Altcoins

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...

Ethereum price is struggling to clear the $1,440 and $1,450 resistance levels against the US Dollar.ETH price is currently showing positive signs above $1,300 and the 55 simple moving average (4-hours).There is a major ascending triangle pattern forming with resistance near $1,440 on the 4-hours chart (data feed from Coinbase).The pair could eye a fresh rally above the $1,440 and $1,450 resistance levels.Ethereum price is trading in a bullish zone above $1,300 against the US Dollar. ETH/USD...

Trading apps like Robinhood have stepped in to stop their customers from trading stocks like GameStop, which have surged in recent days. As a result, bitcoin and cryptocurrency are starting to look a lot more promising, which is potentially why the world’s number one digital asset by market cap has surged by more than $2,000 at the time of writing.GameStop Barricades Help BTC Spike AgainBitcoin was initially trading for under $32,000, though in the last day or so, the currency has surged...

Oh, Elon Musk… There are times when analysts and traders alike probably think to themselves, “What would bitcoin and cryptocurrency do without you?”Elon Musk Helps Bitcoin Return to Its RootsIn the last few days, the South African entrepreneur and CEO of both Tesla and SpaceX has likely been the cause of bitcoin’s sudden rise beyond the $34,000 market price at the time of writing. Musk saw to it that his Twitter account bio was changed to “#bitcoin.” From there, he put out the following...

Stellar lumen price is facing a few important hurdles near $0.3400 and $0.3500 against the US Dollar.XLM price is holding gains above the $0.3000 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.3460 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move if there is a clear break above the $0.3400 and $0.3500 resistance levels.Stellar lumen price is showing positive signs above $0.30000...

Ripple price started a strong increase after forming a base above $0.2500 against the US dollar.The price is now trading well above the $0.5000 resistance and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.5050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair traded as high as $0.5806 and it is likely to continue higher.Ripple price is trading in a positive zone above $0.5000 against the US...

Tether has dominated stablecoin markets for the past three years as the treasury has kept churning them out with a record level of almost 27 billion in USDT circulating now.The latest figures from CoinMetrics, however, indicate that its market share has dropped below 75% for the first time ever. More stablecoin options are good for the industry in general as reliance on one centralized provider for dollar-pegged assets is never a good idea.$USDT market dominance in stablecoins is below 75%...

The price of Dogecoin spiked by more than 80 percent last Thursday following activity on Reddit in which many of the asset’s fans pooled together to discuss the newfound interest Wall Street allegedly has in the currency which initially started out as a joke.The Price of Dogecoin Is Going Up, Up, UpCoinMarketCap.com – which monitors and tracks many of the world’s leading digital assets – says that Dogecoin had jumped by as much as 60 percent just a few days ago, while further jumps came only...

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.2020 Established Bitcoin As An Institutional AssetThe challenging last year saw the emergence of Bitcoin as an asset fit to serve the needs of institutional...

Following the highly volatile few days in which BTC displayed $6,000 price moves in both directions, the cryptocurrency has calmed around $34,000. At the same time, XRP and a few more altcoins have exploded in value and reduced BTC’s dominance to 62.5%. Uniswap’s UNI token even hit $20.XRP’s Massive Surge Reclaims #4th SpotThe past few days have been anything but boring in the cryptocurrency space – from the retail-driven hype for Dogecoin and up to four-digit gains, through the Elon...