There is now an air of unpredictability surrounding XRP. Bitcoin is currently consolidating above $15,000, and other altcoins such as Ethereum and LINK have been steadily rising higher and higher in charts. It wasn’t exactly the same for the fourth-largest asset, which was still trailing behind its 2019 highs, let alone registering a new ATH since […]
Ethereum, Chainlink, Bitcoin Cash Technical Analysis on 27th September 2020
As we near the end of Q3 2020, market volatility remains at its peak with major altcoins exhibiting extreme sideways movement over the past month. While the last 24-hours were rather timid, price action has been active all week, with several coins picturing positive moves on their short-term chart. We analyzed the markets of Ethereum, […]
3 Reasons Why Bitcoin’s Market Shift is Pulling the Price Above $12,000
When Bitcoin surrendered its higher price position at the start of September, many expected a drastic fall in price after the asset had built up its stature in August. Now that the industry is nearing the end of September, rather than consolidating a value below $10,000, BTC seems to be comfortably above it. The last […]
Stablecoins Become First Crypto to Receive Regulatory Green Light from SEC, OCC
A monumental turn of events took place on Monday for the digital asset space, as Stablecoins became the first cryptocurrencies to received guidelines from the Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency(OCC). According to the official press release, a list of national guidelines were revealed on how fiat-backed […]
China Needs to be First in the CBDC Race: People’s Bank of China
While the development of a state-back digital currency is taking place in multiple countries across the world, China has made it clear that it is looking to dominate the sector before anyone else. According to a recent report by Reuters, the People’s Bank of China is emphasizing on the importance of being the first-mover in […]
100,000 Bitcoins are Currently Locked on Ethereum, Should Ether be Worried?
Ethereum’s network has single-handedly changed the blockchain scenario in 2020. Well, it might not be that single-handed(More like DeFi handed), but its utilization has been off the charts. With the explosion of DeFi, the hype surrounding the development of ETH 2.0 and the overall price turbulence, has collectively put Ethereum under everyone’s attention. Recent data […]
Why is Bitcoin Traded the Least in China/East-Asia?
The cryptocurrency market has become extremely diversified over the past decade. With trading activity taking place in over eight different regions of the world, the distribution in terms of transactions is pretty significant. Amidst all the trading regions, East Asia is the world’s largest cryptocurrency trading market, as the region as accounted for about 31% […]
Bitcoin, Tron, DASH Technical Analysis on 18th September 2020
The cryptocurrency market as a whole was a little bit erratic at the moment. With major altcoins displaying different trends, there was a sense of uncertainty in the charts. Bitcoin, Tron, and Dash followed separate market trends over the last day as the threat of another bearish pullback loomed large in the industry. Bitcoin hourly […]
Bitcoin May Hit $30k in Dec 2020 Despite Low Social Sentiment
It seems like the time is ticking for bitcoin. The largest digital asset is currently at the top of its recovery after the initial collapse in September, but the majority of the altcoins have been struggling to keep pace. Usually, that would be a positive sign for Bitcoin, but the market sentiment indicated that the […]
XRP Price: XRP’s Bullish Rally Will be Reversed if $0.252 is Not Taken Over
XRP’s price movement during the past week has been sluggish. While most of the top digital currencies were exhibiting a significant amount of volatility in their market, XRP’s price did not make too much noise to ascertain a level of enthusiasm. The industry as a whole was now turning a bit bearish with the only […]