Bitcoin dominance is likely topping out, Michaël van de Poppe argues, as Bitcoin gives way to strong moves from some top ten altcoins. Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple’s threatened U.S. lawsuit was felt throughout crypto markets. Cryptocurrency market overview. Source: Coin360 BTC price dips as Coinbase halts […]
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XRP price hit new monthly lows after Coinbase revealed it will delist the token in January. XRP price dropped by 30% on Dec. 29 following Coinbase’s decision to suspend trading. The market sentiment around XRP has become overwhelmingly negative due to the fear of more exchange delistings. In the near term, XRP faces three key […]
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Coinbase plans to suspend trading for the token on Jan. 19 but added it “may be halted earlier as needed.” Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple. According to a blog post published today by Coinbase chief legal […]
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High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show. Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible to segregate institutional investors from individual investors through on-chain data. […]
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Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency […]
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Bitcoin whale clusters show $23,409 as a key support area, which means the ongoing rally has a strong floor. Bitcoin (BTC) whale clusters show that the $23,409 level has become an area of focus for large traders. This indicates that the ongoing bull run is buoyed by whales continuing to accumulate above $23,000. Whale clusters […]
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If Bitcoin seeing a minor correction or consolidation in the next few days could benefit select altcoins. The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds […]
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Bitcoin price achieved a new all-time high at $25,945 following a large short squeeze in the futures market. The price of Bitcoin (BTC) has reached a new all-time high of $25,945 on Binance on Dec. 26 merely a day after it achieved its previous record high on Christmas day. BTC/USDT 1-hour price chart (Binance). Source: […]
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Crypto Twitter is a myopic dystopia that manages to be toxic even in a bull year. Yes, yes, I know: You’re an excellent Twatter, and omitting from this list your one zinger that got 50 likes borders malfeasance. Likewise, this reporter is a negligent compiler of listicles for overlooking some spicy day where your favorite […]
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With only a few days of 2020 left, here’s a look at some of the major disappointments in the crypto industry during the year. While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating […]
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