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Top 5 Crypto Performers Overview: Tron, Neo, Cardano, Binance Coin, Litecoin

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..

Major Crypto Exchange Coinbase ‘Explores’ Listing XRP, Cardano, EOS, Others

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..

Bitcoin, Ripple, Ethereum, Stellar, Bitcoin Cash, EOS, Litecoin, Cardano, TRON, Monero:...

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 ..

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON:...

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..

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON:...

The bears seem to be unwilling to wait for the higher levels to sell Bitcoin, as the market experiences a pullback. 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. After the first signs of recovery, the opinion is divided on the current pullback in the market. Some say that it is only a dead cat bounce, while others believe that it is the start of a base building process that will result in a new uptrend. Michael Bucella of the crypto-focused investment firm BlockTower Capital said to CNBC that the smartest money has started investing. Nonetheless, Paul Donovan, Global Chief Economist at UBS, has said the digital currencies can never be currencies and are “fatally flawed.” After the recent fall, many are questioning the longevity of cryptocurr..

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON:...

Rampant selling in recent weeks dragged total market capitalization from above $210 billion on Nov. 14 to just below $116 billion on Nov. 25. 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. The digital currencies were relatively stable from early September of mid-November, after which the decline started. Since then, incessant selling dragged the total market capitalization of cryptocurrencies from above $210 billion on Nov. 14, to just below $116 billion on Nov. 25, a fall of close to 45 percent. After such a waterfall decline, an equally sharp pullback is probable. However, the markets will not switch over from a strong bear phase to a bull phase instantly. Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, believes that the cry..

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, Dash: Price...

While a price crash can indicate decaying asset class fundamentals, markets often get the fundamentals of new technology wrong. 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. Does a crash in prices indicate the decaying fundamentals of an asset class? In many instances it does, but the market usually gets the fundamentals of an emerging technology wrong, both in the short term and in the long term. In May 1997, Amazon’s share price was quoting at $18. Short-term expectations propelled it to $300 by December 1998 and from there it slumped to $6 per share after the dotcom bubble burst. At that point, the market was severely underestimating its potential and the non-believers were claiming victory. However, the model proved everyone wrong, and Amazon be..

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, Dash: Price...

The world did not come to an end after the financial crisis of 2007–2008. Similarly, this bear market will also pass and the stronger cryptocurrencies will rise and reward investors. 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. Bottoms are formed during market capitulations. After Bitcoin broke below the critical support of $5,900, investors dumped their holdings, fearing a complete loss on investment. For someone who does not believe in the future of cryptocurrencies and who was in it only for making a quick buck, it might be the right thing to do. However, for the others, who believe in the story of blockchain and cryptocurrencies, the current fall offers a great opportunity to invest for the long term. During bottom formations, the outlook is al..

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, IOTA: Price...

Following the increase in volatility and a renewed downtrend in markets, some analysts have projected abysmally low prices for Bitcoin. 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. After a period of three days, the crypto markets have resumed their downtrend. Total market capitalization of the crypto universe has dipped below $170 billion, which is a new yearly low. Following the increase in volatility and the renewed downtrend, some analysts have projected abysmally low prices for Bitcoin. When the sentiment is negative, such forecasts can scare new investors away, and also force the weaker hands to dump their holdings. In its short trading history, is this the first time that Bitcoin has fallen about 74 percent from its peak? No! According to Cha..

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, DASH: Price...

Bitcoin saw its third worst drop of 2018 on Nov. 14, as it broke down to new year-to-date lows. After the recent fall, how should traders approach the markets? 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. Bitcoin saw its third worst drop of 2018 on Nov. 14, as it broke down to new year-to-date lows. In doing so, it broke through the critical support of $5,900, which had held throughout the year. Prior to the breakdown, Bitcoin had entered a period of low volatility not seen in years. We were expecting the resolution of the tight range in cryptocurrencies to be to the upside, hence, our bias was on the long side. However, with the fall, the technical picture has weakened, and our assumption was proven wrong. We need to reassess our strategy in this ..
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