Ethereum, which has regained its spot as the world’s second largest cryptocurrency by market capitalization after recent gains, is soaring today, helping to boost the cryptocurrency market—including bitcoin and ripple (XRP) as a post-Christmas rally rolls on. Ethereum has climbed some 80% over the past month, adding a further 12% rise over the last 24 hours, as
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BITCOIN (BTC) has experienced a turbulent year, with the asset’s price slowly falling throughout 2018 – hitting its lowest point in mid-December, according to CoinMarketCap. But can the virtual currency bounce back in 2019, or will it plunge to new lows? Several cryptocurrency specialists have given various predictions on what they believe will happen to
XRP will continue to battle the market leader for the first position in terms of market capitalization. 75% of the correspondents believed in Ripple’s XRP prowess in 2019. The last quarter of 2019 has been a gruesome period in the cryptocurrency market. The market did not only bleed, we saw assets refresh new 2018 lows.
This year has been a rough one for most cryptocurrencies but some have fared worse than others. Ethereum is one of those heavy sufferers that has lost over 90% since its peak almost a year ago. According to Arthur Hayes, CEO of Hong Kong based BitMEX, the revival of Ethereum could be just around the
Bitcoin (BTC) still has “lower to go” despite its bull run to above $4,000 last week, Morgan Creek Digital Assets founder Anthony Pompliano told CNBC on Dec. 26. Speaking in an interview, Pompliano, who is also a frequent markets commentator on social media, became the latest figure to claim Bitcoin markets will only bottom out when the price
This week’s more than 25% rally in Bitcoin is impressive, but it doesn’t signal a return to its erstwhile boom years, if its price history is a guide. The momentum that saw it soar from under $1 to almost $20,000 between 2011 and the end of last year is gone and unlikely to return, according to traders
Wednesday, Dec. 19 — Cryptocurrency markets continue a fresh rally with Bitcoin (BTC) touching $3,800 and leading altcoins to claw back their latest losses. Data from Cointelegraph’s own price index, CoinMarketCap and Coin360 confirms the extended rebound, which began late Monday and continued through Tuesday. After a slight correction, almost all of the top 20 assets by market cap began climbing
XRP has been dormant for a very long time and as the end of 2018 approaches, the much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space. In addition to the above, XRP and cryptocurrencies are being backed by major players in the financial industries, like the managing director and
The world’s largest cryptocurrency rallied as much as 11 percent to start the week. Bitcoin has still fallen more than 50 percent in the past three month and is down 75 percent this year. Monday was also the one-year anniversary of its all-time high near $20,000. It has since dropped 83 percent, according to data
BITCOIN (BTC) halved in value this month as the cryptocurrency revisited its lowest value level in 2018. So why is Bitcoin falling and will BTC ever recover? Bitcoin slumped to a new yearly low of £2,556 ($3,218) on December 14, following a significant sell-off. The flagship cryptocurrency briefly showed signs of a bullish bounce on Monday