Bitcoin, Cardano, Polkadot gain massive inflows
Bitcoin, Cardano and Polkadot have had massive institutional money inflows as top cryptocurrencies. The three managed to outperform all the rest in the third consecutive bullish weeks of October. This is all happening in a time when a vast majority of cryptocurrencies are approaching their ATH. You can learn more about ADA and Polkadot from […]
BNB Price Analysis and Predictions; October 18, 2021
BNB Price failed to surpass the $480 to $485 range in the past few days and at some point reached $425. Yesterday, it was ranging in the $455 to $475 zone. However, by finding support at $455, BNB started a new uptrend and managed to go above the SMA100 at $470. It failed to surpass […]
Coinbase Officially Adds New Altcoins but not XRP
Coinbase has added two Ethereum-based altcoins across all platforms. Badger DAO (BADGER) and Rarible (RARI) are now available to Coinbase investors. The two added altcoins are both legitimate and solid projects with good reputations. However, many people are criticizing them for their strange selection process. Many strong altcoins with a diverse user base such as […]
DOGE Price Analysis and Predictions; October 17, 2021
DOGE price has been in an upward channel in the past few days. On Friday, by touching the bottom managed to bounce back and reach as high as $0.2450. At that point, it had to back down and today dipped below the middle of the channel at dipped to $0.2330. In this zone, the SMA100 […]
What is Polkadot?
Polkadot is a unique blockchain network that allows the users to create their own blockchains. Essentially, it is trying to create a network of blockchains that are connected and interoperable. The goal is to create interoperability among blockchain networks. The network utilizes proof of stake algorithm and has been very successful. If you are looking […]
Bitcoin Closing in to Surpass ATH
Bitcoin has been making a scene this week as it is closing in on the $64,480 ATH. As of October 16, BTC is at $61,833 after three consecutive green weeks. Many analysts are optimistic about a possible alt season as altcoins are finally catching up to the hype this time. Here is current state of […]
Tales from the Chain; Chapter V: Bitcoin Maximalist
He wakes up every day and chooses winning. The guy mixes his protein powder with Red Bull. He has a picture of John McAfee above his bed. Ah yes, welcome, to the tale of the Bitcoin Maximalist. Who is Bitcoin Maximalist? The Bitcoin Maximalist hates his fiat money. Rightfully so, he believes in the vision […]
ADA Price Analysis and Predictions; October 14, 2021
ADA Price came down to $2.07 on Tuesday. At that level, it found support and bounced back upward. Once again, by reaching $2.15 the uptrend had to halt and back down to $2.07 yesterday. As expected, ADA had another support at this level and formed a double bottom pattern for another bull run. ADA price […]
Bitcoin Price Analysis and Predictions; October 13, 2021
Following a bearish day for Bitcoin price, it dipped to $53,900 yesterday. In case of losing the support level of the triangle pattern at $54,500, there will be further decline in short-term. Here is a summary of Bitcoin price in the past 24 hours: BTC lost the $57,000, $56,500 and $55,500 support levels Currently, the […]
What is ZCash?
ZCash is a cryptocurrency with great emphasis on anonymity. The decentralized blockchain network is similar to Bitcoin in many regards. Utilizing the Proof of Work consensus algorithm, as an open source network, ZCash has no access restriction based on demographic. However, unlike Bitcoin, all transactions are shielded in order to achieve maximum privacy and freedom. […]
What is Solana?
Solana has been a rising main character amongst cryptocurrencies lately. Currently ranked as the 6TH coin by market cap, it quickly managed to rise in the ranks. The swift growth also means that the people onboard the Solana train saw massive profits too. Jumping from $1.50 in January 2021 to $142 as of now October […]
Bitcoin Network Reaches ATH Settlement Volume
Following a rough summer for the Bitcoin network, it seems that the recovery has been quick. Subsequently, the settled value on the network has been increasing like never before. Last week, in only a single day, the Bitcoin network had more than 30 billion settled on it. The blockchain network was deeply affected by the […]