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cryptocurrency June 3, 2020

March witnessed a rather flat month with respect to the institutional capital as volumes across the derivatives platforms stagnated. The following month saw interest surging to an unprecedented level with big institutional platforms such as Bakkt and CME breaking previous records and marking new all-time highs. Advertisements In a recent development, the cryptocurrency fund investment […]

cryptocurrency June 3, 2020

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Advertisements Source: […]

cryptocurrency June 2, 2020

Ethereum surged significantly over the last 24-hours, a movement that catapulted the altcoin’s price to $251.7, at the time of writing. While its recent gains weren’t enough to recover the losses incurred during the crash, the coin, however, might attract another bullish swing in the near-term. Advertisements Ethereum 1-Day Chart Advertisements Source: ETH/USD on TradingView […]

cryptocurrency June 2, 2020

The cryptocurrency market noted a rather flat month in May. While the general consensus in the community was that Bitcoin’s third halving will rally the bull market, the bulls did not materialize. However, with the last month of the second quarter now beginning, a new phase of market fluctuations may just dawn upon everyone. Advertisements […]

cryptocurrency June 1, 2020

Bitcoin’s price recently bounced off the crucial $9,500-support which drove the collective cryptocurrency market to a mild upswing. The market cap for the coin rose to $269.5 billion while Bitcoin’s dominance at 65.2%. Following this, many altcoins were observed to be showing significant strength. Advertisements Source: CoinStats Advertisements Ethereum: Source: ETH/USD on TradingView Despite delays […]

cryptocurrency May 31, 2020

Bitcoin‘s scalability debate has been ongoing for years now with talks of SegWit, Lightning Network, Taproot/Schnorr signatures. Ethereum, on the other hand, has also been working on its scalability issue. ETH 2.0 upgrade is touted as a “two-in-one solution” for Ethereum’s scalability and privacy issues. Once Ethereum successfully completes ETH 2.0 upgrade, Bitcoin will face […]

cryptocurrency May 31, 2020

While many expected Bitcoin to make a move into five-figures after its halving, it looks like an altcoin is stealing the show. It’s not just any altcoin, but the most valuable one in the market – Ethereum. Advertisements The second-largest cryptocurrency, by market capitalization, has been surging since 27 May, mounting a massive incline in […]

cryptocurrency May 31, 2020

In the beginning of May, Ethereum, Monero, and Dash dropped by more than 10%. However, over the course of the month, all three coins have recorded a significant amount of gains and as per analysis, the coins continue in this trajectory. Advertisements Ethereum Advertisements Source: ETH/USD, TradingView After the 12% drop at the beginning of […]

cryptocurrency May 30, 2020

Tether has been trying to climb up the CoinMarketCap ladder for quite some time now, and it recently became the third-largest cryptocurrency measured by market cap, after surpassing XRP on the charts. Advertisements As Tether’s supply reaches new heights, it seems to be moving away from the native Bitcoin chain, something that was pointed out […]

cryptocurrency May 30, 2020

Rejoice, Ethereum Community! Your blockchain has been chosen to tokenize the rewards by one of the world’s largest social media platforms, Reddit. Despite there being thousands of other projects in the cryptocurrency ecosystem, Reddit chose Ethereum’s blockchain to reward “positive behavior.” Recently, the platform also confirmed that its tokenized rewards will migrate onto the Ethereum […]