Category: Altcoin

Polkadot Looks Ready To Fly Ahead of Parachain Auctions, According to Closely Followed Crypto Trader

A popular crypto trader and analyst says smart contract platform Polkadot (DOT) looks primed for more rallies as the highly anticipated parachain auctions approach. Parachain auctions involve users bidding on crypto assets to see which network will receive a parachain slot, which is a custom blockchain that confirms transactional accuracy.   The pseudonymous trader known

Shiba Inu Surpasses Dogecoin, Becomes 9th Largest Crypto Asset As Top US Exchange Appears Ready To List Popular Altcoin

Popular crypto asset Shiba Inu (SHIB) is outpacing its primary competitor as the crypto exchange Kraken appears ready to list the dog-themed memecoin. SHIB has officially surpassed Dogecoin (DOGE) in terms of market cap, according to CoinGecko, and is now the ninth-largest crypto asset by that measure.   The meme token “flippening” occurred a little

Hydra Scalability Solution for Cardano Is High Commercial Priority, Says Founder Charles Hoskinson

Cardano (ADA) and Input Output Hong Kong (IOHK) founder Charles Hoskinson says Hydra, Cardano’s scalability solution, is “going very well.” The chief executive of the Cardano developer tells his 287,000 YouTube subscribers in a new ask-me-anything session that the company has devoted a “huge amount” of work to Hydra and plans to keep adding resources

Is ‘Bitcoin season’ real or a maximalist theory?

With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.”  This basically refers to a window of time where money flows from various altcoins back

Bitcoin price consolidation ‘could be over’ says trader as Ethereum, Polkadot hit all-time highs

Bitcoin (BTC) is in line for continuation of its bull run, fresh analysis says as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $62,500 eyed for BTC price bounce As data from Cointelegraph Markets Pro and TradingView tracks Bitcoin’s best day for a week, confidence in higher levels is building. Earlier

Game over! Squid Game-inspired crypto scam collapses as price crashes from $2.8K to zero

A cryptocurrency inspired by Netflix’s internationally hit TV show “Squid Game” scammed investors in what appears to be a $3.38 million “rug pull” scheme. Dubbed “SQUID,” the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at 09:35 UTC, Nov. 1. The deadly drop surfaced following a 75,000% bull run, showcasing

Real Dogecoin Rally Will Happen Once DOGE Takes Out This Price Level, According to Crypto Analyst

A popular crypto trader says Dogecoin (DOGE) needs to break through one critical price level before it surges upwards. The pseudonymous analyst known as Altcoin Sherpa tells his 141,200 Twitter followers that the meme crypto asset will likely continue to consolidate until it breaches its immediate resistance.   “DOGE: The real party happens when $0.35