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Bitcoin and Ethereum Fail Again, Altcoins Trim Gains


  Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000. Similarly, most major altcoins are also moving lower....

Study Shows Market Share of Altcoins Surged Threefold Since 2014


This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...

Chinese Central Bank Vows to Develop Real Estate Market


The Chinese central bank recently promised a healthy development of the real estate industry in the region. In addition, the financial institution talked about safeguarding the home buyers’ legal rights and satisfying their living needs. The PBOC (People’s Bank of China) released the statement...

Bitcoin and Ethereum Consolidate Below Hurdles, ADA Surges


Bitcoin price settled above the USD 50,000 level. BTC is currently (11:51 UTC) facing a strong resistance near the USD 51,200 and USD 51,500 levels. A close above USD 51,500 is needed for a sustained upward move. Similarly, most major altcoins are trading below hurdles. ETH is stuck below the...

Kadena Sees Christmas Rally with Yield Farming, NFTs in Focus


Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading. As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past...

OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap


  Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction.   ... Read More: OpenDAO's SOS Token Falls Over 20% After...

Bitcoin and Ethereum Target Additional Gains, Altcoins Rally


Bitcoin price corrected lower from the USD 51,500 zone. BTC tested the USD 50,000 zone and is currently (04:56 UTC) trading around USD 51,000 again. A clear move above USD 51,500 may possibly push the price towards the USD 53,000 level. Similarly, most major altcoins are also rising. ETH could...

Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US


The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset...

Bitcoin and Ethereum Show Bullish Signs, Altcoins Rally


  Bitcoin price gained pace for a move above the USD 50,000 level. BTC even surpassed the USD 50,500 level and currently (11:30 UTC) showing positive signs. An upside break above USD 51,200 could spark a fresh rally in the near term. Similarly, most major altcoins are slowly gaining momentum....

Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally


  Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction. Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...

Bitcoin Witnesses a Peak as Coinbase Goes Public- Market Year Round Review


In February, bitcoin’s price surpassed $50,000 when Tesla announced a $1.5 billion investment in Cryptocurrency. The reaction of the market prompted one creative T-shirt merchant to produce a $19.99 T-shirt printed with the words “Elon’s Candle,” alluding to Tesla’s wealthy...

Bitcoin and Ethereum Struggle to Recover, AAVE Accelerates


  Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides. Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well...

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