Category: Altcoins
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Tezos sees growing utility as analysts remain overwhelmingly bullish
Tezos has been the rising star of the crypto market in 2019 and 2020, with its insane uptrend in recent months only being rivaled by that seen by Chainlink – which was also able to set fresh all-time highs earlier this year. The intensity of this uptrend is showing no signs of slowing down either,…
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Chainlink is “taking a shot” at another breakout as community growth skyrockets
The aggregated crypto market has seen another notable upswing today, and Chainlink is once again leading the way. Today’s bullish LINK performance comes as the crypto attempts what analysts are describing as another breakout rally that could allow it to begin its journey back up to its early-2020 highs. This momentum may be driven in…
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Ethereum large transaction volume rockets on heels of report about institutional inflows
Ethereum has been one of the best performing cryptocurrencies throughout the past few days, with its recent upswing allowing it to put some significant distance between its current price levels and its recent lows. This uptrend was fueled in part by the bullishness seen in the aggregated market, but was perpetuated by news regarding a…
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These Q2 Ethereum trends could have heavy influence over its mid-term outlook
Ethereum has seen mixed price action throughout 2020, with the cryptocurrency first incurring a parabolic uptrend in early-February that led it to highs of $290, before it lost its momentum and reeled all the way down into the sub-$100 region in mid-March. In the time since this capitulatory decline, ETH has clawed its way back…
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‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto
The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former anti-virus software tycoon also stressed to the public on…
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Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively as many are starting to feel like the…
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Key data metrics flip short for Litecoin as large transaction volume dives
It has been a rough year for Litecoin, with the cryptocurrency incurring some intense selling pressure throughout the past month that has led it to set fresh year-to-date lows over the course of the past few days. This weakness isn’t just limited to the past few months, however, as LTC is currently trading at price…
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Chainlink leads market-wide surge as recent technical breakout bolsters price action
Bitcoin’s swift break above $7,000 seen earlier today has led the cryptocurrency market to rise concurrently with it, and Chainlink appears to be leading this market-wide rally. The highly bullish crypto – which has a tendency of moving parabolically – is trading up significantly from its recent lows that were set yesterday, and just set…