Bitcoin’s inability to overcome $60,000 has caused him a massive chunk of its dominance in the past few weeks as the metric is down to a 7-month low well beneath 60%. In contrast, some altcoins have charted impressive gains, including new all-time high records for Ethereum and Polkadot. Polkadot’s ATH Takes it to 4th Place The past several days have been quite bullish for the altcoin market. Ethereum led the charge with several consecutive green daily candles, resulting in...
Read More »Bitcoin Takes Back $56,000: ETH Reclaims $1,700 (Weekend Watch)
Following another dip to $54,000, bitcoin has bounced off and has added over $2,000 of value. Some altcoins have registered even more impressive gains in the past 24 hours, led by Binance Coin’s 9% surge to $275.BTC Retakes $56KAfter the mid-week price slump when it dropped from over $57,000 to a three-week low of just above $50,000, bitcoin has been gradually increasing in value.Even the fears that the record $6 billion worth of options contracts that expired on Friday would insert enhanced...
Read More »Bitcoin Reclaims $55K: 10% Recovery In 48 Hours (Weekend Watch)
After several days of price slumps, bitcoin has bounced off and neared the $55,000 level. Despite this increase, though, its market dominance has suffered as most altcoins have added more value in a day. Ethereum has jumped to $1,700, BNB is above $250 again, and Cardano has increased to $1.20.BTC Recovers to $55KThe past several days didn’t go well for the primary cryptocurrency. Following a pro-BTC announcement from Elon Musk’s Tesla, the asset spiked to above $57,000. However, the...
Read More »Crypto Price Analysis & Overview March 26th: Bitcoin, Ethereum, Cardano, Uniswap, and Theta
It was a tough week in the cryptocurrency market as the majority of it is in the red. The big exception this week is THETA which skyrocketed and found a place in the top 10.BitcoinBitcoin is down by a total of 8% over the past week of trading as the cryptocurrency currently trades at $53,330. It attempted to break resistance at $60,000 last weekend but failed. As a result, it started to head lower on Sunday and went on to break beneath the March ascending trend line on Monday.After that,...
Read More »THETA Price Crashes 30% in a Day Following Mainnet Postponement
According to an announcement from the project, the development team needs more time to “conduct a more thorough review and testing” to ensure that the network will function effectively when it scales over 100,000 Elite Edge Nodes.Theta Mainnet 3.0 To Launch In June Theta Labs has been consistently working on releasing its Elite Edge Nodes with TFUEL staking and burning on the Theta 3.0 Mainnet. The company also intends to “incorporate some building blocks” for an NFT marketplace on the...
Read More »Bitcoin Price Came Inches Away From the ATH Above $58K (Market Watch)
Bitcoin came even closer to reaching a new all-time high a few hours ago but failed, and the subsequent rejection drove the asset below $57,000. Most alternative coins have remained relatively calm on a 24-hour scale despite some severe volatility experienced in the past few days.Bitcoin Came 0.43% Away from a Fresh ATHIt seems that last week’s price drops in which bitcoin dipped to $43,000 are long gone for the cryptocurrency. This week the asset has been on an impressive run that overcame...
Read More »Theta Network Partners With World Poker Tour to Lower Video Delivery Costs
Viewers of the giant gaming and entertainment brand, World Poker Tour, will be able to earn TFUEL tokens while watching poker content after WPT announced the integration of Theta Network.The partnership will also enable WPT to lower the video delivery CDN costs by 50% while increasing user engagement by employing Theta’s blockchain.Theta Integrated On World Poker TourTheta Network is a blockchain-based video delivery project that aims to decentralize the live streaming industry. It also...
Read More »Bitcoin Price Reclaims $36K As Crypto Market Cap Eyes $1 Trillion Again (Market Watch)
After the severe crash that drove BTC to about $30,000, the cryptocurrency has recovered some losses and reclaimed $36,000. Most alternative coins have also bounced off yesterday’s lows as the market cap looks to reconquer the $1 trillion level.Bitcoin Back Above $36KFollowing the highly positive first ten days of the new year, BTC headed for its worst 24-hour correction since the mid-March 2020 liquidity crisis.The primary cryptocurrency sat near its all-time high of $42,000 before the bears...
Read More »Happy 12th Birthday: BTC Heading to $35,000 As ETH Crosses $800
Bitcoin celebrates its 12th birthday by breaking down another milestone at $34,000 and yet another all-time high of $34,800. As some alternative coins have followed BTC’s move upwards, including ETH surpassing the $800 level, the total market cap has also reached a new record.Bitcoin’s Latest ATH Eyes $35KIf the ending of 2020 seemed impressive with several consecutive all-time highs, bitcoin’s new year so far is kicking it out of the park. The primary cryptocurrency has broken down barriers...
Read More »Bitcoin Sets New ATH Above $25,000: Bitcoin Dominance Eyes 70% (Market Watch)
Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...
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