Category: Altcoin News

Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

The overall cryptocurrency market is up 8% as of writing this story with Bitcoin (BTC) shooting 12% taking its overall market dominance above 45%. The Bitcoin price has shot up post-Elon Musk stating that Tesla will once again accept Bitcoin (BTC) payments once 50% of BTC mining turns on renewables. Late Sunday evening, June 13, […]

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Dogecoin, Uniswap Price Analysis: 14 June

Bitcoin has been able to sustain the uptrend from lows around $31,000 last week. The bellwether cryptocurrency had pulled the entire market into a dip, but the recovery toward the end of last week saw altcoins gasping for air. It is believed that the massive buy orders could be triggered in the cryptocurrency market as […]

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Crypto Market Cap Falls Below $1.5 Trillion on a Red Weekend

The cryptocurrency market cap fell below $1.5 trillion on a red weekend. More than $100 billion was wiped off the marker as it retraced by 5%. Bitcoin and other altcoins registered a 5%-10% decline as major market indicators flashed bearish signals. Source: coin360 Bitcoin price is currently trading at $35,668 falling from a daily high […]

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Top Market Indicators Suggest Crypto Market is in ‘Cool-Off Phase

The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent since last month when the crypto market experienced its largest correction this year. Analysts suggest the market is slowing down and in a cool-off phase […]

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Ethereum price steady rise in jeopardy as more declines linger under $2,000

Ethereum has a complex time building on the support at $2,400 for gains above $3,000. In the last few days, the confluence resistance created by the 50 Simple Moving Average (SMA) and the 100 SMA has barred bulls from extending the price action higher. The downward force becomes apparent by the day with the immediate […]

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Coinbase to Offer Crypto Investing Option for 401(k) Pension Plan

Coinbase, one of the largest crypto exchanges has entered into a partnership with 401(k) pension plan provider ForUsAll Inc to allow plan holders to invest in cryptocurrencies. The partnership would let 401(k) pension plan holders invest upto 5% of their balance in crypto assets. There is little to zero crypto exposure in 401(k) pension plans […]

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Just-In: Fidelity Rival Interactive Brokers to Offer Crypto Trading Amid Growing Demand

Interactive Brokers, an American multinational brokerage firm today announced they would start offering crypto trading to their clients amid growing demand reported CNBC. CME Bitcoin futures uses the underlying ticket symbol BRR starting in December 2017. Although rival brokerage firms such as Fidelity do offer bitcoin exposure to their clients but not direct ones and […]

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Ethereum Rival Solana Raises $314 Million in Private Token Sale

Solana Labs raised $314 million in a private token sale, making it the fourth-highest fundraising in the crypto ecosystem. The private funding round was led by Andreessen Horowitz and Polychain Capital, with participation from Alameda Research, Blockchange Ventures, and CMS Holdings. Anatoly Yakovenko, CEO of Solana said, “That’s the whole purpose of the space: it’s […]

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Ethereum (ETH) Price Can Correct Further As Per Exchange Inflow and Social Sentiment Data

Following the market-wide correction on Tuesday, June 8, the Ethereum (ETH) price came crashing down under $2500 and has been consolidating for a while. At press time, ETH is trading at a price of $2458 with a market cap of $282 billion. Let’s take a look at some of the indicators that suggest the bearish […]

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BNB Price Prediction: Binance Coin recovery hits more barriers as numerous sell signals emerge

Binance Coin suffered rejection before hitting $440 last week. The bearish price action superseded a recovery move from the crash to $210 in May. As sellers regained, the bulls’ focus shifted to securing higher support, perhaps at $400 and $380. However, declines soared, with Binance Coin plunging below the 100 Simple Moving Average (SMA) and […]

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