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Tron (TRX) and Cardano (ADA) have been struggling for the 10th position on CoinMarketCapital.com. While Tron has been having a lot of positive Tron (TRX) news for some days now, Cardano (ADA) managed to take the 10th position from Tron in a bullish rally this morning. It’s important to note that at the time of writing, TRX had reclaimed this position. Tron TRX New Today: TRX Vs ADA On CoinMarketCapital This morning, the price of ADA moved up by almost 8% against the USD. It was this bullish surge in price that allowed it to take over from Tron (TRX) for a while. The TRX price quickly had a major comeback spiking by more than 5% and reclaiming its position as the 10th largest cryptocurrency per market capitalization. TRON (TRX) Price Today – TRX / USD Name Price24H (%)$3,989.35 -0.15%$0.023579 4.51% The price of ADA spiked along with other altcoins even if Bitcoin, Ethereum, and XRP are currently red against the USD. One possible catalyst for the ADA price hike is the anticipation ca..
The crypto market is looking at a tentative uptrend — let’s take a look at the coins leading the way. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets are showing the first signs of bottoming out. Most cryptocurrencies are well above their yearly lows and are starting new uptrends. Every bull phase has a new set of leaders. Therefore, it is important to note the digital currencies that are pulling the market higher, as these are the ones that are likely to outperform during the move upwards. Bitcoin’s (BTC) dominance continues to drop gradually since reaching a high of about 57.80 percent in mid-September. This shows that the market participants are loading up on altcoins. However, a new bull phase cannot start without suppor..
Over the past 48 hours, the general cryptocurrency news has been positive. For a while now, there has been a positive sentiment in the market. Finally, this positivity started to add up leading to a surge in the price of cryptocurrencies in a market bull run. At the time of writing, the price of BTC had broken the key resistance at $4,000 and was still surging higher against the USD. While Bitcoin price news predicts that BTC is doing well, it is stalling when compared to the progress of other cryptocurrencies. So, how much is one Bitcoin today? Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,994.27 2.24% Bitcoin Price News: How Much Is One Bitcoin Today Bitcoin finally bounced off the 20-day EMA rising above the significant resistance at $4,000. The moving averages are in the bullish territory. This morning, the Bitcoin live price moved above $4070. However, it started correcting lower and is now trading at $4,034.35. It is up by 2.17% against the USD. The trading volume o..
Predictive analytics firm Endor has onboarded Charles Hoskinson, who will deliver guidance and counsel in respect to the cryptocurrency and blockchain industries. Cardano (ADA) CEO and Ethereum (ETH) co-founder Charles Hoskinson has joined predictive analytics firm Endor. The company announced the appointment in a press release shared with Cointelegraph on Feb. 4. Established in 2014, Endor claims to be the first automated predictions engine in the field of business decision-making by means of a blockchain-based and artificial intelligence (AI)-powered analytical platform. Last spring, Endor reportedly raised $45 million in a token pre-sale for its predictive analytics technology. According to the press release, Endor has onboarded Hoskinson as a senior advisor, who will provide guidance and counsel in respect to the cryptocurrency industry, decentralization, and blockchain strategy. Additionally, Hoskinson will purportedly lead a new strategic project, the essence of which has not be..
Charles Hoskinson, founder of Cardano, believes crypto markets will be more mature and attract millions to billions of users by the time they regain 2017’s all-time highs. Crypto markets might need more than a decade to regain 2017’s price highs, but the industry will a “dramatically different ecosystem at that point,” according to top altcoin Cardano’s (ADA) founder, Charles Hoskinson. The industry expert made his comments in an interview with Cointelegraph at the Crypto Finance Conference, Jan. 17. Hoskinson compared crypto’s major growth spurt in 2017 with Amazon’s performance during the dot-com bubble. The entrepreneur — who is also the co-founder of Ethereum (ETH) — noted that it took 11-12 years for the internet giant to recover its all-time highs at the peak of the bubble. He argued that by 2011-2012, the firm was a “very much more mature company, much more realistic company.” According to Hoskinson, crypto as an industry could experience a similar growth pattern. The expert ar..
At the end of the week, with Brexit looming, the cryptocurrency markets could face some uncertainty. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) has proven to be in high demand among citizens of smaller nations like Venezuela, whose economic conditions have been adversely affecting their fiat currencies. Now, cryptocurrencies will face another test with the impending Brexit deal. If the United Kingdom is forced to leave the European Union without a deal, experts believe that the pound will be hit hard, and might lose up to a quarter of its value. With such uncertainty, will the market participants turn towards cryptocurrencies as an alternative source of investment or stick to the classical investment vehicles? We believe tha..
The recent market sell off may indicate that the process of bottom formation will be volatile. After a strong start in 2019, the crypto markets have witnessed sharp selling that dragged the prices down by about 10 percent on Jan. 10. This indicates that the process of bottom formation will be volatile. The traders should aim to book quick profits and trail their stops higher to protect any potential profits. The important event that turned the tide in favor of the bears was the 51 percent attack on the Ethereum Classic network. The crypto markets had topped on Jan. 7, 2018, reaching a total market capitalization of over $835 billion. From there, most of the top cryptocurrencies reversed direction causing a huge erosion in wealth. Even after one year, we can not confirm that the markets have bottomed out and are now on the way up. However, in 2019 the prices could by boosted by any positive regulatory developments, Bitcoin exchange-traded fund (ETF) approval, or increased institutional..
U.S.-based crypto exchange Coinbase “explores” adding support for 31 cryptocurrencies, including major coins such as XRP, EOS, ADA. Major United States-based crypto exchange Coinbase is “exploring” the possibility of providing trading support for over 31 cryptocurrencies. Potential new additions include Ripple (XRP), EOS and Cardano (ADA), according to a press release published Friday, Dec. 7. The company has revealed a list of 31 cryptocurrencies, including the aforementioned three, as well as NEO, Tezos (XTZ), and others. Coinbase states that it “will be working with local banks and regulators to add them in as many jurisdictions as possible.” List of cryptocurrencies Coinbase is considering to add. Source: blog.coinbase.com Coinbase added that a cryptocurrency being present in the list is not a guarantee that it will ultimately be added, as any coins could face some restrictions or might not be listed at all, after their evaluation is finished: “Adding new assets requires signific..
While expert opinions over Bitcoin’s future vary, the current bear market has failed to deter investment from large players, showing that interest in the space in alive and well. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Experts are divided over the future behavior of the crypto markets. Mike Kayamori, CEO of Quoine, expects Bitcoin to make new lifetime highs by the end of next year, and believes that the bottom is close to current levels. On the other hand, Malachi Salcido, head of Wenatchee, Washington-based Salcido Enterprises, expects the situation to “possibly get a little worse before it gets better," reports Bloomberg. He anticipates markets to bottom out in February of next year. Though the markets are way below their lifetime highs, it ..
Top coins are shaky as Bitcoin falls back below the $4,000 mark, but increased institutional interest — like Coinbase’s new OTC desk — could signal a turnaround. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Over-the-counter (OTC) trading desks usually cater to institutional or large individual traders. While retail traders are dumping their holdings in cryptocurrencies, institutional traders are using the opportunity to buy. Higher demand from large traders has encouraged U.S. cryptocurrency exchange Coinbase to start an OTC desk for its selected customers. This shows that it is only a matter of time before the tide turns from down to up. After a crushing bear market, one expects the volume to dry up due to the lack of buying interest. However, the..