The cryptocurrency market went through a correction today as the total capitalization saw about $90 billion wiped off in a matter of hours. This happened as Bitcoin lost around $5000 of its value while the majority of the altcoins followed through with sizeable losses on their own.The cryptocurrency market was due to a correction, according to many analysts, and it appears that one may have just taken place.Bitcoin lost around $5,000 of its value in a matter of hours, bringing the entire...
Read More »Ethereum Reaches New Price Peak, Leading to Further Interest from Nvidia
Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...
Read More »Top 5 Crypto Picks Besides Bitcoin to Look at in The Last Week of Feb
This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...
Read More »Almost $1.8 Billion Liquidated Following Crypto Market’s 24-Hour Roller Coaster
The cryptocurrency market is well-known for its intense price fluctuations, and the past 24 hours provided more proof. With BTC and most altcoins charting double-digit moves in both directions, this resulted in $1.74 billion liquidated on exchanges.The primary cryptocurrency had just painted a new all-time high (at the time) of about $57,600 before a vigorous correction drove the asset down to a low of $54,000 in a matter of minutes yesterday. BTCUSD. Source: TradingViewAs it typically...
Read More »Uniswap’s 2020 UNI Airdrop Now Worth $12,000
It’s safe to say that the past year has been particularly tumultuous and interesting when it comes to the cryptocurrency markets.The entire market exploded, Bitcoin officially became a trillion-dollar asset, while many altcoins saw massive gains. Uniswap’s UNI token is no different.Uniswap’s UNI JourneyUniswap is the leading decentralized exchange and automated market maker on Ethereum’s network. It provides means for users to create liquidity pools for any token based on the ERC20 protocol...
Read More »Bitcoin Dipped $3500 Following New ATH At $57,500: ETH Below $2K Again (Market Watch)
After the latest price record above $57,500 and a subsequent sharp drop to $54,000, bitcoin has calmed around the $56K price mark (as of now). Most alternative coins have charted declines over the past 24 hours, except for UNI, which painted a new ATH north of $32.Bitcoin Stalls After The Latest ATH Set At $57.5KThe past week was quite positive for the primary cryptocurrency as it recovered from the brief dip to $46,000 decisively. In the following days, the asset gained more than $11,000 of...
Read More »19th February: BTC/USD Leaps Beyond 55,000, ETH/USD Nears 2,000
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDHaving opened the trading session of 19th February at 51,643 and gone twice below 51,000 between 02:00 and 04:00 UTC, BTC/USD continued steeply south until the end of the day with a slight intermission midway. The pair reached 53,000 between 09:00 and 10:00 UTC, which was another all-time high. It then took east and continued sideways under 53,000...
Read More »Crypto Market Storm: BTC, ETH, BNB Hit All-Time High as Market Cap Tops $1.7 Trillion
The bullish sentiment in the overall cryptocurrency market is currently at new highs making Bitcoin (BTC) the first crypto asset to have trillion-dollar valuations. With this, Bitcoin becomes the sixth most valued asset in the world.It looks like the entire crypto market is on a wild ride today. The overall crypto market cap has topped $1.7 trillion surging more than 5% in a single day. The recent price rally comes as Bitcoin (BTC) and many other altcoins continue hitting their all-time...
Read More »Crypto Market Cap Breaks $1.7 Trillion: Polkadot (DOT) Now Top 4 After 20% Gains
Another day brings more breached milestones for the crypto field as the market cap has exploded above $1.7 trillion for a new record. This comes following ATHs for Bitcoin above $56,000, Ethereum (north of $2,000), and numerous other altcoins heading towards uncharted territory as well.Bitcoin Sees Yet Another ATHIt was just earlier this week when the primary cryptocurrency struggled around the $46,000 price tag after a sharp drop. However, the asset rapidly reversed the trend and started...
Read More »Ethereum (ETH) Breaks Above $2,000 For The First Time In History
The bull run in the crypto market continues with full force as ETH has surged above $2,000 for the first time in its history. The asset is up by nearly 200% since the start of the year when it dabbled with the $700 price mark.Ethereum has been among the best performing crypto assets since the mid-March liquidity crisis in 2020, when it dripped below $100. The cryptocurrency has seen nothing but gains since then, which resulted in numerous broken records in the following eleven months.ETH...
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