Earlier at the start of the year, the altcoin market broke through downtrend resistance spanning two years of crypto winter. The breakout caused an explosive rally that caused many crypto assets to double in value in just two months’ time. However, trading volume has only increased during the recent selloff, reaching a new all-time high…
A lot of proponents of so-called altcoins make a big deal about their favourite crypto project’s superiority to Bitcoin. Networks like BSV, BCH, and XRP have been especially tailored towards their associated assets’ use as a medium of exchange.Being distributed and largely pseudonymous, actual usage of a cryptocurrency is difficult to assess. One metric that…
Despite seeing a year of consistent losses and heavy selling pressure in 2019, the new year has been great for XRP so far, with the crypto posting massive gains alongside its competitor Stellar Lumens (XLM).XRP’s recent bullishness, however, may actually be a sign that XLM is about to see significantly further upside, with one analyst…
Last year’s most successful investments in the crypto market are strangely lagging behind the year’s top-performing altcoins thus far.Is this a sign of things to come, or are oversold assets simply correcting more powerfully than assets that have had less overall drawdown?Bitcoin and Exchange Tokens Lag Behind Altcoins in 20202019 was the year of the…
It has been another largely fruitless day for the majority of crypto assets but one is powering ahead regardless. Tezos has just made it into the top ten as the fundamentals for this altcoin keep improving. All Change in Crypto Top Ten Tezos is on fire again today with another surge of 18% as it…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…
Back at the tail end of the crypto hype bubble in 2017, it wasn’t uncommon to find posts throughout the cryptocurrency community that demonstrated what a small investment made in Bitcoin at the beginning of the year would have brought savvy investors for riches. Just as the bubble began to pop, a Reddit user attempted…
The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda. The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they cut down its supply…
A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected? Stellar Pumps On Crypto Token Burn…