Alternative cryptocurrencies shone bright this week, as the wider cryptocurrency market saw continued resurgence. The total market capitalization of all cryptocurrencies rose 25 percent week-on-week to $375 billion, according to CoinMarketCap – that’s up from below $250 billion just 10 days ago. But bitcoin, with 5.4 percent appreciation over the last seven days, ranks only third […]

Bitcoin

Bitcoin (BTC) remains in bullish territory today, but a major break above the long-term descending trendline has been elusive. That failure on the part of the bulls means the cryptocurrency needs a major move above $8,300 soon to lessen the risks of another sell-off. The trendline resistance is around $8,285 currently. However, soon before press […]

Bitcoin

The privacy-focused cryptocurrencies are reporting solid gains today, soon after Pornhub announced it will now accept payments in verge’s XVG token. Monero (XMR), the world’s 11th largest cryptocurrency by market capitalization, clocked a four-week high of $232 earlier today and is changing hands at $227 – up 14 percent in the last 24 hours, according […]

Markets

Verge’s XVG token is witnessing a classic “sell the news” trade. The privacy-focused token ran into offers after the news hit the wires at 10:00 EST that PornHub, the biggest website in the porn industry, would accept XVG as a mode of payment, officially putting an end to rumors of a breakthrough partnership that have been […]

Markets

The crypto market is finally showing signs of life after a painful first quarter. The total value of all cryptocurrencies, also known as total market capitalization, jumped above $300 billion on Thursday and was last seen at $325 billion, the highest level since March 26, according to CoinMarketCap. Also, the total market capitalization has jumped 31 […]

Cryptocurrencies

Bitcoin (BTC) clocked a 2.5-week high of $8,225 on Bitfinex earlier today and could soon scale the $8,500 mark, the technical charts indicate. Prices jumped close to 14 percent on Thursday and moved above the $8,000 mark for the first time since March, according to Bitfinex. The sharp rally was reportedly fueled by the unwinding […]

Bitcoin

The second quarter of 2018 may bring some respite for the beleaguered bitcoin (BTC) bulls. The world’s largest cryptocurrency by market valuation seems to have found a bottom around the $6,500 mark, having dropped 50 percent in the first quarter – notably, the worst Q1 performance on record and the second worst ever. Soon before […]

Bitcoin

Bitcoin (BTC) risks falling to $6,000 in the next 24 hours, but there is limited room for a drop below that level, the technical studies indicate. BTC’s retreat from the weekly high of $7,509 to $6,600 not only marks a failure on the bulls’ part to hold prices above the key resistance of $7,240 (March […]

Bitcoin

Ethereum’s ether (ETH) token fell 47.5 percent in the first three months of 2018 – its worst quarterly drop on record. While the notable slump came amid a general downturn afflicting the cryptocurrency markets, it was also exacerbated by problems more unique, perhaps, to ethereum. However, although the decline appears major at first glance, it […]

Ethereum