Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s

A total of $60 billion has been erased from the value of all cryptocurrencies over the last week, a decline that has many wondering if the ongoing bear market for the asset class has finally come to an end. Defined as a period of depressed activity and sentiment, the bear market has seen the price of […]

Continue Reading

Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

The crypto market took a turn for the worse on Wednesday when it lost nearly $30 billion in total market capitalization – but not every asset struggled to find buyers. In fact, certain stablecoins like USD-C, TUSD and DAI each witnessed a more than 200 percent increase in 24-hour trading volume amid the broader market sell-off […]

Continue Reading

Traders Now Betting 2-to-1 Bitcoin Cash Fork Will Cause Price Decline

New data is offering insight into how crypto traders are pricing in a coming technical update to bitcoin cash, one that could cause the world’s fourth most valuable blockchain to split into two competing networks. At press time, there are now almost twice as many open short positions betting that the price of bitcoin cash […]

Continue Reading

‘Ruff’ Month? Dogecoin’s Price Slid 36 Percent in October

Market data shows that the meme-themed dogecoin was the worst-performing coin out of the world’s largest 25 cryptocurrencies by capitalization for the month of October. The cryptocurrency – derided as a joke by some, beloved by others – first hit the market in 2014 and has since been through a series of boom-and-bust cycles ever since […]

Continue Reading

Tether’s Price Has Stabilized, But the Stablecoin’s Supply Is Still Shrinking

In what’s become a rarity over the past month, the price of the tether (USDT) stablecoin temporarily regained parity with the U.S. dollar Wednesday. The token traded in the $1.00-$1.01 range for the better part of an hour, according to CoinMarketCap. At the time of writing, it is trading around $0.987. The exchange rate has […]

Continue Reading

Crypto Trading 101: Pivot Points And Why They’re Useful

So you’ve pivoted to the upper echelons of your newfound expertise and are looking to increase your skill set to enable a greater understanding of the markets. When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement of an asset as well as defining the […]

Continue Reading

Bitcoin Price Faces Minor Drop After Failure to Pass Key Resistance

Bitcoin’s price looks vulnerable to modest slippage in the next 24 hours, as its persistent failure to pass a key moving average hurdle could embolden the bears. The leading cryptocurrency has been in a narrow sideways drift in recent days, with the 50-day exponential moving average (EMA) proving a tough nut to crack since Saturday. […]

Continue Reading

Up 13%: XRP Jumps By Double Digits for Second Time This Week

XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of […]

Continue Reading