While the cryptocurrency world is ensconced with news of Bakkt confirming their September 23 launch of BTC futures, the altcoins are looking in awe. At press time, none of the heavyweight alternates to Bitcoin are trading in the thick of the green. Litecoin, fresh off its halving, has been on a downward slump, dropping by...Read More
It has been a tough 24 hours for XRP and Ripple. Over the last 24 hours, Ripple has suffered a massive devaluation for over 10 percent, taking its valuation to a a new low for 2019. However, Xpring, Ripple’s XRP adoption initiative, recently revealed a collaboration with Coil and announced that Xpring had granted 1...Read More
A recent report by The Tie.io highlighted over-hyped cryptocurrencies on Twitter, and the details are not surprising. Less popular cryptocurrencies with low trading volumes exhibited high “Hype-to-Activity” ratios on Twitter, a social media platform that has become a battleground for scam bots and FUD stompers of the cryptocurrency market. The Hype-to Activity metric measured the...Read More
The Tron Foundation released its latest DApp Review, with the report revealing its growing dominance in the DApp ecosystem, as well as the increased use of smart contracts which surged to 1362 last week. The report highlighted the addition of two new DApps to the ecosystem; namely, Tron Name Service (TNS) and Zethyr Exchange. Tron...Read More
On July 8, Bitfinex, the noted cryptocurrency exchange, had announced the spending of 27% of all accrued margin trading fees to buyback and burn UNUS SED LEO tokens. In an update for the same, the exchange today informed the community of completing the redemption and burning of these LEO tokens. Bitfinex tweeted, “The new UNUS...Read More
The cryptocurrency market is as unpredictable as it gets. Volatility is always prominent and in order to predict an accurate trend, you almost need the ability to foresee the future. However, certain factors in chart analysis do not deceive, as prices often mediate between certain ranges. The breach of an estimated range or resistance is...Read More
The collective cryptocurrency community was excited after Bitcoin prices soared higher and the bulls marched towards the $10,000-mark. As bullish sentiment prevailed in the cryptoverse, analysts have taken to social media to share their speculations on the crypto’s performance. Lark Davis, host of the popular YouTube channel The Crypto Lark, said that the $10,000 is...Read More
Bitcoin’s [BTC] prices saw a sudden rise today, causing it to break its previous immediate resistance. Bitcoin also registered its biggest high of 2019. However, after the last candle closed, the coin was starting to dip. At press time, BTC was valued at $5,687.53 with a market cap of $100 billion. The 24-hour trading volume...Read More
Bitcoin’s [BTC] recent volatile fluctuations can be linked to the recent drama surrounding cryptocurrency exchange Bitfinex and their Tether [USDT] holdings. However, hours before the event, one exchange saw a massive Bitcoin price fall, leading to speculation surrounding pre-existing information about the market dip. Kraken, the American cryptocurrency giant, saw a notable “dump” of Bitcoin,...Read More
Most major cryptocurrencies on CoinMarketCap have been under the spell of the bear and continue to fall, at press time. However, if the long term performance of the coin is to be considered, most major coins have managed to register significant returns since the beginning of 2019. Ran NeuNer, crypto influencer and Founder of Onchain...Read More
Security breaches in the cryptocurrency space have been a common phenomenon, with several attacks having occurred over the past couple of months and resulting in the loss of cryptocurrencies worth millions. The latest malware attack in the world of digital assets is ‘Beapy,’ and reports have stated that the malware has been used to hijack...Read More
