Chainlink set a new all-time high and has gone parabolic. Dogecoin has gone viral. Even XRP is pumping. The crypto space is clamoring that altcoin season is finally here. However, sell signals appearing on the price charts of numerous alts suggest otherwise. Is alt season already over before it officially began?Altcoin Season ExplainedBitcoin and altcoins exploded […]
In the past few sessions, bitcoin price traded in a broad range above the USD 9,000 support and below the USD 9,300 resistance. The current technical structure suggests that BTC could be preparing for a fresh increase above the USD 9,200 and USD 9,300 resistance levels.Similarly, most major altcoins might follow bitcoin if it breaks […]
Bitcoin’s (BTC) sideward price action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms. Without decent swings, any asset can become boring.But let’s not forget BTC isn’t the only cryptocurrency out there, as several altcoins are currently staging somewhat of a comeback. However, there’s one coin […]
The COVID-19 pandemic has crushed businesses, crippling life all across the world. It is costing darknet drug traffickers millions as well because their methods of moving drugs and funds have been compromised during the lockdown, according to a blog post by Chainalysis. “Darknet market revenue has fallen much more than we’d expect following Bitcoin’s recent major […]
Last week, Bitcoin price fell from a high of $9,800 to a low of $8,900. Ethereum fell over 10% from $248 to $215. But while these top crypto assets tanked, several small-cap altcoins not only surged but set records for a new all-time high. What’s causing these underdog altcoins to rally while major crypto assets continue […]
Since the beginning of 2020, “Glupteba,” a malware that uses Bitcoin’s blockchain to control an army of bots, has been spreading at an accelerated pace. The malware was first discovered in 2011 but researchers noted in late 2019 that it had started using the Bitcoin blockchain to help coordinate its botnet. Now, further research suggests the […]
The persistence of the Covid-19 pandemic has led governments and companies to resort to the unthinkable: increased surveillance. In Beijing, which on June 11 marked its first new case after two months, authorities utilized geo-spatial information collected through mobile tracking devices in people’s smartphones to identify and isolate potential virus carriers. To lessen public concern Norway […]
A brutal drop in altcoins may be coming if the bottom of a two-year-long bullish channel holds in Bitcoin dominance. If it breaks down, however, altcoin season may finally be here.Why Bitcoin Dominance Matters In The Cryptocurrency MarketBitcoin was the first-ever cryptocurrency, designed by Satoshi Nakamoto. In its likeness, all other cryptocurrencies were then created, sparking […]
Investing in cryptocurrency seems profitable and replete with fast profits. After all, during the past six months, bitcoin (BTC-USD) bottomed out in mid-March near $5,000, only to rebound to over $9,400 this week. That’s nearly a 100% profit in three months. Yet, in mid-March the crypto markets were scared due to the novel coronavirus pandemic […]
PayPal is seeking to hire blockchain and cryptocurrency engineers in what could hint at the future support of cryptocurrency exchanges. The global payments platform’s job listings, posted on PayPal’s own boards, include a request for a technical lead/cryptocurrency engineer set to join a team in Chennai, India. A successful applicant would become part of PayPal’s Crypto Engineering […]
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