Search results for: would

The first rule of what traders can expect from the cryptocurrency market is volatility and the second? Well, that’s more volatility. In the last month, Bitcoin’s many dips were followed by altcoin price drops, and a larger drop in the total crypto market cap of 43% was observed at press time. While most of theContinue reading “Ethereum, Solana, Cardano: Which of these alts would this analyst look at ‘purchasing’?”

With every passing day, Bitcoin is becoming more and more unpredictable thanks to its volatility. The coin has been moving opposite to the hopes and expectations of investors and analysts alike. After a decent rise between June 22 and 24, the coin closed at the lowest it had in the last 3 months. Even thoughContinue reading “Bitcoin’s case of Back To The Future: 2013 already knew this would happen…”

With an ocean of cryptocurrencies now at investors’ disposal, it has evidently become laborious and difficult for them to shortlist and cherry-pick the best options. To simplify the selection process, Aaron Arnold, popular crypto trader and host of Altcoin Daily recently listed out a host of altcoins that he would cumulatively invest $1000 and HODLContinue reading “Ideal portfolio? How ‘$1000 would be allocated’ between Bitcoin, ETH, ADA and these other alts”

China’s clampdown on cryptocurrency mining in the key province of Sichuan piled on further selling pressure on the global cryptocurrency market. Market leader Bitcoin suffered yet another pullback as the digital asset dropped down to $32,500 at the time of writing. Focus now shifted over to a support zone around $30,000 which would be decisiveContinue reading “This would be decisive for Bitcoin’s movement over the coming days”

For more than a week now, Binance Coin has oscillated between a tight channel of $380 and $320 despite sharper fluctuations in Bitcoin’s price. While a period of consolidation seemed to be in effect, movement within its support/resistance levels did present an opportunity for swing traders to bag some profits. At press time, Binance CoinContinue reading “This level would be a crucial point for Binance Coin”

Out of more than 1,600 and available cryptocurrencies in the market, Bitcoin and Ethereum are the most dominant and relevant ones. While the former remains the largest coin in terms of market capitalization, the latter takes the next spot. Having said that, Ethereum has had an impressive run in recent times even compared to Bitcoin.Continue reading “This Bitcoin analyst said he would ‘pick up a long’ at this range”

One of the most notable characteristics of the crypto-community, one that has remained somewhat constant throughout the last few years, is the vocal tribalism among differing camps. Whether one is a Bitcoiner or an Etherean, the battle lines have for long been drawn, especially between proponents representing two of the world’s largest cryptocurrencies. According toContinue reading “‘Bitcoin wouldn’t have the market cap it has now if Ethereum wasn’t…’”

Bitcoin had been giving good returns to its investors until last month but corrections in May dragged this metric down. As per the current price, BTC investors were receiving 26% year-to-date. As BTC traded at $35,934 it was trying to achieve a stable ground for the price, however, fear of another fall was largely prevalentContinue reading “We knew Bitcoin ‘would not go up in a straight line’… so what now?”

Can a song impact the price of a cryptocurrency? Any sane person would deny that, wouldn’t they? However, the only difference this time is that the aforementioned claim is not a bluff.  It’d not be an over-exaggeration to state that the same thing happened in the crypto-space on Thursday. Patti Page’s legendary song “How muchContinue reading “It would NOT be an exaggeration to claim this about Dogecoin”

With Ethereum’s demand climbing with every passing day, the alt has already carved a separate niche for itself. Riding on the back of its growing market dominance, the alt’s price subjected itself to new highs of late, before corrections hit the market hard. Nonetheless, Bitcoin maximalists hope that post the ongoing alt-run, the market’s focusContinue reading “Analyst on Ethereum: The worst case would be that…”

Ethereum 2.0 – the long-awaited upgrade to the Ethereum blockchain has been on the cards for quite some time now. Since then, the community, including miners, has been debating over the implications of the change in the consensus mechanism.  The upgrade would mean Ethereum moving from its tried and tested PoW protocol to the PoS protocol.Continue reading “Ethereum 2.0: How would the shift to PoS impact ETH miners?”

After Elon Musk’s Tesla decided to invest $1.5 billion into the digital asset, Bitcoin’s registered a new high above $44,000. Perhaps Tesla’s investment policy could further the asset’s narrative as an institutional product. Analysts suggest that tech giant Apple should follow Tesla’s path into Bitcoin.   The publicly traded US firm worth more than $2 trillionContinue reading “Tesla, Bitcoin effect: Would Apple benefit by jumping on the crypto bandwagon?”