Category: Altcoins
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The exit continues: HEX Tool “closes up shop” due to manipulation concerns
The crypto industry has been gripped with developments surrounding the HEX token, which is a relatively small cryptocurrency that has gained popularity due to its founder – Richard Heart – being a popular Bitcoin maximalist on Twitter. The token also garnered support from popular, albeit controversial, figures within the crypto space, including former BitConnect advocate…
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XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in the future. Additionally, crypto enthusiasts have been discussing Ripple…
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What Are Altcoins and Why Are There Over 5,000 of Them?
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that…
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Chainlink explodes higher as analysts eye a return to its all-time highs
Chainlink has been one of the most bullish cryptocurrencies within the markets over the past year, with LINK incurring immense momentum in 2019 despite the aggregated market facing some intense downwards pressure. This momentum is showing no signs of slowing down, and analysts are now noting that they anticipate the cryptocurrency to soon see a…
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These factors all suggest XRP’s rally is just getting started; how far will it go?
XRP’s recent price action seems to suggest that the cryptocurrency will end up being the dark horse of 2020, as its recent price action is shaping up to be overwhelmingly bullish as multiple key technical factors begin flipping into the favor of buyers. Currently, the token is in the process of breaking above a critical…
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These key factors could propel XRP further after its “highly bullish” 11% rally
It appears that XRP’s strong price action over the past several days was bull’s attempt to lay the groundwork for a massive upside movement. XRP is now caught within what appears to be a firm uptrend that has allowed the cryptocurrency to significantly outperform both Bitcoin and most major altcoins, which has also led it…
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Ripple offloads nearly $200m in XRP; will this thwart its growing signs of bullishness?
XRP has seen some decent bullishness over the past several days, which has allowed the cryptocurrency to secure what appears to be a strong foothold within the mid-$0.20 region. This bullishness has come about in the face of turbulence within the aggregated crypto markets, with Bitcoin struggling to break through the intense resistance that exists…