Author: hotcrypto
Last year, the widely followed S&P 500 more than doubled up its average annual total return over the past 40 years, as well as hit nearly six-dozen record-closing highs. And yet, the stock market still took a back seat to the outperformance of cryptocurrencies. As of very early morning Dec. 29, the aggregate value of all cryptocurrencies was $2.26 trillion. In one year, the crypto market nearly tripled in value. Although the usual suspects, Bitcoin and Ethereum, were responsible for a large portion of this increase — they make up approximately 60% of the $2.26 trillion value — one coin stood…
Fallen angels are referred to as stocks that were once red hot but have seen lost their luster. In stocks, this could include companies like Blue Apron, Alibaba, and Baker Hughes. The same analogy can be made in cryptocurrencies. In this article, we will look at some of the fallen angels in the sector that could rebound in 2022. Zilliqa Zilliqa was once a top 30 cryptocurrency. The Zilliqa price has crashed by about 70% from its highest level in 2021 and its market capitalization has fallen to just $1 billion. Its ranking has fallen from top 30 to the…
Know the top 10 current cryptocurrency prices on January 03, 2022Bitcoin has started with a rough beginning in 2022 while Polkadot has started with a rise. This is the opportunity for crypto investors to make smart decisions at the beginning of the new year. The cryptocurrency market is highly volatile and crypto investors have to ensure about no incurring losses in digital wallets.Analytics Insight lists the top 10 current cryptocurrency prices on January 03, 2022Bitcoin (BTC)- US$46,888.42 (down by 0.92%)Ethereum (ETH)- US$3,796.66 (up by 1.20%)Binance Coin (BNB)- US$525.64 (up by 0.73%)Tether (USDT)- US$1.00 (up by 0.04%)Solana (SOL)- US$172.91 (down by…
Missed Out on Shiba Inu or Dogecoin in 2021, These Coins Could be The Next Big Crypto in 2022 by Analytics Insight January 2, 2022 It’s hard to properly understand what a 49,000,000% gain looks like, but then it’s hard to understand the value of memecoins in the first place. But yes, those who held Shiba Inu at the beginning of 2021 saw their investment grow by a truly ridiculous 49 million percent, and those who invested in Dogecoin also saw eye-watering returns last year. Let’s be realistic here, at $19 billion and $23 billion market caps respectively, Shiba Inu and…
New Delhi: The cryptocurrency market was trading mixed on Monday. Traders were, however, moving back to riskier assets after a holiday break. Markets will await global cues for a sharp move in any direction. Six out of the top 10 digital tokens were trading higher at 8.30 am IST, whereas the remaining four were trading lower. Bitcoin, along with Solana and Terra lost some ground, whereas Polkadot and Ethereum zoomed up to 4 per cent. The global crypto market cap was almost flat to $2.24 trillion mark compared to the last day. The total crypto market volume dropped more than…
It’s the New Year – The only time people pause and look at how things were going on for the year and how they want the coming year to present itself. This reminiscence and resolution moment does not just stand true for people, but also organizations, entities, and industries. Now, the year 2021 has spilled good, bad, and ‘meh’ moments in the world. While several persons and industries have gone through at least two such moments, there was a particular sector that had a whale of a time – The crypto-industry. The crypto-space did not just register the year as…
The web is replete with information and advantages of Blockchain technology. Indeed blockchain has immense potential with a lot of advantages to offer especially in terms of security and speed of data transfer. However, when it comes to meeting the accessibility issues, blockchain has its own limitations. Here comes the role of distributed ledger technology that supersedes the entire gamut of blockchain-based solutions providing answers to all questions that until now remained unanswered. Before we dig into the IOTA price prediction, let us have a look at some of the unique features of IOTA. IOTA: The Groundwork Distributed ledger technology…
Look at some price predictions for popular digital currencies that are expected to exceed Bitcoin over the next 12 months.Bitcoin (BTC) is the genesis of cryptocurrencies, the granddaddy, the first, and at the ripe old age of 13, the most expensive crypto on earth. A single Bitcoin will set you back $47,000. But as Bitcoin enters its 14th year, what are analysts price predictions for this $892 billion digital currency for 2022?According to www.fxstreet.com, technical analysis sets a price target of $63,000 for Bitcoin, which would mean 34% upside from here. However, Anthony Cuthbertson, of The Independent, claims $100,000 is…
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin’s (BTC) key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting the citizens’ buying power in Iran, Argentina, China and Africa. However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether (USDT). He backed up his decade-old ideas around the negative impacts of…
Chainlink receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is giving Chainlink a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Chainlink! Trading Analysis LINK’s current risk…