Cosmos (ATOM) has been on a remarkable rally over the past few days in spite of the price of Bitcoin stalling and actually undergoing a bearish reversal. The popular altcoin has gained 25% in the past 24 hours alone, setting a new all-time high price. Analysts say the rally in the price of this altcoin…
Earlier this month, Tezos (XTZ) was all the rage. After Bitcoin stalled in the $11,000s, the price of the altcoin shot higher independently of the leading cryptocurrency. As a result, the XTZ/BTC pair moved higher, reaching crucial levels not seen in months. But even since last week, Tezos has been on the decline. To be…
Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to recapture its position above $15.00, and it is now showing some signs of technical strength as analysts watch for further upside. In the near-term, which direction it trends may depend largely on its ongoing trendline breakout, which…
Another week, another round of Crypto Tidbits. It’s been quite a week for the Bitcoin market. In the past seven days, the leading digital asset has traded at both $12,500 and $11,400, facing volatility due to crypto market trends and the macroeconomic trends. Bitcoin’s rally earlier this week came on a decisive break of the pivotal…
The vast majority of the crypto tokens that have been seeing parabolic runs as of late are relatively new, being launched on platforms like Uniswap where traders are apt to throw money at projects related to the DeFi sector. One surprising “old” token that was popular in 2017 is now seeing parabolic momentum as well,…
Tezos has faced a massive influx of selling pressure today that has sent it reeling lower, making it one of the worst-performing major altcoins at the moment. This weakness has come about as the aggregated market shows some signs of being in a precarious position, with Ethereum plunging towards $400 overnight while most other altcoins…
Things have been looking up for Bitcoin. The cryptocurrency is currently the best-performing mainstream asset of 2020 so far, beating out the record-breaking gold rally, the stock market recovery, and anything else. But the top in Bitcoin could be in, according to an indicator that has accurately called nearly ever major top in the first-ever…
Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has…
OMG Network’s native token OMISEGO (OMG) logged a milestone price rally in the running week. The 25th largest cryptocurrency surged by up to 252 percent in the days leading to its integration into the world’s leading stablecoin project, Tether. As of Friday, the OMG/USD exchange rate had established a year-to-date high at $9.86 before correcting…
Bitcoin price recently set a new high for 2020 but has since pulled back to just under $12,000. However, the cryptocurrency is slightly “ahead of schedule,” according to a top crypto expert and former Google engineer. Because the asset is further beyond in its cycle “trajectory,” it could mean that there’s still more downside to…