Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple’s XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests. The world’s third-largest cryptocurrency by market capitalization fell to the low of $1.23 at 09:54 UTC today before regaining a little poise, data source CoinMarketCap indicates. Further, XRP is still down […]

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk’s Bitcoin Price Index. Notably, the world’s largest cryptocurrency by market capitalization is down 40 […]

Is the Crypto Market Booming or Maturing?

Is the Crypto Market Booming or Maturing?

2017 was a breakthrough year for the crypto market for major coins such as Bitcoin, Ethereum, and Ripple, increasing awareness by the mainstream market, and innovative new applications of Blockchain technology drove impressive returns. More importantly, this blistering pace for the entire ecosystem is being driven by increasing appetite on the side of investors, with no sign of abating. The […]

Ether Hits New Record Price High Over $900 Following Month of Strong Growth

Ether Hits New Record Price High Over $900 Following Month of Strong Growth

Ether (ETH), the native currency of the Ethereum platform and the third largest cryptocurrency by market cap, reached a new all-time high today, trading at $914 earlier this morning. At press time Ether was trading at an average of $889 and boasting a 16.26 percent increase in price in the past 24 hours. In the past month, the price has seen […]

2017 Market Performance: Crypto vs. Stocks

2017 Market Performance: Crypto vs. Stocks

When looking across the globe, there were plenty of strong performing equity markets in 2017. Nevertheless, none compare to the massive appreciation seen within the cryptocurrency sector. Warning: If you are primarily an equity investor, you may soon be compelled to enter the world of cryptocurrencies as the relative outperformance of the top cryptocurrencies in 2017, when […]

What DAO? Charting Ether’s Epic 2017 Price Climb

What DAO? Charting Ether’s Epic 2017 Price Climb

For ether, the cryptocurrency that powers the ethereum network, 2016 was defined in part by the creation and subsequent collapse of The DAO, the blockchain-based investment vehicle that raised more than $150 million at then-current prices. Yet as 2017 comes to a close, the cryptocurrency is closing the books on a banner year for its value, having […]

What Comes After the Futures? The Next Chapter for Bitcoin

What Comes After the Futures? The Next Chapter for Bitcoin

On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced it would launch a regulated bitcoin futures market. Not to be understated, this was a pivotal moment in bitcoin’s history, and quite simply, the future has never been brighter. It’s safe to say that 2017 has […]