Cryptocurrency Analysis and News Portal
Billionaire venture capitalist Tim Draper says lack of “exciting” volatility in the initial public offering (IPO) market could see an influx of investors to bitcoin (BTC) and other cryptocurrencies. Speaking to CNBC, Draper also echoed the familiar sentiment of cryptocurrency and blockchain technology being akin to the early days of
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The total crypto market cap found a strong support near $122.0B and recently climbed higher.Bitcoin price bounced back above the $7,700 and $7,800 resistance levels.Bitcoin cash price gained a strong bullish momentum and jumped back above $400.EOS price is recovered above the key $6.00 and $6.05 resistance levels.Stellar (XLM) price
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Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last month.Now, all exchanges
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The total crypto market cap lost $12 billion of its value since May 20, 2019, and dropped to $239 billion. The top ten currencies are all in red for the last 24 hours with Stellar (XLM) and Cardano (ADA) being the worst performers with 8.5 percent and 7.6 percent of
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The total crypto market cap is forming a crucial breakout pattern above the $225.0B support area.Binance coin (BNB) price rallied recently and it is currently consolidating above $30.00.Litecoin (LTC) price is down around 4% and it recently broke the $90.00 support.Bitcoin cash price declined more than 6% and traded below
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Wednesday, May 22 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark again.Market visualization courtesy of Coin360Bitcoin is down over .5% on the day, trading at $7,850 at press time, according to CoinMarketCap.
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According to a recent tweet from Jeremy Allaire, the co-founder of crypto startup Circle, he has just made the decision to eliminate (fire) a number of employees. Allaire says that “approximately 30” positions were purged, 10% of the company.This news comes on the heels of a massive rally in the
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The total crypto market cap is currently above the key $225.0B and $230.0B support levels.Bitcoin price seems to be struggling to clear the $8,000 barrier and is trading in a range.Litecoin (LTC) price is currently consolidating above $90.00, with resistances near $92.00 and $95.00.Bitcoin cash price settled above the $400
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By CCN: Bitcoin is not an effective hedge against an uncertain economy or volatile stock market — despite what crypto evangelists vehemently insist. That’s the conclusion of a report that was just published in the Annals of Operations Research.The paper is entitled “Market Risk and Bitcoin Returns,” and it was
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By CCN: Mike Novogratz, the billionaire CEO of Galaxy Capital and a former hedge fund manager at Fortress Investment Group, believes alternative cryptocurrencies, or altcoins, will be outperformed by bitcoin in the bull market.Not this time. Market getting smarter. $btc will outperform.— Michael Novogratz (@novogratz) May 19, 2019The statement of
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