Tag: cryptocurrency analysis

Apr 12 2021

Top 3 Coins to Watch – Week 15

As we move into Q2, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

Apr 09 2021

Bitcoin and Ethereum Exhibits Resilience As Bulls Mount Pressure to Break Key Resistance Levels

The global cryptocurrency market is seeing a general uptrend, coming in as a healthy bullish resurgence following a downcast rally seen across the board yesterday. Bitcoin (BTC) and by effect Ethereum (ETH) is particularly energized as Chinese tech firm Meitu Inc doubled up on its accumulation strategy. The firm scooped up an additional 175.6 Bitcoins for $10 million bringing its total holdings to...

Apr 06 2021

Top 3 Coins to Watch – Week 14

With the first quarter of 2021 already behind us we are now already looking forward towards what Q2 2021 will bring. In Q1 2021 cryptocurrencies became a trillion-dollar asset class for the first time, as the total market capitalization of the sector climbed from $777 billion to $1.87 trillion. Will the bull market continue or is a market correction behind the corner? Will...

Mar 30 2021

Top 3 Coins to Watch (Week 13)

Which cryptocurrency will be the best performer in the recovering crypto market? Will it be the governance token of an established DeFi protocol, a privacy-focused coin implementing DeFi features, or some other asset that we have not included in our this week’s selection of the top 3 coins to watch? Time shall tell, but we think the three assets that you are about...

Mar 25 2021

Bitcoin Breaks Key Resistance As Ethereum Market Reaction Balance Out

Bitcoin (BTC) and Ethereum (ETH) are both paring off losses from the frightening dips experienced yesterday, as the market received a new rejuvenation. Bitcoin that traded as low as $53,827 in the past 24 hours is now up by 4.4% to $56770 per data adapted from CEX.IO. Ethereum’s surge though notable has lagged behind that of BTC, showing a much limited upward volatility....

Mar 23 2021

Top 3 Coins to Watch – Week 12

Decentralized finance (DeFi) protocols and non-fungible tokens (NFTs) are the hottest categories on the cryptocurrency markets right now. While DeFi has already had its first hype-driven boom during the summer of 2020, the NFT markets have only recently started to see exponential growth. From crypto art and in-game collectable items to digital identity solutions – the NFT’s use cases seem almost unlimited. While...

Mar 18 2021

Bitcoin and Ethereum on the Bounce As Morgan Stanley Brings Bitcoin Investments to Clients

The Bitcoin (BTC) and Ethereum (ETH) markets are on the side of the bulls today as both digital currencies received liberation from the market bears. A soothing succor is returning to the market following days of constant dips from the world’s two largest cryptocurrencies by market capitalization.

Mar 17 2021

Top 3 Coins to Watch – Week 11

Another week, another ATH price for Bitcoin as the world’s largest cryptocurrency set its new top price over the weekend by changing hands for as much as $61.662 per coin on March 13. Bitcoin’s price has since faced a readjustment of around 10%. While another BTC breakout in the near future seems likely, our this week’s selection of top coins to watch focuses...

Mar 10 2021

Bitcoin and Ethereum Price Analysis: Long-Term Growth Targets Enmeshed in Short Term Reversals

The capitalization of the global cryptocurrency market is down by almost 0.7% in what appears as a gradual shed-off of the massive gains recorded in the past 24 hours and since the beginning of the week.

Top 3 Coins to Watch – Week 10

The cryptocurrency market appears to be turning bullish again with Bitcoin retesting the highs of around $54,000. Nevertheless, this week’s selection focuses on coins that are not among top 10 cryptocurrencies by market cap. These three cryptocurrencies all have slightly different use cases, but there is one they all do have at least one thing in common. All three projects could drastically benefit...

Mar 06 2021

The Top 3 Altcoins to Invest in on Bityard in 2021

We haven’t even completed the first quarter of 2021 yet and a number of crypto projects are already making significant headway in upgrading their networks. The upgrades could strengthen the projects’ positions in the market, and are sure to get the community talking about these projects.

Mar 05 2021

Hurdles To Cross To Reclaim Past All Time Highs

There is a general downtrend in the market today, with few of the top ten cryptocurrencies by market cap breaking free from the correlation with Bitcoin (BTC). Bitcoin is down by 4.86% to $47,282.4 according to data pulled from CEX.IO price feeds. Ethereum (ETH) is in perfect correlation with the premier digital currency, dropping by 4.99% to $1,480.35 per coin.

Mar 04 2021

Bittrex Global Lists TheFutbolCoin (TFC)

Valduz, Liechtenstein, 4th March, 2021, // ChainWire // TheFutbolCoin (TFC) token aims to provide a means of financial support for disparate organizations within the football ecosystem 23rd February 2021, Vaduz,...

Mar 03 2021

Top 3 Coins to Watch – Week 9

Are you finding it hard to swim in the treacherous waters of the everchanging cryptocurrency markets? One week the crypto asset prices rise faster than the tide only to suddenly drop in a market correction the week after. However, corrections like this are completely normal in the cryptocurrency world. Although it might be hard to watch your coins devalue you have to endure...

KuCoin Expands in the Derivative Market by Launching Leveraged Tokens

Victoria, Seychelles, 3rd March, 2021, // ChainWire // KuCoin, an IDG-backed crypto exchange, announced that its leveraged tokens have been made available for beta test. The first batch of leveraged...

Feb 26 2021

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

Singapore, Singapore, 26th February, 2021, // ChainWire // Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming Unifi Protocol announces the launch of Unifi Farms. The most revolutionary...

25th February: BTC/USD Keeps Going Sideways, ETH/USD Drops Below 1,550

BTC/USD opened the trading session of 25th February at 49,676, and it closed above 50,500 in the first hour. Later on, until 09:00 UTC, BTC/USD was going sideways, keeping for the most time between the level of the session open and 50,500. BTC/USD took a slight dive to 49,000 between 09:00 and 10:00 UTC, with the hour’s lowest point being at 48,700 as...

Feb 22 2021

Price Analysis: Top 3 Coins to Watch Week 8- DOT, CAKE, & BTC

Today, Bitcoin took a steep plummet as it dropped by around 19% to reach as low as $46,735. The coin has since recovered pretty quickly and is now trading back above $52,000.

Top 3 Coins to Watch – Week 8

The cryptocurrency market has experienced a very rapid growth in the 2021 and while the growth stalls a bit occasionally, there is no trend reversal in sight just yet. This week’s selection consists of three cryptocurrencies that are hopefully going to continue push the total crypto market capitalization further up. Two out of three cryptocurrencies featured in this week’s top three coins to...

Feb 18 2021

17th February: BTC/USD Takes 50,000, ETH/USD Adds Bullish Momentum

BTC/USD started the trading session of 17th February at 49,174. An attempt to test the intraday resistance level was taken between 01:00 and 02:00 UTC. But the selling pressure curbed the bullish swing and sent the price down in the next two hours close to 49,000.

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