Altcoins Are Outperforming Bitcoin; the Rally Will Intensify, Analyst Say

Cryptocurrencies are rebounding at a robust pace since last Sunday when the total market capitalization hit $270 billion. Bitcoin price rose more than 22% during the previous two days; BTC price currently stands at the highest level in the last seven days. Altcoins are rallying on positive comments from regulators during the G20 summit. The majority of altcoins posted high double-digit growth in the last two consecutive days, and the trend seems to be extending, Tom Lee says.    Although Tom Lee believes altcoins needs to do more work, he thinks…

New ASIC miner announced for sale beats the “Asic Proof” design of many CryptoNight-based altcoins

The world of technology never ceases to be astounding, and those who keep up with its innovations must always be “on” as there are often changes that leave us speechless. In fact, the world moves so fast that it would be strange not to encounter at least one “revolutionary” announcement per week. The philosophy behind the development of cryptocurrencies is one of the reasons why several people decided to support and adopt their use (have you ever seen anyone criticize Ripple, Monero, Bitcoin Cash or Venezuelan Petro, just because?, or why…

Ethereum (ETH) and Litecoin (LTC): Coins to Invest in Before the Market Recovers

What coins should you invest in when the crypto market is down? Ethereum (ETH) and Litecoin (LTC) might be good options for you – and here’s why. The crypto market is known for being volatile. Just recently, on Monday many coins were down due to this announcement made by China. While many coins are beginning to recover from this, prices still haven’t re-adjusted to where they were at a month ago, for some even a week ago. This isn’t great news for current investors, but it does open the door for…

NEO, Lisk (LSK), Monero (XMR), & Tron (TRX) Update

Altcoin Update: Cryptocurrencies are finally making a comeback, after a rough start this week. Various countries trying to implement anti-crypto regulations has caused major panic selling in the last few weeks. Despite the major market corrections, it seems that crypto investors have gained some confidence. Most coins were up in the double-digit percentages yesterday and climbing. This could possibly be a temporary reprieve, as there have been various attempts to recover the market this past month. In the last few instances when the market grew quickly, individuals began liquidating assets. NEO…

Litecoin Price Analysis – LTC/USD Heading Back to $150?

A break above the $147 resistance area sees Litecoin rising back to $150. Key Highlights: LTC price could be heading back to $150 very soon A break above the $147 resistance area could send the coin back to $150 A major bullish trend was created from the $122.50 support level earlier today Litecoin — On An Upward Trend After diving to as low as $106.94 earlier today, LTC bounced back and held a support level at $122.50 for a brief moment. The coin then took off from there on a…

Ark and Dent Ride the Crypto Success Wave: Both Coins Trading Up Today

Crypto investors rejoice! At least, for now. The market is in the green at the time of writing (but knowing how volatile crypto is, who knows how long this will last). Of the many coins that are up, both Ark and Dent have been climbing in the past 24 hours. Yesterday, China blocked all crypto-related websites, and the result was madness. The aim was to “prevent financial risk,” according to the People’s Bank of China, but ironically, the block ended up causing financial risk in the form of the markets…