Despite Bitcoin’s extremely strong performance in 2019, crypto assets as a class didn’t fare too well. Sure, some altcoins like Litecoin managed to surge by hundreds of percent. But, the aggregate market capitalization of cryptocurrencies that aren’t BTC managed to register a slightly negative performance last year, with altcoin projects in Ethereum and XRP actually…
Although almost all eyes have been on Bitcoin, top cryptocurrency Tezos has seen a stellar past 24 hours. Per data from TradingView, the altcoin, in the top 20 cryptocurrencies by market capitalization, has gained upwards of 15%, surging as high as $2.04 from yesterday’s price of $1.75.Related Reading: Analyst Who Predicted Bitcoin’s $3,000 2018 Bottom…
Over the past month, altcoins have finally started to break higher, reversing the Bitcoin-centric trend seen in the crypto market throughout all of 2019. In fact, the BTC dominance metric has dropped to 66% over the past week, with digital assets like Ethereum, XRP, and Litecoin starting to outpace the market leader.Related Reading: XRP Analyst…
The price chart of the current altcoin market closely resembles that of the early Bitcoin price chart and could signal that whoever is buying the current dip across the crypto market could end up generating life-changing wealth from their investment.Life-Changing Wealth Altcoin Market Follows Early Bitcoin Market CycleWhen Bitcoin first was released into the wild,…
Since early-2018’s market crash, crypto investors have been waiting for altcoins, digital assets that are not Bitcoin (BTC), to surge higher. Unfortunately for these investors, this hasn’t happened yet, with Bitcoin’s dominance rallied from 33% to a high of 71% last year in 18 months’ time, surging on the deaths of altcoin projects.But, it appears…
If you take a look at CoinMarketCap, it’s easy to get overwhelmed; the site claims there are over 5,000 crypto assets in existence, from those as relevant as Bitcoin and Ethereum to those as obscure as Embercoin and, uh, PepeCash.Each coin purports to have its own viable use case, meaning that theoretically, it has the…
At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this).Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not…
While Litecoin started 2019 with a massive rally leading up to the asset’s hard-coded halving, the fifth-largest cryptocurrency by market cap later retraced almost the entire rally. It also led the way for a massive altcoin run, just before Bitcoin began to skyrocket and caused the alt market to correct.After a steady, prolonged decline, Litecoin…
This morning, crypto Twitter lit up with discussion over an altcoin that was once buzzing during the 2017 crypto hype bubble went on a sudden rally against Bitcoin.Before the rally began to retrace, the pump saw a massive 50% gain against BTC in a single day, giving crypto investors who were around during the bubble…
Despite what the news may imply, Bitcoin (BTC) is up on the year, having posted an over 70% gain. XRP, Ethereum, and other altcoins, on the other hand, have suffered, plunging under the weight of a volatile Bitcoin.Some cryptocurrencies have been hurt more than others. The most hurt altcoin in the top 10 has to…