While watching the price of Bitcoin can be exciting, the days of huge percentage moves seem to be in the past. Instead, altcoins are what cryptocurrency traders look for when they want massive gains. “Alt-season” is the term used when practically every single altcoin sees major percentage moves. But what causes an altcoin rally?Bitcoin price
A key factor for an altcoin price rally is the price of Bitcoin. When Bitcoin is doing well, altcoins tend to follow that price movement. The same goes for when Bitcoin is falling – the [...]
Binance Coin (BNB) has emerged as one of the top gaining crypto assets in recent times. The coin that runs through the veins of cryptocurrency exchange giant Binance currently trades at roughly $15, according to CoinMarketCap crypto table.BNB’s Recent Price Action
The cryptocurrency market still seems under the bearish territory, especially since November 2018 when Bitcoin tumbled from mid $6,000 range to late $3,000 range. Currently, the premier cryptocurrency trades at $3,922.
U.S. cryptocurrency exchange Coinbase will open trading of four more cryptocurrencies for U.K.pound sterling (GBP) Friday, a blog post confirmed Wednesday, September 5.
Following a deal with UK bank Barclays to open access to the country’s Faster Payments network in March, residents will now be able to trade altcoins Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) for GBP, in addition to the existing Bitcoin (BTC).
“With support for UK domestic bank transfers in GBP via the Faster Payments Scheme, it is now significantly easier, faster and cheaper for UK customers to trade cryptocurrencies on the Coinbase platform,” the post [...]
The cryptocurrency segment had a relatively quiet weekend after an eventful and volatile week, with the major coins mostly holding on to their gains. The divergence between the largest currencies continued, with some of the leaders of the recent rally remaining strong, giving hope for bulls that the move could be more than just a counter-trend correction.
That said, the largest altcoins are weak, and with Ethereum and Ripple both struggling to gain momentum, the rally in the coins with smaller capitalization remains suspicious in the light of the broader technical setup. The long-term downtrend is still [...]