularity and more products were introduced, crypto-exchanges were the ones to cement their position as the industry’s most dominant entities. Interestingly, with the monumental growth of the DeFi...Read More

Disclaimer: The following article attempts to analyze the emerging patterns in the long-term Tezos market and its impact on the price  Tezos [XTZ] was among the market’s best-performing assets in 2019. It has continued to do so in 2020, with the digital asset noting YTD returns of over 110%, at the time of writing. However,...Read More

Bitcoin may have been confined to certain price levels, forcing it to endure quite a bit of sideways movement, over the past few months. However, parallelly, the DeFi space has registered a major boom. The growth of DeFi this year has also raised questions about the sustainability of the platform it is based on –...Read More

In retrospect, LINK seems to have topped at $21. Since touching the aforementioned price point, LINK has slowly but surely headed down the charts, with the same valued at $14.56, at the time of writing. In fact, Chainlink’s market cap has fallen by ~$500 million in the last 24 hours alone. At the time of...Read More