Ethereum‘s market has been noting tremendous growth lately on the back of various decentralized finance [DeFi] applications. However, it didn’t take long for the growth story to be eclipsed by yet another heated discussion on the credentials of Ethereum. Over the past few weeks, some have attributed such growth to Ponzi schemes running on the...Read More
For most investors, the crypto-market is no longer uncharted territory. Thanks to increasing regulatory clarity and mainstream adoption, institutional investors are now flocking in. With the industry maturing over the past decade, it would seem that North America has emerged to become a very important market, something evidenced by the fact that it has more...Read More
Ethereum saw a 3.4% price rise today as it hit the $389 level. The cryptocurrency had reached as high as $408 earlier in the week and went on to drop into the $380 support. Against Bitcoin, Ethereum fell lower from the 0.035 BTC resistance but found strong support at 0.0326 BTC. ETH/USD: Bulls Set Targets...Read More
Disclaimer: The findings of the following article attempt to analyze the impact of emerging trends in Litecoin’s long-term market and its impact on the price The digital silver to Bitcoin’s gold, Litecoin [LTC] has for long been highly correlated with Bitcoin, the world’s largest cryptocurrency. In light of the recent volatility in the market, LTC...Read More
Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent...Read More
Since it was created, Bitcoin’s aim has always been to prove traditional finance wrong. Now, it seems like this aim is being fulfilled. With every passing day, Bitcoin’s price is either holding firm, surging ahead, or surviving a fallout. Its price performance over the past 3 months is a testament to the same, and this...Read More
Cryptocurrencies, like any other financial asset, have long been used for ransom by illicit actors. Over the years, there have been multiple crypto-scams and Ponzi schemes that have managed to siphon a huge amount of cryptos directly from users, while others have attacked third parties like exchanges with Ransomware or DDoS attacks. Impersonation scams have...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Since the start of the month, XRP has recorded massive gains on the price charts. In a week’s time, the world’s third-largest crypto saw its trading price appreciate by close to 30 percent. While the second quarter...Read More
China’s blockchain growth in terms of newly added firms in 2020 has surpassed the total figure seen in 2017. With support from the government, startups dedicated to developing decentralized ledger technology (DLT) are increasing in number with the country looking to dominate the emerging digital landscape. Current 2020 Figures Topple 2017’s Total In a tweet...Read More
This past week, over 231,000 Bitcoin [~$2.54 billion] and 3.5 million Ether [~$1.05 billion] acquiring profit of over 25 percent were sent, according to the latest market intel report by blockchain analytics firm Chainalysis. This is a bullish market, one where the king coin is priced at over $11,500 (Its highest price since August 2019)...Read More
Bitcoin’s efforts to consolidate its position right below $12,000 were bearing fruit for much of the altcoin market, with many of the industry’s most prominent alts noting significant gains of their own over the past week. Source: Coinstats However, that wasn’t universally the case as many others like Bitcoin SV and Decred fell on the...Read More
Bitcoin Cash‘s price action over the past week has been promising, despite BCH having encountered a strong resistance level that stopped the coin from surging even further on the charts. While the BCH community has been split with regard to its network’s difficulty adjustment, the market’s 5th-largest cryptocurrency and fork coin has managed to stay...Read More
Owing to its overwhelming market dominance and the fact that it shares a high correlation with the industry’s altcoins, Bitcoin and its price movement have always had a major impact on the fortunes of the rest. This has been the case off-late too, with many alts climbing on the back of Bitcoin’s hike in August....Read More
The past week was incredible for Bitcoin. During the previous weekend, the primary cryptocurrency saw its price touching above $12K and dumping to $10,500. A loss of $1600 in a matter of minutes. However, throughout the past week, the price slowly recovered towards the $12K mark once again. On Thursday, when it seemed that a...Read More
The cryptocurrency market has been waiting for a rally since the beginning of the year. However, while the bulls were all set to push the market north, events such as the COVID-19 pandemic intervened to restrict the movement of crypto-assets. Now, once again, analysts are highlighting the bullish signs in the market, with the world’s...Read More
Germany’s financial regulator has come down hard on Bitcoin ATMs that are operating in the country without a license. BaFin Clampdown on Unlicensed Bitcoin ATMs According to a report by Handelsblatt, the German Federal Financial Supervisory Authority (BaFin) targeted operators of Bitcoin ATMs that were working in the country illegally. Only BTC machines with a...Read More
Bitcoin maintaining its price position above the $11,000-mark was good news for the rest of the crypto-market, with most of the market’s alts, many of whom had exhausted July’s momentum, registering notable gains on the charts. Altcoins like Chainlink and Zcash were among them, with both climbing rapidly to touch new levels. Alas, EOS was...Read More
