Blockchain 

Stellar (XLM) Witnesses Buying Interest Despite the Crypto Slump

When a cryptocurrency is made available in important exchanges, then its price usually gets a positive push, and that is what happened with Stellar (XLM) yesterday. Earlier on this week, Coinbase, which is among the biggest crypto exchanges in the world, revealed that it was looking to add many more tokens to its platform. Yesterday, the company made Stellar Lumens (XLM) available on its platform for Coinbase users in New York. It is a significant development for the token in question, and it goes without saying that the news was…

Read More
Blockchain 

Bitcoin Extends Decline as Altcoins Stabilize Following This Week’s Slump

On Tuesday, crypto markets slumped, but since then, various altcoins have staged a recovery. However, Bitcoin extended its decline and has now dropped 6% in the past 24 hours. Altcoins Show Signs of Recovery This slowed down the massive losses witnessed the previous day when the world’s most traded digital asset plunged 17%. Other coins such as EOS and Ether racked some modest gains with EOS, which plunged 28% on Tuesday, advancing 3.8%. Investors have associated the Tuesday plunge with the lackluster launch of Bakkt futures contract and the broad…

Read More
Blockchain 

Litecoin and Bitcoin Slump Despite Bakkt’s Anticipated Debut

2019 has been a remarkable year for Bitcoin and Litecoin after the disappointment of 2018. For the first six months of the year, the biggest cryptocurrency in the world went on a remarkable rally, and although it has lost its momentum since then, it is still up by a hefty percentage. This week was an important one in the crypto space as the highly anticipated Bakkt platform finally went live. There was a lot of speculation about the effect of the platform on the price of Bitcoin and on the…

Read More
Blockchain 

Ripple (XRP) Popularity Remains Despite the Price Slump in 2019

Over the past years, Ripple (XRP) has grown into one of the world’s top cryptocurrencies and has firmly established itself as the third biggest crypto in the world in terms of market capitalization. That being said, XRP has been one of the worst-performing cryptos this year, despite the fact that almost the entire market has been in the middle of a major bull run for most of the year. Among the top 10 tokens in circulation at the moment, eight have been able to post highly impressive gains so far…

Read More
Blockchain 

How to Beat Trading Losses in a Cryptocurrency Market Slump

Losing money is painful, and since it can disrupt your way of life, many people try to avoid it. As volatile as the crypto market is, losses can be inevitable, but you can master the market. The reality of financial markets is that there will always be highs and lows, just like other segments of life. Amid the lingering bear market that cryptocurrencies have languished in for several months now, some nuggets can help. For many people who entered the trading scene at the onset of the price slump, finding a…

Read More
Bitcoin 

Bitcoin Rally | Cryptocurrency Makes a Comeback After Major Slump

Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $3,700 since mid-September 2017, and this past week, the cryptocurrency was down almost -40% for the month. However, on Tuesday night that all began to shift. Bitcoin Rally In around 60 minutes, Bitcoin jumped up in price…

Read More