Category: Altcoin

DYDX gains 80% in a week — What’s driving the DEX token rally?

Decentralized exchange dYdX’s native token DYDX surged by nearly 80% this week as traders assessed its potential against China’s recent ban on crypto transactions. The DYDX price hit a new high of $26.50 on the FTX exchange after trading at around $13 a week ago. The China ban was an apparent boost for the dYdX

Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder

“Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph.  Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play a major role in ensuring the long-term success of Ethereum through its scalability solution.

Here’s How Low Cardano, Litecoin, and Polkadot Could Drop, According to Crypto Strategist Justin Bennett

Crypto market analyst Justin Bennett is giving an update on his outlook for Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). Bitcoin has been selling off gradually since topping out just under $53,000 in early September. Bennett expects lower altcoin prices in the short term as BTC looks for stability.   Starting with Cardano, the strategist

BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin

Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what

Stablecoin launch and NFT integration back COTI’s rise to a new all-time high

The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT). One project that has benefited from the increased capabilities of blockchain technology and the recent launch of