Category: Altcoin

Altcoins soar after Bitcoin price bounces off a key moving average

The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level.  While most altcoins were

62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading

Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue. According to its second-quarter financial results published Aug. 18, the firm generated $233 million from crypto trading services for the quarter, up from $5 million for the entirety of 2020. More than 60%

3 developments signal that Verasity (VRA) price may have bottomed

The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%. One project whose native token price appears to have bottomed out after an 87% decline from its all-time high is Verasity, an e-sports-focused blockchain protocol focused

New Investors Adopting Dogecoin at Levels Not Seen Since 2017 Bull Run, According to Chainalysis – But There’s a Catch

Blockchain data platform Chainalysis says that the popularity of Dogecoin (DOGE) among new investors is surging and hitting levels not seen in nearly four years.   Chainalysis says in a new report that new investors are adopting the meme coin in a manner reminiscent of the crypto bull market in late 2017. “Of course, demand

These 2 indicators gave traders a buy signal hours before Filecoin and Near rallied

In financial markets, the uneven distribution of information comes hand-in-hand with theuneven distribution of economic power. The cryptocurrency market is no exception and oftentimes those with insider knowledge or access to industry-grade data intelligence tools can put their digital assets to work in ways the everyday retail investor could never do. Still, regular traders can