Tag Archives: altcoins

Bitcoin (BTC) Downtrend Resistance Turns Into Strong Support Amid Bullish Comeback

Bitcoin (BTC) Downtrend Resistance Turns Into Strong Support Amid Bullish Comeback

Bitcoin (BTC) has been in a constant downtrend for the last few weeks. The price crashed especially hard during the last few days. The price did break below $6,000, but contrary to expectations, the price found support at what was previously a downtrend resistance as can be seen on the BTC/USD daily chart above. The fall slowed down […]

Bitcoin Eclipses 50% Crypto Market Dominance For First Time Since December

Bitcoin Eclipses 50% Crypto Market Dominance For First Time Since December

Bitcoin has long been at the forefront of the crypto industry; and it seems with the market’s most recent move downwards, Bitcoin’s dominance over the rest of the market may continue, or at least for a little while longer. Bitcoin Dominance Surges Amidst Crypto Downtrend The crypto market dropped by a collective 7% in the […]

ZCash (ZEC): The Only Bitcoin (BTC) Fork That Can Beat Investors’ Expectations

ZCash (ZEC): The Only Bitcoin (BTC) Fork That Can Beat Investors’ Expectations

ZCash (ZEC) is a popular source code fork of Bitcoin (BTC), just like Litecoin (LTC). The purpose of its creation was to address privacy issues that users of Bitcoin (BTC) faced and also to curb centralization with its Equihash based proof of work model.  As the weekly chart above for ZEC/USD shows, ZCash (ZEC) had a good run in […]

The Best Bitcoin Alternatives – 4 Altcoins on the Rise

The Best Bitcoin Alternatives – 4 Altcoins on the Rise

A lot has changed in the cryptomarket since Satoshi Nakamoto first released his revolutionary Bitcoin white paper nine years ago. Today, Bitcoin is not alone in the crypto space. There are currently over four thousand altcoins available to investors. This growing variety can make it difficult to distinguish what is the best Bitcoin alternative. Altcoins – The Best Bitcoin […]

Crypto Week In Review: NYSE and Starbucks Go Full Crypto, Market Highly Optimistic

Crypto Week In Review: NYSE and Starbucks Go Full Crypto, Market Highly Optimistic

While the market saw a collective decline of over 10% as the speculative mania surrounding the Bitcoin ETF deflated, positive developments in this budding industry were still prevalent all throughout the past week. The NYSE’s Parent Company Is Set To Launch Cryptocurrency Platform  On Friday morning, cryptocurrency investors awoke to a promising sight, with corporate […]

Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?

Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?

Following a breakout year for cryptocurrencies, 2018 has been extremely challenging — to say the least. With Bitcoin and numerous altcoins hitting all time highs in December, a sobering market correction followed and the markets have only started to settle midway through this year. There have been many reasons for the cryptocurrency markets being battered by bearish sentiments across the board. […]

Hodler’s Digest, June 11-17: A Regulatory Win for Ethereum and a Falling Market

Hodler’s Digest, June 11-17: A Regulatory Win for Ethereum and a Falling Market

Top Stories This Week Fundstrat’s Tom Lee Points To Bitcoin Futures As Reason For Price Declines Tom Lee released a report this week that posited that the reason for the falling price of Bitcoin can be linked to the expiration of Bitcoin futures contracts. According to Lee, Bitcoin’s price usually drops around 10 days before the expiration of the […]

Despite Hitting Monthly Price Lows, Bitcoin Network Fundamentals Keep Growing

Despite Hitting Monthly Price Lows, Bitcoin Network Fundamentals Keep Growing

Monday, May 28: crypto markets are experiencing a significant decline with all top ten cryptocurrencies listed on Coinmarketcap (CMC) in the red. Some altcoins such as Cardano (ADA) and Bitcoin Cash (BCH) are seeing losses up to around 30 percent over the last 7 days. Market visualization from Coin360 With a decline of around 35 percent over the last 30 days, Bitcoin (BTC) has hit a […]

Bitcoin Price Struggles After Blockchain Week, Possible New Regulatory Pressure

Bitcoin Price Struggles After Blockchain Week, Possible New Regulatory Pressure

Cryptocurrencies continue to slow down today as all major coins are in the red on Tuesday. Bitcoin (BTC) is struggling for gains above $8,500 following concerns over increased regulation according to Naeem Aslam, chief market analyst at Think Markets: “The recent selloff has come from the news out of China that the ICO [initial coin offering] market is still very […]