Last night, Ripple CEO Brad Garlinghouse revealed his company’s expectations that they would be slapped with a lawsuit from the United States Securities and Exchange Commission in relation to the XRP cryptocurrency token. Word spread throughout the crypto community quickly, causing widespread speculation over what this could mean for the greater industry, Ripple executives, and…
Bitcoin is well above its former all-time high, but the “alt season” where altcoins explode in value relative to the top-ranked cryptocurrency has yet to arrive. BTC dominance, a metric weighing all other crypto assets against Bitcoin is facing a pivotal monthly close that could jeopardize any chances of a greater altcoin market recovery. Here’s…
The top crypto asset has successfully set a new all-time high in 2020, but the promised altcoin season that was supposed to follow is nowhere to be found. And with Bitcoin’s momentum turning and a correction overdue, the lack of strength in altcoins could see the total crypto market cap sans BTC sliced in half,…
After spending three years of the crypto bear market as the butt of all jokes, being compared to sheep manure, and much more, XRP has shocked the entire industry with a 225% single-month explosion. But the powerful breakout could only be just beginning, according to a variety of technical indicators that measure the strength of…
Ethereum has exploded with the same momentum that Bitcoin did earlier in November, now taking the altcoin’s recovery to over $600. The level is the last major resistance zone before an all-time high retest is due. Here is the level to watch for where a reversal could take place, or if it’s too late and…
Bitcoin remains below its high set earlier in the week, but out of nowhere, Litecoin has surged an additional 13% today alone, capping off a 33% green week for the previously lagging altcoins. But why is the altcoin offered referred to as digital silver soaring so wildly compared to the rest of the crypto space,…
Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard. With the general consensus being that Litecoin often leads the way for altcoin trends, a further fall against Bitcoin – as…
This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94.5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000. With the likelihood of an effective vaccine growing, and…
XRP continues to be one of the most disappointing and dormant altcoins in the cryptocurrency market, three years running. The recent Bitcoin rally has caused the altcoin to fall to new lows on the XRPBTC pair, which analysts claimed could cause its army of supporters to “admit defeat.” Instead, Ripple themselves have decided to buy…
Ethereum spent the summer months easily outperforming Bitcoin, but that trend reversed as soon as the fall months hit. The change in tune towards the DeFi trend helped take the second-ranked cryptocurrency down to retest resistance turned support. The bullish retest has since held, and it could take the altcoin back to retest highs on…