Bitcoin is not acting like a cryptocurrency when its volatility is sinking and it’s highly correlated with the stock market. And right now, both those things are happening. Since the beginning of May, the cryptocurrency which lost 50 percent of its value in a 15-hour window earlier in the year, is trading in a surprisingly...Read More
Despite Bitcoin’s price being stuck well below $9500 mark, altcoins seem to be registering quite a lot of varied price action. While Bitcoin Cash and Dash saw a minor drop in their trading price in the last week, Tezos has benefitted quite substantially with its price surging by close to 30 percent. Bitcoin Cash [BCH]...Read More
Cardano has been the pick of the altcoins since Bitcoin crashed in March. The now seventh-largest cryptocurrency in the market has amassed market capitalization of $3.1 billion, ahead of another rapidly surging altcoin Chainlink, market cap $2.74 billion. ADA trails Bitcoin Cash and its hardfork Bitcoin SV, in fifth and sixth positions respectively, but given...Read More
The twitter hack sure garnered a lot of attention to the largest crypto asset, Bitcoin. However, the incident did not manage to shake it out of its price slump. Even though the price dipped by a little and reached its immediate support at $9k, the BTC market continued its stagnated journey. This noted the 24th...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market The consolidating price of major altcoins has not restricted the growth of smaller alts like Chainlink [LINK]. Chainlink’s market had been marching up, while the largest digital asset Bitcoin [BTC] was bouncing around the same price levels....Read More
The more obscure the market, the more obscure the currency used is not true for the darknet. The underbelly of the underbelly of the internet, the darknet is that part of the deep-web which is beyond the reach of traditional browsers and search engines. Within this darknet lies a slew of digital markets where all...Read More
The cryptocurrency market has been noting varying price action across the spectrum of coins in the past few weeks. Bitcoin – the world’s largest cryptocurrency continues to be stuck in a sideways movement with a trading price of $9136 and a 24-hour trading volume of $4.1 billion. Source: CoinStats For altcoin’s like VeChain and Dogecoin,...Read More
XRP, the fourth largest cryptocurrency in the market has not had the best of years. Beginning the year in good spirit with some optimistic price action, it was soon overshadowed by Ethereum and later Bitcoin and its erratic movement. Even with the king coin losing 50 percent of its value, and beginning the second quarter...Read More
Disclaimer: The following price prediction analyses the emerging price trend in the market and its impact. Ethereum’s price was able to breach past the resistance at $226 and reach $249, however, with the resistance so close at $250, the coin retracted. The second-largest digital currency has been bouncing around $227 and $250 for the past...Read More
A lot has been said about Ethereum 2.0 over the past few months, and with the growing anticipation, its functionality and economics have been under scrutiny but a concrete evaluation hasn’t been conducted yet, until now. After receiving significant funding from MolockDAO, Consensys’s Tanner Hoban and Tom Borgers have combined their effort to review the...Read More
With Ethereum’s imminent move to Ethereum 2.0, the process of staking will be introduced by the blockchain network, and the $26 billion worth of Ethereum will all be convertible into yield-bearing assets. Now, Stefan Coolican, President of Ether Capital recently explained that the eventual shift to staking would potentially transform Ethereum into a digital bond,...Read More
At the time of writing, to a certain extent, normal order seems to have been restored in the cryptocurrency market. On the heels of Bitcoin stagnating on the charts, many of the market’s altcoins registered losses of their own. At press time Bitcoin was being traded at $9155 with a 24-hour trading volume of $4.5...Read More
Disclaimer: The following price prediction foresees a declining period for the next few days, with the asset possibly breaking out by the end of July. Bitcoin SV registered one of the largest daily surges among its crypto counterparts on 6th July with a growth of 26 percent. The asset continued to maintain its position in...Read More
For most people, Bitcoin is a short bet. Beyond those who look to the cryptocurrency as a means to evade state-controlled finance, Bitcoin is quick-fix or a quick-hit investment, traded on the short-term, owing to its massive volatility and leverage offered. This reality is playing out as we speak. Since the beginning of May, Bitcoin...Read More
The Indian cryptocurrency industry wanted to begin a conversation with regulatory bodies to share their understanding of the space and provide counsel in framing the guidelines for it. In a conversation today Subhash Chandra Garg, the Chairman of the Indian Inter-Ministerial Committee [IMC] noted that crypto can be regulated as a commodity and not as...Read More
As the world’s largest cryptocurrency, Bitcoin is bound to have an overwhelming impact on the price fortunes of the market’s altcoins. This was the case at the time of writing as well, with the performances of alts such as Litecoin and Decred bucking speculations that the market’s cryptos are decoupling from Bitcoin. Monero’s price movements,...Read More
With respect to regulatory oversight, the cryptocurrency market has progressed quite a lot over the past few years. The work of the Financial Action Task Force [FATF] is a notable example, with the FATF coming up with the Travel Rule over a year ago. It recently concluded its third meeting to review the progress made...Read More
Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC]...Read More
Binance Coin, the token of cryptocurrency exchange Binance is faltering in its price-pushes with every passing day. Currently occupying 10th spot on CoinMarketCap’s list, behind Chainlink and Litecoin, BNB amasses a market capitalization of $2.68 billion at press time. But with Crypto.com Coin just behind at $2.57 market cap and the token losing value, an...Read More
For the industry’s Bitcoin miners, 2020 hasn’t turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king coin would be a welcome change. However, saying so could be deemed to be a simplification...Read More
On 16 July, many all across the world saw in horror as one of the most sophisticated hacks in recent memory unfolded before their eyes. This episode saw Twitter accounts of many prominent personalities, from Barack Obama to Elon Musk and Warren Buffett, hacked, all advertising a giveaway that was clearly a scam that involved...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market and its impact At the time of writing, the larger crypto-market seemed to be on its way down. In fact, the price of Bitcoin went down by 1.72%, with the world’s largest cryptocurrency depreciating from $9,198.56 to...Read More
Ethereum was noting a lot of downward pressure on the charts, with its price collapsing from $238.34 to $229.77 within an hour. While at the time of writing, ETH’s price had recovered somewhat, trading at $232.53, the pressure from the sellers continued to linger in the market. Irrespective of the price of the coin, however,...Read More
Binance Coin, Tron, and Digibyte, all of these alts recorded a notable fall in their price over the last few hours, perhaps due to a similar drop in Bitcoin’s price. Regardless, these altcoins, at press time, were nearing strong supports on their charts, from which a bounce can be expected. Binance Coin [BNB] Source: BNBUSD...Read More
Disclaimer: The findings of the following analysis underline the instability of movement in the Bitcoin market, with the same likely to steady itself over the next 24-hours The phrase ‘any publicity is good publicity’ is often subjected to a lot of debate in the digital asset industry, with market sentiment often very quick to flip...Read More
It’s no secret that many institutional investors have taken quite a shine to cryptocurrencies and the digital assets market over the past few months. While the likes of Bitcoin and crypto, in general, have benefitted from clearer regulations (In the case of Bitcoin – its safe haven and store of value narratives have gained substantial...Read More
The cryptocurrency community was taken by surprise after a giveaway scam perpetrated by hackers took Twitter by storm. However, at the time of writing, the market was yet to register any consequence of note. While many are still speculating over what may have been the intent behind such a stunt, many of the market’s altcoins...Read More
Cryptocurrency exchanges hold a very crucial position in the industry. Indifferent to the price of cryptocurrencies in the market, these exchanges generate revenue from the trading fees paid by its users. It’s therefore understandable that there is competition in trading fees offered by exchanges, with lower fees for customers a common trick of the trade....Read More
Many of the market’s altcoins shared a brief period of correction on the charts, with Ethereum, IOTA, and Dash all noting a minor decline in price over the past 24-hours. While the latest crypto-giveaway scam on Twitter, one involving Bitcoin and a host of famous personalities, brought a little bit of attention to cryptocurrencies, it...Read More
Tezos, the 13th largest cryptocurrency in the market, is the latest altcoin to note amazing returns, with XTZ surging by 46% in less than 2 weeks. At press time, XTZ’s market cap stood at $2.36 billion, with the crypto positioned right below EOS on the charts. Tezos weekly price chart With the price of altcoins...Read More
