Category: Altcoin

The majority of institutional investors intend to gain exposure to digital assets for the first time within the next year, according to a new survey. In data shared with City A.M., digital asset manager Nickel Digital says that more than six in 10 institutional investors and wealth managers from the US, the UK, France, Germany,

Despite the market correction in the past two weeks, Ethereum (ETH) is displaying a few strong metrics that could be good news for long-term holders of the digital asset, according to crypto analytics firm Santiment. Santiment tells its 95,200 Twitter followers that the amount of Ethereum sitting on crypto exchanges has significantly declined in the

Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain successfully launched Plutus-powered smart contracts as a part of the Alonzo hard fork.  The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large. The smart contract functionality is meant to

A survey commissioned by digital asset platform Bakkt is revealing the most popular reason for investing in Bitcoin and other cryptocurrencies. The survey, which polled over 2,000 US consumers in July 2021, says more than half of those who purchased crypto assets in the last six months wanted to accumulate value in the long term. Other

Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports. Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions in other fiat currencies as well as “any other digital asset,”

The Internal Revenue Service (IRS) continues to propose new tax reforms to regulate the crypto investments in the United States, with the latest notice sharing tax obligations for the marijuana industry. The notice, signed by IRS Commissioner De Lon Harris, reflects the priorities of the United States federal agency to ensure cryptocurrency tax compliance among

A closely followed crypto trader is predicting a rally in smart contract platform Avalanche (AVAX) and two more altcoins, and also says that the bottom is in for Ethereum (ETH). The pseudonymous trader known as Altcoin Sherpa tells his 128,000 followers on Twitter that he has his eye on AVAX, and even though the crypto

Bitcoin bulls continued to battle with bears near the $43,000 support level on Sept. 27 as China’s crackdown on all things cryptocurrency put a halt to last week’s positive price movements and has stifled growth into the day. According to Eric Krown, a cryptocurrency trader and host of Krown’s Crypto Cave, what comes next for

Bitcoin (BTC) and Ether (ETH) recovered a large part of the losses that happened due to the knee-jerk reaction to China’s regulatory crackdown on Sept. 24. This suggests that crypto markets have absorbed the news-based selling, with long-term investors likely using the dip to accumulate. However, a rally may have to wait as market participants

Widely followed crypto market analyst Nicholas Merten is expecting altcoins in the decentralized finance (DeFi) sector to rally. In a recent market update, Merten tells his 472,000 YouTube subscribers that the overall DeFi sector looks ready to break out to new all-time highs.   “I think that this is a broader trend in the crypto