Bitcoin has long been called ‘digital gold,’ and true to its name, BTC has proven to be a store of value over the past few years, with the asset yielding better profits than gold or equities. As for gold, well, gold has been revered as the go-to store of value since time immemorial. With the...Read More
Disclaimer: The findings of the following analysis attempt to foresee Chainlink’s price movements until the last week of July Chainlink was launched only in June 2019. However, a few weeks since its 1-year anniversary, the coin’s price on the charts seems to be unstoppable. LINK’s recent movements have been an extension of the recovery it...Read More
Disclaimer: The findings of the following analysis try to analyze the short-term impact of the price movement in Tezos’s market. The fourteenth-largest coin on CoinMarketCap’s list, Tezos [XTZ] was reporting a market cap of $1.93 billion while being traded at $2.62, at press time. With a YTD of 96%, XTZ’s market has already exhibited its...Read More
Many people kicked off 2020 with a lot of optimism, especially community members of the world’s largest cryptocurrency – Bitcoin. However not all things have gone according to plan. With most economies reeling from the effect of the global pandemic and a liquidity crisis pushing BTC’s price below $4k a few months in, Bitcoin price...Read More
If anyone in the community thought Brave browser is living up to its name, well, they might just be wrong. Very wrong. According to a recent tweet by Bold Browser, a newly-minted fork of the Brave browser, they are withdrawing any mention of any association with the latter from all their communications and statements, citing...Read More
With an unexpected pandemic crippling financial markets across the world, people all over have been trying to secure themselves financially. However, a volatile market is no one’s first choice. While many investors are still considering digital assets to diversify their portfolios and mitigate risks, Bitcoin remains the first and potentially only choice for many users....Read More
Bitcoin has been consolidating on the charts for over 40 days now, with its present movement in a way similar to the pattern traced just before a crash. However, while the community continues to remain optimistic due to the recent surge in the price of the market’s altcoins, BTC’s fate, at least in the short...Read More
Bitcoin’s price hasn’t really made the breakthroughs most investors were expecting it to make after the block reward was halved for the third time this year. Despite Bitcoin’s lackluster price action, investor confidence in the coin hasn’t taken a significant beating, with the same evidenced by the overwhelming holding sentiment within the Bitcoin ecosystem. Interestingly,...Read More
The cryptocurrency market, for many traders, is now proving to be a good investment. Despite Bitcoin being stuck in a sideways motion for a long time, the same hasn’t been reciprocated by the altcoin market, with many of these alts showing signs of decoupling from the world’s largest cryptocurrency. XRP Source: XRP/USD on TradingView XRP,...Read More
Many of the market’s altcoins, including Cardano, Cosmos, and Digibyte, are hinting at a retracement after a healthy, exponential pump on the charts. While some of these didn’t have many developments to speak of, others like Cardano showed promise, especially in light of the upcoming hardfork for the implementation of Shelley. Cardano [ADA] Cardano’s price...Read More
With a pandemic still ravaging global markets, many investors have sought to look at it as the best time to make investments that might reap some rewards in the future. In fact, many traders have been looking to diversify their portfolios with the inclusion of digital assets as well, with Bitcoin being a notable part...Read More
Despite Bitcoin’s lackluster performance in the past week, the month of July seems to have provided significant momentum for the altcoin market to surge in terms of its trading price. Popular altcoins like Bitcoin Cash, Monero and FTX Token registered up to 11 percent in terms of a price hike since the start of the...Read More
As the Bitcoin network indicated signs of a bullish rally in the market, the second-largest crypto, Ethereum, was not far behind in indicating signs of an upward trending market. The Etheruem network has been highlighting the strength of the ecosystem, not just with the coin’s position in the market, but along with its extended ecosystem....Read More
Altcoins such as Chainlink, Tezos, and Ontology saw their price surge during the course of the past week. For most altcoins, since the start of the month, their price action has been very positive and in the case of Chainlink, the coin recorded a 42 percent spike in its trading price. Chainlink [LINK] Source: LINK/USD,...Read More
Cardano has seen a massive surge in the last 10 days with its price appreciating by a massive 82%. In the last 24-hours, the coin has seen a surge of 25%, and its market cap has increased from $1.9 billion to $3.4 billion, and now stands as the sixth-largest cryptocurrency in the world. 3-day chart...Read More
‘How to buy Dogecoin?’ This keyword is trending not just on Google but also on Twitter. Dogecoin has pumped a total of 144% since July 06 but is now at 85%. What started as a random Tik Tok video is now a trending topic in the US and more pump seems to be on its...Read More
The performance of Bitcoin has often overshadowed the developments of most altcoins. Even though the impact of BTC’s volatility is visible across all major coins in the market, the independent movement of many major coins has been often neglected. A similar trend has been taking shape in the XRP market despite the sideways movement of...Read More
While Dash and ETH are seemingly bullish, BAT is eying for a retracement to its immediate support. This comes at a time when altcoins are surging while Bitcoin heads down. Ethereum [ETH] Ethereum has seen a small pump leading to the breach of the resistance at $234.43. A retest of this seems plausible but the...Read More
India has an active crypto community with numerous crypto businesses striving to develop the space and work with regulators to form adequate guidelines. After the Supreme Court quashed the Central bank’s banking ban, the crypto businesses got a new lease of life and the country also saw interest from many others to start a new...Read More
For many of the altcoins, the past few days have been very promising. While Bitcoin continues to remain below $9500, many popular altcoins like Litecoin and Ethereum Classic have registered significant gains in the past 48-hours. Source: Coinstats The king coin, however, at press time was trading at $9287 with a 24-hour trading volume of...Read More
The cryptocurrency market has been moving like a crab, sideways. Due to low volatility in the market, the traders have been holding with an expectation of a price surge, but that has only resulted in an increased consolidation. The major crypto Bitcoin has remained under $9.3k for some time now, and due to a strong...Read More
During the past week, many altcoins seemed to have posted substantial gains. Popular altcoins like Binance Coin, IOTA, and Cosmos all surged in terms of their trading price registering a hike up to 30 percent. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin currently occupies 9th spot of CoinMarketCap’s list with a market capitalization of...Read More
Although Cardano has hit a level last seen in 2019, all the coins [Zcash and Stellar Lumens], show a potential retracement soon. However, the same might not apply to Cardano, especially with the recent Shelley update. Cardano Cardano’s price stands at $0.106 per token and has a market cap of $2.52 billion making it the...Read More
Crypto investors have been eager to trade in a rallying market, however, at the moment the market has been consolidating. With the largest digital asset, Bitcoin bouncing between its immediate resistance and support, traders viewed it as an opportunity to continue hodling until the price bounces. Regular traders however were looking at the BTC whales...Read More
For most altcoins in less than a day’s time, their fortunes seem to be gaining positive momentum. The altcoin market often moves in sync with the price action of the world’s oldest and largest cryptocurrency – Bitcoin and the past 24-hours have been no different. Popular altcoins like Bitcoin Cash, Ethereum Classic, and DigiByte all...Read More
The fourth-largest cryptocurrency in the market, XRP is not a stranger to the volatility in the market. Even though the current state of the cryptocurrency market has been consolidated, XRP has been witnessing this stagnation for a long time now. Despite the sudden drop in XRP’s price, like that noted on 9 June, the value...Read More
The Bitcoin market witnessed tremendous selling pressure in the $8.8 to $9.3k range and has been unsuccessful in going above this range. At press time Bitcoin had a trading value of $9265 and a 24-hour trading volume of $6.7 billion. Source: CoinStats Despite pressure in the largest digital asset market, some small-cap assets have remained...Read More
In the past few days, Bitcoin saw a minor movement which had a considerable influence on the altcoin markets. Many coins behind Bitcoin on the coin-ladder have seen isolated swings, one among them is Litecoin, the silver to Bitcoin’s gold. Over the past two days, LTC has surged by over 7.3 percent, defying its short...Read More
Bitmain, the once-dominant bitcoin mining equipment manufacturer, has been struggling with the back-and-forth between Micree Zhan and Jihan Wu. In a new development, Micree Zhan has not only announced a change of bank account but also a new website. On Bitmain’s WeChat group, allegedly controlled by Micree Zhan, a new bank account for the after-sales...Read More
Heralded as the meme coin, Dogecoin has seen a drastic appreciation of 26% overnight as its price rose from $0.00229 to $0.0029, all in a matter of 24 hours. Dogecoin has climbed to the 33rd largest cryptocurrency as its market cap increased from $287 million to $357 million. Source: DOGEUSDT TradingView Dogecoin was on the...Read More
