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Month: February 2020

cryptocurrency February 29, 2020

In the crypto-verse, Bitcoin continues to be a dominant force, followed by Ethereum (ETH). At press time, Ethereum had a market cap of $25 billion, a figure which was easily dwarfed by Bitcoin’s. However, Ethereum does dwarf Ethereum Classic, with the former’s market cap over 26 times that of the latter. A recent blog published […]

cryptocurrency February 29, 2020

As February 2020 ends, it can be observed that Bitcoin’s performance in the market has been a tumultuous ride. The largest cryptocurrency in terms of market cap was, at press time, reporting a YTD return of 22.99%, a figure which was much higher before the drastic fall a few days ago. The coin began its […]

cryptocurrency February 29, 2020

Ethereum [ETH], like many other alts, has been under a lot of downward pressure in the market. However, unlike the world’s largest cryptocurrency, Bitcoin [BTC], the coin has been reporting 76.31% Year-to-Date return. Ethereum’s value at the beginning of the year was $133.24, but at press time, was being traded at $230.21. In fact, in […]

cryptocurrency February 29, 2020

It’s no secret that the past couple of weeks have been quite negative for Bitcoin and the aggregated crypto market, with many major altcoins incurring intense downtrends that have erased a significant amount of gains incurred throughout the first couple of months in 2020.Most major cryptocurrencies, however, are now nearing critical support levels that could […]

cryptocurrency February 28, 2020

Bitcoin has evolved over the course of the decade. From what was once called imaginary Internet money at the onset, Bitcoin today has positioned itself as a leading digital asset that even traditional financial institutions are taking seriously. In fact, according to CoinMarketCap, Bitcoin dominates the crypto-space with a gargantuan market cap of over $159 […]

cryptocurrency February 28, 2020

Ethereum started a strong recovery from the $208 swing low against the US Dollar. However, ETH price is likely to fail near $240 and it could resume its decline.Ethereum is up more than 8% and it climbed above the $230 level against the US Dollar.The price is still facing a lot of key hurdles near […]

cryptocurrency February 27, 2020

As the cryptocurrency market recovers from the drastic fall on 25 and 26 February, the Futures market has a novel story to tell. While on one hand, Bitcoin Futures are seeing reduced Open Interest, on the other hand, Ethereum Futures are reflecting new great momentum in its daily volume. According to the data provider, Skew, […]

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