Bitcoin’s foray above its previous ATH had a profound effect on the rest of the crypto-market. However, so did its depreciation below $60,000, with the likes of Ethereum, Chainlink, VeChain, and Stellar Lumens all following suit to fall down the price charts. Ethereum [ETH] Ethereum’s surge up the price charts to hit an ATH ofContinue reading “Ethereum, Chainlink, VeChain, Stellar Lumens Price Analysis: 20 April”
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Like Bitcoin and Ethereum, many of the market’s other cryptos were also victims of a corrections wave over the past week. However, one crypto seemed to be swimming against the tide and was the exception to the general market rule – Dogecoin. In fact, while many of the market’s top cryptos have fallen hard overContinue reading “Dogecoin’s +450% hike: Explaining the unexplainable”
The last 7 days have seen Bitcoin, the world’s largest cryptocurrency, at its most volatile, with BTC falling down the charts after hitting an ATH of over $64,500 on the charts. Thanks to its correlation with the rest of the market, many of the market’s alts depreciated too, with the latter reversing course after surgingContinue reading “Uniswap, XRP, Binance Coin, THETA Price Analysis: 20 April”
Altcoin
XRP lawsuit update: In motion to intervene, XRP holders state SEC doesn’t represent their interests
Deaton Law Firm’s attorney John Deaton filed a motion to intervene on behalf of XRP holders in Ripple’s legal battle with the U.S Securities and Exchange Commission on April 19, 2021. In the latest memorandum of law, Deaton argued in support of the motion. He stated, “The SEC allegations are riddled with material misrepresentations aboutContinue reading “XRP lawsuit update: In motion to intervene, XRP holders state SEC doesn’t represent their interests”
In celebration of #DogeDay, a leading tech-focused e-retailer in North America, Newegg announced that the company will now accept Dogecoin as an official payment method. Andrew Choi, Sr. Brand Manager of Newegg said : “The excitement and momentum around cryptocurrency are undeniable, and the recent surge in Dogecoin value underscores the need to make itContinue reading “Another win for Dogecoin, as this retail giant will now accept Doge as payment”
When Jackson Palmer created Dogecoin, launching the crypto-asset on 6 December 2013, he may not have anticipated the hype that coin has received this year. In 2021, not only has the meme coin spiked by more than 800%, it has also received glowing (recommendations) Tweets of support from Elon Musk, Tesla CEO and Dallas Mavericks ownerContinue reading “Snickers and Milky Way are now promoting Dogecoin and #DogeDay”
These two altcoins seem to be impervious right now. For a mere meme coin to rank as a top altcoin, (ranking 8th in terms of market capitalization) DOGE’s price rally has been no simple feat. Another altcoin, more or less on everyone’s mind, is XRP – an altcoin that many in the eco-system had writtenContinue reading “‘Making sense’ of XRP’s rise from $0.40 to $1.60 & Dogecoin’s rally”
Popular Japanese cryptocurrency trading platform DeCurret exchange re-launched XRP Trading. According to XRP_OWL, an anonymous XRP supporter, the Japanese exchange DeCurret has relisted XRP token and allowed its trading in several pairs. Early this year, many exchanges had decided to halt XRP trading and deposits, due to the US Securities and Exchange Commission’s lawsuit againstContinue reading “Another victory for #RelistXRP movement, as one more exchange restarts XRP Trading”
Bitcoin, at the time of writing, was trading just under the $57,000-level, with the cryptocurrency having surged to its ATH on the charts a few days ago. However, while that is a big story, what is also grabbing headlines is how the market’s altcoins are doing. Ethereum is the most obvious one, but other altsContinue reading “What about DeFi tokens? What about AAVE? Here’s why you need to keep an eye on this alt”
Coinbase has been THE story of the crypto-market over the past few days. Its public debut via a direct listing grabbed the attention of market pundits everywhere. In fact, Coinbase is the first major cryptocurrency company to go public. This has been hailed as a victory for the bitcoin market in particular, as the developmentContinue reading “Addressing FUD on Coinbase’s opening day numbers”
“XRP is doomed to fall to $0” “Looks like a mass dump is incoming” “Ripple and XRP have been found out. They will never recover.” These were just a few of the reactions that came in when the United States Securities and Exchange Commission filed charges against Ripple Labs and two of its execs citingContinue reading “Why XRP is surging despite the SEC-Ripple lawsuit”
A comparison of correlation stats and recent altcoin price performances makes for interesting reading these days. While the past few trading sessions saw Bitcoin, the world’s largest cryptocurrency, trade below the $62k level after hitting its ATH just recently, market altcoins such as Chainlink, Dash, and DigiByte have surged lately. However, whether this would beContinue reading “Chainlink, Dash, DigiByte Price Analysis: 17 April”