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Cryptocurrency Market Analysis: 5 Biggest Losers of April 2021
May 05, 2021 at 09:19
News
Cryptocurrency Market Analysis: 5 Biggest Losers of April 2021
Many cryptocurrencies including Bitcoin have registered a bearish trend during April, 2021, despite the overall bullish performance. For instance, the flagship crypto traded a 30d low of $47,159.49 on April 26.
Cryptocurrency Market Analysis: 5 Biggest Gainers of April 2021
May 04, 2021 at 11:26
News
Cryptocurrency Market Analysis: 5 Biggest Gainers of April 2021
The entire market has registered significant growth during April 2021. The total cryptocurrency market cap increased by 18%. CoinIdol, a world blockchain news outlet, created an overview of the best performers of April among the top 100 coins in the global market.
Bitcoin Can Not Recover After Drop Caused by Tesla Selloff
Apr 29, 2021 at 15:19
News
Bitcoin Can Not Recover After Drop Caused by Tesla Selloff
Tesla sold 10% of its Bitcoin holdings to demonstrate the liquidity of the cryptocurrency as a cash alternative. This has caused a short-term drop in the coin’s price. But despite BTC having partially recovered from the low, it can not linger above $55,000 and start an uptrend.
Why High Trading Costs Have Become an Industry Norm
Apr 21, 2021 at 12:04
News
Why High Trading Costs Have Become an Industry Norm
No trader is immune from risks and losses when trading cryptocurrencies. Investors have to put up not only with the high volatility of coins, but also with the various fees that crypto exchanges charge. If someone doesn’t correctly plan out their trades, then the cost of commissions can quickly absorb a significant portion of profits.
The Cryptocurrency Industry in Nigeria Is Booming Despite Scams and Regulatory Uncertainty
Apr 19, 2021 at 12:24
News
The Cryptocurrency Industry in Nigeria Is Booming Despite Scams and Regulatory Uncertainty
The digital currency sector in Nigeria has been growing rapidly. Despite numerous scams and a lack of clear regulations, cryptos attract Nigerians with high profit potential.
Ripple Is a Step Away From Outperforming Binance Coin by Market Cap
Apr 12, 2021 at 13:04
News
Ripple Is a Step Away From Outperforming Binance Coin by Market Cap
Ripple, a rather controversial cryptocurrency whose legitimacy was questioned in late 2020, has exceeded a $63 billion market cap for the first time since January 15, 2018, getting closer to overturning Binance Coin (BNB).
Cryptocurrency Market Analysis: 5 Biggest Losers of March, 2021
Apr 02, 2021 at 12:34
News
Cryptocurrency Market Analysis: 5 Biggest Losers of March, 2021
As it is the case with other businesses, the cryptocurrency industry is not exceptional. There are coins that registered massive gains during the month and there are those that never saw the light of the month. CoinIdol, a world blockchain news outlet, analyzed the market to define the 5 worst performers of March, 2021.
USD Coin Volume Increases Following Visa's Acceptance of Cryptocurrency Payments
Mar 30, 2021 at 10:17
News
USD Coin Volume Increases Following Visa's Acceptance of Cryptocurrency Payments
The trading volume of USD Coin (USDC) has increased dramatically following the announcement by Visa of accepting the cryptocurrency for payments. Visa Inc. will become the first payments giant to allow its over 60 million merchants to settle transactions in USDC, a 12th cryptoasset by market cap and a stablecoin that is backed by US dollar (USD) created on the Ethereum blockchain.
Whales are Abandoning Ethereum, but Retail Investors Sustain the Uptrend
Mar 18, 2021 at 15:01
News
Whales are Abandoning Ethereum, but Retail Investors Sustain the Uptrend
Ethereum industry has been losing whales as the number of big holders dropped to a 3-year low. Instead, it seems to be invaded by retail investors most especially since the middle of 2020.
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