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10 h
BTC
Why it makes sense for every investor to buy Bitcoin now

The past six months are likely to leave a lasting impact on almost all economies in the world for a few years to come. The COVID-19 pandemic and the resulting uncertainty that surrounds most markets reveal how delicate our traditional financial systems are. While Bitcoin cements itself as a substitute for gold and positions itself […]

12 h
ETH
Ethereum locked in DeFi spikes; Total Value Locked nears $1.5 Bn

The DeFi space has fairly recovered following the cryptocurrency market meltdown three months back and has gained major momentum as it recently surpassed the crucial $1 billion total value locked. In the latest development for the DeFi ecosystem, the total value [USD] locked climbed to a fresh all-time high as it stood at $1.48 billion […]

13 h
ADA
Cardano long-term Price Analysis: 21st June

Cardano has been one of the few altcoins which have successfully recuperated from the gains wiped off by the Black Thursday crash. The tenth-largest cryptocurrency by market cap has been trading close to its June’19 highs at $0.0804. One of the major drivers for the coin’s price has been the development around Shelley and the […]

14 h
BTC
Coin swap may increase Bitcoin’s privacy, but here’s the downside

Bitcoin has come a long way since its inception. While there are concerns regarding Bitcoin having strayed away from its original ideals, in comparison to traditional forms of finance, cryptocurrencies offer greater safeguards for privacy and are censorship-resistant. Bitcoin developer Chris Belcher in a recent episode of the What Bitcoin Did podcast, elaborated on why […]

15 h
Bitcoin’s highest correlation is with XRP, while BTC-ETH comes in fourth

As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in the market, this stability means more time at the coattails of Bitcoin. This sideways BTC movement, persisting for the better part of a month […]

15 h
LTC
Litecoin short-term Price Analysis: 21 June

Litecoin was being traded at $43.47, at the time of writing, after a minor surge of 0.74% over the last 24-hours. While the silver crypto maintained a consistent upward trend since the crash back in March, following the recent correction, the coin suffered major falls; multiple attempts to break above the crucial $45 have not […]

16 h
BTC
Bitcoin short-term price analysis: June 21

For an asset notorious for its volatility, bitcoin has had a quiet a low volatile period. The 30-day estimate showed volatility of 2.41%, a level seen before the Black Thursday drop. Bitcoin: 1 Hour Chart From the above chart, it is clear that the price has broken out of the descending triangle pattern. As the price […]

19 h
BTC
Bitcoin retail traders account for 96% but ‘professionals’ hold sway over market

After four or five years of Bitcoin’s existence, it achieved a wider exposure from retail investors. A decade later, retail investments in the Bitcoin market are still huge. According to the latest Chainalysis report on Bitcoin market data, most traders were retail. Chainalysis describes retail traders as those who deposit less than $10,000 worth of […]

20 h
Ethereum, XRP, LINK price analysis: 21 June

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. This bearish momentum, as always, did influence the way prominent altcoins like Ethereum and […]

21 h
Tezos, Ethereum Classic, Dogecoin Price Analysis: 21 June

Bitcoin may be trading in a stable range, but that is not the case for most altcoins. With the king coin providing no push-and-pull effect to the rest of the market, most altcoins are breaking away, and not in bullish spirits, but with bearish woes. A testament to this defiance are Tezos, Ethereum Classic and […]

23 h
BTC
Bitcoin may enter Q3 2020 with a trend reversal

In 10 days, the digital asset industry is bidding its farewell to Q2 2020 and, after a disastrous Q1, Q2 was fairly positive. According to Skew charts, Bitcoin is on its way to register approximately 44 percent in positive quarterly returns. However, Arcane underlined a peculiar statistic going into the final days of the quarter. […]

1 d
BTC
Bakkt’s Bitcoin delivery in 2020 reaches ATH in USD terms

It has been a long road for Bakkt since its initial launch on 23 September 2019. After initially being at the receiving end of an underwhelming reception from the market, the ICE-backed exchange soon started to pick up pace in 2020. In fact, despite periods of instability in the Bitcoin market, the popular exchange has […]

1 d
BTC
Bitcoin CME COT report hints at short positons increasing soon

Bitcoin’s price has been hovering under $10,500 and above $9,000 for almost 10 months now. In these 10 months, the price has dropped down to $3,800 and hit $10,000, however, it doesn’t seem to be any closer to getting out of this range. With another week now coming to an end, the CME COT report […]

1 d
Bitcoin Cash short-term Price Analysis: 20 June

Disclaimer: The following analysis attempts to foresee Bitcoin Cash’s price movements over the course of the next 24-hours Bitcoin Cash noted an impressive price rally this year. However, at the time of writing, BCH was still far from recovering more than 50 percent of its February values. In fact, at press time, the cryptocurrency market […]

1 d
XRP
Ripple-backed PayID initiative not limited to XRP or fiat

San Francisco-based blockchain giant Ripple has continued to work towards strengthening its expansion into the Asian market. Additionally, the firm has also recently been working on adding new ODL corridors in Europe, the Middle East, Africa, Asia-Pacific, and Latin America. Ripple has been quite vocal about its long-standing goal, its plans to replace international wire […]