A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on bitcoin. Wherever BTC goes, almost every other crypto token follows. That’s especially true for large market cap coins such as Ethereum, Litecoin and EOS. A score of one...
Read More »How Did Bitcoin Perform Against Other Investment Tools: Correlations, Volatility, and ROI
The end of 2019 marked yet another volatile and, in most cases, profitable, year in the cryptocurrency community. The field continues to evolve with new developments while governments are starting to pay further attention, ultimately leading to a more mature market place.A recent report has compiled interesting data regarding the performance of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Bitcoin SV, and Ethereum Classic. To do so, SFOX has examined several factors, including price, volume,...
Read More »Bitcoin Surges to $8,300 As Altcoins Regain Confidence: Sunday Crypto Market Watch
The whole cryptocurrency market has been somewhat volatile over the last several days. Bitcoin, for example, is almost invariably on the move. Friday, it went down to $7,666 on Bitstamp and yesterday surged to nearly $8,300. At the time of this writing, it has calmed to around $8,100.Taking a look at the technical aspects, $7,700 serves as a major support line now, followed by $7,400. If Bitcoin’s bullish 2020 move is to continue, it would have to break the most significant resistance level...
Read More »Two Plaintiffs Drop Lawsuit against Tether and Bitfinex
Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...
Read More »Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin
Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins. Tracking numerous cryptocurrency addresses holding more than 1% of the supply of...
Read More »Binance Futures Is Launching Litecoin Perpetual Contracts Today
Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...
Read More »EOS Price Analysis: Trading Near Make-or-Break Levels
EOS price surged above the $2.700 and $2.850 resistance levels against the US Dollar.The price is currently correcting lower from the $2.976 swing high.There is a key contracting triangle forming with support near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $2.600 support area.EOS price is correcting gains from the $3.000 hurdle against the US Dollar, just like bitcoin. However, the bulls are likely to...
Read More »Litecoin (LTC) Price Analysis: Dips Remain Well Supported
Litecoin price rallied above the $44.00 and $46.20 resistance levels against the US Dollar.LTC price is currently correcting lower and it traded below the $46.20 level.There was a break below a key bullish trend line with support near $45.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $44.00 support area.Litecoin price is correcting gains from the $48.62 high against the US Dollar, similar to bitcoin. LTC...
Read More »#786 Telegram Token GRAM wertlos, Litecoin Miner Kapitulation & Bitcoin Scammer auf Youtube.
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 786. Heute sprechen wir über folgende Themen: Telegram Skandal – Investoren sind erschüttert, ist der Token GRAM jetzt wertlos, Litecoin Miner Kapitulation & Bitcoin Scammer auf Youtube. 1.) Telegram Skandal – Investoren sind erschüttert, ist der Token GRAM jetzt wertlos?https://cryptomonday.de/breaking-telegram-skandal-investoren-sind-erschuettert-ist-der-token-gram-jetzt-wertlos/ 2.) Litecoin ‘Largest Miner...
Read More »Burger King, Petro, and Rising Bitcoin Volume: Venezuela Might Be The Leading Country In Terms Of Crypto Adoption
While most of the world countries and entities are making slight attempts to enlarge their cryptocurrency adoption, Venezuela might be way ahead.Judging by the past year, the dictatorship country has been quite favorable towards Bitcoin and other digital assets, with increased trading volume, and its own cryptocurrency to be used in oil trades.Most recently, the Burger King food chain will allow clients to make purchases with several different cryptos, including Bitcoin, thanks to a...
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