Top-5 Cryptos This Week (Jan 12): BSV, DASH, LINK, BCH, LTC
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Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible during the week.A few events soured sentiment early in the week, which dragged the total market capitalization of the crypto space down to
Read MoreRipple price is gaining momentum above the $0.2920 and $0.2950 resistances against the US dollar.The price is up around 3% and it revisited the $0.3040 resistance area.Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken).Two
Read MoreThe United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned
Read MoreChinese fintech stocks have surged this year on hopes that the launch of a digital currency by the People’s Bank of China will increase demand for security and payment services. Morgan Creek Digital co-founder Anthony Pompliano said that if the digital yuan becomes a reality, it might threaten the
Read MoreThe blockchain analytic firm, AnChain.ai, recently raised some dust in the crypto sphere when it posted some research findings that suggest Chainlink (LINK) has become a home to the infamous pump and dump scam.Although no confirmations are made yet, the findings by AnChain.ai show that a group of investors are
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