Ethereum Dominance Hits Yearly High: What’s Next for the Market?

Ethereum dominance hits a new high as whales accumulate ETH, signaling a capital rotation from Bitcoin. With ETH nearing $5,000, analysts forecast a broader market rally, including altcoins. The post Ethereum Dominance Hits Yearly High: What’s Next for the Market? appeared first on BeInCrypto.

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Ripple’s XRP, Cardano, And Algo Labeled As ‘Zombie’ Tokens — Bad Omen For Their Future?

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Cryptos Sliding Out of the Top Race, These Altcoins are Taking the Place of Top Cryptos

The stock market is flying. Today, Nasdaq Composite is on pace for another all-time high after setting a new peak yesterday, led by major tech shares such as Microsoft and Apple. While the S&P 500 is flatline and the Dow dropped 0.

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Crypto Market Cap Nears $270 Billion

The global crypto market cap is close to a yearly high and is seemingly nearing that big $300 billion line. A line it hasn’t properly crossed since 2017 and only...

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Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High

Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just $624 million. Consolidation precedes more consolidation. $BTC pic.

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Altcoin market analysis: SNX/USD has surged 120% over the past two weeks

SNX/USD hit a new all-time high on Thursday after a 23% jump on the...

The post Altcoin market analysis: SNX/USD has surged 120% over the past two weeks appeared first on Coin Journal.

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Tether Briefly Passes $10 Billion in Market Cap

The Tether (USDT) stablecoin briefly crossed $10 billion in market cap on June 30, continuing its trend of usage and growth in 2020. The token has been criticized by the cryptocurrency community for excessive minting, but the team has said that this has been in response to high demand.

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Ethereum Daily Active Addresses Hit Two-Year Single-Day High

The Ethereum blockchain has seen a two-year single-day high for daily active addresses at nearly 500,000. Generally, network statistics seem to indicate that the decentralized finance (DeFi) market, which has also grown popular in the same time frame, has contributed greatly to network growth.

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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […]

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Bitcoin Cash Sets All-Time Low Against BTC — and Analysts Are Still Bearish

Most cryptocurrencies, from Bitcoin to XRP, haven’t fared too well since the highs of the last bull market. Even BTC, which is arguably more bullish than ever fundamentally, is down by over 50% from its all-time high.

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How I-PRO will bring transparency in the property ecosystem

There’s no denying the fact that property is a very exciting business prospect worldwide now. At a time where the risks of the stock market do not end, property emerges as an investment option that provides high tangible value to the investors.

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Chainlink Hodlers, LINK Marines, Are Pushing the Price Up; Seeing Over 150% Gains in 2020

The 12th largest cryptocurrency by market cap is enjoying its very own market, as it continues to record gains notwithstanding what's going on with other cryptocurrencies. This week, LINK almost reached its all-time high of $4.

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Tezos, Binance Coin, Dash Price Analysis: 25 June

Bitcoin's price plunged on the charts yet again, with the same falling by over $500 in a span of 20 hours. Owing to the high correlation indices shared by the market's alts with the world's largest anThe post Tezos, Binance Coin, Dash Price Analysis: 25 June appeared first on AMBCrypto.

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Stellar Price Analysis - Technicals flip bullish

Stellar (XLM) is a payment protocol that aims to connect banks, payment systems, and people. The current spot price is down 93% from the all-time high of US$0. 72, set in January 2018. The market cap currently stands at US$1.

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Bitcoin Correlation With S&P 500 Nears All-Time High, How Could This Impact Crypto?

The correlation between Bitcoin and the S&P 500 has proven to be dangerous for the first-ever cryptocurrency. It even helped to drag down the asset during the Black Thursday collapse. The crypto asset’s new bull market on the horizon.

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Another Bubble in the Making? The Case of Flashy DeFi with Fancy Interest Rates

DeFi space has been seeing explosive growth for the past few weeks.  The total market cap of DeFi has reached $6. 2 billion, as per DeFiMarketCap. Also, the total amount locked in DeFi has hit a new all-time high at $1.

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What’s Behind High Ethereum DeFi Yields? A Top Investor Explains

Ethereum-based decentralized finance has seen quite the frenzy over the past few weeks. After taking a large hit due to March’s liquidation event, this segment of the cryptocurrency market has been back on the rise.

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High Heat In The Crypto Market As New Compound (COMP) Token Price Skyrockets Overnight

The crypto market is trying to catch the marathon move exhibited by one recently launched token named Compound (COMP). COMP is a DeFi (Decentralized Finance) token with a total supply of 10 million tokens.

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Bitcoin Rallied Thousands of Percent When This Signal Appeared in 2015. It’s Back Again

Since Bitcoin collapsed from its all-time high in 2018, investors have been wondering the cryptocurrency market will enter its next bull market. A crucial on-chain indicator that predicted the start of a number of historical BTC bull trends predicts that the next one is imminent.

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Bitcoin Realized Cap Hits New All-Time High — What This Means For BTC Price

Bitcoin has just recorded the highest realized cap since the March 12 market crash. This is according to on-chain data from the data analysis platform Glassnode. The current realized cap stands at $106.

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Chief Investment Officer Calls For Violent Stock Market Reckoning, How Will Bitcoin Respond?

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does […]

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Cardano, IOTA, BAT Price Analysis: 18 June

Owing to a cryptocurrency like Bitcoin having over 60% market share, its price-performance often has had a significant impact on the fortunes of other altcoins in the market. The high correlation indiThe post Cardano, IOTA, BAT Price Analysis: 18 June appeared first on AMBCrypto.

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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index

Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […]

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Over 900 Days Since Bitcoin All-Time High, Data Shows Another Year Before New Record

On December 17, 2017, Bitcoin price set a record for its all-time high, touching just under $20,000 before a reversal into a bear market took place. Since then, over 900 days have passed and with each new day, Bitcoin inches closer to setting a new record.

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Decred Price Analysis - Technicals flip neutral as active address hold at all-time highs

Decred (DCR) launched in 2016 and was originally a fork of the Bitcoin codebase. The cryptocurrency is down 87% from the record high of US$118, established in early May 2018. The market cap currently stands at US$167 million with US$1.65 million traded over the past 24 hours.

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Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K

Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours later, however, the cryptocurrency rebounded to as high as $9,500 after the Fed announced it will begin purchasing individual corporate debt. […]

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Ethereum Price Analysis - On-chain activity hits a two-year high

Ethereum (ETH) is a distributed ledger and decentralized computing platform with smart contract capabilities. The crypto asset is currently second on the BraveNewCoin market cap table, with a market cap of US$25.

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Michael Novogratz Counters Analyst Who Said Bitcoin’s $20K All-Time High Was Fake

Galaxy Digital CEO and Founder Michael Novogratz has registered his disagreement with the opinion that the 2017 Bitcoin price all-time high was fake. He mentioned in a tweet that the market was a bubble with a lot of liquidity to buy or sell into and the sell-off that later led to the price crash was […]

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Was Bitcoin’s Decline Caused By The Stock Market Dump?

On June 11, the S&P 500 price declined by 5. 8%. This was the largest percentage decline since March 16 and could have been the beginning of a longer-term downward trend. S&P 500 Tumbles On June 11, the price of the S&P 500 index fell considerably from a high of 3190 to a low of 2998.

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Bitcoin Tries to Recover $1,000 Crash, But BTC Faces Strong Resistance Ahead

Bitcoin is back in the spotlight of the cryptocurrency market after taking a nearly 10% dum. The sudden bearish impulse saw the asset’s price drop from a high of $9,970 to a low of $9,050. Alongside the price slump, over $80 million worth of long and short BTC positions were liquidated on BitMEX alone. From […]

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Top 5 Tech Companies Lost $270 billion During Thursday’s Market Confusion

Coinspeaker Top 5 Tech Companies Lost $270 billion During Thursday’s Market ConfusionWith market uncertainty rising yesterday, the top 5 tech companies saw their shares falling. Amid a worrisome surge in new coronavirus cases and a high unemployment rate, the stock market experienced an increase in volatility.

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Asset Manager Timothy Peterson Highlights Reason Why Bitcoin’s $20k All-Time High Price “is Fake”

Asset manager Timothy Peterson has asserted that the 2017 Bitcoin bull market was fake. He said this in a tweet, stressing that 2013, and 2019 bull markets, just like that of 2017 were both due to manipulation and not organic bull markets as many tend to believe.

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Fund Manager: Crypto Could Soon Rally 4,000% to a $10 Trillion Market Cap

Bitcoin and other top crypto assets are trading far from their all-time highs. According to data from TradingView, BTC is trading more than 50% below its all-time high, while Ethereum is down nearly 85%.

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Bitcoin Will Hit $150,000 & 5 Altcoins Will Rally in Next Bull Run: Predicts BlockFyre Founder

The world’s leading digital currency is currently trading around $9,700, still down 51% from its all-time high of $20,000. But according to Simon Dedic, co-founder of Blockfyre, a crypto market research firm, bitcoin will rally 1,445% in the next bull run.

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Maker balance in exchanges hit ATH

MKR is yet to recover after having suffered significant "Black Thursday" losses as the market fell to new lows. At press time, the token was down by more than 22% since its 2020 high of $708. As peThe post Maker balance in exchanges hit ATH appeared first on AMBCrypto.

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Crypto Market Is Securing the Technical Level That Marked Bitcoin’s 2019 High

Last week, Bitcoin and the rest of the crypto market saw a harsh rejection at critical resistance levels. Within minutes, almost all digital assets plunged by 5%, shedding the gains they had seen the day earlier.

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Nasdaq Hits New Record High as U.S. Market Starts to Show Signs of Recovery

Coinspeaker Nasdaq Hits New Record High as U. S. Market Starts to Show Signs of RecoveryThe U. S. markets seem to be recovering these days. The Nasdaq Composite managed to reach a new record high today.

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The Free Market Will Determine Cardano’s Fate: IOHK’s Charles Hoskinson

A high token price gives a project crucial staying power, Hoskinson tells CoinDesk.

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Fund Manager Thinks Bitcoin Is Primed to Rip Higher, Even After $1,000 Move

It’s been an explosive past 24 hours for the Bitcoin market. The leading cryptocurrency traded as high as $10,429 on Monday, surging higher as dozens of millions worth of short positions were liquidated on BitMEX.

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Tezos, BAT, Dash Price Analysis: 02 June

Bitcoin's recent surge over $10,000 has been heaven-sent for many of the market's altcoins, owing to their high correlations ratios with the world's largest cryptocurrency. This was particularly true The post Tezos, BAT, Dash Price Analysis: 02 June appeared first on AMBCrypto.

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Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values

The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.

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High Bitcoin outflows might be boon for Prime Brokerage

It has not been an ideal period for Bitcoin exchanges over the past few months. Ever since the market suffered a major collapse in March of 2020, the number of Bitcoin on exchanges has continued toThe post High Bitcoin outflows might be boon for Prime Brokerage appeared first on AMBCrypto.

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Analyst: Bitcoin Market Structure Looks Very Similar to $10,500 February High

Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of shorts in the process.

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XRP, EOS, Algorand: Price Analysis

Bitcoin's high correlation with most of the market's altcoins would ordinarily suggest that the rest of the market will follow Bitcoin's lead, at least in terms of price performance. However, that is The post XRP, EOS, Algorand: Price Analysis appeared first on AMBCrypto.

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Cardano (ADA) Emerging as a ‘Hot Altcoin’ with Shelley Mainnet Launch Set for June 30

At the beginning of this week, ADA was trading at $0.051 and today it spiked 31% to $0.067. At the time of writing, the 11th largest cryptocurrency by market cap has been trading at $0.0638. While this digital asset is up 93% YTD, it is still down 95% from its all-time high. Despite these gains […]

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Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9,500

Bitcoin is riding high as short sellers in the crypto derivatives market get squeezed out, triggering automatic buy orders.

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Chainlink, Zcash tumble as BAT moves sideways

High correlation indices between Bitcoin, the world's largest cryptocurrency, and other coins in the market can be both a boon and a bane. While it bodes well for the alts when Bitcoin climbs, it isn'The post Chainlink, Zcash tumble as BAT moves sideways appeared first on AMBCrypto.

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This One Cryptocurrency is in Beast Mode; MainNet 2.0 Launching In 4 Hours

The hottest cryptocurrency in the market today is the Theta Token (THETA) for several reasons. In the past five days, the price of THETA surged by more than 100% to hit an all-time high of $0. 555 today.

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Ethereum-based Transactions for Tether Reach a new High

You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance. Sadly, that is not the case, but ether’s USDT is still firing on all cylinders across the board.

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50% of Bitcoin Active Supply Has Not Moved in 1 Year

Bitcoin (BTC) HODLing continues to increase with more ‘coin’ owners seemingly subscribing to the safe-haven asset narrative for the largest cryptocurrency by market capitalization. Tweeting on Monday, Benjamin Celermajer, index manager at crypto analytics firm Coin Metrics, revealed that Bitcoin’s one-year HODL Factor is at an all-time high of above 50%.

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