Ethereum and Link Hit All-Time Highs on DeFi Revival, FTM, BTC, Jan. 25

Ethereum and Link Hit All-Time Highs on DeFi Revival, FTM, BTC, Jan. 25

ETH ETH Price Index I said in last week’s article that Ethereum was “nicely poised” for a push to the all-time highs and the coin got there early in the week. The price sold off with Bitcoin’s dump, but the price of ETH has vaulted to further new highs over $1,475 this morning.  Ethereum is getting another boost from the Decentralized Finance (DeFI) coins, which sold off from a big summer 2020 rally but have…

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Will the Biden Administration Help or Hinder Cryptocurrency?

Will the Biden Administration Help or Hinder Cryptocurrency?

U.S. President-elect Joe Biden is taking office today, an event that will introduce changes to regulations, administrative bodies, and government policies. That could have an effect on the crypto industry. Not only will new leaders be appointed to certain leadership positions, but government spending could also reshape the economy and affect cryptocurrency prices. Here’s what the crypto community expects. Stimulus Could Benefit Bitcoin Prices One of Biden’s first and most notable policy decisions concerns the…

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Ethereum Price Could Test Highs Before a Pullback, BTC, GRT, IOST, Jan. 18

Ethereum Price Could Test Highs Before a Pullback, BTC, GRT, IOST, Jan. 18

ETH Ethereum came close to testing its all-time high recently as the coin joined the Bitcoin market rally and vaulted to a price above $1,300. These highs then met last week’s spot market selling with a drop to $900. The lows were easily erased and the coin recovered much of the losses, hinting that another push higher was possible.  After a year of development, the Layer-2 Ethereum solutions provider Optimism has seen a soft-launch on…

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How To Make Money When The Cryptocurrency Market Is Down

How To Make Money When The Cryptocurrency Market Is Down

With prices reaching new highs, it is an ideal time to buy Bitcoin and enter a profitable market that has brought happiness to many investors.  That being said, this wasn’t always the case. Just a couple of years ago, it was all doom and gloom in the crypto markets. Once the ICO bubble of 2017 burst, the market shifted into a downward trend and we entered a difficult period that lasted almost two years.  And…

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Bittrex Delists Privacy Coins: Monero, Dash, and Zcash Respond

Bittrex Delists Privacy Coins: Monero, Dash, and Zcash Respond

On Jan. 15, Bittrex will delist a number of privacy coins, including Monero (XMR), Dash (DASH), and Zcash (ZEC). It is not the first exchange to do so, raising many questions about whether privacy cryptocurrencies have a future. Why Are Privacy Coins an Issue? Privacy coins such as Monero and Zcash primarily provide privacy through shielded addresses. This feature makes transaction amounts and destinations visible only to those who are involved in a given transaction….

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Bitcoin Price Could See a Correction After Blasting Through $40k, LTC, ZEC, ZEN, Jan.

Bitcoin Price Could See a Correction After Blasting Through $40k, LTC, ZEC, ZEN, Jan.

BTC Bitcoin took another huge leap forward on the week with the coin seeing highs above the $40,000 level. The move highlights the meteoric rise of the cryptocurrency in recent weeks, where $20k seemed like a very distant target, before it was doubled within a month.  BTC has sold off from the highs at the weekend and the coin could head lower as the market is likely due for a correction. The rally has been…

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Five Companies Owned by the eCommerce Giant Alibaba

Five Companies Owned by the eCommerce Giant Alibaba

The company connects buyers and sellers both locally and internationally, thus making it easier for consumers to have access to a wide range of products. The company has continued to expand by its subsidiaries, bringing to the fold firms ranging from those offering b2b platforms and b2c services to those providing financial services. The success of these subsidiaries has reflected on the company’s fiscal earnings with the firm showing revenue growth of 35% year over…

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Crypto Booms as Bitcoin Storms Above $34k and Ethereum Hits $1k, DOT, SUSHI, Jan. 4

Crypto Booms as Bitcoin Storms Above $34k and Ethereum Hits $1k, DOT, SUSHI, Jan. 4

BTC BTC Price Index Bitcoin has surprised the staunchest of supporters in the last week as the coin rallied above the $30,000 level to see highs above $34k. The coin then pulled back sharply on Monday to hit $28,000 and now trades under $32k. The week could be volatile and will determine whether the market advances further or sees an extended correction. The support levels in Bitcoin could see a move towards the $25,000 mark…

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Ripple’s SEC Lawsuit: Will XRP Survive Its Unregistered Security Status?

Ripple’s SEC Lawsuit: Will XRP Survive Its Unregistered Security Status?

Ripple, the company responsible for the XRP cryptocurrency, has been sued by the U.S. Securities and Exchange Commission. Now, many in the crypto community are questioning whether XRP can thrive after the lawsuit concludes. Details of the Lawsuit On Dec. 22, 2020, the SEC published a statement explaining that it has filed a lawsuit against Ripple Labs, Inc. Allegedly, sales of the XRP token conducted by Ripple since 2013 constitute an unregistered securities offering. Ripple…

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Four Reasons Bitcoin Is Hitting an All-Time High Price

Four Reasons Bitcoin Is Hitting an All-Time High Price

Bitcoin has broken record after record as 2020 comes to a close. Why is that the case? We’ll break it down for you right now. Mainstream Use Case While Bitcoin has a use case as either a store of value or a replacement for traditional currency, the mainstream didn’t have an easy way to get involved. That’s no longer the case. Companies like PayPal have incorporated easy ways for anyone to buy, hold, and trade…

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