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After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower after losing more than 50% in value in just over a month. The token, which briefly overtook Bitcoin Cash as the fifth-ranked crypto in market capitalisation terms, was ranked 9th on Markets.Bitcoin.com at the time of writing. On the … Read more
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange withdrawals also surpassed deposits on … Read more
Bitcoin’s next bull run will look very different from the last one. In 2017, BTC took the elevator to $20K before following the stairs down to $3K over the course of 12 months. In 2020, as bitcoin prepares for its halvening – followed by another potential price run – the cryptocurrency landscape looks very different. … Read more
Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many … Read more
2019 has proven a challenging year in which to launch a crypto startup, with the most successful tokens recording only modest returns. Investors chasing the sort of double-digit returns that were one commonplace have been mostly frustrated by a markedly more conservative market in which picking a winner has called for a combination of shrewdness … Read more
The second quarter of 2019 is coming to an end and for those who invested in cryptocurrencies this year, market prices are a whole lot higher than they were a year prior. Since the significant lows in December 2018, most digital currencies have captured remarkable gains. Also read: Policymakers Meet to Finalize Global Crypto Guidance … Read more
In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC … Read more
BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines … Read more
The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) … Read more
Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You … Read more
