Category: Altcoin

Top Crypto Strategist Says One Ethereum Challenger Looks Insanely Bullish, Predicts Rallies for Four Other Crypto Assets

A closely followed crypto analyst and trader says one explosive altcoin continues to look bullish while predicting rallies for four additional crypto assets. Trader Scott Melker tells his 673,200 Twitter followers that he expects smart contract platform Avalanche (AVAX) to print a fresh all-time high above $100 after retesting key support around $80. “New all-time

Litecoin hits six-month high as LTC price soars 20% in 24 hours

Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng —

Here’s What’s Next for Shiba Inu, THORChain and Three Additional Altcoins: Crypto Analyst Michaël van de Poppe

Popular crypto strategist and trader Michaël van de Poppe is mapping out the potential path ahead for Shiba Inu (SHIB), THORChain (RUNE) and three other altcoins. The crypto analyst tells his 475,800 Twitter followers that he’s looking at two possible trade scenarios for Shiba Inu where the meme coin could bounce. “This one is in

DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction

Decentralized finance protocol Acala announced Monday that they have raised 8.5 million DOT (worth $451.8 million at time of publication) from over 53,000 participants. The protocol is also set to win the first parachain auction on Polkadot. Unlike typical crowdfunding rounds, Acala’s financing mechanism is a crowdloan, which means it will eventually need to pay back

Telos raises $8M funding before EVM launch to avoid token sales

Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives. Telos aims to redirect the recently secured capital on the platform’s development and marketing in addition to

Brave to integrate with Solana blockchain on its privacy-enabled browser

During Solana’s Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among

OTOY’s Render Network plans to render the metaverse on Solana

Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of an open cloud-based metaverse via the Render Network — the first decentralized GPU rendering network & 3D marketplace built on OTOY’s OctaneRender NFT ecosystem. While at the

Raoul Pal Says Solana and Terra Following Ethereum’s Explosive 2016 Rally – Here’s Why

Macro guru Raoul Pal says smart contract platform Solana (SOL) and stablecoin-focused blockchain payment system Terra (LUNA) could be following the same parabolic price trajectory of Ethereum in 2016. In a new interview on Real Vision, Pal says that because of the cyclical nature of network effects, Ethereum is currently mirroring Bitcoin’s 2017 bull cycle.