Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

Crypto Race Heats Up: Bitcoin's Dominance Ratio Drops to Lowest Level in 12 MonthsThe largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level was around the 61% range was over 12 months ago […]

The post Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst

During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout” against bitcoin. Moreover, a number of cryptocurrency proponents have been […]

The post Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day […]

The post Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85% appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cardano Price Analysis for June 2nd – ADA Remains Optimistic

Cardano Price Analysis for June 2nd - ADA Remains OptimisticBy Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing an uptrend. Technically, speaking, the price is testing the upper border of the ascending channel. Currently, after such vigorous growth, we may expect a correction to the nearest support level. The MACD is in the positive area, indicating the probability of further growth. Regardless of

The post Cardano Price Analysis for June 2nd – ADA Remains Optimistic appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure

4 'Bitcoin Contenders' With Zero Use Cases and Barely Any InfrastructureCryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many […]

The post 4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cardano Price Analysis for January, 31th – ADA: All Good Regardless of Correction

CardanoBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, the ADA cryptocurrency has slumped into a correction, which, after the robust and stable growth in January, looks logical. The cryptocurrency is generally trading around $0.0541. On D1, analyzing the long-term technical picture of the Cardano development, we can notice that the general trend looks like a quite wide narrowing channel. After a bounce off the lower border, a convergence on the MACD, a breakout of the resistance line of the previous channel, the quotations started developing an uptrend. The aim of the trend is the upper border of the general

The post Cardano Price Analysis for January, 31th – ADA: All Good Regardless of Correction appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

Cardano, Bitcoin SV, and Bitcoin Cash Price Analysis – Crypto Market Is Struggling to Keep Up With the Bulls

After a sharp drop last month, the cryptocurrency market has been maintaining the sideways momentum surprisingly well. Let’s take a look at some cryptocurrencies and see if the charts have anything in store for us. Cardano Price Analysis (ADA/USD) ADA recently surpassed the $0.0394 resistance level after settling above the significant support level found near $0.0386. ADA/USD pair’s bullishness has thereby given an intraday increase of 2.27%. After shifting impressively from $0.0387 to $0.0396 level. Besides the recent price, recovery could improve the coin’s trust towards investors, which may improve their sentiments. Afterward, a bullish trend line was also observed

The post Cardano, Bitcoin SV, and Bitcoin Cash Price Analysis – Crypto Market Is Struggling to Keep Up With the Bulls appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review

ethereum eos cardano rootstock comparison featured imageSmart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum   What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is to discover new use cases for blockchain technology. The Ethereum network is designed to allow anyone in the world to build dApps using smart contracts. These next generation applications can operate with no expected downtime, fraud, or interference by malicious actors. dApps are the main

The post Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico