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Watch Out, Bitcoin, Altcoins Are Turning More and More to Payments
15.2.2020
Altcoins are coming for bitcoin (BTC). Many of them – ethereum (ETH), cardano (ADA), EOS, XRP – were initially conceived more as utility tokens for blockchain platforms than as mediums of payment.
But increasingly, many of them are turning to payments, while an expanding range of third-parties...
IOTA Network Still Down: How the Next Bitcoin Killer Screeched to a Halt
14.2.2020
On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found...
Bitcoin and Altcoins Showing Signs of Corrective Decrease
14.2.2020
After yet another rejection close to USD 10,500, bitcoin price started a downside correction. BTC/USD broke the USD 10,350 and USD 10,200 support levels. It is now consolidating losses, with signs of a corrective decrease towards USD 9,850.
Similarly, there was a minor decline in most major...
$10K Bitcoin Prompts Influencers to Call a Bull Market
13.2.2020
Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback...
Bitcoin and Altcoins Dip Remains Attractive To Bulls
13.2.2020
Recently, bitcoin price made another attempt to climb above the USD 10,500 resistance area. However, BTC/USD failed to continue convincingly above USD 10,450 and recently started a downside correction. On the downside, there are many key supports near USD 10,050 and USD 10,000.
Besides, there was...
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
12.2.2020
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...
Ethereum and Tezos Surge Most in Top 10 as Altcoins Rally
12.2.2020
Both ethereum (ETH) and tezos (XTZ) surged overnight to post double-digit 24-hour gains, positioning them as two the best-performing cryptoassets among the top 10 coins both over the past 24-hours and for the week.
As of pixel time (10:00 UTC), ETH is up by over 14% over the past 24 hours to...
Bitcoin and Altcoins Restart Uptrend, Climb To New 2020 Highs
12.2.2020
After a short term downside correction, bitcoin price found a strong support above USD 9,650. As a result, there was a strong increase above the USD 10,000 resistance area. The price even broke USD 10,200 and traded to a new yearly high close to USD 10,500.
Also, there were strong gains in most...
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