performance

XRP Forms Crushing Textbook Reversal Sign After 30% Explosion

XRP has seen an extremely strong rally over the past few days, outperforming Bitcoin and even Ethereum on some days. Since July 22nd, the asset has gained in excess of 50%, reaching highs not seen since the February blow-off top. Some analysts see this price action as a precursor to a macro bull run for XRP. While this may be true, the leading altcoin is printing some signs that it will reverse for a few days or weeks, then potentially it may head higher. XRP Could Soon See Reversal: TD

MCO Price Spikes After Crypto.com Announces Token Merging

The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of

Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation

Ampleforth (AMPL) has been one of the top-performing cryptocurrencies over the past month. The asset, whose long-term price performance is measured by its market capitalization rather than its nominal price, gained ~5,000% in July. The asset has seen a steep correction over the past week as the focus of crypto investors has been on Bitcoin and Ethereum. After a recovery, AMPL is dropping once again. This drop comes in spite of positive on-chain and social media signs, according to blockchain analytics firm Santiment. Ampleforth Drops 20% Despite On-Chain Data Indicating

ChainLink Announces Launch of Community Grant Program

Rate this post ChainLink has recently announced the launch of a community grant program. This has been launched in order to accelerate the development of the platform. It has been specified by a team at ChainLink that their network is growing rapidly. This is the high time when this ecosystem needs support to grow. ChainLink plays a huge role in the DeFi industry As ChainLink has been using the smart contracts because of which it plays quite an important role in the DeFi industry. The firm is also encouraging and

Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll.In seven short days, Bitcoin went from around $9,600 to $11,400, charting gains upwards of just shy of 20%. Earlier on Monday, the cryptocurrency catalyzed its performance, jumping from $9,800 to $11,200. After that, it consolidated for a few days, and just today, it painted fresh 2020

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches

Another week, another round of Crypto Tidbits. It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Chart of BTC's price action over the past two weeks from TradingView.com Bitcoin’s recent price action comes as a breath of fresh air for crypto traders, which had to deal with BTC flatlining in the $9,000s for

South Korea’s Largest Crypto Unveils New Consensus Algorithm

South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8.The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine Fault Tolerance (PBFT) consensus types, without compromising security.Innovation reduces network load and improves throughputThe LFT 2.0 white paper was published on today been published on Github, following three years of research and development. It marks the first time that a South Korean team has successfully innovated on this element of blockchain

Price Analysis April 8: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic crisis. Despite the kind words, in a letter to JPMorgan shareholders, Dimon warned that the future “will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008.”Ballet CEO and founder Bobby Lee expects Bitcoin to reach $10,000 by its block reward halving next month. Lee expects the