Alt Season? Over 100 Crypto Assets Outperform Bitcoin in Q1 Surge

The first quarter of 2019 was a breath of fresh air for the cryptocurrency market, having recorded its first quarterly increase in overall network valuations since the fourth quarter of 2017. Interestingly, however, bitcoin is among the least significant price gainers so far this year while still flashing a noteworthy Q1 increase of 10 percent. What this means is that a sizable portion of the market’s recent growth came from the many other cryptocurrencies trading on exchanges today.  In fact, data from analytics provider Messari reveals that 118 cryptos increased…

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. 360 Core Security found that Lazarus, also known as the ATP-C-26 group, used software called “Worldbit-bot” to carry out its active attacks. The crypto exchange DragonEx fell victim to it on March…

Technical Flags Scream ‘Buy!’ as Market Nears Key Level

Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. Bloomberg reported that a popular technical indicator is now screaming buy after the last signal it generated prompted a 17% rally. Bitcoin’s GTI VERA Convergence Divergence Indicator is screaming “buy!” | Source:…

Social Media Companies Join the Crypto World

The cult of cryptocurrencies is rising with each passing day. But to understand the reason behind this, it is quintessential to know what exactly is cryptocurrency? Cryptocurrencies are digital currencies set up by groups of individuals and secured using cryptography. It is basically a form of digital ledger. Usually, cryptocurrencies are based on the technology called blockchain. A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.…

Ethereum (ETH) Is Losing The Dapp Race, Dethroning Bogging Down Prices?

Ethereum prices up 3.8 percent but underperforming against EOS and Cardano The number of dApps launching off Ethereum declining Vitalik admits that Ethereum’s novelty is ending and competitor platform offering speed and scalability is clipping part of their market share. According to DApp radar, only 28 percent of dApps are off the Ethereum platform. Meanwhile, Ethereum (ETH) bulls are up but yet to close above $150, our minor buy trigger line. Ethereum Price Analysis Fundamentals In a decentralized and open source, competition is bound to happen. Sometimes, it can be…

Coincheck Launches OTC Trading Service for Bitcoin

Japanese cryptocurrency exchange Coincheck has launched an over-the-counter (OTC) cryptocurrency trading service aimed at larger clients, the firm said Monday. While the service seem primarily to serve bitcoin trades, Coincheck said it will consider trades in other cryptocurrencies. Coincheck said its OTC trading desk will allow customers to buy and sell a minimum of 50 bitcoins ($205,423 at press time) “quickly” at one go and at “attractive prices.” The service is available on weekdays between 10 a.m. (13 UTC) and 3 p.m. (18 UTC) Japan time. In an OTC trading service, two…

Here are March’s Best and Worst Crypto Performers

March has been a positive month for the cryptocurrency market on the whole. The 31-day period saw the cryptocurrencies’ combined market capitalization dropping to as low as $125.09 billion, and rising to as high as $146.39 billion. A majority of the crypto-assets performed exceptionally well while a handful of them lost significant value. Below are the best and the worst crypto performers, measured by their market performance, spanning from March 1, 00:00 UTC, to March 31, 23:59 UTC, and as well as their volume distribution, liquidity, and market fundamentals. Best…

Bitcoin Awaking from Bear Slumber, For the First Time Since 2017

For the first time since the bull market in 2017, the bitcoin price recorded two consecutive green monthly candles, which suggest that the dominant cryptocurrency may be en route to breaking its bear trend. In technical analysis, a green candle forms when an asset climbs higher from its opening price in a certain time frame. If a monthly candle closes as a green candle, it demonstrates a monthly upside price movement. Consecutive Monthly Green Candles are Positive For Bitcoin The February monthly candle of bitcoin opened at $3,434 and closed…

Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017

View Bitcoin closed the first quarter of 2017 with 10.91 percent gains – the biggest quarterly gain since the fourth quarter of 2017. While bearish exhaustion is evident, a bullish reversal above $4,236 still remains elusive. A sustained break above that level may not happen in the next few months, as the price seems to be mimicking the bottoming pattern seen in nine months leading up to the October 2015 bull breakout. Bitcoin’s short-term outlook remains bullish as Friday’s close above $4,055 bolstered the bullish setup on the daily chart.…

Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange

It’s not just bitcoin futures products that are becoming popular with investors, at least according to one U.K.-based crypto derivatives provider. Crypto Facilities, a subsidiary of the San Francisco-based exchange Kraken that provides bitcoin and ether reference data for CME Group and has offered its own derivatives products for years, has seen trading volume in its altcoin futures markets jump dramatically in recent weeks – in particular, its litecoin and bitcoin cash futures contracts, said head of indices and pricing products Sui Chung. He told CoinDesk that the company had…