
Chainlink Investors Go Bullish as LINK Price Surges 9%, Major Breakout Soon?
Chainlink (LINK) surged 9% as bullish momentum intensified, with data hinting at a potential breakout.
Chainlink (LINK) surged 9% as bullish momentum intensified, with data hinting at a potential breakout.
Charles Hoskinson is confident that UTXO-based virtual machine Starstream will play a crucial role in Cardano’s future.
PEPE surged 10%, reaching $0.00000869 amid whale accumulation, with a crypto whale withdrawing 2 trillion PEPE coins from Binance over the past week.
Dogecoin (DOGE) has surged 5% in the past day, reclaiming the $0.18 mark amid a bullish falling wedge formation on the daily chart.
Pi price gained 11% today, reaching $0.65, amid rumors of Binance listing, supported by a 133% jump in daily trading volumes to over $100 million.
Litecoin price jumped 13% today, reaching $92.5, with trading volumes soaring 66% to $900 million.
NEAR Protocol saw a 50% surge in trading activity on Wednesday amid Bitwise’s recent SEC filing for a spot NEAR ETF.
Over 1 million TRUMP tokens, valued at $10.84 million, were withdrawn from Binance in a single transaction, highlighting significant institutional interest.
Shiba Inu’s burn rate jumped 656% as over 16 million tokens were removed from circulation in 24 hours
Celsius (CEL) plunged over 13%, as legal tensions surrounding ex-CEO Alex Mashinsky led to investor caution.
Blockchain analytics firm Nansen attributes the rally to significant participation from “smart money” wallets, with $14.2 million in inflows over 30 days.
The SEC’s announcement to postpone a decision on the Canary Funds Litecoin ETF led to a 6% drop in LTC price, which is now trading at $82.38.
The price of Litecoin rose 5% ahead of an anticipated US SEC decision on the Canary Capital spot ETF proposal.
After rebounding nearly 9% over the past month, Avalanche (AVAX) is showing signs of bullish momentum.
The Solana Foundation resolved a critical vulnerability affecting the Token-2022 and ZK ElGamal Proof programs.
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.