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Tag Archives: Altcoins

Cryptohomie Who Spent Almost $150,000 on Altcoins Sees 85% Loss

A crypto enthusiast who took out a six-figure loan to purchase cryptocurrencies has seen them lose almost 85% of their value. Investment Lost with NEO, Stellar, Litecoin, Ethereum, and Others On Monday, Reddit user “Cryptohomie,” a 32-year-old living in Abu Dhabi, UAE, posted a photo of his bank repayment schedule to the cryptocurrency subreddit, according to News.com.au. The photo shows a document from ...

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Bitcoin Falls Short of Breaking $7,000, Other Altcoins See Slight Losses

August 6: Bitcoin (BTC) is making several attempts at breaking back above the $7,000 mark, staking its recovery after a sharp market tumble this weekend. Many major cryptocurrencies continue to see minor losses, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,974 at press time, down 1.17 percent on the day. The leading cryptocurrency ...

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Is Margin Trading Beneficial for Bitcoin and Altcoins?

Margin trading has become increasingly popular in the world of Bitcoin and altcoins. Speculators and investors can be exposed to volatile cryptocurrencies without buying them directly or owning them at any point. Nevertheless, one has to wonder whether margin trading is a blessing or a curse for cryptocurrency. So far, it seems to be both. What Is Margin Trading? For ...

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Bitcoin Hovers Near $7,000, While Altcoins Show Marked Signs of Recovery

August 5: After yesterday’s market nosedive, Bitcoin (BTC) is up just slightly, hovering around the $7,000 mark. All major altcoins are however showing marked signs of recovery, up between one and seven percent, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,040 to press time, holding ground on the day after its rapid tumble ...

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Cryptocurrency Market Update: Altcoins Continue to Slide

Market decline has slowed but EOS, VeChain, Cardano, and Ethereum Classic are still suffering. The rout has not continued over the past 24 hours and crypto land seems to have found a level where markets have settled. This is just above $270 billion in terms of total market capitalization, however the outlook is still bearish. Bitcoin has made marginal moves ...

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Cryptocurrency Market Update: Bitcoin Eats Altcoins, Breaks $8,000

Bitcoin is leading the markets higher; altcoins are suffering, Bitcoin Diamond dumps while Zcash and Bitcoin Private prosper. As if in a flashback to trading patterns common in the latter half of 2017, Bitcoin is climbing at the expense of the altcoins. There was a very clear and distinct correlation between Bitcoin and altcoin price movements as one fell when ...

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Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses

July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)’s price performance has diverged from other top cryptocurrencies. As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,740, up 3.17 percent over ...

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Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week. Market visualization from Coin360 As Coin360 data shows, the top coin is an island of green, while most major alts are struggling to maintain positive momentum. Bitcoin (BTC) ...

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