Tag Archives: Altcoin Price Analysis

Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers

Advertisement Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks — the ones that result in irreversible network splits and create new blockchains — were a net positive for their portfolios. “How could they not be?” they asked. “It’s free money!” Indeed, at that point, the two most prominent… Read More »

Coinbase Bounce: 3 of 4 Ethereum Tokens Rally against Bitcoin on Day of Listing

Advertisement Trading of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) — all ERC-20 tokens that run on the Ethereum network — today went live on Coinbase Pro, and most received a bump from their listing on the crypto exchange. CVC, LOOM, MANA, and DNT Listed on Coinbase In a post earlier today, Coinbase reached out… Read More »

Crypto Downturn Thrusts Tether into Top 5 in Market Cap Rankings

Advertisement Tether (USDT) has recently found itself among the top five cryptocurrency assets by market cap – despite its own declining capitalization – due in part to the dramatic demise of other top currencies such as Bitcoin Cash and EOS. That’s particularly notable since Tether has shed around $700 million in assets since September – which in USDT… Read More »

Not Even a Ripple: Coinbase News Fails to Rescue XRP from Bearish Trend

Advertisement It was the announcement that ripple (XRP) investors had been anticipating for more than a year, but the news that crypto exchange giant Coinbase was “exploring” support for the second-largest cryptocurrency failed to elicit even a microcosm of the sort of rally that even the mere rumor of a Coinbase listing frequently catalyzed during the 2017 bull… Read More »

EOS Surges 16% Over the Weekend, Eyeing Extended Gains

Advertisement Despite the criticism it is receiving for being a pseudo-decentralized blockchain project, EOS is performing exceptionally well on the trading front. The EOS/USD rate during the weekend noted more than 16% surge. The upside action came in continuation of a strong bounce back from the 1.546-fiat level on Friday. The combination of Friday and weekend price actions… Read More »

Ethereum Recovers 15% Within Minutes, is it Demonstrating Oversold Conditions?

Advertisement On December 8, within 15 minutes, the Ethereum price increased by more than 15 percent against the US dollar. Several traders expected Ethereum (ETH) to experience a short-term corrective rally after it dropped to a yearly low at around $82. A Local Bottom Prior to its price drop, a prominent technical analyst with an online alias “The Crypto… Read More »

Bitcoin on the Brink: Will The Crypto Market Go Under $100 Billion?

Advertisement The crypto market has faced a lot of downward pressure the past few weeks and, as we reported yesterday, so is everything else. Indeed, the week saw an overall 3+% loss in the Dow Jones Industrial Average, and no other exchanges were performing well, either. It’s just a bad time to be a bull, it seems. Bitcoin… Read More »

Flippening: Bitcoin Cash Now Worth Less Craig Wright-Backed Bitcoin SV

Advertisement In a development that it’s fair to say few saw coming, bitcoin sv — the cryptocurrency introduced through last month’s Bitcoin Cash hard fork — is now worth more than the bitcoin cash token itself. CCN reported yesterday that a “flippening” between the two cryptocurrencies appeared to be inbound, as the BSV price steadily gained on BCH… Read More »

Underdog Bitcoin SV Beats Top Coins after Rising 32.5% in 48 Hours

Advertisement Bitcoin SV on Friday totaled its bullish rally to 32.5 percent while the rest of the crypto market remained red. The highest intraday BSV/USD rate on BitFinex today was noted at 114-fiat. At the same time, Bitcoin SV’s ideological rival Bitcoin Cash continued its crash cycle after dropping another 15% on its real-time 24-hour timeline. Other coins,… Read More »

Bitcoin Cash Risks ‘Flippening’ as BSV Price Gains on BCH

Advertisement Given the early post-hard fork performance, the race between Bitcoin Cash ABC and Bitcoin Cash SV has taken an interesting turn as of late, with the former shedding an increasing amount of market capitalization and the latter rebounding and recovering to the point that it is, at the time of writing, potentially on the verge of switching… Read More »