What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn’t mean that the sector leaders are not occasionally challenged by competitor networks. Two forked projects that once… Continue reading What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

Zcash (ZEC), Horizen (ZEN) and Hedget (HGET) soar as altcoins lift off

Three of Cathie Wood’s ARK exchange-traded funds bought nearly $246 million worth of Coinbase Global Inc. (COIN) shares on its listing day. Another fund, Amplify Transformational Data Sharing ETF (BLOK) also purchased COIN stock. These purchases show that ETFs are eager to buy into the crypto growth story. Crypto market data daily view. Source: Coin360… Continue reading Zcash (ZEC), Horizen (ZEN) and Hedget (HGET) soar as altcoins lift off

Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq

Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market. COIN’s reference price was initially $250 but the stock opened at $381 and rapidly rose to a high of around… Continue reading Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq

Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

Bitcoin’s (BTC) hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move. The bulls are searching for a positive catalyst to thrust the price above the overhead resistance. On the contrary, the bears may be standing by in anticipation of any signs… Continue reading Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

1inch, Celsius (CEL) and PancakeSwap (CAKE) rally as traders return to DeFi

Bitcoin’s (BTC) range-bound action since its breakdown at the $61,000 level has confused analysts. Some are projecting that a sharper correction could be in development while others remain steadfast in their belief that the uptrend will resume shortly. According to data from Ecoinometrics, history suggests that Bitcoin price breaks out between 300 and 350 days following a… Continue reading 1inch, Celsius (CEL) and PancakeSwap (CAKE) rally as traders return to DeFi

Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA

According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed down from the 240% recorded in Q4 2020.  As Bitcoin price moves higher, more funds… Continue reading Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA

XRP Tops A Three-Year High Above $1 Amid New Turn In Ripple Lawsuit

Advertisement &  &  XRP is going from strength to strength, shattering its way to new highs. On Tuesday, the price of the now fourth-ranked cryptocurrency jumped above $1 for the very first time since 2018. The remarkable milestone comes amid a market-wide rally whilst foregoing the fact that Ripple — the blockchain startup behind XRP… Continue reading XRP Tops A Three-Year High Above $1 Amid New Turn In Ripple Lawsuit

Miner Selling Pressure Drops. Analyst Predicts Bitcoin Supply Crisis Underway

Advertisement &  &  Fundamental factors carrying Bitcoin through the rally are increasing. From old-time buyers halting traditional sales patterns, to institutions accumulating more Bitcoin, the market is poised to move with more vim. Other key players in the market are Bitcoin miners, who have recently stopped selling their Bitcoins. Bitcoin miners reportedly desisted Bitcoin sales… Continue reading Miner Selling Pressure Drops. Analyst Predicts Bitcoin Supply Crisis Underway

Bitcoin Sees Best Q1 Performance Since 2013 – What To Expect In The Near Term

Advertisement &  &  The month of April is extremely promising for Bitcoin. The benchmark cryptocurrency has surged 101% in the first quarter of the year, proving that the bull market has impacted the asset in many ways. Bitcoin takes on $60,000 Historically, Bitcoin has had the best 1st quarter performance since 2013. According to data… Continue reading Bitcoin Sees Best Q1 Performance Since 2013 – What To Expect In The Near Term

Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA

According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion.  The bank said, “any such crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin… Continue reading Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA