Category: Altcoin

Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market recovery will occur if the path laid out by the Wyckoff distribution model rings true. According to data from CoinMarketCap, the total cryptocurrency market capitalization fell

An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH). The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at $20.14 in the previous session. Its move uphill came in the wake of an overall crypto market retracement that,

Crypto analyst Benjamin Cowen thinks Cardano (ADA) is still one of the top racehorses of this market cycle, despite the sector-wide downturn in the markets this past week. In a new strategy session, Cowen tells his 467,000 YouTube subscribers that ADA is one of the few coins that has held up in the midst of

Crypto trader Michaël van de Poppe outlines key areas to hold for Bitcoin, Ethereum and Cardano amid volatile price action across the crypto markets in the last 24 hours. In a new video, Van de Poppe tells his 106,000 subscribers that Bitcoin (BTC) must stay above a key level to avoid losing 20% more of

After investing $20 in the crypto markets, one crypto trader just woke up to a one-trillion dollar fortune in his Coinbase account. Chris Williamson, a nurse from Georgia, says he invested $20 in Rocket Bunny (BUNNY) cryptocurrency on Coinbase last week. After the trade, his portfolio balance soon skyrocketed to a staggering $1,184,154,683,482.   On

Crypto analyst Jason Pizzino is tracking the performance of altcoins as the broader digital asset market continues to pull back. In a new video, Pizzino tells his 188,00 subscribers that he’s keeping a close watch on the TOTAL2 Index chart, which calculates the market capitalization of all crypto excluding Bitcoin.   According to the crypto

Dogecoin (DOGE), Elon Musk’s pet favorite cryptocurrency, has shed tens of billions of dollars in value since he publicly plugged it on mainstream TV. As sources noted this week, the meme-based altcoin’s market cap is now $69 billion down versus where it was when the Tesla and SpaceX CEO hosted Saturday Night Live. Dogecoin: 6 weeks, 70%

Cardano creator Charles Hoskinson is looking at the protocol’s longevity and whether it can compete with a series of planned upgrades to the smart contract leader, Ethereum. In an interview with Yahoo Finance, Hoskinson is asked whether ETH 2.0 has the potential to dampen enthusiasm for and adoption of Cardano.   According to Hoskinson, who

Developers of Polywhale Finance, a leading yield farm on the Polygon network, have abandoned the project in what appears to be an elaborate exit scam worth over $1 million, cryptocurrency news outlet Crypto Briefing reported Monday.  Polywhale Finance’s founders are being accused of pulling a “soft rug” exit scam by selling their tokens during the

Crypto trader and influencer Elliot Wainman says this emerging crypto sector isn’t going away. Even as growth in the crypto markets is slowing down over the past month, Wainman says that the bullish news for unique digital assets or non-fungible tokens (NFTs) has not stopped coming. Wainman points out that major news outlet CNN just