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Monero Experiences Intraday Boom; Trades Above $100
21.8.2020
Monero (XMR), at the time of penning down this analysis, had breached yearly high above $100 and $105 at $106. After drawing a declining trend in the 2nd half of the previous year, XMR coin strengthened at the onset of the year as it gained over 100% in 6 weeks from trading below $50 at …
New Crypto Market AI Prediction System Wants To Automate Crypto Trades
20.8.2020
U.S. financial services business Capital One has developed a new system to predict crypto market trends with the use of artificial intelligence (AI), contributing to the company’s trading activities. To safeguard the intellectual property of the solution designed to make crypto trades more rooted...
Chainlink (LINK) Appears Bearish Yet Trades Above $15
19.8.2020
Chainlink has been the most talked-about crypto of the year as it experiences an escalating price momentum after trading laterally until now. Moreover, it has been in this year itself that Chainlink has lured many strategic partnerships until now and its native token—LINK is fetching all...
Bitcoin Faces a Stringent Resistance at $12k; Trades at $11.8k
17.8.2020
Bitcoin, at the time of penning down this article, was trading above $11.5k at $11.8k and is notably trading above 61.80% Fib Retracement level. Over the past three weeks since the beginning of the month, the price movement of BTC has been swaying above $11k with just intermittent rise and dip...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
14.8.2020
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading...
DigiByte Reclaims 2-Year High; Trades Above $0.030
11.8.2020
DigiByte (DGB), at the time of penning down this analysis, was trading around $0.032, wherein the coin is now breaching an approximate 2-month high. With this, DigiByte’s 1-week social volume has spurred by 16.6%, according to LunarCRUSH Social Listening. With this, social media posts hit a total...
Chainlink Trades Around $10.5; Retains Complete Support
8.8.2020
Chainlink has been hitting fresh highs yet after the alt season seems over as Bitcoin started surging together with the major altcoins of the market. It is ranked amongst the top 10 cryptocurrencies of the market. Chainlink is getting closer to the smart contract ecosystem as it emphasizes on...
Bitcoin Cash Trades Above $300 But Holds Bearish Divergence
7.8.2020
Bitcoin Cash celebrated its 3rd anniversary just at the onset of the ongoing month and is getting closer to fulfilling the vision with each passing day. BCH, with its reach and adoption till date, is ranked amongst the top 5 cryptos of the market, holding a market capitalization of over $5.75...
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
5.8.2020
Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off
Litecoin Strengthens Above 50.0% Fib and Trades Above $55
31.7.2020
Litecoin (LTC), at the press time, was trading around $56 after recording a 24-hour high around $59 price area, yesterday. With bullish sentiments in the intraday market, the price trend of LTC/USD is near to breaching the upper 20-day Bollinger Band. Litecoin price along with Bitcoin, Ethereum...
‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
Verge is One of the Best Privacy Coins; Trades at $0.0060
30.7.2020
Verge is one of the best privacy coins to invest in now amongst the other two renowned viz., DAPS, and XMR specifically for privacy. Why XVG? The question has a simple answer as we emphasize on the price dynamics and recent partnerships of the Verge, we see that it joined hands with MobiePay...
XRP Breaches 4-Month High and Trades Above $0.24
29.7.2020
XRP, after reclaiming 30-day high in the second week of the ongoing month, extended its winning streak until the end of the month, and with that, it is now hitting the 4-month high above $0.24. XRP has always been reaping slow yet steady profits and is majorly influenced by Bitcoin and its price...
Cardano (ADA) Appears Intraday Bullish; Trades Above $0.130
25.7.2020
Cardano, which is a 3rd generation crypto, is working towards removing the limitation which otherwise is possessed by 1st generation Bitcoin and 2nd generation Ethereum. Scalability has been a significant issue for Proof of Work blockchain-based networks, and the trading fees of Ethereum is now...
Poloniex Adds US Election-Based Trades
24.7.2020
Poloniex has added crypto assets based on President Trump’s re-election
Canadian Regulator Accuses Coinsquare of Market Manipulation With Wash Trades Worth 590K BTC
18.7.2020
The Ontario Securities Commission has started a proceeding against cryptocurrency exchange Coinsquare and its executives. The Canadian regulator has accused the company of market manipulation, with 840,000 wash trades worth approximately 590,000 bitcoins, representing 90% of the exchange’s...
Stellar (XLM) Draws an Ascending Channel; Trades Above $0.100
17.7.2020
Stellar Blockchain makes its way in the smartphone sector as it is now available on Samsung Galaxy Smartphone, the most renowned brand with classic smartphones worldwide. Having collaborated with Samsung, Stellar extends the use of blockchain to have well-suited applications developed, along with...
Ontology Gains Over 30% in 2 Weeks and Trades Above $0.70
14.7.2020
Ontology has been gaining an edge in the altcoin market and has drawn an uptrend straight after the market crash in March. With a bullish intraday momentum, ONT/USD bullish candlewick of the price trend is hitting the upper 20-day BB. Ontology, which otherwise was seen trading laterally, is...