Thanks to Bitcoin’s overwhelming market dominance and market share, its movement is often reflected in the performances of the market’s altcoins. When the world’s largest crypto was rangebound and consolidating, market alts such as Monero and Ethereum Classic corrected. When BTC resumed its uptrend, however, these alts were quick to follow suit. Monero [XMR] Monero,Continue reading “Monero, Ethereum Classic, VeChain Price Analysis: 20 February”

The last few days illustrated Bitcoin’s dominance on the rest of the crypto-market. Before BTC hiked to breach the $53,000, $54,000, and $55,000-levels, it was consolidating between $50k and $52k. However, while this was a healthy consolidation, many altcoins didn’t think so, with the likes of Tezos and BAT soon correcting on the charts. DashContinue reading “Tezos, BAT, Dash Price Analysis: 20 February”

Another day, another ATH for Bitcoin, the world’s largest cryptocurrency. A few days after BTC surged past the $45,000 and $47,000-price levels on the back of a Tesla-fueled price hike, the cryptocurrency is in the news again after it breached the much-anticipated $50,000-mark. Following the news that MicroStrategy will sell $600M in convertible senior notesContinue reading “Bitcoin hits $50,000 to register yet another ATH for 2021”

Contrary to the hopes of many, Ripple Labs and the United States’ Securities and Exchange Commission have ruled out the “prospect of a settlement at this time,” according to a joint letter filed by the parties before a United States District Judge. The letter, filed before the court of Hon’ble Analise Torres argued that, “CounselContinue reading “Ripple, SEC rule out ‘prospect of a settlement at this time’”

Despite corrections setting in, Bitcoin, at the time of writing, was trading at just over $47,500. Further down the crypto-ladder, Ethereum, the world’s largest altcoin, was valued at $1,850 on the charts. Needless to say, the industry’s top-two cryptos holding positions near their ATH levels is cause for optimism. For all the market’s bullish sentiment,Continue reading “This is why DeFi’s growth in 2021 isn’t a fluke”

Is the alt season finally here? That’s a tricky question to answer right now. While yes, much of the altcoin market is hiking on the charts, most alts are doing so on the back of Bitcoin’s own surge. However, it was still unclear whether the rest of the market would be able to sustain itsContinue reading “Polkadot, EOS, Dash Price Analysis: 12 February”

It’s been a good few days for the cryptocurrency market. While Bitcoin, the sector’s leading cryptocurrency, has surged on the charts to touch a new ATH on the back of a Tesla-fueled hike, altcoins such as DOT and ADA have arguably outperformed BTC with their own price performances. What’s more, according to many, exchange tokensContinue reading “Bitcoin and Ethereum are not the only market movers; why it’s not a good idea to ignore DeFi”

It’s been a good few days for the crypto-market, with its price fortunes given an impetus a few days ago by the news of Tesla’s $1.5 billion purchase of Bitcoins. Following the same, the world’s largest cryptocurrency pumped on the charts, and thanks to BTC’s correlation with the rest of the market, the altcoin marketContinue reading “Chainlink, Ethereum Classic, Decred Price Analysis: 12 February”

Bitcoin’s price performance on the charts lately has had a ripple effect on the rest of the cryptocurrency market. On the back of the world’s largest cryptocurrency surging, many of the market’s alts climbed too. Litecoin, Algorand, and Digibyte were among the cryptos to surge, with the movement giving a much-needed impetus to these cryptos’Continue reading “Litecoin, Algorand, DigiByte Price Analysis: 12 February”

Binance, arguably the world’s biggest crypto-exchange, is down again, with many in the community reporting that they are unable to access the exchange’s platforms and trading services. The same was confirmed by CEO Changpeng Zhao, with CZ tweeting, Later, the Binance exec also revealed that the cluster in question was part of the core matchingContinue reading “Binance temporarily suspends deposits, withdrawals; cites ‘system maintenance’”

Risk and trading go hand in hand and while risk may be part and parcel of the market today, the more pertinent question is – How much risk is worth taking? In light of the differences that exist between different markets, that’s a tricky question to answer. What can be answered, however, is how muchContinue reading “Bitcoin: Here’s what you can look at to minimize risk”

Thanks to the correlation it shares with Bitcoin and Ethereum, most of the altcoin market surged on the charts this week. Monero, Ethereum Classic, and VeChain were among the cryptos to hike, with the general performance of the market fueling more expectations of an altcoin rally. Monero [XMR] Monero, the market’s leading privacy coin, despiteContinue reading “Monero, Ethereum Classic, VeChain Price Analysis: 04 February”