May 26, 8:45 am
| | Bitcoin Dominance at 7-Month High as Altcoins Bleed Out (Market Watch)
Another day, another failure at the $30,000 line for bitcoin as the asset even dropped to $29,000. However, the altcoins are in an even worse shape, with substantial price losses evident across almost all charts. Ethereum struggles below $1,900, while ADA dumped beneath $0.5.
Bitcoin Stopped at $30K (Again)
It has almost become an inevitable turn of events in the past ten days or so – a scenario that sees bitcoin attempting, nearing, challenging, and even briefly breaking above $30,000 before the bears step up and push it south.
Since the start of this week, there have been three separate occasions. The first one was during the weekend when the rejection drove BTC below $29,000. The same thing happened once again on May 23 and 24.
Bitcoin jumped by nearly $2,000 yesterday when it tapped $30,000 once again. However, this was short-lived as well. BTC failed there and dropped beneath that coveted line. As of now, the cryptocurrency struggles to remain above $29,000.
Its market capitalization has declined to $560 billion, while the dominance over the altcoins has increased above 45%. This is the highest the metric has gone to since last October.
BTCUSD. Source: TradingView
Altcoi...
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May 24, 4:47 pm
| | South Korean Crypto Exchanges Issue Investment Warnings After Litecoin's...
Two leading South Korean cryptocurrency exchanges, UpBit and Bithumb, have issued a warning for Litecoin after the activation of MimbleWimble Extension Blocks (MWEB).
Growing Concerns
UpBit revealed terminating 'transaction support for digital assets with technology that makes transmission records indistinguishable from the past' while pointing to ...
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May 22, 5:01 pm
| | Litecoin Activates MimbleWimble Extension Blocks (MWEB)
Litecoin has finally announced the activation of Mimblewimble Extension Blocks (MWEB) more than two years after it was first introduced.
On May 2nd, Litecoin achieved the 75% network consensus threshold required for activation after months of dialogue with different miners of the network. Following this, MWEB officially locked in for activation at ...
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May 19, 2:53 pm
| | THE BEST PLACES TO BUY XRP : Brief Explain
This beginner’s guide explains the best places to buy XRP with top-ranking exchanges
XRP (Ripple) has been one of the best-performing cryptocurrencies in recent years. XRP brought huge gains to investors in 2018 when it reached an all-time high price of $3.84 on January 4 of the same year. Throughout the years, XRPs performance is what has ma...
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