Tag Archives: altcoins

Anti-Dollar in Full Force, While Bitcoin Increasingly gaining Traction all over the World

Anti-Dollar in Full Force, While Bitcoin Increasingly gaining Traction all over the World

The warfare between the US and a number of countries like China, Iran, Venezuela, North Korea, Cuba, Turkey, and Russia among others is ensuing, that has these nations going anti-dollar, creating their own national cryptocurrencies and backing out of the US-based SWIFT system. Meanwhile, Bitcoin and crypto adoption are on the rise. Anti-Dollar awakening happening […]

Bitcoin Bulls Refusing to Give Up While Prominent Altcoins Making a Strong Case

Bitcoin Bulls Refusing to Give Up While Prominent Altcoins Making a Strong Case

Bitcoin is standing strong above the $6k level despite dropping from $6,900 today. Though the short-term price movement for bitcoin doesn’t seem to be positive, the altcoins have registered decent gains making a strong case for themselves while a few prominent ones are standing out from the rest. ADVERTISEMENT Bitcoin standing strong despite dropping from […]

Altcoins See Red, While Bitcoin Shows Dogged Resilience

Altcoins See Red, While Bitcoin Shows Dogged Resilience

The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market recovery August 17, most […]

Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

In the past 24 hours, despite the strong downtrend of major cryptocurrencies, the crypto market demonstrated a quick recovery from this week’s losses. On August 14, as the BItcoin price dipped below the $6,000 mark, the valuation of the crypto market plummeted below the $200 billion mark. At its lowest point of this year, the […]

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. […]