Category: Altcoin

Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be classified as the final hurdle before a new all-time highs. This correction started when Michael

Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Too late for “dirt cheap” Bitcoin? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding necessary support levels for bullish continuation through Tuesday. The pair had dipped to within the $48,000

The latest rally in the Cardano (ADA) market has activated a classic bearish pattern that threatens to lower its prices by as much as 15%. Dubbed as Rising Wedge, the textbook pattern forms when the price consolidates between upward sloping resistance and support trendlines. Its occurrence typically prompts a bearish reversal, confirmed by a voluminous

Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm Inacta to introduce new digital financial products based on Tezos, a decentralized,

Widely followed crypto strategist and trader Scott Melker is keeping a close watch on Cardano, Cosmos and three more altcoins that he says are poised to ignite huge rallies. In a new strategy session, the crypto analyst tells his 78,100 YouTube subscribers that it is clear skies for Cardano after the smart contract platform breached

Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week. On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT, aiming to simplify trades between XMR and Bitcoin (BTC). Following

Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running

Digital asset manager CoinShares says Ethereum competitor Solana recorded more institutional capital inflows than any other crypto asset last week. In its weekly report, the firm says Solana recorded more than twice the amount of institutional capital than Ethereum.   “Solana, a competitor to Ethereum offering a flexible infrastructure and faster transaction settlement, saw the

Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a major milestone that highlights the explosive growth of DeFi lending services.  Benqi Finance announced the milestone on Twitter late Sunday, where it thanked its community for the overwhelming support.

Bloomberg, a global business and financial news giant, is expanding its coverage of the crypto markets with a new decentralized finance (DeFi) index. In a new press release, Bloomberg says the company is teaming up with digital asset manager Galaxy Digital to launch Bloomberg Galaxy DeFi Index, which will use the ticker symbol “DEFI.” The