Category: Altcoin

Bitcoin (BTC) began testing new support levels on Monday after an overnight rally paused at $52,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin needs to keep $47,000 to avoid “breakdown” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD challenging $51,000 after breaking through the level for the first time in nearly four

The United States Securities and Exchange Commission (SEC) published a new alert about investment scams related to digital assets and cryptocurrency.  The announcement shared by the SEC’s Office of Investor Education and Advocacy and Division of Enforcement’s Retail Strategy Task Force highlighted the “devastating losses” faced by the retail investors due to scams. The SEC

While originally spruiked as a futuristic city inspired by the Marvel movie Black Panther that would emerge as a “beacon of innovation and human development” and bolster the West African and Senegalese economies by Akon in 2018, there are few signs of the city’s development beyond a ceremonial stone that was laid in a field

A prominent crypto strategist and trader is eyeing breakouts for three lagging altcoins while waiting for Chainlink (LINK) to catch fire. The analyst known in the industry as Inmortal tells his 63,200 Twitter followers that peer-to-peer payments network Litecoin (LTC) has broken out of consolidation and is poised to rally to his target at $260.

Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%. However, Bitcoin’s hesitation in the past few days has not

Closely followed crypto strategist and trader Michaël van de Poppe is keeping a close watch on XRP as he says the sixth-largest crypto asset is starting to gather some momentum. In a new strategy session, the crypto analyst tells his 120,000 YouTube subscribers that XRP is threatening to launch a 46% rally from its current

Five under-the-radar crypto assets are in a hot streak, up by 144% or more over a period of one week as the digital asset market continues to rally.  One of the best-performing altcoins this week is Function X (FX), which currently holds a market cap of $314 million. The project aims to mirror traditional financial

A low-cap altcoin has more than doubled its price in just one week after pulling off a huge milestone. Polymath (POLY) tells its 50,500 Twitter followers that its Polymesh Incentivized Testnet (ITN) has been upgraded to a new version. The update paves the way for the availability of decentralized applications (DApps) on the protocol’s testnet.

Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend. A “descending channel,” also known as a

South Africa’s financial regulator issues a warning to anyone thinking about investing with global crypto exchange Binance. Investors should be “cautious and vigilant” about dealing with the crypto exchange because the company is “not authorized to give any financial advice or render any intermediary services” in South Africa, according to a press release by the