In its latest report, Binance Research addressed the market performance of Bitcoin, Binance Coin, and other large-cap crypto-assets, while also expanding on the correlation between these assets over 2019. According to the Malta-based exchange’s research team, only four of the ten largest cryptocurrencies partially sustained their substantial price gains from the first half of theContinue reading “Binance Coin was 2019’s best performer; outperformed Bitcoin, Litecoin”

According to a recent post by Litecoin.com, the Litecoin Network has facilitated the transfer of over $100 billion in 2019 and was able to sustain its usage over the year, despite the wider crypto-market performing poorly in the second half of the year. While 2019’s figures are lower than the ones recorded in 2018, theContinue reading “Litecoin network facilitated transactions worth $100B in 2019”

Arcane Crypto’s research division, Arcane Research, recently published the 50th issue of its weekly update report this year. Among a host of topics, the report touched upon Bitcoin blockchain activity and the changes to its price valuation over the last seven days. At press time, Bitcoin was priced at $7233 with a market cap ofContinue reading “Bitfinex’s Lightning node growing faster than any other: Report”

Towards the end of November, XRP touched the $0.19 mark, a value the cryptocurrency last touched in December 2017. With a valuation of $0.21 at the time of writing, XRP had a market capitalization of over $9.35 billion and a 24-hour daily trading volume of $1.35 billion, according to CoinMarketCap. It was traded most onContinue reading “XRP could break down from wedge to $0.11 before 2020”

Over the last two months, Cardano has regularly been testing the $0.035 support, a figure that was last tested in March, prior to the drop in ADA value near the end of September. Valued at around $0.037, at press time, Cardano had a market capitalization of over $980 million and a daily trading volume ofContinue reading “Cardano might breach wedge, fall to $0.30 by mid-December”

Less than a week ago, ETH tested a support line for the first time since December 2018. It has since recovered slightly, valued at around $153 at the time of writing. According to CoinMarketCap, the flagship Ethereum coin had a market capitalization of over $16.6 billion and more than $7 billion worth of ETH wasContinue reading “Ethereum could drop down from rising wedge to $146 next week”

Bitcoin dipping down to $6500 had the whole cryptocurrency community in tears, with much of the market brimming with negative sentiment. And while the world’s largest crypto did climb over $7500, it wasn’t there for long. Valued at $7475 at the time of writing, Bitcoin maintained its dominance with a market capitalization of nearly $137Continue reading “Bitcoin might bounce within wedge and drop to $6500”

Cardano had been making steady progress since its 38% drop in value a couple of months ago. However, its failure to breach the $0.046 resistance saw ADA fall to a perilous $0.035, less than a week ago. It has since risen to around $0.039 at press time, with a market capitalization of around $1 billionContinue reading “Cardano likely to retest $0.046 resistance in wedge pattern”

With the cryptocurrency space experiencing an overall downtrend in price, Litecoin has come close to a price last seen back in February 2019. With a value of nearly $47 at the time of writing, LTC had a market capitalization of over $3 billion and a daily trading volume of almost $2.7 billion, according to CoinMarketCap.Continue reading “Litecoin could continue down channel to hit $34 by Christmas”

December 2018 saw a yearly low for Litecoin. Eleven months later, the coin is almost twice this value. However, there’s still a month left to see if history will repeat itself, and recent price movements seem to be in favor of this. With a value of around $46 at the time of writing, Litecoin hadContinue reading “Litecoin likely to push down to $42 within a week”

Fear flooded the cryptocurrency community this week after the value of most cryptocurrencies dropped dramatically. At the time of writing, XRP, after a brief period of uptrends, had made its way back to the low values of $0.23, last seen in September. With a market capitalization of just over $10.1 billion and a daily volumeContinue reading “XRP could breakout from pennant to a drop to yearly low”

Most cryptocurrencies recorded a sudden drop in price on 21 November, with Bitcoin, the world’s largest cryptocurrency by market cap, dropping by almost 1.5% in under an hour. Litecoin, valued at just over $52 at the time of writing, seemed to be following the king coin’s footsteps, with the coin repeatedly testing its supports. LitecoinContinue reading “Litecoin’s price could sink below broadening formation to touch $46”