A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market. A golden cross pattern on the charts excites crypto traders for its promises of profitable opportunities ahead, largely due to its impressive success rate in traditional markets. The golden cross tends […]
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Tag: Cryptocurrency
Why Crypto Market Could See 65% Drop, Expert Says
The crypto market has extended its losses over the past week, as it continues to gain downside momentum. Main cryptocurrencies in the top 10 by market cap are trading in the red with very few preserving some of their gains from last week. At the time of writing, the crypto total market cap stands at […]
EOS Price Jumps 20% for Biggest Gain in 15 Months
EOS attempts to become a fully decentralized network following a key hard fork in September. EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021. Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC) […]
After Terra’s Fall to Earth, Get Ready for the Stablecoin Era
Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies? Stablecoins were supposed to be the boring uncle of the crypto world — safe, sensible and dull. They’re probably not what Satoshi Nakamoto had in mind, but they’re supposed to be a reassuring haven of calm and utility away from […]
Top 5 Cryptocurrencies to Watch this Week: BTC, UNI, XLM, THETA, HNT
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT, the Cointelegraph writes. The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite, which gained 7.5%. The S&P was up about 6.5% for the week, while the Dow […]
Cryptos and Stocks Dip Ahead of Seasonally Strong May
BTC is lagging equities and gold so far this year, although returns are typically positive in May, the CoinDesk reported on April, 29. Bitcoin (BTC) declined from a high of $40,200 during the New York trading day, tracking losses in stocks. Most alternative cryptocurrencies (altcoins) underperformed bitcoin on Friday, indicating a lower appetite for risk […]
Top 5 Cryptocurrencies to Watch this Week: BTC, DOT, XMR, APE, CAKE
Bitcoin bulls are attempting to reclaim the $40,000 level and if this happens, DOT, XMR, APE and CAKE could be the first altcoins to break out, the Cointelegraph writes. Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may […]
Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit
Cardano (ADA) has made it on the list as one of the worst-performing assets when it comes to profitability. The ability to make a profit from a digital asset is what drives the majority of investments when putting money in the asset. However, for some, this has not been the case given that their assets […]
Small Cap Altcoins Continue To March Ahead Of Bitcoin And Ether Gains
Small cap altcoins have been one of the best performers in recent times, the NewsBTC reported. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability once more […]
5 Cryptocurrency Projects that Made Waves in 2021
UNI, AAVE, CRV, AXS and DOGE are a few of the top cryptocurrency projects in 2021 that helped transform the face of the cryptocurrency ecosystem and paved the way to mass adoption, the Cointelegraph writes. 2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin […]