The Ethereum price action is gradually running out of steam after hitting a two-year high by reaching $445 just recently. Can Ethereum confirm the $400 price level as the new support before bulls step on the gas? During the weekend, the price of Ethereum dropped under the resistance level at $438, before hitting the lows […]
Altcoin News
DeFi Project ‘Curve’ Eyes for $1B TVL Days After ‘Unexpected Deployment’
The DeFi boom of 2020 is real and is showing no signs of slowing down. Over the past couple of years, the DeFi ecosystem has evolved significantly with the foray of new market participants which are continuously building new infrastructure. The new kid in the block is a decentralized Ethereum liquidity exchange pool called Curve […]
Ethereum, Bitcoin SV, Tron Technical Price Analysis on 16th Aug 2020
Volatility is completely locked in the cryptocurrency industry at the moment. Ethereum surged towards news new yearly high of $443 over the past day but other coins joined in the rally during ETH’s decline. The market altogether continued to picture a sense of divergence in the charts, like other altcoins continued to improve their standings […]
Chainlink, Litecoin, EOS Technical Analysis on 16th August 2020
The collective cryptocurrency market appeared to be in a consolidation phase. The market cap was registered at a whopping $373 billion, a level unseen since May 2018. While Bitcoin has faced multiple rejections at the coveted $12k-level, several altcoins have, however, sprung up in action. Joining the bandwagon are coins such as Chainlink [LINK], Litecoin […]
Bitcoin, Bitcoin Cash, Litecoin Technical Analysis on 14th August 2020
Crypto market capitalization jumped to $20 billion in the industry after a flurry of bullish momentum took the entire market along with it to the top. Ethereum was a star performer, clocking a new yearly high of $433, but other assets were still able to take advantage of the rally. Bitcoin completed its recovery from […]
Ethereum’s 2-Year High of $433 Does Not Match its Network Growth
In 2020, Ethereum made a name for itself to surprise the community when they least expected a breakout. On July 21, when Ethereum surged over $170, rising from $230 to $400, ETH proponents were on the verge of believing that anything could happen now. However, people in the crypto space tend to forget about the […]
Bitcoin Slips Below $11,300 But Majority of Bitcoin Miners Remain Profitable
Bitcoin’s price position in April 2020 was extremely critical. With the price hovering just under $7700-$8000, the main concern for several analysts was the capitulation of miners following the halving event. On 11th May, the block rewards of miners were cut short to 6.25 BTC per block and many expected BTC to witness a bearish […]
Ripple(XRP) Price Prediction: XRP has Necessary Momentum to Re-Test $0.30
With a 12.27% drop in the charts, XRP’s price position in the market was drastically altered over the past 24-hours. With Bitcoin witnessing a major pullback itself, some of the major altcoins were following the kingcoin’s path. ripple’s market capitalization decreased to $12.49 billion at the time of writing, with a $2.2 billion trading activity […]
Bitcoin SV,Ethereum,Tron Altcoin Technical Analysis on 10th August 2020
Volatility has been strongly exposed in the cryptocurrency market in the month of August, which has resulted into large-cryptos surging and dumping slightly on the charts. During such high volatile period, coins were contributing to sideways movement and at the time of writing, many of these assets were unsure of the trend to follow. mentioned […]
Number of Large Bitcoin Cash Holders Slump as Price Rises by Almost 40%
Bitcoin Cash holders with at least $ 3 million have declined since August 10, following a huge price spike to over $311. Several Bitcoin Cash whales have abandoned the network following a nearly 40 percent price surge, probably trading or selling their BCH worth millions of dollars. Massive Bitcoin Cash holders clearing the bag A […]