Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance

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Cryptocurrency markets have been looking more optimistic but many digital assets are still struggling to surpass upper resistance in order to move forward. On Friday, March 8, trade volumes have increased, showing a quick spurt of renewed energy but market indicators suggest there a few more hurdles ahead. Also read: An In-Depth Look at Ethereum’s…

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

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For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest…

Markets Update: Diminished March Trade Volume Mirrors Previous Patterns

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Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains…

Markets Update: Top Crypto Assets Open 2019 With Slow Month of Trading

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The leading cryptocurrency markets have seen a slow start to the year, with the top three markets by capitalization shedding between 10% and 37% since early January’s local highs. January has also seen volatility in market cap rankings, with XRP and ETH competing for the second largest crypto asset capitalization, and EOS, USDT, and BCH…

Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance

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Digital currency markets have seen some gains during the early morning trading sessions on Saturday. Since our last markets update, the entire cryptocurrency economy has gained $4 billion and a slew of the top digital assets are up between 2-6% over the last 24 hours. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy…

Markets Update: Dump Drives Record BTC Volume on Binance, XRP Extends Lead Over ETH

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Cryptocurrency markets have continued to see significant losses, with BCH, BTC, and ETH posting new lows for 2018. Despite also losing fiat value, XRP’s gains when priced in BTC have extended its dominance over ETH. Also Read: ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs  BCH Posts All-Time Lows BCH has continued to produce…

The Fall of Tether and What It Means for the Cryptocurrency Markets

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The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the…

Six New and Improved Cryptocurrency Analysis Tools

Six New and Improved Cryptocurrency Analysis Tools

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Blockchain explorers and cryptocurrency analysis sites just keep getting better. While Coinmarketcap (CMC) still dominates, these days it’s got stiff competition to contend with. Moreover, many of these platforms aren’t simply aspiring to be CMC knock-offs: they’re providing fresh tools for grasping the complexities of the ever-evolving cryptoconomy. Also read: 8 Alternatives to Coinmarketcap Cryptocurrency Tracker…

Bitcoin Hits $24,000 In Iran After Government Okays Mining

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The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy…

Meet the New Sentiment Analysis Tools Empowering Smarter Trading

Meet the New Sentiment Analysis Tools Empowering Smarter Trading

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The field of sentiment analysis (SA) is evolving rapidly. Since news.Bitcoin.com last covered the subject in May, two new platforms have emerged, each claiming to offer smarter tools to facilitate more informed trading. Gathering accurate sentiment from the web and then using it to create actionable insights is a complex task, but the developers behind…