Category: Altcoin

Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors

Zimbabwe’s minister of information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC). The rumor about Zimbabwe’s crypto adoption was sparked based on numerous reports quoting Charles Wekwete,

Analyst Michaël van de Poppe Unveils Massive Price Target for Litecoin, Outlines Bullish Scenarios for Two More Altcoins

Closely followed trader and analyst Michaël van de Poppe is unveiling his bull market target for Litecoin (LTC) while mapping out potential plays for two low-cap altcoins. In a new strategy session, Van de Poppe tells his 142,000 YouTube subscribers that peer-to-peer payments network Litecoin can potentially ignite a 286% rally before the current market

Trader Who Called Bitcoin Collapse in May Predicts BTC Will Keep Surging, Says One Altcoin Coiling for Huge Breakout

With Bitcoin breaking through new all-time highs, a closely followed crypto trader is expecting bullish BTC continuation while one altcoin on his radar prepares for liftoff. Crypto market strategist Dave the Wave tells his 82,700 Twitter followers that Bitcoin is appreciating within a rising channel with an upside around $75,000 and a downside around $55,000.

‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms

Ethereum-Based Altcoin Backed by Coinbase Ventures Surges 150% in One Day, Enters Top 100 Crypto Assets by Market Cap

An altcoin backed by Coinbase Ventures and Digital Currency Group is surging after a month of big milestones. Ethereum-based video streaming project Livepeer (LPT) soared to a new all-time of high today of $100.99, rallying more than 152% within a 24-hour period. Livepeer says it’s working to build “scalable and cost-effective” solutions for online video

One Crypto Sector Is Getting the Attention of Institutional Capital, According to Digital Lending and Trading Firm

Digital currency prime broker Genesis says that institutional investors are starting to move into one crypto sector. Genesis says in a new report that the firm saw greater demand for leading smart contract platform Ethereum (ETH) during Q3 as its institutional clients engaged with decentralized finance projects. “With rising adoption on DeFi platforms, Genesis saw

Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here’s Why

Shiba Inu (SHIB) could be in for some rough times ahead, says Mike McGlone, Bloomberg Intelligence senior commodity strategist. In the latest edition of the Bloomberg Crypto Outlook, McGlone refers to the popular memecoin as a “Dogecoin wannabe” and “an example of excesses among 13,000 cryptos.” SHIB made headlines in recent months due to jaw-dropping