Blockchain 

Bitcoin Could Fall Below $10,000 Mark As Altcoins Gain

Bitcoin’s value risks falling below the $10,000 USD psychological mark this week after making some strong gains last week. Bitcoin Dropped to $10,060 Today The world’s top cryptocurrency dropped to $10,060 this morning, which is the lowest valuation since September 2. Momentum last week saw BTC recover from falling below the $10,000 mark at the end of August, as excited analysts abandoned their bearish sentiments. However, analysts now await an external event to assess Bitcoin’s current performance against, and this could come with the launch of Bakkt later this month. Eagerly…

Read More
Blockchain 

Bitcoin Continues to Face Hurdles at Higher Level, Altcoins Follow

Bitcoin enjoyed one of the strongest runs since the latter part of 2017 during the first half of this year. During those first six months, the cryptocurrency gained in each of the six months of the year, but the momentum came to an end in July, and the indecisive performance has continued into August. The token has threatened to break out plenty of times during the course of this month, but the rally eventually fizzled out, and the same thing happened again. Price Movement and Analysis Over the course of…

Read More
Blockchain 

Altcoins Almost Wiped Out as Cypto Market Cap Drops $30 Billion

Thursday was a bad day for altcoins as almost $30 billion USD was knocked from the total crypto market capitalization. Where Bitcoin Goes, Altcoins Follow Crypto market capitalization was estimated to be around the $280 billion USD during midday trading yesterday; however, as Bitcoin suddenly took a near 10% hit today to drop below $10,000 USD share price, altcoins were largely forced to bear the brunt of the drop in confidence. Ethereum, Ripple, and Litecoin, which make up the rest of the top five cryptocurrencies by market cap outside of…

Read More
Blockchain 

Ethereum Underperforms Against Bitcoin | What Next for Altcoins?

As everyone knows, the price of Bitcoin has a profound effect on the entire crypto market, and as the price of the world’s biggest cryptocurrency rose steadily over the first half of 2019, the entire crypto market profited. However, since July, Bitcoin has definitely entered choppier waters, and now the momentum has gone out of its sails. That being said, it is Ethereum, long considered to be the only possible rival to Bitcoin, which has found itself in the middle of a free fall. Will Ethereum Recover? More importantly, Ethereum (ETH) has…

Read More
Blockchain 

Tezos (XTZ) Outperforms Altcoins | Soars Over 40% This Week

The month has got off to a fairly promising start for a crypto sphere with Bitcoin managing to gallop past the $10,000 mark and many other tokens gaining significantly in the aftermath. While it is true that Bitcoin is almost always the leader of the market in terms of gains when the crypto space starts rising again after a slump, it has not been the same this time. This time, Tezos is leading. Big Rally Tezos (XTZ) has managed to gain more than Bitcoin this week, and according to many…

Read More
Blockchain 

Altcoins Recovering | Ethereum (ETH) & Ripple (XRP) Lead Crypto Higher

Cryptocurrencies are trying to bounce back after a steep pullback from one-year highs. Bitcoin (BTC) is trying to bounce back after coming under immense pressure after rallying to highs of $13,000. Altcoins Ethereum (ETH) and Ripple (XRP) are also showing signs of bottoming out. Cryptocurrency Analysis Despite rallying by 2.6%, Bitcoin finds itself below the $10,000 psychological level. Below the mark, the flagship crypto remains susceptible to further drops given the short-term bearish momentum. While there were expectations that Bitcoin would skyrocket during the American Independence day, that never happened.…

Read More
Blockchain 

Altcoins Join the Bitcoin Rally

Bitcoin (BTC) has been on an astonishing run this year that has almost mirrored the astonishing rally back in 2017 when the cryptocurrency touched almost $20,000 per token. However, earlier on in July, the cryptocurrency experienced declines and went below the $10,000 level. Altcoins Moving Up However, that seems to be a thing of the past now as the coin has regained its gains and is soaring again on the back of excellent momentum. In addition to that, due to the surge experienced by Bitcoin, other cryptocurrencies like Ethereum (ETH),…

Read More
Blockchain 

Dogecoin Surges 37% on Binance Listing, Major Moves for Altcoins

Dogecoin is surging today, up 37% in earlier trade, on the news that Binance—the world’s leading cryptocurrency exchange—has listed it. Dogecoin is one of the most popular digital currencies out there and currently trades at $0.003769 USD per coin. Now, some are speculating if this momentum will help to drive an oncoming altcoin season. Dogecoin is Now on Binance Also dubbed the “memecoin,” Dogecoin was initially created by Billy Markus and Adobe’s Jackson Palmer as a joke alternative cryptocurrency to Bitcoin. The pair had never expected how big it would grow and…

Read More