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Ethereum held by exchanges grows by 5%; taking Bitcoin’s space?

If the difference between Bitcoin and Ethereum‘s market cap is observed right now, it can be found that Bitcoin is ahead of Ethereum by a whopping $115.86 billion. At face value, there should not be a comparison of any sort between the two; however, it is human proclivity to compare the 1st and 2nd best […]

1 d
Ethereum’s DeFi notes spike in TVL within hours of price hike

The Decentralized Finance [DeFi] platform was one among many to have been massively hit by the market collapse in March. In fact, the effects of the same were until recently, still being felt, with the Total Value Locked in DeFi moving sideways for a while.  However, on 6 April, as Ethereum’s price rallied to the […]

1 d
BTC
Ethereum’s control of the stablecoin market leaves Bitcoin in its wake

All of a sudden, every digital asset has a narrative in the industry. To no one’s surprise, Bitcoin registered a number of fundamental changes after the crash in March. However, what may have come as a surprise to many is the significant activity on the stablecoins front. With price volatility spiking through the roof for […]

1 d
XRP, Ethereum Classic, Decred register bullish action, in tandem with Bitcoin

The collective market cap, at press time, rose to $209.7 billion, for the first time since the market’s collapse on 12 March. In fact, at the time of writing, Bitcoin‘s dominance had dropped to 64.4% as well. With the king coin rallying higher and holding its position above the $7,000-mark, altcoins followed suit, breaching their […]

1 d
BTC
Bitcoin’s Lightning ‘play’ with derivatives is a pitch far from perfect

The debates around Bitcoin’s Lighting Network have continued to make headlines, despite the fact that it has been years since these first emerged. The 2nd layer payments protocol on the Bitcoin blockchain is supposed to solve Bitcoin‘s scaling issues and enable more payments in a faster and reliable manner. However, it has been reported that […]

1 d
BTC
Bitcoin: Lightning Network strikes again as locked-in BTC hits 9-month high

Bitcoin is the undisputed leader of the cryptocurrency realm. Altcoins and tokens continue to follow the king coin’s lead. Despite such dominance, however, the world’s largest cryptocurrency remains a work in progress. To address some of the woes in the Bitcoin network, many implementations have been tried and tested. One of the most popular solutions […]

1 d
Bitcoin’s rally triggers optimism in Futures realm as expectations rise

The total cryptocurrency market capitalization broke the $200 billion mark on 7 April, a level last seen in March, right before the crypto-market collapsed. As the market’s positive momentum continued to sustain itself, there were a lot of expectations regarding the coin’s bullish progression in the days to come. This is an interesting development since […]

1 d
ETH
Ethereum remains undervalued despite hike, suggests MVRV ratio

Ethereum’s market was met by a lot of upward momentum on 6 April, with the movement helping the spot price of the digital asset, while also reinstating confidence in the market. The price of the world’s largest altcoin got a boost of 22.29% over a period of 24-hours and was being traded at $172.17, at […]

1 d
BTC
Bitcoin’s skewed movement is ending, rather than just beginning

Bitcoin, after breaking $7,000, mounting a YTD positive return, and reaching its highest price point in over three weeks, is looking relatively stable now. The price movement of the world’s largest cryptocurrency in the market has certainly been optimistic over the past few days; however, it bears little evidence of future movements. In fact, as […]

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ETH
Ethereum’s surge propels Zcash, BitTorrent market momentum

The larger altcoin market noted a rising uptrend on 6 April, with the uptrend in question allowing many such alts to enjoy much-needed market momentum. Ethereum [ETH] The second-largest coin in the crypto-market, Ethereum [ETH] has recorded 29.78% in returns since the beginning of 2020. The recent, unexpected push in the altcoin’s prices moved Ethereum’s […]

1 d
BTC
Bitcoin is strong, even without ‘unnecessary’ Lightning Network

Bitcoin Cash and Bitcoin SV‘s upcoming halvings on 8th and 9th April, respectively, have fueled a lot of curiosity among traders, many of whom are still speculating on the effects of these halvings on the price of Bitcoin. In fact, crypto-strategist Tone Vays had recently opined that BSV is totally irrelevant and wasn’t going to […]

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Bitcoin’s breach of $7,000 overshadowed by Dogecoin, Maker’s breakout

You would think that Bitcoin’s move over $7,000 and what appears to be consolidation thereafter is evidence of a breakout. However, on adopting a more nuanced long-term view, the breakout is on the side of the altcoins, not Bitcoin. In particular, Dogecoin, the meme cryptocurrency, and Maker, the Ethereum-backed crypto, are moving out of their […]

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BTC
Bitcoin may see new users ‘late this year,’ if it goes above $10K

March’s crypto-market crash resulted in many questioning Bitcoin’s credentials at being an uncorrelated and safe-haven asset. However, despite such developments, many community members like Anthony Pompliano, Caitlin Long, and Binance CEO CZ continued to defend the cryptocurrency, with these members arguing that Bitcoin cannot be judged based on its short-term performance. In fact, Bitcoin proponent Tone […]

2 d
Tether’s on-chain withdrawals spikes; what does this mean for Bitcoin?

Over the past couple of weeks, popular stablecoins such as Tether [USDT] have seen strong accumulation. It was the stablecoins that benefitted the most as the market reeled downward. Following the crypto bloodbath in the second week of March, when expectations of further price decline hit the institutions, they abandoned the Bitcoin ship and resorted […]

2 d
XLM
Stellar, NANO go bullish while Steem moves along bearish lines

Several altcoins that were off to a good start in January experienced massive fluctuations as they entered February and March and given the recent market crash, all cryptocurrencies incurred huge amounts of losses. However, altcoins like Stellar and Nano are currently aiming at an upward trend while Steem continues the bearish run. Stellar Stellar that […]