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These factors were key to taking the steam out of Bitcoin’s ‘frenzied crypto-rally’

Source Node: https://ambcrypto.com/these-factors-were-key-to-taking-the-steam-out-of-bitcoins-frenzied-crypto-rally/
Time Stamp: September 11, 2021 5:30 AM - Modified On: September 11, 2021 - Published By:
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Republished By Plato

Volatility in the cryptocurrency world is real, there’s no doubting that. While some expected it to be a relic of the past, it came to the fore a few days ago after Bitcoin dropped below $45,000, taking the rest of the market with it. Now, different people have attributed different reasons to the aforementioned drop. A recent Twitter thread from a Singapore-based crypto-fund firm is a case in point. According to the same, the United States played a major role in driving or rather, aggravating this volatility. QCP Capital argued

Litecoin, IOTA, Dogecoin Price Analysis: 27 August

Source Node: https://ambcrypto.com/litecoin-iota-dogecoin-price-analysis-27-august/
Time Stamp: August 27, 2021 2:00 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

It has been a mixed trading day for the altcoin market despite Bitcoin breaking above $47k. Litecoin lost 2% of its value and was trading close to the $163.24 support line while IOTA declined by 5% and moved closer to the $0.795 price floor. Finally, Dogecoin flashed signs of consolidation with chances of a price reversal according to its technicals.  Litecoin [LTC] LTC/USD, TradingView Litecoin was trading at $169.49 after it lost 2% over the last 24 hours. The coin was trading close to the immediate support level of $163.24.

Magnificent Seven: XTZ, AVAX, TEL, ENJ, XMR, SOL, ZEN — Biggest Gainers Aug 20 – 27

Source Node: https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/
Time Stamp: August 27, 2021 1:40 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from Aug 20 to 27.Sponsored Sponsored These altcoins are:  Tezos (XTZ) : 26.23% Avalanche (AVAX) : 24.21% Telcoin (TEL) : 23.30% Enjin Coin (ENJ) : 18.58% Monero (XMR) : 14.56% Solana (SOL) : 14.40% Horizen (ZEN) : 13.13% XTZ XTZ has been increasing since July 20, when it was trading at a low of $2.10. In a span of 36 days, it increased by 160%, leading to a high of $5.45 on Aug.

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Source Node: https://decrypt.co/79093/ethereum-competitor-solana-hits-all-time-high-as-market-continues-to-rise
Time Stamp: August 21, 2021 7:11 AM - Modified On: August 21, 2021 - Published By:
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Republished By Plato

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by

Uniswap Fluctuates in a Tight Range, Attempt to Break $30 High

Source Node: https://coinidol.com/uniswap-fluctuates-tight/
Time Stamp: August 21, 2021 7:00 AM - Modified On: August 21, 2021 - Published By:
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Aug 21, 2021 at 11:00 // News Uniswap (UNI) loses its previous high as the altcoin picks up a new uptrend. UNI is approaching the $29.13 high at the time of writing. Uniswap (UNI) price long term forecast: bullish Uniswap price is rising to retest the $30 resistance level. It has peaked at $30 since August 11, but the bulls have been unable to sustain bullish momentum above the recent high. As a result, UNI fell to the previous low of $26.  Today, the altcoin is rebounding to reach the

Analyst on Bitcoin: This is ‘a very strong sign of…’

Source Node: https://ambcrypto.com/analyst-on-bitcoin-this-is-a-very-strong-sign-of/
Time Stamp: July 28, 2021 8:00 AM - Modified On: July 28, 2021 - Published By:
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Republished By Plato

For one whole day, after some pretty monotonous consolidations and devastating price dips, Bitcoin price candles were green on a one-hour, four-hour, and one-day chart. With this latest movement, market speculations were rife if this rally was here to stay. In the case of Bitcoin, its price has been affected by external news in the past. Some consider these factors to be driving forces to the price action and during BTC’s recent bull run the news side of it looked positive. News like Binance and FTX  limiting leverage trading and

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Source Node: https://insidebitcoins.com/news/chainlink-price-up-3-54-to-19-319-how-to-buy-link
Time Stamp: July 27, 2021 5:14 PM - Modified On: July 27, 2021 - Published By:
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Republished By Plato

Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been

Bitcoin’s future price action would depend on these key aspects

Source Node: https://ambcrypto.com/bitcoins-future-price-action-would-depend-on-these-key-aspects/
Time Stamp: July 22, 2021 6:00 AM - Modified On: July 22, 2021 - Published By:
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Republished By Plato

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

This is how confident whales are about Ethereum’s price

Source Node: https://ambcrypto.com/this-is-how-confident-whales-are-about-ethereums-price/
Time Stamp: July 15, 2021 6:30 PM - Modified On: July 15, 2021 - Published By:
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Republished By Plato

Ethereum has lost nearly 60% of its value since its peak back in May. However, the scale of the reversal in the value of the second-largest cryptocurrency has definitely invited more interest and support from crypto-holders in the market. ETH recently lost its support at $2,000 and dropped to $1,844, before recovering somewhat. To the market’s traders, however, this was a good entry point, with the subsequent buying pressure pushing the alt’s value to its press time value of $1,959. Buy low, sell high. We all know the basics of

The Effect of Coronavirus on the Cryptocurrency Market

Source Node: https://coinrabbit.io/blog/the-effect-of-coronavirus-on-the-cryptocurrency-market/
Time Stamp: December 30, 2020 5:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Flare Network Review: Smart Contract Network For XRP

Source Node: https://www.coinbureau.com/review/flare-spark-flr/
Time Stamp: December 26, 2020 11:08 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the third largest cryptocurrency most people familiar with the space have heard about Ripple and they understand that it is a global payment and foreign exchange network that was designed to replace the outdated SWIFT banking network. And while it works great for that specific use case, otherwise it has shown limited usefulness in other functions.That might all be fixed however as the Flare Network has been created with the goal of improving the utility of XRP tokens by creating a network with smart contract capability for the XRP