Category: Altcoin

Crypto Newcomer Explodes After Abrupt Altcoin Listing on Binance

A small-cap altcoin is shooting into the stratosphere after earning support from the global crypto exchange Binance. The governance token Tranchess (CHESS) officially began trading today.   News of the coin’s listing triggered a 185% rise in the price of the asset – from $2.77 to $7.91. Its value has since settled to $5.09 at

Altcoins breakout even as Bitcoin price falls to $60,000

Today Bitcoin (BTC) price and Ether (ETH) price pulled back to lower support levels after an exciting week that saw BTC soar to a new all-time high after the successful launch of two exchange-traded funds.  While much of the focus has been on BTC and Ether, multiple altcoins have racked up notable gains on as some traders appear

Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum BTC buy-in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day. A

Here’s What’s Driving Price of Bitcoin, Ethereum, Polkadot and Other Crypto Assets, According to Kraken Executive

An executive at the US-based crypto exchange Kraken is sharing his thoughts on the catalysts behind the explosive growth of several top crypto projects. In a new CNBC interview, Kraken chief product officer Jeremy Welch says the rising pace of adoption and technical advances are fueling the resurgence of the largest cryptocurrency by market cap,

New proposal aims to raise Binance Coin value by burning BSC fees

Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas

Three Altcoins Poised To Explode After Bitcoin’s Big Breakout, According to Crypto Analyst Inmortal

A popular crypto analyst is mapping out some big price predictions for three large-cap altcoins. The pseudonymous trader Inmortal tells his 95,000 Twitter followers that in order for the crypto market at large to remain bullish, Bitcoin (BTC) now needs to hold above $61,000.   If that happens, Inmortal predicts the leading smart contract platform

Crypto Lending Platform Celsius Responds to New York Attorney General’s Shut Down Order

Celsius Network is fighting back against the perception that regulators have cracked down on its operations. The crypto lending company issued a statement this week saying “Celsius is here to say” and “working closely with regulators.” Celsius also clarifies that it did not receive a cease-and-desist order from authorities in New York State.   Earlier