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Why Zcash Suddenly Became the Crypto Market’s Black Sheep

Privacy coin Zcash has fallen by nealry 15 percent this week, marking the second-largest decline among the leading 30 crypto tokens. | Source: Shutterstock By CCN Markets: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Zcash has declined by nearly 15% in the last seven days |…

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Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge

Ethereum, like most altcoins, has been clobbered by bitcoin in 2019, losing more than 39% against the flagship cryptocurrency. ETH recently broke below its historical support of 0.025 BTC and printed a fresh all-time low of 0.020138 BTC on Binance on July 16. With no support to keep its head above water, bears warn that the ethereum price could plunge indefinitely. Nevertheless, two contrarian crypto traders believe that ETH/BTC’s outlook is far from bleak. In fact, they predict that the ethereum price could be on the verge of a major…

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3 Dirt-Cheap Crypto Tokens That Are Ready to Bounce

Bitcoin has been showing signs of weakness as of late. This is good news for many crypto tokens that have been badly beaten over the last few months as the dominant cryptocurrency flexed its muscles. At the very least, the bitcoin correction will likely give smaller crypto assets the space to bounce. For some coins, this breather might be enough to ignite a sustained rally. These three cryptocurrencies are dirt-cheap, making them excellent candidates for a near-term bounce. VeChain (VET/BTC) Prints Multiple Reversal Signals VeChain is printing strong reversal signals…

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Altcoin News Altcoin Price Analysis Cryptocurrency News Komodo Op-ed 

This Crypto Shot Up 165% Since January in a Breakout That Just Won’t Quit

While bitcoin is struggling to take back $12,000 and resume its uptrend, other cryptocurrencies are flexing their muscles. One, in particular, is worthy of attention: Komodo. The privacy coin that enables fungible transactions has risen from lows of $0.61 in January 2019 to $1.55 as of press time. The crypto token has caught fire recently as bitcoin started to correct from highs of $13,868.44. Komodo rallied from $1.104845 on June 28th to as high as $1.94 on July 7th. That’s a stellar increase of 75 percent in less than two…

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Bullish Bitcoin SV Could Rip by More Than 100 Percent in Three Months

With bitcoin getting the limelight, many crypto tokens, including its hard forks, have taken a back seat. Bitcoin SV, in particular, is not garnering all the attention it deserves, mostly due to the leading cryptocurrency’s hyper bullish sentiment but also partly due to Craig Wright’s publicity stunts. The founder of the latest bitcoin fork has claimed that he is the mysterious Satoshi Nakamoto. As a result, investors are distracted and many fail to see the tremendous bullish potential of Bitcoin SV. This is good news for those who focus on…

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How Walmart Triggered This Ballistic Cryptocurrency Rally

When publicly-traded companies like Walmart make a splash in crypto, they usually launch their projects on private blockchains. On those rare occasions when they hazard to venture outside these walled gardens, it’s generally on a large-cap cryptocurrency network with brand recognition: Ethereum, Ripple (XRP), and Stellar rank among the usual suspects. So when one of the world’s largest retailers announced that it would launch a food traceability platform on the public VeChain blockchain, it raised plenty of eyebrows – not to mention the lesser-known cryptocurrency’s token price. VeChain Cryptocurrency Surges…

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Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

Published: 19/06/2019 07:37 EST. Journalist: By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Litecoin Price Surging Higher…

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Ethereum to Skyrocket by 70 Percent Against Bitcoin, Predicts Analyst

By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher against bitcoin and follow the price action of its USD counterpart: Looks like it’s time for $ETH| $BTC to catch up to $ETH| $USD pic.twitter.com/3KDafuWYCG — 𝓡𝓪𝓶𝓹𝓪𝓰𝓮 🦍 (@Thrillmex) May 21, 2019 We’re covering this…

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Dark Horse Cryptocurrency Spikes 60% After Surprise Google Shout-Out

By CCN Markets: A little-known cryptocurrency spiked more than 60% after Google gave the project a surprise shout-out in an equally-unexpected blog post on how to use Ethereum and Google Cloud to build hybrid blockchain applications. Google Sends Chainlike Cryptocurrency Into the Stratosphere That cryptocurrency, Chainlink (LINK), enjoyed a parabolic swing that launched its price as high as $2.00 on Binance. Just hours earlier, LINK had traded below $1.10. The Chainlink cryptocurrency spiked after Google showed how developers could use LINK to allow their Ethereum smart contracts to communicate with…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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