Markets Update: Support Turns Into Resistance for Leading Cryptocurrencies

Following Sunday’s sudden rally and retracement, most leading crypto assets have produced sideways consolidation just below the support ranges established during the previous week. The major exceptions to the trend are XRP and ONT, both of which appear to have held above last week’s support zones. Also Read: Bitcoin Whales Have Accumulated Thousands of Coins … Read more

Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months

Cryptocurrency markets experienced a long bearish cycle last year which has continued into 2019. With some of the top cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) losing significant fiat value, large holders, otherwise known as ‘whales,’ have been able to accumulate massive amounts of digital assets. According to the top 100 rich list … Read more

Token Development Using the Bitcoin Cash Network Kicks Into High Gear

Ever since various token implementations were introduced to the Bitcoin Cash (BCH) network, the infrastructure has been significantly developed in order to advance the BCH-fueled token ecosystem. In the last few weeks, projects like Wormhole and the Simple Ledger Protocol (SLP) have seen a significant amount of token creation, alongside a variety of wallet support … Read more

Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance

The cryptocurrency markets have seen significant volatility over the last 24 hours, with BTC rallying by 7% to test resistance at $4,200, before violently crashing approximately 10% back below $3,800. BCH has posted comparable volatility, currently trading for $135 after rallying above $150 for the first time since Jan. 10 earlier today. Also Read: German … Read more

Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators

Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. After those warnings, the region’s Capital Markets Authority (CMA) cautioned the public again after investigating a project called … Read more

Markets Update: Altcoins Gain on BTC

The recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH … Read more

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