Crypto Marketcap, the rally goes on

The last seven days were great again for the cryptocurrency market. Bitcoin was even able to get to 50’000 USD for the first time, providing an additional boost that the market needed in order to go higher. Actually, altcoins of each size overperformed BTC pretty comfortably on aggregate. Small-caps performed better than their peers, even if the overperformance was not significant all things considered.

Read More

Weekly Crypto Report, crazier than usual

The last week has been a very crazy one, even by crypto market standards. A trend started in traditional financial markets consisting of subreddits pushing some small-caps stocks higher and higher. Hedge funds and traditional investors in general were caught off-guard, stop loss were triggered on short positions and volatility rose unexpectedly. On the same note, the crypto market experienced a burst in volatility near the end of the week. Subreddits played a role as well, particularly pushing Dogecoin to levels never seen before. Tron was another crypto investors’ favourite, while BTC even benefited from an Elon Musk’s tweet.

Read More

Weekly Crypto Report, no end in sight

The crypto market is now worth more than 1’000 billion USD. However, the market capitalization of altcoins is still just about 60% of how much it was at its peak at the beginning of 2018. In other words, an altseason could be around the corner if a pattern already seen in the past is going to be repeated. Actually, the past week has already seen a very good performance of altcoins, as you can see in our table above.
Whatever the case, mediatic exposition is booming for BTC and cryptos, and this is a great occasion for the blockchain technology to showoff the developments of the past couple years.

Read More

Crypto Marketcap, together is better

The last seven days were great for the cryptocurrency market. BTC kept rising after the already very positive performance of the past week. However, this time altcoins had their fair share of success as well. Projects of any size enjoyed double-digit positive perofrmances, with BTC only able to overperform our small-cap index. Mid-caps registered the best performance, just barely beating large ones.

Read More

Crypto Marketcap, all eyes still on BTC

The last seven days saw another very positive week for BTC, which rose almost 20 percentage points in order to approach 28’000 USD. Altcoins were again not able to keep the pace of BTC. However, the week was positive overall for crypto projects of all sizes. Bitcoin’s dominance is near to the tops of the summer ’19, with other coins due for a recovery in relative terms.

Read More

Crypto Marketcap, finding the new normal

The last seven days feaured BTC holding pretty comfortably the price level reached during the previous week. On the other hand, altcoins struggled to keep the same pace and registered negative performances all over the board. Large-caps actually struggled more than small and mid-caps, with Ripple saga with the SEC weighing on the index. Small-caps and mid-caps finished in negative territory and with a very similar performance.

Read More

Weekly Crypto Report, 20’000 is no more

It finally happened. After three long years, BTC approached again the 20’000 USD level. In December 2017, it wasn’t able to catch it. Even worse, 20’000 acted as a strong resistance and Bitcoin fell back rapidly. This time around, things went differently. BTC crossed 20’000 USD on December 16th and didn’t stop there. It actually approached USD 24’000 in a crazy two-days rally. Bitcoin eventually fell down but was still able to close at around 22’500 USD.

Read More

Weekly Crypto Report, only XMR defies the downtrend

The past week was a negative one for the cryptocurrency market. BTC uptrend appears to be losing some steam going into the end of the year. However, finding a sound ground in terms of price around 18’000 USD is an aimportant achievement. The first time BTC crossed the 15’000 USD marks, it was actually able to keep it for less than a couple months. Not pushing considerably back would be a great result in itself.

Read More

Crypto Marketcap, widespread suffering

The last seven days were negative overall for altcoins of all sizes. Bitcoin took a breath and closed down circa 3%. Alts followed and, while the market did not crush, it wasn’t certainly a prosecution of these past weeks’ good mood. Bitcoin still overperformed alts, while top projects were surprisingly overperformed, albeit slightly, both from mid-caps and small-caps.

Read More

Weekly Crypto Report, whole market pushing higher

The past week was a very positive one for the top cryptocurrencies we cover. Last week proved to be nothing more than a temporary retracement and Bitcoin recovered from it and drove the whole market up. Altcoins were able to follow for the major part, with the whole market capitalization now well over 560 billion USD and very high volumes overall.

Read More

Crypto Marketcap, a smal-caps party

The last seven days were very positive overall for altcoins of all sizes. Bitcoin keeps rising convincingly but is not overshadowing altcoins anymore. Small-cap cryptos in particular registered a stellar performance with the index gaining circa 25 points. Large-caps and mid-caps were not sleeping, however, with the latter overperforming the former and BTC as well.

Read More

Weekly Crypto Report, PayPal makes BTC skyrocket

The rally was fueled by the news that PayPal is going to integrate BTC and crypto payoments on its platform. The news is both a great one in terms of recognition from a huge payments business player like PayPal and in terms of effective crypto usefulness given how wide PayPal network is. BTC was trading in a lateral phase and this was exactly the kind of news needed in order to take a clear direction.

Read More

Weekly Crypto Report, waiting for a clear direction

The 99-periods Moving average which was being tested a couple weeks ago held as a support and this keeps the general uptrend for BTC still intact.
On Friday, the market experienced some turbulence after the news that one of OKEx exchange keys-holder was cooperating with a public security bureau because of an investigation. This in turn caused the freezing of withdrawals from the exchange and BTC price to drop 3% in minutes. However, the 11’000 USD level was not touched and the price rebounded afterwards.

Read More