It’s alt season, y’all. Since the Christmas Crash took place back on December 22, Bitcoin has struggled to regain its former prominence. Crypto’s flagship coin has sputtered in price and lost a significant chunk of its market share, all while the rest of the market has continued a healthy growth pattern after the pre-Christmas dip. Ringing in the New Year on a High Note It’s not very often that you see Bitcoin stagnate while the rest of the market is going up. Not even a month ago, analysts were making starry-eyed speculations about Bitcoin’s future, many confident in a US$15,000 valuation by year’s end.Powered by WPeMatico
First came ethereum, which threatened to unseat bitcoin as the dominant cryptocurrency in an event dubbed The Flippening. Then came bitcoin cash, which lay a glove on bitcoin core in The Cashening. Now, a revitalized ripple (XRP) is eyeing bitcoin’s top spot. Could the centralized cryptocurrency usurp bitcoin’s market cap, heralding The Rippening? Also read: Is […]
It has been a rather interesting week for fans of Ripple and XRP price speculators. Although most people assumed surpassing $2 was only a temporary measure and would eventually lead to a crash, nothing of the sort has happened so far. In fact, it seems the XRP price is intent on setting a new all-time high and potentially even surpass $3 this week. A remarkable turn of events, that much is certain. XRP Price run Isn’t Over Just yet Truth be told, very few people had expected Ripple’s XRP would even surpass the $1 value. When this digital asset reached
The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during […]
The cryptocurrency markets are treading water right now. Bitcoin has continued its downtrend, slipping even closer to the US$10,000 mark. And with a few exceptions, the other markets are following at its heels, as portfolios the world over are turning red. On the Come-Down Plenty of folks, especially here in the States, went to bed with the unpleasant knowledge that Bitcoin was struggling to retake US$14,000. Well, king crypto has slouched even lower on his throne, sitting at US$12,766 at the time of writing. This price puts it about US$700 away from reaching the floor on which it bottomed out during last week’s