As Bitcoin staged a remarkable rebound of 150% from its March 2020 lows, most of the altcoin markets rallied in similar trends to hit new recent highs. Ethereum, EOS and Ripple have all moved higher, even outperforming the top cryptocurrency in the lead up to its halving. However, Bitcoin’s recent struggles above $9k and subsequent drop […]
While pump and dump groups can’t manipulate prices of bitcoin (BTC) or other major cryptoassets, investors in small altcoins have a way to avoid such traps, according to a new research. “The fundamental idea is to leverage the abnormal growth of so-called market buy orders, buy orders that are used when the investor wants to buy […]
The Altcoin market has been in Bitcoin’s shadow for much of May following the top cryptocurrency’s halving and attempts to breach $10k being the focal points for the entire cryptocurrency market. Bitcoin, along with Ethereum, XRP, Bitcoin Cash, EOS, and Litecoin have all had slight gains in the past 24 hours. Tezos, Cardano, and Chainlink, however, have […]
Bitcoin has long been referred to as the digital counterpart to the scarce physical asset and precious metal, gold. But could altcoins be the digital silver to Bitcoin as digital gold? According to an incredibly bizarre correlation, altcoins are nearly perfectly tracking alongside silver, albeit across different timeframes. What exactly does this mean, and is this […]
0x has been in the spotlight of the cryptocurrency market following an increase in the buying pressure behind it that saw its price rise over 140 percent. The bullish momentum appears to have been fueled by an endorsement made by a prominent figure in the cryptocurrency industry. Now that ZRX has reached new yearly highs, there are several […]
Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed,“Among customers with at least five purchases, 60% start with bitcoin but just 24% stick exclusively to BTC.”It means that 60% of […]
Today Bitcoin (BTC) hit $10,000 after finally managing to break above a long-term descending trendline at $9,400. The break above the important psychological level comes as there are only 4 days left until the Bitcoin block reward halving and a strong sustained surge in purchasing volume shows retail traders are steadily piling into the digital […]
Much of the discussion on the economic fallout that the coronavirus has caused in the cryptosphere has been focused around Bitcoin–perhaps rightfully so. After all, as the largest cryptocurrency by market cap and the coin with the largest share of institutional cash, BTC is arguably the most ‘visible’ crypto asset. However, the rise of the coronavirus […]
Two separate charts taking a top-down view across the wider crypto market may provide clues as to where the altcoin asset class is headed. Each chart shows that altcoins are at potentially their most critical moment yet, and are facing the most important weekly close yet at the end of this week.Altcoins Start 2020 Strong, But […]
The altcoin known as Chainlink, or LINK, was last year’s top-performing crypto asset, even beating out Bitcoin by a large margin. The cryptocurrency also beats nearly the rest of the market, sans only Bitcoin, in true reported cryptocurrency trading volume, according to new data.CHAINLINK REPORTED CRYPTO TRADING VOLUME BEATS ETHEREUM, RIPPLE; SECOND TO ONLY BITCOINChainlink […]
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