Altcoins

Bitcoin has crashed. There’s no pleasant way of saying it. At the time of writing, the world’s number one cryptocurrency by market cap has fallen into the low $6,000 range for the first time in virtually ten months following increased fear and panic from the coronavirus.Bitcoin Is Dropping FastFollowing news that President Donald Trump has invoked further travel bans to ensure Americans are not exposed any further, global markets everywhere tanked, with the Dow Jones falling another 2,000...

Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.Cryptocurrency prices slid yesterday to new lows. Sources say that the prices of cryptocurrency tokens have tanked since yesterday. This follows a general market malaise as other markets performed even worse. This is mostly due to the COVID-19 situation. At some point trading on some markets had to be reportedly...

In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.The crypto market is so volatile that incredible changes can occur within minutes. A prime example of such a leap is the leading digital currency. First, Bitcoin price drops to $3,637, but in just 30 minutes, it bounds back and jumps to $5,260. Such performance is accompanied by the downward movement of the...

Bitcoin cash price is down close to 50% from well above the $250 level against the US Dollar.The price is currently recovering from the $140 and $135 support levels.There is a key bearish trend line forming with resistance near $208 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a decent recovery if it climbs above the $180 resistance area.Bitcoin cash price nosedived below the $200 support area against the US Dollar. BCH/USD even tested the $140...

Friday 13 is at the beginning, but the market already shows the scary new Bitcoin’s bottom of $4,900. BitMEX derivatives exchange is reporting a huge wall of long orders sell-offs.BitMEX report that they have the biggest order liquidation sequence in the last 16 months. Both longs and shorts have been selling crypto, which causes further price fall and extreme fear. The BitMEX exchange had destroyed orders worth of $702 million. This sum is somewhat a record since November 2018.During the...

The class-action lawsuit against Ripple has received the greenlight from a federal judge.The Court Moves Against RippleRipple has long touted itself as a non-security, but several of the plaintiffs involved in the suit claim otherwise. One describes Ripple as an “ongoing ICO [initial coin offering],” while others scoff at the currency’s reportedly centralized nature. It is reported that more than 50 percent of XRP units are still held by Ripple executives including Brad Garlinghouse, the...

The Celo Foundation has unveiled a new cryptocurrency network designed to assist people of lower standing.Celo Seeks to Introduce “Crypto for Everyone”In other words, people who are poorer or who don’t have direct access to traditional financial programs are likely to benefit the most from the organization’s latest development. Known as the Alliance for Prosperity, the network is supported by more than 50 firms around the world including Mercy Corps and is seeking to create financial tools...

The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.Today will remain engraved in most crypto enthusiasts and investors’ minds, not for the good reasons, but rather since most altcoins, including Ethereum and XRP, have shed a huge portion of their prices by about 20-30% in the past 24 hours. The huge free fall has been attributed to a panic sell-off, as investors run for safety to avoid risky...

Crypto Mining is a platform that offers benefits to different target groups: beginners, enthusiastic home miners and large scale investors.“How can I mine cryptocurrencies easily?” that’s a question most crypto enthusiasts have asked Google time and again. But once presented with ideas like “buy the best mining rig,” or “join a mining pool,” the user is often left more confused than when they had begun their search. Nonetheless, this has become a thing of the past thanks to Crypto Mining, a...

PrimeXBT is a good choice for traders seeking diversification thanks to the low fee structure that rewards those who take positions more frequently, or across many asset types. There are several factors that go into a proper risk management strategy.Any trader worth their salt very well understands the importance of planning and execution, which includes the timing of exits or entries with limit orders and setting stop loss or take profit orders at key levels.But one critical factor is often...