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Crypto Market Wrap: Rebranded Litecoin Turns Excellent With $2 Billion Cap
Crypto markets are frugal on Friday, Litecoin is the only one making a move, the rest are lethargic. The week is ending on a flat note as there is still very little movement amongst the major cryptocurrencies this Friday. Markets have plateaued around the $120 billion capitalization level but are unable to make any significant…
Strong Cost Forecasts For Outstanding (XLM) and Cardano (ADA) in 2019
Crypto predictions are always taken with a pinch of salt. They are essentially just guesswork based on a few fundamentals and snapshots of the market at any given time. There is no doubt though that predictions for future prices of crypto assets are incredibly popular, and the latest from Finder have made some bold assertions.…
Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge
Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Today’s drop has led the overall cryptocurrency market capitalization down to $102 billion, a level not seen since August of 2017. At the time of writing, Bitcoin (BTC) is trading down nearly 6%…
Bitcoin Drops to $4,000 as Sell-Off Reignites, There Might Be a Larger Pattern in Play
After a couple days of upwards trading, the cryptocurrency markets have continued to sell-off, led by Bitcoin, but are still sitting above their recently established lows. Today’s drop could be the result of traders taking profits on short-term long positions, according to one research firm. At the time of writing, Bitcoin is trading down 6.5% at…
Cryptocurrency Market Update: Excellent (XLM) Reaches 4th Area
Crypto markets have held their gains, Stellar and Zcash leading the way. Cryptocurrency markets have held on to their gains following two days of recovery from extremely low levels. Things are not great mind you and markets are still at very depressed levels for the year, but the good news is that they haven’t dumped…
Sole Survivors; Fintech Cryptos Ripple (XRP) and Outstanding (XLM) Defy Market Massacre
Another day heralds more doom and gloom for the majority of cryptocurrencies, including the top ones. Markets have been hammered over 15% on the day losing in excess of $20 billion since yesterday but not all digital currencies are suffering the same level of pain. A Case For Stellar Lumens Both Ethereum and Bitcoin Cash…
A Crypto Armageddon Wipes Out Over $20 Billion in 24 Hours
Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year. Total market capitalization is back to August 2017 levels making the end of year crypto surge feel like…
BitGo Includes Excellent Lumens and Dash, CEO States They Deal Special Functions
BitGo, a major Palo Alto-based cryptocurrency startup, is adding Stellar Lumens (XLM) and Dash (DASH) to its list of cryptocurrencies that it offers custodian solutions for, signaling that the two cryptocurrencies are seen as being unique and practical enough to pass the company’s selective coin addition process. Customers will be able to generate wallets for…
Outstanding Lumens (XLM) Rate Watch: Rising Triangle Development
Stellar Lumens Price Key Highlights Stellar Lumens has formed higher lows and found resistance around 0.2600 to create an ascending triangle on its 1-hour chart. Price is nearing the peak of its formation so a breakout in either direction could take place really soon. Technical indicators are giving mixed signals on where the breakout might…
Cboe Expert: Bitcoin Rates Likely Have Not Struck Rock Bottom Yet
While the cryptocurrency markets are sitting well off their year-to-date lows, and Bitcoin is showing increasing stability with major support at $6,000, a Cboe options expert is now claiming that the markets may have yet to hit rock bottom, based on how this rally ultimately ends. As market sentiment is near its all-time low, the…