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…

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…