The cryptocurrency markets appear to be in recovery mode on Monday after a rather torrid week where most coins reached 2018 lows. Chief of the pack was EOS which sees an 8% rise to trade at well over the $7.30 level after having dropped as low as $6.50 last week. However, the increases were not limited to EOS since other currencies also registered impressive increases. Stellar Lumens pushed...
Since raising $232 million in a record breaking ICO a year ago, Tezos has seen its fortunes take a battering after a series of unfortunate events including embarrassing legal battles, regulatory issues, disgruntled community members and boardroom disunity. Against this backdrop, the coin, which was once heralded as a potential challenger to bitcoin with a peak token price of $10.51 in December...
Bitcoin Cash may well head to $640 or $630 soon, as there's a new bearish trend line at $690. The crypto is trading at $662, having already tested the local low at $645 and then pulled back. The cryptocurrency is under pressure, according to Dmitriy Gurkovskiy, Chief Analyst at RoboForex. He portends Bitcoin Cash is unlikely to stay long near $700. In case the sellers remain active, it will soon...
Over the past few days, and particularly over the past 24 hours news on Wall Street has gone from hyper-optimistic to downright depressing. One article declared we'd come to "The end of the market's Trump honeymoon", others are analyzing not whether or not major correction is underway, but whether or not the correction will lead to a "multiyear bear market". The change in sentiment is startling...
The bitcoin price has increased by more than $1,000 over the past 24 hours and is en route to surpassing the $19,000 mark. Bitcoin Second Most Popular Keyword on Google in 2017 Google, the world’s most widely utilized search engine, has revealed that bitcoin has been the second most popular keyword on its platform throughout 2017. As the demand for bitcoin from both casual investors and retail...
Over the past 24 hours, the Litecoin price has surged by nearly 10 percent, increasing from below $270 to $300. Surpasses Charlie Lee’s Expectation On CNBC’s Squawk Box, Litecoin creator and former Coinbase executive Charlie Lee stated that he would be satisfied if the price of Litecoin remains in the $300 region by the end of 2018. The statement of Lee came after the price of Litecoin increased...
On CNBC’s Squawk Box, Litecoin creator and former Coinbase executive Charlie Lee discussed the future of bitcoin, Litecoin, and the cryptocurrency market in the long-term. Strict Regulations Beneficial For Cryptocurrency Market During the interview, Lee offered his viewpoint on a wide array of cryptocurrency-related topics including the short-term price trend of Litecoin, current regulatory...
Ripple has overtaken Bitcoin Cash to become the third largest cryptocurrency in the market with a $31 billion market cap, after recording a 47 percent increase in value within the past 24 hours. Up 45% Within the Past 24 Hours Over the past two days, the daily trading volume of Ripple surpassed that of all cryptocurrencies in the market apart from bitcoin. On December 15, the daily trading volume...