IOTA (MIOTA): Altcoin Kicks off the Week in the Red Zone

IOTA News: Both the crypto and blockchain sector have a big week ahead. Coins are doing fairly well Monday, with the exception of IOTA (MIOTA) and Cardano (ADA). Meanwhile, Ripple (XRP) and Bitcoin (BTC) are in the green. For this article, we are going to be looking at IOTA (MIOTA).  MIOTA Daily Chart MIOTA is currently selling for $1.97. This puts MIOTA down 0.69% in the past twenty-four hours. MIOTA is classed as the 8th largest digital currency. It is behind Stellar (XLM), which is up 2.14% in the past twenty-four…

Altcoins are Back in the Red – Bitcoin Cash Price Leads the Sell-Off

Altcoins moved into the red today after generating substantial gains in the last couple of days. The traders are blaming profit-taking-strategies and a bearish environment in the stock market for the potential selloff. The majority of altcoins are retreating at a double-digit rate today. The stunning bull-run in altcoins lifted their prices to the highest level in the last few months – which is allowing short-term investors to capitalize on gains. Some of the altcoins including Bitcoin Cash (BCH), EOS (EOS), and Populous (PPT) has posted price appreciation of more…

Cryptocurrency Market Surpass $420 Billion As Altcoins Shine

What is the total market of Cryptocurrency worth right now? It may surprise some to hear that the market cap has exceeded the $420 billion level for the first time in seven weeks: the emerging coin market has increased at a robust pace over the previous two weeks driven by prompt growth in altcoin prices. The traders are attributing the bull-run to the end of tax season and increasing confidence in cryptocurrency markets. Bitcoin price rose almost 50% since the start of this month; expanding its market capitalization from $111…

Icon (ICX) and NEO: Altcoins Increasing, But Why?

Coins on the crypto markets are seeing both red and green today. Bitcoin (BTC) and Ripple (XRP) are in the red zone, while Icon (ICX) and NEO have moved into green territory. The latter coins are what we are going to focus on today.  Icon (ICX) Icon (ICX) is making waves in the market today, as well as the overall crypto and blockchain space. The coin is currently selling for $3.83, which puts Icon (ICX) up 10.64% in the past twenty-four hours.  Source: CoinMarketCap So what caused Icon (ICX) to…

Altcoins Rising – NEO and Ethereum (ETH) Back in Green Zone!

The crypto markets are looking much better than yesterday, with both NEO and Ethereum (ETH) seeing green. Meanwhile, Bitcoin (BTC) is back above the $8,000 mark, after briefly dropping below on Monday.  In fact, all top ten coins by market capitalization on CoinMarketCap are in green territory today. Not bad considering the market looked like it was entering a bit of a slump yesterday.  NEO NEO is currently selling for $67.76, which puts the coin up 3.84% in the past twenty-four hours. Yesterday, NEO was down, selling for $65.54 at one point…

These Altcoins Outperformed Bitcoin Last Week – Can They Continue the Uptrend?

The latest bull-run allowed Altcoins to recover from a four-month-low: Altcoins experienced a sharper selloff than Bitcoin (BTC) in the previous month and at the beginning of April, due to regulatory concerns in the Asian markets and a broader selloff in crypto markets. However, the latest bull-run provided huge support to altcoins. The majority of top 10 Altcoins outperformed bitcoin regarding price appreciation last week. With an exception to Litecoin (LTC) and Bitcoin Cash (BCH), the majority of altcoins have posted high double-digit growth in the previous week, led by…

Altcoin Update – EOS, Ethereum, Ripple, and IOTA

Altcoin Update: The EOS coin jumped almost 50% in the last seven days alone, allowing its market cap to surpass $7.1 billion level. The latest market rally in cryptocurrency prices added to EOS price. The sixth largest coin rose more than 30% yesterday, and it is extending the momentum into today’s trading. Aside, from the latest crypto market rally, EOS has been getting support from the developments in its blockchain technology. Hedge fund manager Michael Novogratz’s company – Galaxy Digital, has a joint venture with EOS for $325 million and this…

TRON Price Outperforming Altcoins

TRON (TRX) price bounced back sharply after losing significant value since the launch of test net at the end of last month. Although investors were expecting a sharp rally in TRX price amid its test net launch, the downtrend in its price was supported by the broader selloff in the market. TRX token, however, soared more than 24% in early trade on Thursday to $0.04. TRON is a blockchain technology platform that offers safe infrastructure necessary for sharing entertainment contents. The successful launch of test net reduces its dependence on…

Coinbase Adds ERC20 Support – Altcoins to Come?

Late Monday evening, Coinbase announced its intention to add ERC20 support on its platform. Does this mean that the exchange will be adding more altcoins to its platform in the future? Currently, the exchange supports the buying and selling of only four tokens: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecon (LTC). There have often been rumors of other coins being added, Ripple amongst the most popular, but these rumors have been consistently and adamantly denied by representatives. The addition of ERC20, which is the technical standard used for Ethereum…

Cryptocurrency Sell-off: Altcoins Are Erasing Last Week Gains

Altcoins had outperformed bitcoin price growth last week: Altcoins rose substantially last week on expectations for lower regulatory actions from G20 countries. Cardano (ADA), Stellar (XLM), EOS (EOS) and IOTA (MIOTA) were among the prominent gainers despite some price correction at the end of the week. EOS posted weekly price growth of 40%, while Cardano and Stellar ended the week with mid-single digit gains. Altcoin, however, started this week in the red; the majority of coins are declining at a high mid-single digit rate today. The broader selloff in crypto…