Category: Altcoin

Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days. This positive momentum has been decimating

There’s more to crypto than Elon Musk’s frequent (and frequently misguided) tweets on the subjects of Bitcoin (BTC) and Dogecoin (DOGE). And although the brilliantly visionary CEO/Securities and Exchange Commission-baiting meme king may have positioned himself as a news cycle unto himself, crypto news has the power to influence major price action across the altcoin

Within the last hour, Bitcoin’s (BTC) price dropped by more than 3%, extending the decline that started on May 12 and saw the digital asset drop as low as $46,000 on some exchanges. Initially, it was Tesla’s May 12 announcement that it would stop accepting Bitcoin as payment over environmental concerns, along with technical weakness

Cardano (ADA), the fourth-largest cryptocurrency, hit new all-time highs on May 13 as bulls refused to follow the broad market downtrend.  ADA/USD 1-hour candle chart (Binance). Source: Tradingview ADA wows weary traders Data from Cointelegraph Markets Pro and TradingView confirmed new record highs for ADA/USD on Thursday, with the pair touching $1.96. The move is impressive

A Dogecoin (DOGE)-focused division of publicly traded over-the-counter software firm AppSwarm is looking to bring together global development teams to build off of the Dogecoin blockchain. DogeLabs — a newly launched division of AppSwarm’s blockchain research lab, TulsaLabs — announced Wednesday a new initiative calling on DevOps teams to unite their efforts in building a

Uniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin.  In a proposal submitted to Uniswap’s governance platform, Buterin said that a successful decentralized finance, or DeFi, ecosystem relies on a “highly secure pricing oracle,” noting that algorithmic stablecoins, synthetic assets and collateralized loans

A popular crypto trader is shining the spotlight on two privacy-centric coins that he says are preparing for major breakouts. Kaleo, the pseudonymous analyst in question, believes that Zcash (ZEC) is looking bullish and ready for a significant move upward. The trader notes that the ZEC/BTC chart appears eerily similar to the Ethereum Classic (ETC)

Although Aave was launched in the beginning of 2020, it has experienced significant growth in total deposits and daily deposits since the summer of 2020. Overall, Aave has totalled over $45 billion in deposits, with 2021 seeing the protocol average $231 million in deposits per day. More than 46,000 unique Ethereum users have become lenders

Popular crypto trader Aaron Arnold is a Cardano (ADA) bull. Arnold tells his 750,000 YouTube subscribers that he is optimistic about the Ethereum rival because he thinks it will ride on the wave of ETH’s success. “I am a Cardano bull this cycle. I think there are plenty of reasons to be bullish on Cardano.

Bitcoin’s (BTC) recent price action has disappointed most investors, especially when one considers that the total altcoin market capitalization rallied 24% in nine days to reach a $1.35 trillion all-time high on May 9.  Bitcoin’s 62% accumulated gain in 2021 has BTC traders feeling somewhat frustrated with altcoins and meme coins pumping to new daily