Category: Altcoin

A supersonic rally in the Axie Infinity market that saw its native token AXS surge by 972% in just 23 days is now risking exhaustion. AXS price Fib fractal The AXS/USD exchange rate plunged to as low as $16.02 on Monday, four days after topping out at $29.86. In doing so, the pair attempted to

The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding round for Ethereum-themed documentary dubbed Ethereum: The Infinite Garden has surpassed its goal of 750 Ether (ETH), raising a total of 1,035.96 ETH worth $1.9 million as of July 16,

Top crypto analyst Benjamin Cowen is outlining why he believes scalable blockchain platform Cardano (ADA) is performing well amid a broader corrective period in the crypto markets. In a new video, Cowen reasons that the fifth-largest asset by market cap is trending well because its platform is easy to use and to validate. Cardano’s validators

While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July

Mark Mobius, renowned emerging markets investor and co-founder of Mobius Capital Partners, believes upcoming actions from the Federal Reserve could drag down the cryptocurrency market.   In an interview with Kitco News, Mobius says he expects financial markets, particularly cryptocurrencies such as Bitcoin and Ethereum, to drop if the Federal Reserve decides to rapidly taper

Cardano creator Charles Hoskinson says that his development company Input Output Global (IOG) has created its own stablecoin crypto. IOG describes the new coin, called Djed, as a “crypto-backed pegged algorithmic stablecoin.”   “Djed [is] an algorithmic stablecoin protocol that behaves like an autonomous bank that buys and sells stablecoins for a price in a

Crypto research firm Messari is analyzing the most commonly held altcoins in the portfolios of crypto-focused venture capital firms and hedge funds. Messari assumes most of the funds hold Bitcoin and Ethereum – and for that reason excludes the top two crypto assets from its report.   With BTC and ETH aside, the interoperability protocol

An infamous hacker group known as Anonymous is launching its own crypto asset in response to actions from China and tech billionaire Elon Musk. Originating in a 2003 message board on 4chan, Anonymous established its worldwide notoriety through a series of cyberattacks on several governments, institutions and corporations.    The group notably carried out cyber attacks

Bitcoin (BTC) passed $32,000 later on July 16 as positive reactions over Bank of America’s (BoA) Bitcoin futures go-ahead continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin nears $32,300 point of interest  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising 1.4% on the day to hit new local highs of $32,150 on Bitstamp.

Cryptocurrency analyst Jason Pizzino is outlining his expectations for Cardano (ADA) in the second half of the year. Pizzino says the charts show “buyers are running away” from ADA, and the asset’s technicals are not looking good in the short term.   Pizzino believes ADA could drop below $1 in the weeks and months ahead,