Category: Altcoin

Small-Cap Altcoin Built on Polkadot Spikes After Earning Support From Crypto Giant Binance

A highly anticipated Polkadot-based project went soaring after crypto exchange Binance announced plans to list the token. Moonriver (MOVR) is a smart contract platform that features complete Ethereum compatibility. The project aims to make it easy to use popular developer tools to build or redeploy projects based on the Solidity programming language. It utilizes the Ethereum

Huobi Group is moving to Gibraltar following China crackdown

Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown. According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading operations to affiliate Huobi Technology (Gibraltar) Co. As a result, Huobi

Kraken Details Massive Short-Term Price Target for Solana, Analyzes Ethereum’s Dominance of Crypto Market

The US-based crypto exchange Kraken is analyzing the short-term potential of smart contract platforms Ethereum and Solana. Kraken’s October market recap notes that Solana (SOL) is riding a fresh wave of support from institutional investors. “After climbing into the top five crypto assets by market cap, SOL has continued to attract increasingly greater attention from

Zimbabwe may be the next country to embrace Bitcoin as legal tender

Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector. Zimbabwe’s government is considering utilizing Bitcoin (BTC) as a legal payments option to meet this growing demand and harness the technology,

Kazakhstan Senate approves legislation regulating crypto service providers

According to new legislation passed by the upper house of the country’s national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast.  The new law extends the country’s financial monitoring system to cover crypto service providers. The new legislation would also establish a

Crypto markets tag $3T combined market cap for first time

With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken above $3 trillion for the first time. According to CoinGecko, the total crypto capitalization broke into new highs above its previous record of $2.62 trillion

BTC, DOT, LUNA, AVAX, EGLD

Bitcoin’s (BTC) dominance has dropped from about 48% on Oct. 20 to 42.3% on Nov. 7 while the total crypto market capitalization has continued its northward journey. This indicates that the price action has shifted from Bitcoin to altcoins. CryptoQuant CEO Ki Young Ju said that Bitcoin whales are selling but this has not resulted

Meme tokens and dogcoins flood the market as price wars heat up

Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started

Four Altcoins Including Binance Coin and Avalanche Primed To Hit the Stratosphere, According to Popular Crypto Analyst

A widely followed crypto analyst and trader says epic rallies are on the horizon for Binance Coin (BNB), Avalanche (AVAX) and two more altcoins. Pseudonymous trader Smart Contracter tells his 178,800 Twitter followers that he believes BNB, the utility token of crypto exchange Binance, is in the midst of an uptrend that can push the