Bitcoin has started once again trading sideways after a breakdown from its previous trading range, and when Bitcoin trades sideways, altcoins often get their time to shine. Thus far in October, altcoins have outperformed Bitcoin by a wide margin, and according to crypto analysts, the surge in alts could last all month long and have…
In a rare scene today all of the altcoins are in the green and many are outperforming Bitcoin as dominance drops lower. The market share chart for the king of crypto has been showing signs of a pullback which of course is good news for the altcoins. Bitcoin Reclaims $8k But Dominance Below 69% Following…
Altcoins like Ethereum, Litecoin, and XRP have struggled to recapture lost market share from Bitcoin in 2019. This has been reflected by a sharp increase in Bitcoin dominance – a metric that has increased steadily throughout the year. But as Bitcoin dominance begins to break down from recent highs, altcoins have begun to show signs…
Bitcoin’s weakness over the past couple of weeks has resulted in a failure to bounce back as it clings to support at $8k. The drop had largely been expected and many analysts are of the opinion that further declines could be on the cards. The BTC dominance chart is also showing telltale signs that could…
Bitcoin was the first cryptocurrency to ever be created, and any crypto assets created after it are referred to as altcoins. These altcoins promise to improve upon Bitcoin in a number of ways – from faster transaction speeds to a larger supply and other attributes – and to bring investors gains similar to that of…
In what has been one of the largest 24 hour market dumps this year over $30 billion has been dumped from crypto assets. Bitcoin reached the end of its bearish triangle pattern and dumped hard down to a three month low at $8,000. Bitcoin Crashes 17% Many had predicted a huge drop to long term…
During the 2017 crypto craze and ICO boom, retail crypto investors loaded up on new, untested altcoins in hopes of finding the equivalent of the next Bitcoin – a revolution in financial technology and the best performing asset of all-time. But after the 2018 bear market, those hopes and dreams have since been shattered, and…
The week has ended positively for Bitcoin which has made a move up to resistance, gaining 3 percent on the day. The same cannot be said for the majority of the other crypto coins, which are still languishing at lows and unable to get in gear. That is all except one which has taken off…
Tomorrow, Binance will close trading and deposits for US-based crypto investors and traders, cutting off access to much of the altcoin market. And while that’s likely a positive thing for crypto investors who have been burned by altcoin assets in the past, there are a number of alternatives US-based traders can visit to get a…
Back in June, the world’s most popular crypto exchange, Binance, announced that it would soon be blocking US-based investors from its platform, in order to comply with global regulations. The deadline for US-based investors to cease trading and using Binance is less than 48 hours away. Here is everything crypto investors and traders need to…