The run-up to the May 2020 block reward halving will look nothing like the last two, says Willy Woo, as bearish sentiment characterizes markets. Bitcoin (BTC) barely managed to maintain $8,000 support on Nov. 19 as analysts warn the outlook for markets is increasingly bearish. Cryptocurrency market daily overview. Source: Coin360 Bitcoin sheds 3.7% overnight […]
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Bitcoin’s bearish price action has led many traders to set their sights on altcoins and this week a handful of tokens added notable gains. The United States Federal Reserve believes that stablecoins “could complement existing payment systems and improve consumer welfare” but the operators behind the digital assets will require constant oversight and regulation. The […]
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Bitcoin’s recent 42% rally may have prepared altcoins for a new upcycle. Last week Bitcoin’s (BTC) price action surprised the majority of the market and traders are now looking closely at altcoins to spot similarities that might signal a new altcoin market cycle. Daily crypto market data. Source: Coin360 As Bitcoin surged, China-based altcoins began […]
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The United States-based branch of major crypto exchange Binance, Binance.US, is adding support for Dogecoin tonight. The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST […]
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Cryptocurrency markets are turning red, while Bitcoin takes a sudden dip below $8,200 after trading sideways for the better part of the day. Tuesday, Oct. 15 — Bitcoin (BTC) has continued to trade sideways for most part of the day, while taking a sudden dip in recent hours. Market visualization. Source: Coin360 The world’s most popular […]
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Ethereum co-founder turned Cardano creator Charles Hoskinson believes that if Bitcoin fails, the entire cryptocurrency industry could fail. Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson believes that if Bitcoin (BTC) fails, the entire cryptocurrency industry could fail. Hoskinson made his remarks during an interview for the Off the Chain podcast on Oct. 10, […]
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Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The […]
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Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts. Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, […]
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Cryptocurrencies have entered the green zone after seeing some losses over the past day, with the Bitcoin price hovering around $8,100. Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump […]
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Cardano CEO Charles Hoskinson announces that global sport and footwear brand New Balance will use the Cardano blockchain to help authenticate its products. Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products. The announcement According to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, […]
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