Thanks to the correlation the market’s alts share with Bitcoin, the former followed suit when BTC depreciated on the price charts. What such a correlation also meant, however, was that when the king coin went on a recovery run, so did many alts, including the likes of Polkadot, Binance Coin, Bitcoin Cash, and Bitcoin SV.Continue reading “Polkadot, Binance Coin, Bitcoin Cash, Bitcoin SV Price Analysis: 28 April”

At the time of writing, Bitcoin, the world’s largest cryptocurrency, was continuing its recovery run with its breach of the $55,000-level. The aforementioned breach had a corresponding effect on the price fortunes of the market’s alts, with the likes of Litecoin, Monero, Zcash, and Chiliz hiking too. Litecoin [LTC] The cryptocurrency dubbed the silver toContinue reading “Litecoin, Monero, Zcash, Chiliz Price Analysis: 28 April”

On the back of its lukewarm price action for most of March, mid-April saw MKR hike by almost 100%, with the same pushing the value of the altcoin past $4,000 and later, $4,500. While MKR has often flown under the radar, this movement caught a lot of eyeballs because it was contrary to the recentContinue reading “Maker price has rarely reached these levels…so how sustainable is this rally”

The first half of April saw the altcoin market defy Bitcoin’s sideways movement with its exponential price surge. The latter half, however, saw the crypto-market go back to square one, with the king coin’s price action dictating the movement of alts such as Tron, BTT, and Crypto.com Coin. This was plainly evident on the backContinue reading “Tron, BitTorrent, Crypto.com Coin Price Analysis: 27 April”

The market’s altcoins, including the likes of Bitcoin Cash, Tezos, Chiliz, and NEM, have closely mimicked the price action of the world’s largest cryptocurrency over the last few days. At the time of writing, however, it was still unclear whether BTC, and by extension, the rest of the market, would sustain its uptrend. Bitcoin CashContinue reading “Bitcoin Cash, Tezos, Chiliz, NEM Price Analysis: 27 April”

The last few days have seen the crypto-market recover somewhat on the back of Bitcoin climbing above $50,000 to touch $53,000 on the price charts, at press time. As is usually the case, the altcoin market was quick to respond to the same, with the likes of Polkadot, Binance Coin, UNI, and BAT hiking overContinue reading “Polkadot, Binance Coin, UNI, BAT Price Analysis: 27 April”

The SEC’s lawsuit against Ripple Labs and two of its execs has made headlines since it was first filed back in December. This development came as a surprise to many, especially since most in the crypto-community saw the SEC charging the blockchain firm for alleged securities offerings as an affront. An “attack on crypto,” someContinue reading “XRP lawsuit: Here’s Ripple CEO’s take on what was the ‘most consequential’ lawsuit development”

The SEC’s lawsuit against Ripple Labs and execs Brad Garlinghouse and Chris Larsen has been a game-changer in many ways. Not only because it is one of those rare cases where the defendants’ execs have been personally charged, but also because Ripple and the altcoin at the center of the lawsuit, XRP, remain two ofContinue reading “Ripple: Here’s the ‘good news’ since the XRP lawsuit was first filed”

Ethereum’s price action over the last 72 hours or so has been very topsy-turvy. While the aforementioned period saw ETH recover all its losses on the charts and climb to a new ATH of $2,644, at press time, the altcoin was struggling to register an uptrend after BTC corrected below $50,000. How did Ethereum initiallyContinue reading “What traders need to know about the evolving Ethereum-Bitcoin relationship”

XRP, Dogecoin, and Cardano have all been among the market’s best performers this year, with each one of them having led the altseason at one point or the other. However, thanks to Bitcoin’s overwhelming correlation with the rest of the market, these altcoins were depreciating at press time. XRP The last few months have beenContinue reading “XRP, Dogecoin, Cardano Price Analysis: 23 April”

Born out of the food farming mania that was part and parcel of the DeFi summer in 2020, SushiSwap was initially seen as merely a “generic, tokenized fork” of Uniswap. Within months, however, the former was giving the latter a run for its money, with SushiSwap’s growing volumes contributing to its market share hiking withContinue reading “Is it still worth placing a bet on SushiSwap [SUSHI]?”

After Bitcoin fell below the $60,000-mark last week, many expected the king coin to consolidate under the same before noting yet another rally on the charts. However, that didn’t happen. Instead, BTC corrected again, dropping below the $50,000-level at press time after it fell by over 8% in just 12 hours. The said movement hadContinue reading “Bitcoin Cash, Bitcoin SV, Binance Coin Price Analysis: 23 April”