The end of 2020 was not pretty for XRP. After the SEC news spread like wild-fire, XRP’s value exhibited a free-fall in the charts. After registering a yearly high of $0.79 on November 24th, within a month on 29th December, XRP dropped to a mere $0.17. The present year has been more kind with XRP...Read More
Polkadot was strongly bullish on the charts and a pullback to $10.5 would present a good buying opportunity. Crypto.com Coin has been volatile over the past few days but its trajectory was upward, while Cosmos climbed above $6 in an attempt to flip the $6.3 level to a support. Polkadot [DOT] Source: DOT/USDT on TradingView...Read More
The Stellar blockchain has been the go-to blockchain for the European real estate group – Vanovia for issuing a €20 million [$24 million] bond. According to the announcement, this three-year bond will be deployed using Stellar blockchain to issue security tokens for the transfer of real estate rights. Vonovia made use of an online marketplace...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice There has been a major drop in the overall value of the cryptocurrency market over the past few days. Binance coin also noted a strong descending value, however, it has also begun to recover...Read More
Prominent cryptocurrency exchange, OKEx has announced extending its real-time settlement feature for two more digital assets-ALGOUSD and ATOMUSD and it is also adding over 20 digital assets for margined perpetual swaps. These include popular projects like Stellar [XLM], yearn.finance [YFI], Tezos [XTTX], and SUSHI among others. These additions will go live from 8:00–9:00 am UTC...Read More
Ethereum was trading within a range but the momentum to the downside appears to have abated, and the next few days may see ETH test the local high once more. Dash formed a bearish reversal pattern but an ensuing slide can be halted at imminent levels of support, while Dogecoin fell by 30% and could...Read More
Grayscale Investments’ total assets under management (AUM) are now worth $25 billion in crypto according to the firm’s latest announcement on 13 January: 01/12/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $25.0 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/0aNNHB1VKb —...Read More
New Zealand’s financial regulator has warned investors of the dangers of investing in Bitcoin. The comments were aimed at the recent fluctuations in the price of the major cryptocurrencies, which have shown quite the amplitude. Negativity, Led By The Recent Ups and Downs of BTC Price New Zealand’s Financial Markets Authority (FMA) has issued a...Read More
With Bitcoin rising up the valuation ladder in 2021, there has been aggressive demand for stablecoins since the first of January. In fact, the collective market cap of all stablecoins, at the time of writing, amounted to ~$33.5 billion, after the supply added $4 billion in the past 12 days alone. Source: Coinmetrics CoinMetrics‘ data...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Tezos, at the time of writing, was trading at $2.40, with XTZ having a market cap of $1.8 billion, making it the 22nd largest cryptocurrency in the world. With XTZ up by 2.1% in...Read More
Cardano entered a consolidation phase as its price refused to lean in either direction, with ADA taking its guidance from market leaders Bitcoin and Ethereum. SNX showed signs that its bullishness was coming to an end, and a move towards the $13.41-support might be a possibility. ATOM was capped at the resistance around $5.97, but...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice EOS‘s price has suffered a hit like every other altcoin in the market. However, the crash in EOS’s price came as a blessing in disguise since its price was soon back to its crucial...Read More
Ethereum’s losses were sustained at the $1,042-level as the market’s bulls stepped in and eased the selling pressure. At the time of writing, the strong resistance level at $1,139 was restricting ETH’s price, but the momentum could shift if the price manages to topple the upper ceiling. On the contrary, altcoins such as Zcash and...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Zcash, at the time of writing, was in a unique spot in the market. While the rest of the crypto-market was consolidating at a lower range, ZEC managed to rally back to its yearly...Read More
Polkadot may soon see its first-ever parachain, with Plasm Network announcing today that it has successfully connected to Polkadot’s testnet Rococo V1 locally. Announced last month, the Rococo-V1 testnet is based on the latest version of the parachain consensus, which is the same code that will run on Polkadot and Kusama. According to Polkadot Co-Founder...Read More
Most of the cryptocurrency market struggled to register gains on the price charts after Bitcoin fell below the $36,000-mark once again. Following the world’s largest cryptocurrency’s lead, altcoins such as Litecoin, Monero, and DASH flashed red, with the direction of their near-term movement still far from certain. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin, the world’s...Read More
Chainlink was one of the top performers last year before Bitcoin and Ethereum stole the show in Q4 of 2020. While the altcoin has managed to retain a position above $10 for a majority of the last 6 months, it hasn’t really participated in the market’s price rally over the past few weeks. Interestingly, the...Read More
Germany’s central cybercrime authorities have taken down Internet marketplace DarkMarket and now hold its operator in custody. On 11 January, investigators shut down the marketplace’s servers and seized 20 other servers in Moldova and Ukraine. Officials plan to use the confiscated database from the servers to find the alleged moderators, sellers, and buyers of the...Read More
After Bitcoin managed to claw itself back to the $34,000-level, the altcoin market posted slight gains on its charts. Similarly, altcoins such as EOS, NEO, and DOT were flashing green, at press time, as the market’s buyers alleviated some of the losses made over the past 24 hours. However, there was uncertainty in the market...Read More
After the dust settled on the broader market after yesterday’s bloodbath on the price charts, altcoins such as Tezos, Ethereum Classic, and YFI gave mixed signals as buyers and sellers contested for market control. A definitive change in market leaders BTC and ETH’s movements could dictate the near-term future of the aforementioned altcoins over the...Read More
Cardano Founder Charles Hoskinson’s updates have been crucial to the development of the ecosystem over the past year. So is the case this time too, with IOHK’s CEO giving the community some important updates during his latest AMA. During the same, Hoskinson revealed that the Mary hard fork is coming in February, with the same...Read More
After Bitcoin, the world’s largest cryptocurrency, stabilized above the $36,000-mark, the broader altcoin market managed to cut its losses after yesterday’s fall. Altcoins like Bitcoin Cash and DigiByte were looking to rise on the charts as the buyers sought control of the market, while on the other hand, BAT was well on its way to...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice A dropping Bitcoin market has caused the value of the remaining cryptos to also witness a tremendous fall. The privacy-centric coin, Monero had already run into trouble with the exchange’s delisting it due to...Read More
After Bitcoin fell on the charts, the broader altcoin market moved in tandem with the king coin and slumped into the red territory. However, BNB signaled a potential pullback towards $41.7, while IOTA’s and VET’s fall halted at their current support levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s fall along with the broader...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The impact of the falling market has been felt in the Litecoin [LTC] market as well. Even though the LTC market was consolidating, the falling price has broken the sideways momentum. The digital asset...Read More
After a correction in the world’s largest cryptocurrency forced Bitcoin towards the $34,000 mark, the broader altcoin market followed suit and declined on the charts. Altcoins LINK and BSV succumbed to the fall and fell below multiple support levels. On the other hand, ZEC managed to give positive returns in a turbulent market but showed bearish...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market noted a large price swing yesterday. As the value of the largest digital asset, Bitcoin fell from $40k to $35k, and the overall altcoin market fell. The price of Polkadot has...Read More
Bitcoin Cash fell by 20% over the past 24 hours but the selling volume was not as great as the buying volume that drove the rally, which is bullish for BCH in the long-term. Tron showed the likelihood of facing stiff resistance at $0.03 and was poised to lose another level of support. Algorand could...Read More
Across the market, double-digit percentage losses were recorded as Bitcoin faced selling pressure that caused a drop from $41,000 to $33,000 at the time of writing. Cardano formed a double-top pattern that could see it test the $0.23 level of support soon, while Crypto.com Coin was likely to retest the $0.07 region as resistance before...Read More
While the collective market rallied upwards from the 3rd week of November, Stellar moved in the opposite direction. Till the end of 2020, the asset continued to decline in the market, reaching a low of $0.11. What happened right after, was a radical shift of immense proportions. Between 1st January-7th January, XLM‘s value hiked by...Read More
