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Here’s the caveat to Bitcoin Cash, Ethereum Classic’s price actions

On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. However, what really matters is whether they can sustain these rallies or not. For the likes of BCH and ETC, this is a very critical question.  What does the price say? Both Bitcoin Cash and Ethereum Classic were up more than 40% since 20 July, at the time of writing. While both altcoins followed Bitcoin’s footsteps, their

Analyst on Bitcoin: This is ‘a very strong sign of…’

For one whole day, after some pretty monotonous consolidations and devastating price dips, Bitcoin price candles were green on a one-hour, four-hour, and one-day chart. With this latest movement, market speculations were rife if this rally was here to stay. In the case of Bitcoin, its price has been affected by external news in the past. Some consider these factors to be driving forces to the price action and during BTC’s recent bull run the news side of it looked positive. News like Binance and FTX  limiting leverage trading and

5 Best Gaming Crypto Coins For High Returns July 2021 Week 4

The cryptocurrency market continues its steady recovery. Having dropped off a little yesterday, its total value has since risen by nearly 6% in 24 hours. The cap of the entire market now stands at $1.59 trillion, with bitcoin being the biggest gainer among major coins. However, gaming cryptocurrencies are also playing their part on the rise, with Splinterlands’ SPS token gaining by 230% in a single day. Accordingly, we’ve put together our pick of the 5 best gaming crypto coins for high returns. 5 Best Gaming Crypto Coins For High

This is a good sign for Bitcoin Cash BUT….

For the first time since June, Bitcoin’s price slipped below the $30k level on Tuesday. This dip managed to stir chaos in the market. However, the king coin was quick to recover and was trading just under $32k, at press time, thanks to the hype associated with the B Word conference. To put it in the words of Changing Zhao of Binance, “The market likes to play with our emotions.” Bitcoin’s 6.2% hike over the last 24 hours was well reflected in the one-day RoI of most alts. In fact,

Bitcoin: What’s the impact of Musk’s ‘but I don’t dump’ claims

“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.” You might have, most definitely, stumbled upon this Elon Musk statement while scrolling through social media today. The market’s largest cryptocurrency witnessed mini-pumps in succession over the past 24 hours owing to Musk’s public appearance on “The B Word.” Riding on the back of Elon Musk’s claims, Bitcoin went on to cross the $32,500-mark. However, the same could not persist for long. Bitcoin pumped, but here’s what traders had to say Bitcoin was back

Fundamentally Strongest Crypto Projects in 2020

There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this article, we will take a look at four projects which due to their strong fundamental basis and value added, could eventually become mainstays in the crypto industry. Elrond (EGLD) Elrond is a blockchain that sports

Alt Season Reigns as Big Money Exits the U.S. Dollar

Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

Winklevoss’ Gemini Adds Support for Hong Kong, Australian and Canadian Dollars

Gemini, a major cryptocurrency exchange founded by the Winklevoss brothers, has just added support for three new fiat currencies on its platform.According to an official announcement on Aug. 17, Gemini now allows users to trade in the Hong Kong dollar (HKD), the Australian dollar (AUD), and the Canadian dollar (CAD).The three new fiat currencies come in addition to the United States dollar, allowing Gemini users in Hong Kong, Australia, and Canada to buy and sell crypto with native currencies.However, HKD, AUD, and CAD are currently not offered through Gemini’s crypto

Bitcoin ‘Whale Clusters’ Show $14K as Pivotal for BTC Price Bull Run

David Puell, an on-chain analyst, laid out several key data points on Aug. 16 based on the past 4-year cycle of Bitcoin (BTC). Data show that the $14,000 level is a crucial price point for Bitcoin due to whale clusters.According to Puell, whale clusters show many large buyers bought in the $9,000 to $12,000 range. Whales that bought at $9,000 are seeing relatively high profits, and those that bought the top are at a breakeven point.The clusters could result in a volatile price action where buyers and sellers aggressively try