2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin.However, a small handful of altcoins vastly outperformed Bitcoin, and crushed even the returns that BTC brought investors during its year of bullish price action.The Top Performing Crypto Assets of 2019From trough…
Chainlink has seen a massive price rise in recent times, surging to fresh all-time highs in July of 2019 concurrently with Bitcoin’s rise to its 2019 highs of $13,800. Although both cryptocurrencies have both retraced from these highs, LINK is still trading up significantly from its year-to-date lows. Analysts are now noting that Chainlink may…
The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak.However, a violent selloff has begun in the asset, with investors taking profit following incredible returns it amassed throughout the year. The price action closely mimics a Wyckoff distribution schematic that suggests…
The crypto asset known as Chainlink or LINK, has been the talk of the cryptocurrency market for much of 2019. The asset has strongly performed even while other altcoins struggled, and often outperformed Bitcoin at times throughout the year. However, the altcoin’s rally appears to be coming to an abrupt end, and it could end…
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…
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…
The crypto market is a new and emerging asset class that – due to the various innovation factors, its speculative nature, and the technological intricacies of each individual coin – makes assigning a value to any altcoins exceedingly difficult to pinpoint with any sort of accuracy. Crypto analysts use a variety of metrics to determine…
There is no doubt that Bitcoin has been in the driving seat over the past couple of months. Its epic performance has eaten into the crypto markets to such an extent that altcoins are still largely on the floor. That is all except Chainlink which has literally shot for the moon this month. LINK Lashes…
ChainLink (Link) Surging, adds 75.6 percent Google entry and listing at Coinbase significant for Link Oracles are the future, and Google is strategically positioning itself to be a valuable source of verifiable data. By partnering with ChainLink, Link which also got a “Coinbase Effect” boost, is bullish in the long term. At spot rates, the…
Crypto markets made 27% in June, largely from Bitcoin. Ethereum, Litecoin, Link and NEO performed well but Ripple, BCH, EOS, Stellar, and IOTA plunged. June has been the fifth month in a row that has seen gains all round on crypto markets. While performance was not as good as May’s, total market capitalization did increase…