The past few days were not easy for cryptocurrency enthusiasts. Any small gain recorded in any market will quickly be pushed back down. This vicious cycle of small gains and steep losses has become rather problematic for most altcoins. Even the NEO price is struggling to find any stable ground whatsoever. Despite a surge to $150 not that long ago, we are now heading back to $115. A very unfortunate turn of events, but the volatility will only increase from here on out. What Comes Next for the NEO Price? It is pretty much impossible to find any common sensePowered by WPeMatico
Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors […]
Cryptocurrency network congestion has become a very real problem over the past few years. Not only have we seen Bitcoin suffer from such issues, but the Ethereum network is prone to major delays as well. It is evident this creates a lot of problems for cryptocurrency users looking to transfer value from one platform to another. As a result, the Kucoin team now advises users to switch to NEO for moving value across platforms. It’s an interesting decision, to say the least. Kucoin Grows Concerned Over Ethereum Network Congestion The past six months have not been easy for most top
Even though most cryptocurrency markets are showing signs of recovery, some altcoins still struggle a bit. Struggling is a term used rather loosely here, though, as a 1.65% dip compared to 24 hours is nothing these days. For the NEO price, the fight for dominance over $150 is still in full effect as we speak. It seems there are plenty of market makers who want to keep the NEO price below this threshold right now. A breakout is expected to occur shortly, by the look of things. NEO Price Eyes that $200 All-time High Before all cryptocurrency markets took a
After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to […]
It would not be an exaggeration to call 2017 the year of initial coin offerings. We saw hundreds of projects try to raise money by creating their own ideas and native currencies. Whereas most ICOs are still on Ethereum, it seems NEO is getting a lot of attention as well. One of the more recent ICO projects is known as TheKey, but it may go down in history due to the negativity surrounding it. Although there is no indication this project is a scam, the NEO community seems rather annoyed by how things went. A Brief Recap of TheKey’s ICO Campaign In
Anyone glancing at their Blockfolio app on Tuesday morning would have been in for a rude awakening. With every single cryptocurrency drowning in a sea of red, newcomers could have been forgiven for feeling a little queasy. A drama-filled day, dominated by negative news from South Korea and China, saw bitcoin fleetingly kiss four figures […]
With all cryptocurrency markets in turmoil right now, it is difficult to discuss any positive developments. In fact, the most positive news comes in the form of how the NEO price didn’t drop by double digits overnight. It is the only currency to “only” lost 6% in value recently, which makes it the best-performing asset in the top 10. This doesn’t mean the NEO price won’t drop further, but for now, everything seems to be going rather well. NEO Price Loses Less Value Than Other Markets It is never fun to talk about cryptocurrency prices based on which coin lost
Cryptocurrencies are gauged by the size of their market cap. It’s a crude reckoner, but it’s good enough for most purposes. But what about projects that have yet to issue their coins or host their token sale? Increasingly, investors are turning to one metric that’s hard to fake and indicative of widespread support – Telegram […]