With Bitcoin refusing to breach the $60k-mark, many of the market’s altcoins were surging instead on the back of Ethereum’s bullishness, with the latter breaching $4,000 following an astonishing run on the price charts. However, such corresponding effects weren’t uniform by any means, with the likes of EOS, Filecoin, and YFI noting varying price actions.Continue reading “EOS, Filecoin, YFI Price Analysis: 12 May”
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Bitcoin’s consolidatory movement within its tight price band didn’t stop the crypto-market’s altcoins from registering some degree of volatility on the charts. In fact, while BTC, again, was valued at just over $57,000 at press time, the likes of Litecoin, Tezos, and Uniswap, were noting significant movements in both directions. Litecoin [LTC] Litecoin, the cryptocurrencyContinue reading “Litecoin, Tezos, Uniswap Price Analysis: 12 May”
Ethereum, the crypto-market’s biggest altcoin, has been one of the year’s best performers, with ETH surging by almost 400% on the price charts. However, while the scale of its price appreciation, perhaps understandably, has grabbed the most eyeballs, what has gone under the radar is the surge in institutional interest Ethereum has been seeing. CMEContinue reading “Ethereum: Here’s a crucial trend that has gone under the radar and the impact on its price”
When does a joke stop being one? When it comes to cryptocurrencies, is it when an altcoin registers YTD returns in the thousands? Or is it when the crypto in question finds itself in the top-5 of CoinMarketCap’s rankings? Over the past few weeks and months, Dogecoin has been at the center of such conversations.Continue reading “Dogecoin achieved this, which only Bitcoin, Ethereum, and Binance Coin have in the past”
Over the past year, Grayscale has become synonymous of sorts with Bitcoin and cryptocurrencies, at least from a mainstream, institutional investor perspective. In fact, the numbers tell the same story as well, with the assets under management growing from just under $2 billion at the beginning of 2020 to over $50 billion, at press time.Continue reading “Here’s what has contributed to institutions taking Bitcoin, Ethereum, and other cryptos”
Ethereum, the premier altcoin broke out of its consolidation phase recently and has been registering new highs over the past week. Since the beginning of April, the bullish narrative has been quite evident, with the coin projecting tremendous momentum. With a market capitalization over $463 Billion, at press time ETH was trading at $4003, markingContinue reading “Another victory for Ethereum as alt breaches $4000!”
While many in the community are expecting Ripple Labs and the SEC to come to a settlement soon thanks to the latter being led by “crypto-friendly” Gary Gensler, it would seem that the lawsuit itself is showing no signs of slowing down. The SEC’s latest letter attacking the defendants’ “fair notice” defense is a caseContinue reading “XRP lawsuit: SEC accuses Ripple of ‘selectively denying’ access to ‘Fair Notice’ docs”
The crypto-market’s bullish resurgence over the past few months, a revival led by the likes of Bitcoin and Ethereum, has understandably rubbed off on the performances of other altcoins in the market. SOL is a case in point, with the altcoin surging by an astounding 3,200% since the start of the year. Yes, 3,200%. ThoseContinue reading “From $2 to $43 in 4 months, what can you expect from the latest ‘Ethereum competitor’”
When the year began, Bitcoin’s dominance in terms of market cap was as high as 72%. At the time of writing, it was down to 46%. In the meantime, the world’s largest cryptocurrency has surged, and surged incredibly, with YTD returns of almost 100%. The market’s altcoins, however, have overshadowed the performance of the world’sContinue reading “The truth about Ethereum’s rally you need to know, if you’re an ETH investor”
With Bitcoin’s market dominance falling once again and the altseason gaining steam, the likes of XRP, Dogecoin, and Cardano have all appreciated significantly on the price charts over the past week or so. XRP XRP’s recovery since falling to close to $0.20 on the back of the SEC filing a lawsuit against Ripple Labs hasContinue reading “XRP, Dogecoin, Cardano Price Analysis: 06 May”
Many of the market’s altcoins like Polkadot and Bitcoin Cash, at press time, were refusing to follow Bitcoin’s lead to trade sideways and consolidate on the charts. With ETH climbing to a new ATH and the altseason well and truly in flow after BTC’s market dominance fell again, such contrarian price actions are likely toContinue reading “Bitcoin, Polkadot, Bitcoin Cash Price Analysis: 06 May”
Bitcoin’s resistance to a stronger foray towards the $60,000-level has had a corresponding effect on the market’s altcoins historically. This time, however, it was Ethereum to the rescue, with the world’s largest altcoin’s performance allowing other alts to hike too. This was the case with Uniswap and Ethereum Classic as well. Ethereum [ETH] While theContinue reading “Ethereum, Uniswap, Ethereum Classic Price Analysis: 06 May”