A frenetic 24 hours has seen many major altcoins put in at least 10% growth, while Bitcoin holds ground above $9,500. Altcoin investors had much to celebrate on Feb. 6 as NEM (XEM) led a resurgence in the price of many major cryptocurrencies. Cryptocurrency market daily overview. Source: Coin360 NEM hits six-month high Data from […]
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XRP and XLM are following the path of other altcoins that recently broke above their long term downtrends with impressive double-digit gains. While many altcoins have been showing significant strength during the recent weeks, some have been lagging. One of these coins is XRP (XRP), which is still hovering around key support and has yet […]
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The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips. The International Monetary Fund chief economist Gita Gopinath said in a panel discussion at the annual World Economic Forum (WEF) in Davos that Facebook’s Libra was a major […]
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The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days. The total market capitalization of the crypto space rallied from about $184 billion on Jan. 3 to a high of $250 billion on Jan. 19. That is a 35% gain within a […]
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Bitcoin price topped $9K for the first time in 2020, leading traders to focus on flipping $9.2K to support in order to continue the rally to $9.6K. On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has […]
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Binance looks to expand in the country, a new working group assesses security token offerings, and more headlined news in Japan this past week. This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union […]
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Prices moved up and back down, yet the talent kept coming to work: Let’s take a look at a list of individuals who abandoned legacy industries and ventured into blockchain in 2019. Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and […]
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Thai Stellar-based blockchain startup Lightnet raised $31.2 million in a Series A funding round led by major financial conglomerates in South East Asia. Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates […]
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Several altcoins have made their first move from longtime lows and if Bitcoin is able to confirm a bottom, a marketwide rally is likely to pick up steam. The price of an asset class is determined by its fundamentals and the sentiment towards it. At times of panic or exuberance, fundamentals take a back seat […]
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Which cryptocurrencies saw the biggest price jumps or descents in 2019? The start of 2020 is a great time to look at the path travelled by cryptocurrencies up and down the price charts and analyze how these coins have been performing throughout the previous year. The prices of most cryptocurrencies changed tremendously throughout 2019, as […]
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