
Monero (XMR) Emerges Top Gainer as Miners Reverse Qubic’s 51% Attack and Kraken Restriction
Monero (XMR) surged 7% Sunday, rebounding above $260, as miners reversed Qubic’s 51% attack after Kraken imposed deposit restrictions.
Monero (XMR) surged 7% Sunday, rebounding above $260, as miners reversed Qubic’s 51% attack after Kraken imposed deposit restrictions.
Mantle rallies 30% in 48 hours, Bybit partnership fuels new MNT use cases, derivatives data shows resistance near $1.40.
Cardano has rallied 20% over four trading sessions, briefly breaking the $1 psychological level before consolidating near $0.93 following Bitcoin’s retreat.
Analysts predict Binance Coin (BNB) could hit $2,000 this year amid strong market momentum and key breakout levels.
Pudgy Penguins’ native token PENGU price climbed to $0.03764 with a 17.5% spike in daily volume, eyeing a potential breakout on the chart.
Pump.fun has launched a large-scale buyback program, purchasing 175.3 million PUMP tokens earlier today.
OKX made the strategic decision to upgrade its X Layer, with the aim of building it into a leading public chain with a dedicated focus on DeFi, payments, and RWA applications.
Dogecoin price rally extends weekly gains to 19%, forming a bullish “Golden Cross” pattern, historically linked to major rallies.
Omni Network has announced a complete rebrand aimed at simplifying DeFi for everyone, unveiling plans for a new name, logo, and user-focused product vision.
EDEN, the native token of Eden Network, soared 70% in the past day following the project’s closure announcement.
Solana briefly touched the psychological level of $200 earlier today, currently trading around $196, backed by a major institutional tokenization milestone.
Solana jumped 7% to $185 following Upexi’s announcement of Arthur Hayes joining their crypto advisory committee. The move sparked increased trading activity and renewed investor confidence in SOL’s upward trajectory.
Circle has minted over $588 million in USDC within 24 hours amid a bullish crypto market and S&P 500 reaching new all-time highs, potentially kickstarting an altseason.
PUMP token jumped 15% on Monday, reaching $0.0004 and a $1.3 billion valuation as Pump.fun regained its position as Solana’s top memecoin launchpad with 67% market share.
BNC’s record-breaking $160 million purchase signals growing corporate interest in BNB as a reserve asset.
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.