Why Alt-season Is Not Possible In The Near Term Despite Bitcoin’s 9% Growth In A Day
Bitcoin’s meteoric rise above $8,000 USD in the past 24 hours did little to increase investors’ confidence in taking up the risker altcoins as the top altcoins traded flat against the dollar as BTC gained highs of 9% in the past 24 hours. Despite positive chart patterns forming in the alt market, calling for a
Bitcoin’s meteoric rise above $8,000 USD in the past 24 hours did little to increase investors’ confidence in taking up the risker altcoins as the top altcoins traded flat against the dollar as BTC gained highs of 9% in the past 24 hours. Despite positive chart patterns forming in the alt market, calling for a
Twitter Buzz: Crypto Analyst Mati Greenspan Raises Questions Over XRP Tokenomics
Mati Greenspan, a prominent Financial and crypto analyst has increased his engagement on Twitter this holiday season. Not that it was any less before, Greenspan has almost always encouraged dialogue across all platforms. The most recent concerns came mostly from XRP investors trying to make meaning of the cryptocurrency from the analyst. It nearly broke
Mati Greenspan, a prominent Financial and crypto analyst has increased his engagement on Twitter this holiday season. Not that it was any less before, Greenspan has almost always encouraged dialogue across all platforms. The most recent concerns came mostly from XRP investors trying to make meaning of the cryptocurrency from the analyst. It nearly broke
BitMEX Research Releases Bitcoin, Altcoin and IEO Value Predictions for 2020
BitMEX Research just made predictions for the state of Bitcoin and cryptocurrency in 2020. It predicts a rather sour state of crypto in 2020. It includes ironies and even mocks Craig Wright about his claims of being Satoshi Nakamoto. First, the predictions made by BitMEX research on the price of Bitcoin [BTC] and state of
BitMEX Research just made predictions for the state of Bitcoin and cryptocurrency in 2020. It predicts a rather sour state of crypto in 2020. It includes ironies and even mocks Craig Wright about his claims of being Satoshi Nakamoto. First, the predictions made by BitMEX research on the price of Bitcoin [BTC] and state of
Bitcoin Dominance Set To Rise Past 70% In 2020. Here’s Why.
Bitcoin (BTC) on hand to cross the 70% dominance mark before 2020 as the price stabilizes above $7,000 USD. Technical indicators signal a push to $8,000 USD as altcoins keep losing against the top cryptocurrency. Bitcoin (BTC) has had a rocky week or so, as the price dropped to $6,400 USD before unexpectedly shooting back
Bitcoin (BTC) on hand to cross the 70% dominance mark before 2020 as the price stabilizes above $7,000 USD. Technical indicators signal a push to $8,000 USD as altcoins keep losing against the top cryptocurrency. Bitcoin (BTC) has had a rocky week or so, as the price dropped to $6,400 USD before unexpectedly shooting back
Traders Flock to Safe Haven Bitcoin [BTC], Matic’s Trading Volumes at 18K BTC
Matic token holders had a bad day in office yesterday. With the token nosediving, posting double-digit losses and price action threatening to make an example out of expectant HODLers, fear and panic gripped the market. According to market observations, an analyst concludes that traders and investors are more active, exchanging the token back and forth
Matic token holders had a bad day in office yesterday. With the token nosediving, posting double-digit losses and price action threatening to make an example out of expectant HODLers, fear and panic gripped the market. According to market observations, an analyst concludes that traders and investors are more active, exchanging the token back and forth
Altcoins Bottomed Against BTC in September Says Analyst; Is Altseason Knocking?
Altcoins are on a short slump against Bitcoin (BTC) at the moment despite gaining ground against the top cryptocurrency in the past few weeks. According to sampled crypto trading analysts, the altseason could be fast approaching as BTC further slumps below $8,000, setting a run downwards towards $7,500 support level. Across the top 10 cryptocurrencies,
Altcoins are on a short slump against Bitcoin (BTC) at the moment despite gaining ground against the top cryptocurrency in the past few weeks. According to sampled crypto trading analysts, the altseason could be fast approaching as BTC further slumps below $8,000, setting a run downwards towards $7,500 support level. Across the top 10 cryptocurrencies,
How Are Altcoins Like Radioactive Substances? Crypto Analyst Willy Woo Explains
Leading market analyst and Adaptive Fund partner, Willy Woo, in a recent analysis has compared Altcoins to radioactive substances alleging that they have limited and measurable life. He also said if plotted on a graph, the curve is nothing but a straight line. Furthermore, when an investor’s perspective is considered, altcoins can be divided into
Leading market analyst and Adaptive Fund partner, Willy Woo, in a recent analysis has compared Altcoins to radioactive substances alleging that they have limited and measurable life. He also said if plotted on a graph, the curve is nothing but a straight line. Furthermore, when an investor’s perspective is considered, altcoins can be divided into
Bitcoin [BTC] and Crypto Market Volatility Threatens Altcoin Dominance Again
Bitcoin [BTC] price flash rise from $7500 to $10,350 came to the cooldown on Saturday, witnessing massive volatility. The daily correction in price from the high is about $1350, as the price tested daily lows near $9010. The total market capitalization of the cryptocurrency market increased by over $50 million at the peak. Bitcoin contributed
Bitcoin [BTC] price flash rise from $7500 to $10,350 came to the cooldown on Saturday, witnessing massive volatility. The daily correction in price from the high is about $1350, as the price tested daily lows near $9010. The total market capitalization of the cryptocurrency market increased by over $50 million at the peak. Bitcoin contributed
Price Correlation Between Top 10 Cryptos at Highest Point Since May
Market movement among the top 10 cryptocurrencies by market cap reaches a six-month high as BTC price stalled at $8,200 USD. The realized correlation index between the top 10 coins stands at 82.8% – the highest in the past 6 months. A number of factors have contributed to this positive correlation among the major altcoins
Market movement among the top 10 cryptocurrencies by market cap reaches a six-month high as BTC price stalled at $8,200 USD. The realized correlation index between the top 10 coins stands at 82.8% – the highest in the past 6 months. A number of factors have contributed to this positive correlation among the major altcoins
Alt Season Won’t Come Before BTC Reaches New ATH Predicts Analyst
A crypto analyst, going by the name of Crypto_Ed_Nel on Twitter has predicted that the altseason will arrive only if BTC hits a new all-time high. Alt Season Depends On New BTC ATH Crypto analyst Crypto_Ed_Nl, founder of training & trading group Crypto-TA.nl, shared his opinion on the new BTC all-time high and the next
A crypto analyst, going by the name of Crypto_Ed_Nel on Twitter has predicted that the altseason will arrive only if BTC hits a new all-time high. Alt Season Depends On New BTC ATH Crypto analyst Crypto_Ed_Nl, founder of training & trading group Crypto-TA.nl, shared his opinion on the new BTC all-time high and the next
Analysts Predict Bitcoin Cash and Ethereum Doom – Will Altcoins Dive Further?
Tuesdays’ drop in Bitcoin price had more significant adverse effects on altcoins. Altcoins plunged by more than 15% on an average. Ethereum [ETH] swiftly dropped below $200 psychological support to test lows at $150. Bitcoin [BCH] Cash, Litecoin [LTC], XRP also plummeted below support levels. The altcoins are closing in on the year to date
Tuesdays’ drop in Bitcoin price had more significant adverse effects on altcoins. Altcoins plunged by more than 15% on an average. Ethereum [ETH] swiftly dropped below $200 psychological support to test lows at $150. Bitcoin [BCH] Cash, Litecoin [LTC], XRP also plummeted below support levels. The altcoins are closing in on the year to date
Wash Trading Has Reduced by 35% On Major Crypto Exchanges – BTI Surveillance Report
A recent surveillance report by the Blockchain Transparency Institute reveals that global wash trading has reduced by 35.7% exchanges among the top 40 exchanges. Binance, Bitflyer and Gemini Among the Winners Per the report, the cleanest exchanges are Poloniex, Kraken, Coinbase, and Upbit. On the other hand, OKEx and Bibox lead the exchanges with the
A recent surveillance report by the Blockchain Transparency Institute reveals that global wash trading has reduced by 35.7% exchanges among the top 40 exchanges. Binance, Bitflyer and Gemini Among the Winners Per the report, the cleanest exchanges are Poloniex, Kraken, Coinbase, and Upbit. On the other hand, OKEx and Bibox lead the exchanges with the
‘Nobody Wants to be the Bitcoin Pizza Guy’ Says VC Founder on Store of Value
Travis Kling, the Founder of crypto-focused Ikigai Fund and former equity portfolio manager, talked about the utility of Bitcoin. He also hinted that other payment cryptocurrencies might not hold value. Kling, like many, was an early skeptic of Bitcoin. However, he converted into a Bitcoin maximalist soon enough. He reiterated the fact that Bitcoin doesn’t
Travis Kling, the Founder of crypto-focused Ikigai Fund and former equity portfolio manager, talked about the utility of Bitcoin. He also hinted that other payment cryptocurrencies might not hold value. Kling, like many, was an early skeptic of Bitcoin. However, he converted into a Bitcoin maximalist soon enough. He reiterated the fact that Bitcoin doesn’t
Analyst Predicts 60% Drop in Altcoins Relative to Bitcoin [BTC] MCap
Bitcoin [BTC] closed 6.5% higher at $10,400 on a weekly scale. The week saw another altcoin dumping as Bitcoins dominance crossed above 70%. Nevertheless, the alts have made a brief comeback during the weekend. While the gains are slight, this is one of the very few instances of altcoin rise relative to BTC this year.
Bitcoin [BTC] closed 6.5% higher at $10,400 on a weekly scale. The week saw another altcoin dumping as Bitcoins dominance crossed above 70%. Nevertheless, the alts have made a brief comeback during the weekend. While the gains are slight, this is one of the very few instances of altcoin rise relative to BTC this year.
Bitcoin Loses Market Dominance As Alts Make A Come Back
Bitcoin is seen to be losing market dominance as alts are trying to make a comeback from the shock they experienced as a result of the bearish movement which rode through the crypto markets last year. Some analysts believe that alts will make a comeback and resume a drastic bullish movement, rising alongside BTC. BTC
Bitcoin is seen to be losing market dominance as alts are trying to make a comeback from the shock they experienced as a result of the bearish movement which rode through the crypto markets last year. Some analysts believe that alts will make a comeback and resume a drastic bullish movement, rising alongside BTC. BTC
Analysts Sound ‘Death Cross’ Alarms on Bitcoin and Ethereum – Here are the Levels to watch
Bitcoin [BTC] has been strongly holding above the $10,000 levels. The traders are at crossroads on whether the breakout would be bullish or bearish. Anthony Grisanti, founder of GRZ energy and CME futures trader rung bearish alarms, he said in an interview, I actually think it heads lower from here… It couldn’t hold the 50-Day
Bitcoin [BTC] has been strongly holding above the $10,000 levels. The traders are at crossroads on whether the breakout would be bullish or bearish. Anthony Grisanti, founder of GRZ energy and CME futures trader rung bearish alarms, he said in an interview, I actually think it heads lower from here… It couldn’t hold the 50-Day
Crypto-Market Update: BTC Dominance at 63%; Alts XRP, ETH Test 1-Year Support
Bitcoin’s [BTC] exaggerating run is a great piece of news for Bitcoin ‘holders’ and persistent bulls. Moreover, while the altcoins have also gained slightly with the momentum, the holders are altcoins are growing increasingly uncertain. There is a massive sell-out of altcoins that is currently in progression w.r.t. Bitcoin. Nevertheless, as the value remains consistent
Bitcoin’s [BTC] exaggerating run is a great piece of news for Bitcoin ‘holders’ and persistent bulls. Moreover, while the altcoins have also gained slightly with the momentum, the holders are altcoins are growing increasingly uncertain. There is a massive sell-out of altcoins that is currently in progression w.r.t. Bitcoin. Nevertheless, as the value remains consistent