The crypto market often goes on roller-coaster rides. During these cycles, Bitcoin, being the largest cryptocurrency in the world, has been able to drive pumps and dumps in the altcoin market time and again. While, historically, there might not have been much price volatility between Ethereum and Bitcoin, but there could be signs of reversal […]
Altcoin News
Cardano, Tron, Binance Coin Technical Analysis on 20th August 2020
Prior to the market correction, the cryptocurrency market was in a state of consolidation. The latest decline in the valuation of the coins drove the collective market cap to $365 billion. This could, however, attract buyers as the long-term picture suggested a bullish outcome. Cardano [ADA] Cardano [ADA] has so far failed to consolidate below […]
Bitcoin’s Dominance Slides to 14-Month Low as Altcoins Renew Strength
Bitcoin, the largest digital asset by market cap, has lost significant dominance over the last year. More recently, it failed to retain its value over $12,000. Following the latest downside correction, the King coin dropped back to $11,740. At the of writing, BTC dominance was a little over 58%. The coin recently breached the dominance support […]
Tron’s New DeFi Instrument JustSwap Breaks 6M in Total Volume in Less Than 24 Hours
Justin Sun formally launched JustSwap on August 18th at a live stream event introduced JustSwap to JUST (JST) and Tron ecosystem users. JustSwap, the first exchange token protocol on Tron (TRX), is expected to open the Tron blockchain users to the DeFi world, a space that has seen a splendid rise over the past year. […]
XRP, Chainlink, Bitcoin SV Technical Analysis on 19th August 2020
The cryptocurrency market underwent a correction driving the collective market cap to face a major retracement all the way back to $370 billion. After a short-lived tryst above the $12k-mark, Bitcoin was back below the crucial key level. Following suit were several major altcoins such as XRP, bitcoin SV( BSV )& chainlink that recorded minor […]
Bitcoin, Litecoin, Tron Technical Analysis on 18th August 2020
The cryptocurrency market has been soaring to highs that were not seen for a long time and neared the $400 billion market cap collectively. As the king coin surged, the altcoins closely following its footsteps, surpassed key resistance levels. Bitcoin [BTC] Bitcoin finally breached the coveted $12,000 mark after the recent surge. At the time […]
Tron, Cardano, Ethereum Technical Analysis on 17th August 2020
The market cap of the collective cryptocurrency market currently rose to $376 billion following the latest upsurge. As Bitcoin’s price action neared a step closer to the $12,000-mark, top altcoins also staged an upside alongside the king coin. Tron [TRX] The fifteenth-largest cryptocurrency, Tron has been on a constant upward slope since the second week […]
Litecoin’s SegWit Usage Hits 80%, Bitcoin Trails Behind
Among other blockchain upgrades, Segregated Witness [SegWit] has been one of the most popular protocols whose narrative revolved around altering the block size limit by removing signature data from the transaction.This allowed addresses to both decrease the size and cost of individual transactions while increasing the maximum block size to more than 1 MB. The […]
Will Litecoin’s Price Mimic Network’s Uptrend?
The Litecoin network has been around for almost a decade now and recently, the fundamentals of the network have shown strong growth that could catapult the valuation of the coin. A source code fork of the Bitcoin Core client, its value proposition has been a bone of contention. Over time, the network has seen significant […]
Ethereum: ETH Was Valued at $1042 When it Last Reached 1.24 Million Daily Tx.Count
The spotlight continues to be on Ethereum, as August is turning out to be an extremely price lucrative month for the largest altcoin. Since 1st August, Ethereum was registered all-time highs of three occasions, going step by step from $400 to $425 to $443. Although after clocking in $443, the asset has faced corrections, the […]