July | Cryptocurrency Market Price

July by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 15.7% M/M The stablecoin supply grew by 10% M/M from $12.0 billion to $13.2 billion The adjusted on-chain volume of stablecoins hit yet another all-time and grew by 53% M/M Ethereum miners generated $143.8M in revenue representing a M/M increase …

July by the numbers: A look at crypto exchange volumes, open interest, and miner revenue Read More »

Ethereum, Stellar, Dogecoin Price Analysis: 29 July

News / By Cryptocurrency Market

For many of the market’s altcoins, a rally was in the works even before Bitcoin’s price hike that enabled it to go past $11k took place. However, in the past day’s time, strong bullish momentum in the altcoin market has seen a dip. For the second-largest altcoin Ethereum, the past 24-hours’ price action hasn’t been …

Ethereum, Stellar, Dogecoin Price Analysis: 29 July Read More »

Bitcoin Cash short-term Price Analysis: 22 July

News / By Cryptocurrency Market

Disclaimer: The following article attempts to analyze the evolving trends in the Bitcoin Cash market and its impact on the price. Even though the altcoins have been witnessing independent movement from that of Bitcoin’s price action, the king coin’s hard fork Bitcoin Cash [BCH] has been unsuccessful in doing so. The Correlation between BTC and …

Bitcoin Cash short-term Price Analysis: 22 July Read More »

Bitcoin, Ethereum Classic, Dogecoin Price Analysis: 17 July

News / By Cryptocurrency Market

Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC] …

Bitcoin, Ethereum Classic, Dogecoin Price Analysis: 17 July Read More »

XRP long-term Price Analysis: 15 July

News / By Cryptocurrency Market

Disclaimer: The following price prediction should materialize over the next two weeks. When XRP registered a recovery of 103 percent after its price drop on March 13th, many were expecting it to follow into the footsteps of other major assets. The likes of Bitcoin, Ethereum were able to ascend near their early highs of 2020, …

XRP long-term Price Analysis: 15 July Read More »

Bitcoin SV short-term price analysis: 13 July

News / By Cryptocurrency Market

Bitcoin SV, the persistent hardfork of a hardfork of Bitcoin has now become a mainstay in the top-10 coins in the cryptocurrency market. Currently placed on the eighth spot with a market capitalization of $3.41 billion, behind its big-brother Bitcoin Cash which has a market capitalization of $4.3 billion. Looking at the price of BSV, …

Bitcoin SV short-term price analysis: 13 July Read More »

Bitcoin News Roundup for July 9, 2020

News / By Cryptocurrency Market

With bitcoin headed back up and Brazil’s real hitting new lows, CoinDesk’s Markets Daily is back with another news roundup. While bitcoin’s range play continues, options traders look to be betting on a big move to the higher side soon. The late Gerald Cotten wasn’t the only investor who failed to make a plan for …

Bitcoin News Roundup for July 9, 2020 Read More »

Bitcoin Cash, Monero, FTT price analysis: 8 July

News / By Cryptocurrency Market

Despite Bitcoin’s lackluster performance in the past week, the month of July seems to have provided significant momentum for the altcoin market to surge in terms of its trading price. Popular altcoins like Bitcoin Cash, Monero and FTX Token registered up to 11 percent in terms of a price hike since the start of the …

Bitcoin Cash, Monero, FTT price analysis: 8 July Read More »

Ethereum, Tezos, Crypto.com Coin Price Analysis: 05 July

News / By Cryptocurrency Market

Bitcoin’s efforts to breach its immediate resistance on the charts and head towards $10,000 continue to be in vain, with BTC falling on the charts again over the past 24-hours. While the world’s largest cryptocurrency didn’t fall by a huge or a very significant margin, its effects were felt by the market and its altcoins, …

Ethereum, Tezos, Crypto.com Coin Price Analysis: 05 July Read More »

Ether Futures Activity Grows Ahead of July Protocol Upgrade

News / By Cryptocurrency Market

BitMEX announced a new ether quarterly futures product Friday, which they described as “the only one of its kind available in the market.” Settled in bitcoin, the contract trades the ether-dollar pair, and expiry is in June. This coincides with the scheduled ETH 2.0 launch in July, which Ethereum researchers are confident will happen, as …

Ether Futures Activity Grows Ahead of July Protocol Upgrade Read More »