Category: Altcoin

The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of the market, several altcoins have managed to post gains in excess of 22% as

A closely followed crypto analyst is laying out where he thinks the critical support levels are for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) as the digital asset markets correct. In the latest Technical Roundup weekly newsletter, the pseudonymous analyst known as Cred says that a bullish structure remains intact for Bitcoin in the long-term

Binance, the world’s largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after its launch on Aug. 31, 2020.  According to BscScan, the daily number of transactions on the blockchain

After tapping a new all-time high just one week ago, a sharp correction has sent the price of Bitcoin below the $60,000 mark. A precipitous drop in BTC and the overall crypto markets over the past 24 hours has triggered liquidations across exchanges as traders became unable to meet margin requirements in their leveraged positions.

Crypto analyst Benjamin Cowen thinks that the blockchain oracle Chainlink (LINK) is undervalued. Cowen tells his 582,000 YouTube subscribers that the decentralized network’s native token, LINK, has been one of his top holdings for a long time. He predicts LINK will continue to trend up with time, though he notes it hasn’t been surging as

Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bites into major buy wall Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15. The move follows multiple retests of

Shiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the token’s

While clashing in court with US regulators, Ripple Labs continues to launch its XRP-powered cross-border payment product, On-Demand Liquidity (ODL), in new regions of the world. ODL works by leveraging XRP to eliminate the necessity for pre-funded accounts in cross-border payments. The San Francisco-based company announced this week that it is deploying ODL in the

Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports.  The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s

Four under-the-radar altcoins are printing massive gains this week as the crypto markets continue to flash signs of bullish momentum. One of the week’s top gainers is Kadena (KDA), a high-throughput hybrid blockchain protocol.   CoinGecko shows that the altcoin rallied from a seven-day low of $2.77 to a new all-time high (ATH) of $8.18,