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Led by ripple (XRP), the bitcoin and the altcoin markets edged lower on Thursday after staying on the bulls’ side for most of the week. Ripple Price Headlines Pullback The cryptocurrency market as a whole witnessed their uptrends getting stalled. Other top performers during the previous rally, including stellar (XLM), bitcoin cash (BCH) and EOS,
The post Ripple (XRP) Leads Altcoin Retreat as Early-Week Rally Fizzles appeared first on CCN
Hong Kong-based crypto exchange OKEx announced this week that it will delist nearly 60 trading pairs attached to altcoins currently on its platform. Delisting of Trading Pairshttps://t.co/nokI3UfKnG Click here to find more previous announcements: https://t.co/4cvGjbYaIN #OKExannouncement pic.twitter.com/KmtNbHnA1C — OKEx (@OKEx_) October 25, 2018 According to the announcement, OKEx will be delisting BTC, ETH or USDT trading pairs […]
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In the world of cryptocurrency, a lot of projects are created for a very specific purpose. Halloween Coin was primarily created to celebrate Halloween in 2017, even though it seems this altcoin is still getting a bit of attention this year.
Although there is some merit to themed cryptocurrencies, most of these projects simply do not work out all that well. Tying an entire project to a specific time of year or once-in-a-lifetime event will not necessarily generate a lot of buzz afterward. In the case of Halloween Coin ($ HALLO), its exact purpose has always been a bit unclear. It all dates back to the official announcement date of the “relaunched” coin.
Just a day after announcing that it will make its listing fees public and donate all proceeds to charity, Binance has made a move to delist four cryptocurrencies that trade on the leading exchange. According to the latest announcement, Binance will delist Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG) on November 12 at 10:00 AM (UTC). Binance […]
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“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not only given fair warning of the attack, but have promised to livestream the event.
Also read: You Can Now 51% Attack a Coin for as Little as $ 500
The cryptocurrency world is about much more than just Bitcoin and Ethereum. A lot of traders show a keen interest in trading altcoins, though finding the best platforms to do so may be a challenge. The following six exchanges lead the pack in terms of trading volume at this time. Keep in mind, not all altcoins and tokens are supported by these exchanges.
Whitepapers, you probably see them all the time, but do you actually read them? Blokt have recently published an article that discusses the importance of reading whitepapers when deciding to invest in new cryptocurrencies and it’s a sentiment that we want to reiterate.
We only ever encourage safe and thought out investment, reviewing whitepapers is one way that you can ensure your research is valid and informed, as ultimately, whitepapers set out to highlight absolutely everything about the token and the project it represents.
Continue reading Vital Whitepaper Research Can Make You A Better Altcoin Investor at Crypto Daily™.
Ethereum (ETH) is about to make or break the altcoin rally. The above chart for ETH/USD tells the whole story and leaves little room for interpretation. The price is currently resting atop the 21 Day EMA. Below that is the 38.2% Fibonacci retracement level. Above the price is the 61.8% retracement level. Having become range bound these past few days, Ethereum (ETH) now has a support at the 21 Day EMA and the 38.2% Fibonacci level.
Continue reading Ethereum (ETH) Could Make Or Break The Altcoin Rally at Crypto Daily™.
Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent. News of partnerships with more financial institutions has sent the price on a bullish spree these past few days. While some may think it is not sustainable and that the price may fall down if Bitcoin (BTC) trade sideways, we believe that is not the case.
Continue reading Ripple (XRP) Has Already Kicked Off The Altcoin Rally at Crypto Daily™.
Bitcoin (BTC) dominance is on a steady decline. Since the evolution of the altcoin market in 2017, we have seen Bitcoin (BTC) drop from its historical dominance levels towards new lows. The trend is expected to continue for the foreseeable future. This is a favorable development for the crypto community as a lot of good projects will continue to receive the funding they need to contribute to the blockchain industry. Bitcoin (BTC) had a long span of absolute dominance since its inception.
Dogecoin – the cryptocurrency that began as a meme and one that represents cute little Shiba Inus everywhere – has dropped quite a bit. Over the past two months, the currency has been a real surprise in the altcoin space, moving up the financial ladder while other altcoins experienced slips in their attempts for glory. A lot of traders are extremely excited about the recent dogecoin price action. However, can the market hold the bullish momentum?
Not everyone is sold on the future outlook of Litecoin (LTC), the cryptocurrency often considered the silver to Bitcoin’s gold, and some hedge funds have even gone as far as shorting the altcoin near 52-week lows. In a recent report published by Multicoin Capital, a sizeable crypto hedge fund backed by notable VC Fred Wilson with $ 75 […]
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It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally. This chart is the perfect example of how history may not repeat itself but it does rhyme. The pattern of rise before 2018 bears a striking resemblance to the one just after 2017.
Continue reading Ethereum (ETH) One Step Away From Kicking Off The Altcoin Rally at Crypto Daily™.
The price of Aurora (AOA), a blockchain platform that leverages a delegated proof of stake (DPOS) and Byzantine fault tolerance (BFT) consensus mechanism, has gained 60% over the past 24 hours. After hitting a low of $ 0.008688 Wednesday, AOA has rebounded to $ 0.014648 and currently has a market capitalization of roughly $ 49 million, making it the […]
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Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018.
Also Read: Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code
The heavy losses sustained by many leading altcoin markets have led BTC to continue to further its market dominance over other cryptocurrencies. As of this writing, BTC has a market dominance of 57.6% and is trading for roughly $ 6,300 USD.
Ethereum (ETH) creator Vitalik Buterin received significant criticism this week after stating in an interview with Bloomberg that there is no chance for “1,000-times growth” in the cryptocurrency space. Many, including major media outlets, took this statement as an indication that the adoption of the underlying blockchain technology will never see another major spike in growth and even […]
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Ripple (XRP) is probably the most bullish looking coin right now. This is because Ripple (XRP) has already complete an almost 92% correction since its fall from $ 3.31 in January this year. In addition to that, as the above weekly chart for XRP/USD shows, Ripple (XRP) has just completed a giant bullish gartley pattern that extends all the way to 2017. This means that Ripple (XRP) can now be expected to begin a new trend at this point and possibly enter another bullish gartley formation.
Continue reading Ripple (XRP) All Set To Lead Altcoin Rally By October at Crypto Daily™.
Analysts are always seeking new ways to assess cryptocurrencies. Different metrics provide insights that can be used to gauge various trends, such as estimating when a particular asset has bottomed out and is due to rise. The Altcoin Correction Index provides an unvarnished snapshot of this year’s worst performing cryptos.
Also read: Blockchain, Reloaded: How the New “Matrix” Appeared
Small-cap altcoin GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, will be listed on Binance this month after winning the exchange’s 9th Community Coin of the Month competition. #Binance Community Coin Round 9 Winner – #GoChain ( $ GO )https://t.co/MxY9uscfRs pic.twitter.com/JA27HJcmgu — Binance (@binance) September 4, 2018 According to the announcement, GoChain beat out 4 other […]
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The previous week has been extremely bullish for the cryptocurrency market, as many altcoins rallied as much as 30-50% and Bitcoin retook $ 7,200. However, over the past day, the market has undergone a reasonable period of consolidation. The AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, is currently down 0.55% while Bitcoin is up slightly […]
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