Bitcoin 

VeChain (VET) Gains Momentum, But Will It Sustain?

The crypto sphere is going through a fair share of trouble at this point in time and many tokens have seen their prices crash in the last few days, but VeChain (VET) has emerged as an exception of sorts. This week, the VET token enjoyed an excellent rally and rose by as much as 18% to hit $0.00786 per token on most exchanges. What’s Next? That being said, experts believe that the rally might not be entirely stable, and hence, investors or traders should tread a bit carefully. However, there…

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Blockchain 

Bitcoin Price Gains as China Scraps Crypto Mining Ban

Bitcoin made gains last week after new documents from the Chinese government revealed that the country was reversing its decision to ban blockchain mining, with President Xi Jinping expressing his support for blockchain technology. Back in April, The National Development and Reform Commission in China published a list of industries that it believes should be restricted or limited, which featured crypto mining. President Xi Jinping’s recent comments in support of blockchain coincided with a sizeable gain in the value of Bitcoin, going from $7,500 USD to $10,500 USD in just a few…

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Blockchain 

Altcoins Attempt to Build Gains After a Big Jump in Bitcoin

It is a well-known fact that Bitcoin is the most important token in the entire crypto ecosystem; however, it should also be noted that altcoins have now become just as popular. Bitcoin Rally a Sentimental Boost Despite the fact that many of those coins now command multibillion-dollar valuations, the prices of most of these tokens are intimately tied to that of Bitcoin. Hence, there is now a lot of anticipation among crypto investors and market watchers that the recent rally in Bitcoin might spark a rally in altcoins as well.…

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Blockchain 

Bitcoin Suddenly Gains Momentum | Is This a Breakout?

2019 has been a remarkable year for cryptocurrencies, and much of that was marked by the hugely impressive Bitcoin rally during the first half of the year. However, that rally seems to have fizzled out, and the world’s biggest cryptocurrency has been experiencing a sustained slump. Bitcoin Holds Gain Moreover, the cryptocurrency has also been incredibly volatile over the past month or so, and it was particularly so during the last week. After going down to $7,400 per token, BTC managed to rally to $10,350 on certain platforms. Now, the…

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Blockchain 

Ethereum (ETH) Posts Significant Gains on Value Buying

Ethereum has been leading the crypto rally over the past week after the slump in the first half of 2019. Over the past few years, Bitcoin has firmly established itself as the biggest cryptocurrency in the world by market cap, and it is the only coin that can actually move markets one way or another. Over the past few years, the second-biggest cryptocurrency in the world, Ethereum, was regarded as the only viable challenger to Bitcoin. Ethereum Leads Although Ethereum never overtook Bitcoin, as some believed it might, it is…

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Blockchain 

Ethereum Gains as Momentum Returns, Jumps 20% This Week

While Bitcoin went on its incredible rally during the first half of the year, its biggest competitor, Ethereum (ETH), struggled massively and failed to generate any meaningful gains for its holders. There was a time when many had predicted that ETH was going to eventually overtake Bitcoin, but that never came to pass, and this year, the performance was particularly disappointing. Is it a Bullish Sign? However, it seems that ETH is making a comeback this week; the token recorded massive gains to stoke excitement in the crypto sphere yet…

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Blockchain 

Basic Attention Token (BAT) Gains 6% After Launch of New Brave Wallet

The enormous rally that was enjoyed by Bitcoin and the wider crypto market during the first half of the year resulted in the emergence of some tokens that people may not have heard of before. One of those tokens is the Basic Attention Token (BAT), which is meant for the Brave browser project. BAT has not made any significant gains this year and remains a small-cap cryptocurrency, but it is in the news today because it is one of the few tokens that has experienced a rise. The project related…

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Blockchain 

Ripple (XRP) Gains Regulatory Clarity in the UK

While cryptocurrencies may have initially started with a revolutionary idea about decentralized financial systems, most cryptos are now looking for ways to enter the mainstream. However, for that to happen, there needs to be regulatory clarity, and once it is achieved, then regulated cryptocurrencies can manage to attract investments from institutional investors. Over the past months, the regulatory bodies in the United States have expressed skepticism towards cryptocurrencies at large and even the President urged Facebook to apply for a bank license if it wanted to launch its cryptocurrency Libra.…

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Blockchain 

Tezos (XTZ) Gains 200% YTD As Buyers Get Excited

Tezos (XTZ) is making solid gains this year amid continuous buying activities on multiple developments. Key Developments For as long as the crypto sphere has existed, Bitcoin has been synonymous with it, and this is only natural, considering the fact that it is the cryptocurrency with the highest market cap. Moreover, Bitcoin’s rise has been nothing but spectacular, and any fluctuation in the price of the token can result in similar effects on all other tokens. In other words, Bitcoin remains the most powerful cryptocurrency in the world, and it…

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Blockchain 

Litecoin (LTC) Gains Momentum Post Halving, Jumps 7%

Litecoin (LTC) has been one of the more popular altcoins in the crypto space for some years now, and during that time, it managed to become one of the biggest cryptocurrencies by market cap. LTC Jumps 6% This year, the developers of the blockchain made a momentous decision after it announced that the rewards for Litecoin miners were going to be halved. This created a lot of speculation as to the effect it would have on the token’s price. The event that was being called “the halvening” created a lot…

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