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Bitcoin Hits New Yearly High After Rallying 4%, Altcoins Turn Green
11.2.2020
After resting for one day below the psychologically important level of USD 10,000, the most popular cryptocurrency, bitcoin (BTC) is back to the five-digit zone after rallying 4% in two hours. Almost all top 100 coins by market capitalization turned green.
At pixel time (17:48 UTC), BTC trades...
This is How "Bitcoin Only" Narrative Might Help Altcoins in 2020
11.2.2020
A "healthier distribution" of the market is upon us, as a result of an eventual decline in Bitcoin (BTC) dominance and an altcoin bull run, estimated token data and rating agency TokenInsight.
The agency published their 2019 cryptocurrency annual report, writing that the 2020 crypto market as...
Bitcoin and Altcoins Continue Post-Rally Correction
11.2.2020
After trading to a new 2020 high near USD 10,200, bitcoin price started a corrective decrease. BTC/USD traded below the USD 10,000 level and even broke the USD 9,850 support area. The price is now approaching the USD 9,650 and USD 9,550 support levels, where the bulls are likely...
XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
10.2.2020
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in...
Bitcoin and Altcoins Dips Present Buying Opportunity
10.2.2020
This past week, bitcoin price remained in a strong uptrend above the USD 9,550 and USD 9,850 resistance levels. Recently, BTC/USD traded to a new 2020 high close to USD 10,200 before starting a downside correction. However, there are many supports on the downside near USD 9,550 and...
What Are Altcoins and Why Are There Over 5,000 of Them?
10.2.2020
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.”...
Bitcoin Realism Is More Sustainable Than Altcoins Rally - Strategist
7.2.2020
The Cryptoverse had an opportunity this year to see a number of altcoins outperforming the world's number one crypto, bitcoin (BTC) – but there are some words of caution out there: it still might be too early for optimism.
“This year's enthusiasm in some altcoins is reflective of a bullish...
Bitcoin and Altcoins Bulls Remain In Driver’s Seat
7.2.2020
The market sentiment improved in the past three sessions, with positive moves in bitcoin price above the USD 9,550 and USD 9,750 levels. BTC/USD even traded above USD 9,800, but it is yet to test the key USD 10,000 resistance area.
Besides, there were steady gains in most major altcoins, including...
Ethereum, XRP, and Other Altcoins Are in 'Proving Phase,' says Novogratz
6.2.2020
Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia
Many cryptos, including XRP and Ethereum (ETH) are still in the 'proving' phase, says prominent Bitcoin (BTC) bull, Mike Novogratz, adding that these coins aren’t going to "succeed as solely a store of value as BTC has taken that...
Bitcoin and Altcoins Surging, Market Gathering Bullish Momentum
6.2.2020
After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum and surpassed the USD 9,550 and USD 9,650 resistance levels. The price traded close to USD 9,750 and it is currently (09:00 UTC) showing positive signs.
Also...
Bitcoin’s Uptrend Is Gathering Pace and Many Altcoins Are Surging Too
6.2.2020
Bitcoin's rally has picked up in the last 24 hours, setting the stage for a test of $10,000. At the same time, a number of alternative cryptos are outperforming even bitcoin
NEM (XEM) Gains 25% as Altcoins Follow Bitcoin’s 30% January Surge
6.2.2020
NEM is leading a fresh resurgence in altcoins as 10% gains become commonplace
Bitcoin Corrects Lower While Altcoins Rise
5.2.2020
After forming a short term top below the USD 9,650 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 9,350 and USD 9,250 support levels. It even spiked below USD 9,200 and currently (09:00 UTC) consolidating above USD 9,200.
On the other hand, there was a decent...
Bitcoin And Altcoins Stuck in Range Above Key Supports
4.2.2020
After a steady rise, bitcoin price failed once again to stay above the USD 9,500 resistance. BTC/USD corrected lower and declined below the USD 9,400 level. It is now approaching a couple of important supports near the USD 9,250 and USD 9,200 levels.
Similarly, there was a downside correction...
Bitcoin and Altcoins Look Primed For Further Upsides
3.2.2020
In the past three sessions, bitcoin price followed a bullish path and traded above the USD 9,550 resistance. BTC/USD even climbed above USD 9,600, but it failed to continue higher above USD 9,650. The price is currently (09:00 UTC) correcting lower, but dips remain well supported near USD 9,250...
Bitcoin Corrects Lower While Altcoins Gain Bullish Momentum
31.1.2020
Recently, bitcoin price climbed above the USD 9,450 and USD 9,500 resistance levels. However, BTC/USD failed to continue above USD 9,550 and topped near the USD 9,600 area. It is currently (09:00 UTC) correcting lower and it seems like the bears are eyeing a test of the USD 9,250 support.
On...
Landmark Venezuelan Hotel to Accept Bitcoin & Altcoins + More News
30.1.2020
Source: a screenshot, Instagram/eurobuilding
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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One of Venezuela’s biggest hotels, the Caracas-based Hotel Eurobuilding...
Spanish Tax Agency to Step up Bitcoin and Altcoins Monitoring Efforts
30.1.2020
A Spanish tax agency says it intends to intensify its scrutiny of cryptocurrencies in 2020.
In an official communiqué released by the Agencia Estatal de Administración Tributaria (AEAT), the nation’s top tax authority, called monitoring cryptocurrencies “one of this year’s most demanding...
Bitcoin and Altcoins Consolidating Before Possible Fresh Rally
30.1.2020
After a short term downside correction, bitcoin price found support near USD 9,200. BTC/USD was well bid above the USD 9,200 level and it is currently (09:00 UTC) rising steadily. A clear break above USD 9,450 and USD 9,500 is likely to set the stage for a larger upward move in the coming...
Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?
30.1.2020
The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with...