Altcoins

Bitcoin is the world’s number one cryptocurrency by market cap. At the time of writing, it is trading for well over $8,700 and has been on a bull run since early January.Why Will Bitcoin Always Be at the Top?There is widespread speculation, however, that the currency may have reached its peak technology-wise. While the asset may be the top cryptocurrency in terms of size and age, there are several new altcoins that have entered the space allegedly capable of outperforming their...

According to a 2019 investment report released by Grayscale, one of the world’s leading authorities on digital asset investment, the digital giant has managed to raise over $600 million throughout 2019, with most of the funding coming in from major institutional players.Specialized in digital asset diversification, the company managed to grow its investment base by 24% in 2019, which rallied in a total of $146.9 million in investment funding. The remaining $460.8 million came from their...

Ethereum befindet sich seit gut zwei Jahren in einem Bärenmarkt. Zwar ging es im Juli 2019 zwischenzeitlich wieder leicht nach oben, aber insgesamt waren die letzten zwei Jahre nicht sehr positiv für den zweitwertvollsten Cryptocoin. Nun gibt es endlich wieder gute Nachrichten für den ETH.Ethereum News: Ethereum seit knapp einem Jahr wieder bullishAnalysten sehen den Markt bullish für Ethereum. Ein kleiner Widerstand bei $170 muss genommen werden, ehe ein größerer bei $185 wartet. Durchbricht...

XRP fell over 4% after it was rejected around $0.2450 price level versus the US dollar, as Bitcoin traded around $8,900 price level. The XRP price has now moved toward the primary support levels at $0.2212 and $0.2200.During the present week, we recorded great development up in Bitcoin, Ethereum and XRP versus the US dollar. The price of XRP rose past barrier levels of $0.2250 and $0.2320.The price has relentlessly declined after the development of a transient top in the district of $0.2450...

Major crypto exchange Binance has announced a new Binance USD (BUSD) conversion function on its platform. Beginning immediately, users can now instantly convert a select number of stablecoins into the BUSD.Binance BUSD ConversionAccording to the announcement, the supported stablecoins for the new feature include Paxos Standard (PAX), USD Coin (USDC), TrueUSD (TUSD) and Tether’s USDT. For the first three, the announcement states that conversion to BUSD will be settled at 1:1. Binance will...

The cryptocurrency market has started 2020 with a huge bang, expanding by an impressive 23% within the first two weeks of the year. The overall market capitalization of the cryptocurrency market – a measure of the size of the market – has grown from $192 billion at the start of the year, to well over $240 billion by the middle of January.BitcoinLeading the pack is Bitcoin (BTC), which constitutes more than 65% of the overall market size. Going from just under $7,200 at the end of 2019 to a...

Crypto exchange platforms provide a crucial segment in the wider community as it allows the public to have access to cryptocurrencies. Unlike the stock and Forex markets, the crypto market is open 24/7 and cryptocurrency exchanges facilitate this. There are only four ways through which the public can have access to cryptocurrencies:MiningICO or IEOBuying through an exchangeAccepting cryptocurrency payments for your businessThe easiest way is buying from an exchange platform since mining...

Ripple CEO Brad Garlinghouse has once again spoken about XRP and why it should not be classified as a security. XRP is the third-largest digital asset by market cap currently trading at $0.227. The asset has, however, had a rough time with regulatory authorities on the topic of its proper classification. While there has been no official ruling yet, the CEO is unwavering about XRP’s status.The XRP LawsuitFor a while now, Ripple has been stuck in a class-action lawsuit to determine XRP’s...

If Judge Phyllis Hamilton will decide that Ripple is breaking the U.S. law with its token offerings, this could tank the 500 billion economy to the bottoms of the cryptocurrency market, after possible panic-sell.On 4 December, Ripple had asked the Chief District Judge Phyllis Hamilton of the Northern District of California to dismiss the case against cryptocurrency. The representatives are saying that the lawsuit sent to court by the angry Ripple investors is not relevant. Because there was a...

Since breaking the $8600 resistance two days ago, Bitcoin had continued its surge directly to the upper ascending line, the one that is marked on our following 4-hour chart.It looks like Bitcoin’s rally got a (temp?) ‘roof’ at that ascending trend-line. Why a temp roof? If Bitcoin would like to reach new highs, it’s advisable to do it slowly with corrections and not just a parabolic race (as we had seen during last June).Besides, As shown on the 4-hour chart, the correction we see so far...