Weekly Altcoin Price Analysis: First Results of 2016
It sounds strange but Litecoin in 2016 feels quite strong. You would probably ask: how so, if the price fell to $2.90 and continues to decrease? But take a look at the chart of LTC:BTC – Litecoin exchange rate is fixed higher than 0.008, and even reaching 0.0084. This means that the price of $2.90 speaks not about weakness of Litecoin, but about the weakness of Bitcoin during a whole bunch of bad news (the report of RAND on need of fight against digital currencies, bankruptcy of Cryptsy, the next split in Bitcoin Foundation and a statement of Mike Hearn). Moreover, new discussions on the....
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The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the fear zone, the Bitcoin price is now slowly pushing back toward $90,000, which has been slowly changing the sentiment among altcoins. Rekt Capital, an influential analyst on X, reignited hope for an incoming altcoin season with a key technical signal. According to the post, a breakout in the altcoin market cap could soon take shape if one critical condition is met. The analyst shared a chart and commentary suggesting that the....
Ethereum ETH price regained its bullish trend against Tether (USDT) as it builds more strength to break above the key resistance ahead of “The Merge.” ETH price saw a rejection to a region of $1,500 recently as it could not hold its bullish trendline acting as support. (Data from Binance) Related Reading: Shiba Inu Burn Events Spark A Rally In Altcoin Over The Past Weeks Ethereum ETH Price Analysis On The Weekly Chart From the chart, the price of ETH saw its price rejected to a region of $1,540 on the weekly chart as the price was unable to hold $1,700 and the trendline acting....
One of the main questions people often wonder about is who is using Bitcoin these days. The 2016 Bitcoin Survey by the Bitcoins in Ireland team will bring us one step closer to find out the answer as a total of eleven different languages are now supported. Even though the results of the 2016 Bitcoin Survey will not be able to tell the complete story as....
Welcome to the CCN weekly altcoin news update, where we profile newsworthy altcoin stories that have flown under the radar. This week's update includes an analysis of the Stellar price's early volatility, information about Darkcoin's latest update to DarkSend, its anonymous transaction protocol, and Viacoin's smart-contract ClearingHouse announcement and presale. Stellar Price Volatility. Stellar, the new Ripple-esque payment protocol from Mt. Gox and Ripple co-founder Jed McCaleb, has quickly gained adoption due to the project's aggressive distribution strategy, which includes giving away....
Jamie McCormick who runs the Bitcoin Marketing Team and BitcoinsInIreland has just released the results of their second annual global survey which took place between April and June 2016 on the uses of Bitcoin. On the question of the active use of Bitcoin 65% said they had sent or received Bitcoin in the last week while 9% of respondents had not yet used it. The full results will be published on Thursday afternoon by 3pm GMT on www.bitcoinsinireland.com Jamie McCormick says: “We’re really happy to publish the report this week, and we hope that people studying, investing or working in the....