Category: Altcoin

Celer (CELR), Cartesi (CTSI) and Compound (COMP) rally as DeFi heats up

Bitcoin bulls are still struggling to push the price to a new high but the positive sign is that BTC has not corrected sharply in the past few days and the top-ranked cryptocurrency has held a market capitalization above $1 trillion since March 26.  While many are wondering what Bitcoin’s next move will be, a Bloomberg Intelligence report

What’s behind the new rally?

The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair, causing it to see significant technical momentum.  XRP/BTC 1-month price chart (Bitstamp). Source: TradingView.com

India’s largest crypto exchange launches NFT marketplace after 2,000% token surge

India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports India’s Economic Times. The launch comes hot on the heels of a month when WazirX’s in-house exchange token, WRX, gained almost 2,000% in value, as its price jumped from $0.27 to $5.66.

CoinShares launches physically-backed Litecoin ETP

European digital asset manager CoinShares continues to actively expand its physically-backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP. According to an April 6 announcement, CoinShares has launched its CoinShares Physical Litecoin. Listed under the ticker symbol LITE, each unit of the Litecoin ETP is backed with 0.2 LTC ($45) at launch, providing