Category: Altcoin

Will Polkadot save decentralized finance from Ethereum’s scaling problems?

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously.  For starters, imagine a world where Facebook is replaced

Top Trader Says Hot Altcoin ‘Probably Keeps Running,’ Predicts Flight Path for Raydium and Chiliz

Popular crypto strategist Kaleo says that one red-hot altcoin is likely to keep carrying on upward, while also giving some predictions on two more digital assets. The pseudonymous trader tells his 360,000 followers that smart contract platform Solana’s (SOL) recent bullish momentum likely isn’t over as he expects the Ethereum competitor to launch a new

Cardano Price Surge of Over 620% ‘Realistic’ for This Bull Cycle, According to Crypto Analyst Benjamin Cowen

Popular crypto analyst and trader Benjamin Cowen says that a 624% increase for Cardano is “realistic” for the smart contracts platform this bull cycle. Cardano’s native asset ADA has surged this month as the proof-of-stake blockchain platform nears its much-publicized Alonzo upgrade, currently scheduled for next month.   ADA is up a whopping 124% in

Top Crypto Analyst Says Dogecoin Looking ‘Interesting Again,’ Updates Outlook on Binance Coin and Polkadot

Prominent crypto analyst and trader Justin Bennett says he’s keeping an eye on Dogecoin (DOGE), Binance Coin (BNB) and Polkadot (DOT) as the crypto markets flash signs of overextension. Bennett unveils to his 63,900 Twitter followers the possible short-term bullish and bearish scenarios for the meme crypto DOGE as it forms a symmetrical triangle in

Philippine regulator tells Axie Infinity players they must pay tax on income from game

Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie and other play-to-earn games. An August 23 report from Inquirer cites Philippine Finance Undersecretary Antonette Tionko as clarifying that any profits gleaned through play-to-earn

Five Red-Hot Altcoins Record Gains of 138% or More Within One Week

Five red-hot cryptocurrencies all with a market capitalization between $250 million and $8 billion have registered triple-digit percentage gains within seven days. First up is the utility token of Bitfrost’s (BFC) multichain ecosystem. The altcoin has surged by 268% after rising from a seven-day low of $0.19 to a high of $0.70, according to CoinGecko.