Category: Altcoin

Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio

Grayscale Investments, a New-York based crypto asset manager, includes Solana (SOL) and Uniswap (UNI) after rebalancing its basket of Grayscale Digital Large Cap Fund (GDLC) portfolio.  The quarterly rebalancing of GDLC is done by selling existing components of the portfolio for cash and procuring performant crypto assets. Based on the adjustment, Solana and Uniswap make

Cardano Creator Says Nations Will Use Crypto Tech to Power Wide Swath of Government Operations

The founder of Cardano (ADA) believes nation-states will one day rely on smart contract platforms to power wide swaths of their government operations. Speaking at Cardano Summit 2021, Charles Hoskinson says that new systems of governance operating on blockchain technology could arise due to general unhappiness with current centralized institutions.   “People are fundamentally unhappy

Michaël van de Poppe Predicts Big Q4 for Bitcoin, Ethereum, and Three Altcoins, Tracks Cardano and Solana Trajectories

Popular analyst and trader Michaël van de Poppe sees leading cryptos Bitcoin (BTC) and Ethereum (ETH) heading back toward all-time highs while predicting rallies for several altcoins. In a new strategy session, Van de Poppe tells his 131,000 YouTube subscribers that he’s keeping an eye on $44,000 as a key level BTC needs to break

Altcoins take the next leg up after Bitcoin price holds $47.5K

Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions.  The altcoin market quickly followed suit with a majority of the tokens in the top 200 registering

Altcoin That Has Soared 13,000% Year-to-Date Gifts Over $60,000,000 Worth of Coins to Early Adopters

Red-hot gaming altcoin Axie Infinity (AXS) is redistributing over $60,000,000 of AXS tokens to players who helped pioneer the project’s launch in 2020. Since the beginning of this year, Axie Infinity has skyrocketed over 13,000%, with the token seeing wide adoption from crypto enthusiasts and gamers alike.   To celebrate the release of the token’s

‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes liquidating $270M in shorts

Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under an hour. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Goodbye bears” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $47,800 on Bitstamp, jumping $3,000 in minutes. A familiar setup for traders,