Category: Altcoin

The chief strategy officer of digital asset manager CoinShares says that the surging non-fungible token (NFT) market is not a bubble. In a new tweetstorm, Meltem Demirors points to the scarcity of various NFT projects and Bitcoin as a potential key factor motivating investors.   “Are NFTs a bubble? No. Wealth is a bubble… For

Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana’s potential foray into Wall Street. On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New

Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag. In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on

Altcoin Daily host Aaron Arnold is listing seven cryptocurrencies that he expects to rally. The cryptocurrency influencer tells his 947,000 YouTube subscribers that Ethereum (ETH) is one of the digital assets that is “about to pop.”   Aaron argues that Ethereum’s ecosystem is thriving and that the asset is undergoing a supply shock as a

Chainlink (LINK) is the leading oracle provider, and the project has onboarded over 281 crypto projects in 2021. Some of these include heavyweights like Huobi’s ECO Chain, the Hedera Governing Council, and Alchemix.  Launched in Oct. 2020, Chainlink’s verifiable randomness function, or VRF, has also gained notoriety among decentralized applications (dApps). VRF provides an automated

Bears pressed harder on the market on Aug. 26 after Bitcoin (BTC) continued its pullback to an intra-day low at $46,250 and altcoins nursed near double-digit losses. While most of the market is seeing red, a few altcoins managed to notch notable gains due to exchange listings and new staking opportunities. Top seven coins with

Charles Hoskinson, co-creator of Ethereum and creator of Cardano, is responding to criticism leveled by Weiss Crypto. The Cardano Foundation announced on Tuesday that the company will comply with anti-money laundering (AML) measures by partnering with blockchain analytics provider Confirm. The partnership will enable exchanges, custodians, and other third parties to track the history of

Monthly sales of the non-fungible token (NFT) project CryptoPunks are reaching record highs. According to the industry tracking website CryptoSlam, $378,277,946 worth of Punks sold in August – the highest monthly sales figure in the three years since the project’s launch.   The project is a collection of 10,000 unique, 8-bit-style pixel art images of male

Altcoin Daily host Austin Arnold is breaking down five altcoins that he thinks have growth potential in September. In a new video on his popular YouTube channel, Arnold tells his 945,000 subscribers that he’s keeping an eye on the fundamental strength of Tezos (XTZ), VeChain (VET), Ethereum (ETH), Cosmos (ATOM), and Cardano (ADA).   Launched