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Tag Archives: Altcoin News

Ethereum to Bitcoin Exchange Rate Points to Slow Altcoin Apocalypse

Cryptocurrency prices wavered on Wednesday following the biggest 24-hour devaluation in months, leaving little guarantee of a swift recovery in the near term.For Ethereum (ETH), the grind lower has been much more extreme when valued against bitcoin (BTC). While the ETH/BTC exchange rate has been in recovery throughout September, the year-to-date picture is grim. How ether performs relative to the 'king of cryptocurrencies' offers eye-opening insights into the broader altcoin market.Crypto...

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U.S. Binance Customers Gain Access to Five New Assets

Binance, arguably the largest and most popular cryptocurrency exchange in the world, is giving U.S. customers the chance to deposit up to five new cryptocurrencies into their accounts. These assets include Stellar, Cardano, Ethereum Classic and BAT.Binance Expands Its U.S. HorizonsAt press time, the exchange offers primarily mainstream cryptocurrencies with large market caps. These include bitcoin, BNB – the exchange’s own cryptocurrency – Ethereum, Ripple’s XRP, Litecoin, bitcoin cash and...

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What Could Have Made Bitcoin Sink So Dramatically?

Well, after yesterday’s crypto bloodbath, probably the biggest thing enthusiasts and traders are asking themselves is, “What the heck could have made bitcoin and its altcoin cousins fall so badly like that?”Bitcoin and Crypto Falls HeavilyBitcoin, with virtually no signs whatsoever, lost more than $1,000 in just a matter of minutes, falling from about $9,480 at this time yesterday to roughly $8,110. By the mid-afternoon, the currency had jumped back up to $8,600, but at press time, it has...

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The 5 Biggest Losers of Tuesday’s Crypto Carnage

The massive triangle that formed in Bitcoin since late June finally resolved itself on Tuesday as the flagship crypto nosedived toward the $8000 handle.Bitcoin typically leads the market and altcoins were in no mood to buck the trend as a massive exodus ensued coinciding with a less than stellar Bakkt launch.So who are the biggest losers from the carnage? We decided to take a look at the top 5 major cap fallers and to separate the riff from the raff, we filtered coins with a market...

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Cardano (ADA) Price Analysis: Breakdown Looks Real, More Losses Likely

ADA price topped near the $0.0500 level and declined sharply below $0.0450 against the US Dollar.The price is down more than 20% from the last swing high and it is currently near $0.0385.There was a break below a contracting triangle with support near $0.0478 on the 4-hours chart (data feed via Kraken).The price is currently consolidating losses and likely to face resistance near $0.0400 and $0.0425.Cardano price declined heavily in the past few sessions against the US Dollar and bitcoin. ADA...

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Ethereum Price (ETH) Plunges 33% in 5-Day Spiral After 2019’s Strongest Rally

The Ethereum price (ETH), which recorded arguably its strongest rally in 2019 from September 7 to 19 fell by nearly 33 percent within a five-day span against the U.S. dollar as the cryptocurrency market corrected. Following a strong rally, the Ethereum price dropped by more than 30 percent against the USD as the cryptocurrency market corrected (source: coinmarketcap.com)After surging from $168 to $224, the Ethereum price has retraced back to $168, erasing all of its gains throughout the past...

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Bitcoin ATMs Are Popping Up At an Alarming Rate

It seems like cryptocurrency and bitcoin ATMs are all the rage. Bitcoin ATMs Are Expanding QuicklyBear in mind that people aren’t necessarily at a point where they’re replacing fiat with cryptocurrency altogether, but bitcoin ATMs are serving a huge purpose for those in countries that lack financial infrastructure. In Latin America, for example, where these products seem to garner most of their business, countries such as Venezuela have been bogged down by socialism for years, leaving many...

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So Fi Is Bringing Some Mainstream Cryptocurrenices to Its Table

So Fi has announced that it will be adding bitcoin, Litecoin and Ethereum to its investing platform now that it’s joining hands with Coinbase, arguably the biggest and most popular cryptocurrency trading platform in the United States. People will now be able to participate in exchange-traded funds (ETFs), stock trades and cryptocurrency transactions through one company. So Fi Is Growing Like CrazyApproximately 40 different coins are available for purchase and trade via So Fi, and customers...

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Bitcoin and Crypto Market Seeing Red Everywhere It Looks

At press time, bitcoin is at its lowest trading point in several weeks and is presently sitting at just over $9,500. This marks the first time since August that the currency has fallen below $10,000. It also marks a fall of about $700 in just the last couple days.Bitcoin and Its Crypto Cousins Ain’t Doing So HotBitcoin, as analysts claim, has been experiencing lesser volatility over the past few months, but when movements like this occur, it’s hard to take these words as pure fact. If that...

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Tron (TRX) Price Analysis: Crucial Support Nearby But Recovery Won’t Be Easy

Tron price climbed higher above $0.0180 before starting a downside correction against the US Dollar.TRX price is currently trading below $0.0170 and it is trading near a crucial support area.There is a key bullish trend line forming with support near $0.0158 on the 4-hours chart (data feed via Bitfinex).The price could either breakdown below $0.0155 or it might start a fresh increase above $0.0165.TRON price is currently trading near important supports against the US Dollar and bitcoin. TRX...

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