Altcoin

Bitcoin worth surge to $49K prompts a number of altcoins to hit new all-time highs

On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) worth above the $49,000 degree, a transfer that prompted many merchants on crypto Twitter to name for the top-ranked digital asset to knock down the psychological resistance at $50,000. Data from Cointelegraph Markets Pro and TradingView exhibits that after trading in a spread with an higher restrict close to $48,200 for a number of days, bulls managed to interrupt larger and climb to an intraday excessive at $49,242, capping a 20% rally since trading at a low of

Baby Doge Dips 3.1% to $0.000000001208 – Where to Buy Baby Doge

Baby Doge is among the newest cryptocurrencies in the market. The coin came into the limelight after being mentioned by Elon Musk, and shortly after, its community grew rapidly to it even featured in the NASCAR race. However, Baby Doge has failed to maintain the fame given to it by Musk, and while the rest of the market made massive gains in the past month, Baby doge failed to do so. BabyDoge is trading at $0.000000001208 at the time of writing after a 3.1% dip in 24 hours. Baby Doge

Cardano Reaches All-Time High As Rally Reaches New Heights

The price of Cardano (ADA) has reached an all-time high of $2.64 this morning, breaking the previous record of $2.54 set on Friday. ADA now trades for $2.58, up 4.5% from yesterday, according to data from crypto metrics site CoinGecko.Cardano​​ is the native token of the eponymous blockchain project helmed by Ethereum co-founder Charles Hoskinson. The altcoin overtook stablecoin Tether on August 13 as the third-largest cryptocurrency, with a market cap of $82 billion. ADA’s up 17% over the past week and 116% in the past month. Cardano’s price surge

Ethereum: Is the HODLing in yet?

When it comes to the altcoin market, the past few months have shown how important a cryptocurrency Ethereum is. With DeFi growing substantially in 2020, the gains have been felt by ETH in many ways. While ETH has miles to go before it can challenge the market cap and dominance of Bitcoin, its remarkable growth thanks to DeFi and the proposed ETH 2.0 shift cannot be overlooked. With Ethereum’s use cases diversifying, users and investors within the ecosystem are reaping its benefits too.Source: GlassnodeAccording to recent network data provided by

Brace for it – Bitcoin Futures may be nearing a tipping point

What’s the tipping point for Bitcoin Futures on top derivatives exchanges like the CME, an exchange that has recorded a daily trading volume of over $300M and Open Interest of over $400M, consistently, for the past 3 months. Source: SkewWell, a small shift in Open Interest or trading volume can have a cascading effect on Bitcoin Futures’ performance in the next 180 days. Such a shift will be influenced by several factors, and it begins at the tipping point. Three factors, to be more specific. In the current phase of Bitcoin’s market

Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why

Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $11,000, responding to weakness in legacy markets like the S&P 500. Despite the rally in the price of Ethereum, altcoins in the industry are dropping. DeFi coins, especially, have suffered, posting losses of 5-15% across the board. Analysts think that this weakness in the altcoin market may pertain to Why Ethereum DeFi

Litecoin, Dash, BAT Price Analysis: 16 September

Bitcoin Dominance rose to 61.15 from yesterday’s low of 59.9 while Bitcoin saw gains and was valued at $10,850 at press time. Bitcoin’s rise in the past few days was accompanied by many major altcoins seeing red. This can be explained by traders selling their altcoin holdings to buy a surging BTC in an attempt to make quick profits. Litecoin and Dash had been stuck beneath stiff resistance and faced selling pressure. Basic Attention Token also indicated bearishness in the short-term.Litecoin [LTC]Source: LTC/USD on TradingViewLitecoin briefly ascended past resistance at

Is Chainlink dealing with market pressure better than Bitcoin?

As is often the case in the digital asset market, an altcoin may perform extremely well over the course of a bull rally. In fact, it may even outperform Bitcoin, which is why in the eyes of many, such tokens might even look like the real thing. However, many of these would soon crumble under pressure whenever the market’s bears got a grip on the market.Chainlink has been looking to change that narrative with its present-day price performance. Chainlink demonstrated its strength during its recent bullish rally. Now, against all