Category: Altcoins

Ethereum could be primed for a move to over $200 despite ongoing selloff

Ethereum (ETH) has been closely tracking Bitcoin’s price action over the past couple of weeks, which allowed it to post massive gains throughout the first part of the month, before setting a local top that has been followed by firmly bearish downside. In spite of this, analysts are noting that Ethereum is fast approaching a…

January 23, 2020
Tether announces the launch of Tether Gold, a gold-backed cryptocurrency

Tether, the company behind the biggest stablecoin in the world, has launched Tether Gold, a digital asset providing exposure to physical gold. According to the company’s announcement, XAU₮ will be available both on Ethereum and on TRON and will represent one troy fine ounce of gold. Tether diversifies into traditional assets, launches gold-backed cryptocurrency Tether…

January 23, 2020
Ethereum’s consolidation trend may turn into a full-blown bull rally if it breaks this key level

Ethereum has been able to begin gaining some tempered momentum following its recent drop to lows of $162, as ETH has now pushed its way back up towards the $170 region. Although the cryptocurrency is still trading down slightly from its recent highs of $177 that was set this past Saturday, its ability to hold…

January 22, 2020
Bitcoin Cash appears to be leading the altcoin markets; is a major rally brewing?

The aggregated crypto markets have been subjected to the volatility experienced by Bitcoin over the past several days, which has primarily favored bears. The recent market-wide downswing has led altcoins like Bitcoin Cash to shed some of their recent gains, although their market structures still remain firmly bullish. Analysts are now noting that Bitcoin Cash…

January 21, 2020
Cardano packs its schedule with new releases every week

The immense success of the Shelley incentivized testnet seems to have left Cardano invigorated and ready to pick up the pace when it comes to development. According to Charles Hoskinson, the CEO of IOHK, the company is up for quite an eventful couple of months. He shared upcoming plans and events in a recent interview…

January 20, 2020
IOTA’s newly updated Coordicide whitepaper validates previous research

IOTA announced the release of the updated version of their Coordicide Whitepaper. According to the company’s blog post, the newly released whitepaper contains revised and updated content that has already been published in the past year and will be used to validate the initial work put in by the company. Coordicide whitepaper done after a…

January 20, 2020
This technical formation could mean Ethereum is in for massive short-term upside

It has grown increasingly unclear in recent times as to whether or not the aftermath of the recent uptrend seen by Bitcoin and major altcoins like Ethereum (ETH) marks any type of fundamental shift in market structure, or if it is simply another lower-high that will be followed by further losses. In spite of this…

January 17, 2020
Crypto market incurs technical strength as altcoins begin turning parabolic

The crypto market’s firm uptrend has allowed multiple major altcoins to begin going parabolic, which to many investors is emblematic of the early stages of the massive bull run seen in late 2017. The recent series of rallies seen by both Bitcoin and other major altcoins has allowed the market to break out of a…

January 15, 2020
How top altcoins trend in coming days could set the tone for the entire crypto market in 2020

Bitcoin has been able to significantly extend its recently incurred upwards momentum, creating a strong upwards tailwind that has allowed nearly all major altcoins in the crypto market to post massive gains over the past couple of days and weeks. The massive market-wide rally seen since early-January seems to have reached a boiling point earlier…

January 14, 2020
Vechain CEO says China banning crypto trading is actually a good thing

In a recent interview where he gave an update about the current state of Vechain, Sunny Lu said that China made the right decision when it banned cryptocurrency trading That way, he said, the country eliminated all of the “bad guys” in the space and is now able to facilitate the development of blockchain technologies…

January 14, 2020