Tag: cryptocurrency analysis

Oct 26 2021

Top 3 Coins to Watch – Week 43

The cryptocurrency market is booming as the prices of several top coins and tokens are still on the rise. The overall good market sentiment can partly be attributed to the fact that the first Bitcoin-linked exchange traded fund commenced trading on New York Stock Exchange on Tuesday, October 19. A day after that, Bitcoin, the first and largest crypto by market capitalization, set...

Oct 18 2021

Top 3 Coins to Watch – Week 42

After another week of green numbers, the cryptocurrency market has climbed to a total valuation of $2.52 trillion. Most of the total market capitalization increase can be attributed to appreciation of the 3 largest cryptocurrencies - BTC, ETH and BNB, which gained 7%, 5% and 10% respectively last week. Bitcoin, which climbed as high as $62,500 during Week 41 is again in the...

Oct 11 2021

Top 3 Coins to Watch – Week 41

Last week Bitcoin broke the $55,000 resistance level and now seems to be headed to reclaim the $60,000 valuation. Along the way, Bitcoin’s total market capitalization also surpassed $1 trillion. Ethereum and many other altcoins largely followed the bullish trend, carrying the total market capitalization of the crypto sector above $2.3 trillion. Although we believe BTC and ETH are almost always a safe...

Oct 05 2021

Top 3 Coins to Watch – Week 40

Last week was marked by the China FUD - the fear, uncertainty and doubt that spread among crypto investors following the further crackdown on cryptocurrency transactions and trading by China’s central bank. While the total cryptocurrency market capitalization dropped by almost 5% to reach a low of $1.82 trillion in the day following the release of the news, cryptocurrencies and the blockchain technology...

Sep 27 2021

Top 3 Coins to Watch – Week 39

Week 38 was the last full week of Q3 2021, so it is time to take a quick look back on how the cryptocurrency market has performed this quarter. The total market capitalization at the beginning of the quarter was $1.4 trillion and it climbed up to above $1.9 trillion at the end of Week 38, which represents an almost 37% increase. While...

Sep 21 2021

Top 3 Coins to Watch – Week 38

The total cryptocurrency market capitalization has again dropped by a few $100Bs and the crypto markets ended Week 37 with a total valuation of $2.15 trillion. Furthermore, as we approach the end of Q3 2021 the total crypto market valuation keeps on falling and it reached $1.95 trillion on September 20, the lowest total market capitalization in over a month. Nevertheless, there are...

Sep 13 2021

Top 3 Coins to Watch – Week 37

Following the prolonged bullish trend that started in mid-July, which saw the total cryptocurrency market capitalization rapidly climb towards the previous peak valuation of $2.55 trillion reached in May 2021, last Tuesday’s flash crash left a considerable dent and put a halt on the upwards momentum. On the tailwind of the historical news of El Salvador being the first nation to officially adopt...

Sep 06 2021

Top 3 Coins to Watch – Week 36

The total cryptocurrency market capitalization is slowly climbing towards $2.4 trillion as we progress towards the end of Q3 2021. Week 35 has been all about smart contract blockchains since Ethereum (ETH), Solana (SOL), Polkadot (DOT) and even oracle provider ChainLink (LINK) all posted weekly gains of over 20%. Even though Bitcoin did climb up a few percent as well and is approaching...

Aug 30 2021

Top 3 Coins to Watch – Week 35

Although the cryptocurrency market ended week 34 with roughly the same total market capitalization as it has started it several altcoins managed to post gains significantly above the sector’s average. Projects that posted high gains within past 7 days include Solana (SOL), Tezos (XTZ), Terra (LUNA), and Bitcoin Cash ABC (BCHA). Bitcoin and ETH, on the other hand, both lost a few percent....

Aug 23 2021

Top 3 Coins to Watch – Week 34

Last week we reported that the total cryptocurrency market capitalization is finally back above $2 trillion, but at the end of Week 33 the total valuation of all cryptocurrencies in circulation combined already exceeded $2.1 trillion. Nevertheless, for the second week in a row, market leaders Bitcoin and Ethereum were pushed in the background of attention while altcoins like AVAX, ADA, LUNA, DOT,...

Aug 16 2021

Top 3 Coins to Watch – Week 33

We made it! Or should we say: the cryptocurrency markets have made it. We are talking about reclaiming the total market valuation of $2 trillion, which happened on August 13, of course. Even though the total market valuation of the sector dipped below $2 trillion a few times throughout Week 32, the markets have always recovered, and the positive sentiment appears capable of...

Aug 09 2021

Top 3 Coins to Watch – Week 32

The cryptocurrency market ended Week 31 with a total market capitalization of $1.80 trillion and the sector is now eying to reclaim the $2 trillion valuation. Bitcoin, the world’s largest cryptocurrency is up by more than 15% in the last 7 days and is trading above $45,000 for the first time after May 18. Ether on the other hand is successfully riding the...

Aug 03 2021

Top 3 Coins to Watch – Week 31

With the cryptocurrency markets making quite a noticeable recovery in Week 30 we are already looking forward to the potential gains of Week 31. Throughout Week 30 the total cryptocurrency market capitalization rose from $1.44 trillion to $1.65 trillion, which is one of the highest weekly relative increases in a while. In addition, Bitcoin rose back above $40,000 and kept trading above that...

Jul 26 2021

Top 3 Coins to Watch – Week 30

The cryptocurrency market has ended the Week 29 with a total market capitalization of $1.44 trillion, which is around $140 billion more than at the end of the week. In addition, the cryptocurrency market saw quite a significant recovery during the first few hours (CEST) of Week 30 with most of the coins jumping up by 10% or more. At the time of...

Jul 19 2021

Top 3 Coins to Watch – Week 29

The cryptocurrency markets have again ended another week in the red resulting in another $100 million decrease of the total cryptocurrency market capitalization - the market cap dropped from $1.4 trillion to $1.3 trillion throughout Week 28. Very rare were the coins to end the week with a gain. Nevertheless, some coins and tokens are more likely to recover than the others. You...

Jul 12 2021

Top 3 Coins to Watch – Week 28

Comparing the total cryptocurrency market valuation of $1.42 trillion at the end of Week 27 to the one at the start of the week ($1.5 trillion) shows that there were on average no bigger moves throughout the week. Bitcoin, the barometer of the cryptocurrency space behaved in a similar manner, ending the week at an almost the same valuation as it has started...

Jul 05 2021

Top 3 Coins to Watch – Week 27

We saw some slight signs of recovery on the cryptocurrency markets during the first few days of Q3 2021 as total market capitalisation of the sector rose back to $1.5 trillion. After several weeks of red numbers, the majority of top 100 cryptos finally ended the week in the green again. But what is next? Which cryptocurrencies are poised to continue following the...

Jun 27 2021

Top 3 Coins to Watch – Week 26

Just when we thought the crypto markets cannot plunge lower, we got hit by the last full week of Q2 2021, which was characterized by the total market valuation low of $1.27 trillion and Bitcoin dipping below $30,000 for the first time since January 27. Without a doubt, this is the period of the bears. But even when bears are ravaging almost every...

Jun 21 2021

Top 3 Coins to Watch – Week 25

If you thought that the total valuation of the cryptocurrency markets cannot plunge lower, you were mistaken, as another week characterized by red numbers is behind us. All the top 10 cryptocurrencies excluding stablecoins, have lost value towards USD throughout the past week, which pushed the total market capitalization at the end of week 24 down to as low as $1.45 trillion. Hope...

Jun 14 2021

Top 3 Coins to Watch – Week 24

Another week filled with red numbers has brought the total cryptocurrency market capitalization back down to $1.50 trillion, before it climbed back up to $1.62 trillion in the last few Sunday hours. While Bitcoin ended week 23 with an 8% gain over last 7 days, quite a few altcoins from the top 50 cryptocurrencies posted 10% or even greater loses. As a natural...

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