Category: Altcoin

Top Analyst Says He’s All In on Ethereum and These Nascent Crypto Assets

A widely-followed crypto trader and analyst says he’s going all-in on Ethereum plus three other altcoins within an emerging crypto subsector. In a new tweet, the trader who goes by Smart Contracter tells his 142,400 followers that he doesn’t even own Bitcoin currently, as he only focuses on Ethereum and decentralized finance (DeFi) assets. basically

There are now 6,710 Cardano millionaires following latest ADA surge

Cardano has rewarded its investors with significant gains this year, with a growing number of holders joining the coveted millionaires’ club following the latest ADA price surge. Since the start of the year, the number of millionaire investors in ADA has increased more than 13-fold to 6,710 as of May 17, according to United Kingdom-based

Cardano ERC-20 converter nears testnet phase

Decentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase. According to Francisco Landino, project manager at Input Output Hong Kong, or IOHK — the research and development arm responsible for Cardano — the platform’s ERC-20 migration tool is nearing testnet deployment.

MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%

Ethereum infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day. MATIC/USD 1-hour candle chart (Coinbase). Source: TradingView MATIC hits fresh record high Cointelegraph Markets Pro and Tradingview showed MATIC/USD reaching $2.18 during trading on Tuesday in firm defiance of the broader market downtrend.

Swiss Sygnum Bank to offer custody for Internet Computer token

Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said that it is the first bank to offer storage for ICP utility tokens, which debuted trading on