Category: Altcoin

Altcoins are still flashing bullish signals but Bitcoin’s steady slide toward its swing low could put a damper on the market’s positive sentiment.

Bitcoin (BTC) available on exchanges is about to hit its lowest levels ever, the latest data shows. As noted by Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, exchange reserves have returned to all-time lows last seen in early May. Time for another Bitcoin “sell-side liquidity crisis?” As of Thursday, the latest date for

Bitcoin (BTC) ranged below a critical weekly close target on Sept. 10 as analysis warned its multi-week uptrend was in danger.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price lags $1,500 below crucial level Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at around $46,000 Friday after rejecting near $47,450 the day before.

  Smart contract platform Cardano (ADA) has confirmed the launch of its highly anticipated Alonzo mainnet this month. Input Output Honk Kong (IOHK) broke the news for its 180,500 Twitter followers, saying that the team successfully proposed the implementation of the mainnet on September 12th.   “LAUNCH CONFIRMED: Today, around 17:26 UTC, we successfully submitted

Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that benefited from a recent uptick in adoption is Algorand (ALGO), a pure proof-of-stake protocol aiming to become the go-to base layer for the global financial industry.  ALGO/USDT 1-day chart. Source: TradingView Data from Cointelegraph Markets Pro

Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s (BTC) midweek swoon that halted many altcoin rallies. Despite Bitcoin’s price dropping below $43,000, FTM has added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days.  FTM’s monthly stats

On Sept. 9, bulls made a strong showing as Algorand (ALGO) and Solana (SOL) each steamrolled to new highs even as Bitcoin (BTC) continues to flounder under the $47,000 mark.  The strong performance from the altcoins gives further credence to the argument that the market is in an “altseason,” a phase that is typically characterized

Bitwise Asset Management just launched a new index fund which caters to investors specifically interested in altcoins. The San Francisco-based firm’s new “Ex Bitcoin” offering includes popular cryptocurrencies such as Ethereum (ETH), Cardano (ADA), and Bitcoin Cash (BCH), among others.   BTC’s total market capitalization of crypto has fallen from 69% to 41% in the

Crypto exchange Coinbase is adding two decentralized (DeFi) low-cap altcoins to its platform. The Ethereum-based tokens Rari Governance Token (RGT) and XYO Network (XYO) made their Coinbase Pro trading debut on Wednesday, according to Coinbase.   RGT powers Rari Capital, a DeFi platform for lending, fee discounts, and protocol governance. XYO supports a network that

The nonfungible token (NFT) sector has seen an explosion of interest all throughout 2021 and the month of August witnessed record-breaking trading volumes as one-of-a-kind digital collectibles sold for prices in excess of $1 million dollars on a regular basis.  As is usually the case in the cryptocurrency ecosystem, hot sectors can cool down in the