Markets

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...

Ripple price rallied significantly above the $0.3000 and $0.3100 levels against the US dollar.The price corrected lower sharply from $0.3260, but the bulls defended $0.2720.There are two key bullish trend lines forming with support near $0.2850 and $0.2785 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.2980 and $0.3000 resistance levels.Ripple price is trading in a strong uptrend above $0.2720 and $0.2800...

Bitcoin is arguably the dominant cryptocurrency throughout the digital asset space, but how much of its dominance is real?How Dominant Is Bitcoin, Exactly?When placed up against all other crypto assets, bitcoin’s dominance sits at roughly 60 percent. However, many analysts believe that placing it up against all other coins or tokens isn’t entirely fair, and that it should only be placed up against currencies that are trying their best to be legitimate money or that are working to replace...

Bitcoin has incurred another serious rise and is now trading for over $11,800.The FOMO Attitude Has Come Back to BitcoinMany analysts believe that an attitude of FOMO (or “fear of missing out”) has returned to the crypto space. With bitcoin on the rise of late, many new players are looking to get involved in the bitcoin market and play their hands, hoping to come up with a win. This is the same attitude that meandered throughout the crypto space in late 2017, when the asset was reaching its...

The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours.Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly sending the price for the BTC/USD Quarterly Contract on Binance to $100,000.Bitcoin’s Price Going CrazyTo an outsider, the last few hours might seem like...

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

Is bitcoin on the verge of striking the $12,000 mark?Bitcoin Is on a Serious RollIt sure looks that way considering how high bitcoin has been moving over the past two weeks. Initially crossing the $10K mark and breaking that psychological barrier, the currency then rose past $11K, a step many people didn’t expect the digital coin to take. Now, at the time of writing, bitcoin is continuing its present ascension and is trading for $11,353, the highest it’s been in roughly one year.The previous...

The veteran US-based cryptocurrency exchange Coinbase is looking into adding 19 new digital assets onto its platform. Interestingly, the majority of the coins are representatives of the ongoing DeFi trend.Coinbase Considers 19 New CoinsThe largest digital asset exchange based in the US announced yesterday that it’s currently evaluating 19 new additions to its platform. Those are Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera, Hashgraph, Kava,...

Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance.In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own.Bitcoin’s Highest Monthly Close Since Dec 2017There’s currently no doubt that the bulls are back, and Bitcoin’s price is feeling their presence. As CryptoPotato reported earlier today, the state of the market is currently parabolic,...

Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level.Bitcoin Rejoice At A New Yearly HighBitcoin’s first days in July were rather dull as it traded sideways in a tight range. It appears, however, that the primary cryptocurrency doesn’t want to repeat this dullness in August. During the past three days, BTC headed upwards from about...