Small cap altcoins have been one of the best performers in recent times, the NewsBTC reported. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability once more […]
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Tag: altcoins
Altcoin Roundup: DeFi Token Prices are Down, but Utility is On the Rise
As the Cointelegraph announced, DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens. The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the […]
Bitcoin Rallies as Altcoins Take the Lead
Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR, the CoinDesk reported on February, 4. Bitcoin (BTC) and other cryptocurrencies rallied on Friday, reversing losses from a few days ago. Alternative cryptocurrencies (altcoins) outperformed as ether (ETH), the world’s second-largest cryptocurrency, gained 13% over […]
3 Blockchain Protocols Taking the Supply Chain Crisis Head-On
Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem […]
Altcoin Roundup: There’s More to DeFi than Just Providing Liquidity
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi, the Cointelegraph writes. The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a […]
Bitcoin Volatility Continues as BTC Price Closes in on Critical Weekly Close
It’s all about what happens to Bitcoin price action by the end of the week as $1,000 swings up and down remain, the Cointelegraph reported. Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close. Trader: Bitcoin “fine” above $38,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD […]
Traders Hope for a New Altcoin Season Now that Bitcoin Turned $45K to Support
Bitcoin’s consecutive daily closes above $45,000 were followed by a 40% rally from ICP, RVN, VGX and EGLD, leading traders to believe that a new altcoin season is starting. This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. […]
Bitcoin Price Seeks Higher Low as Trader Forecasts $45K Breakout Within Weeks
Bitcoin will need several attempts, but resistance should ultimately fall to bulls, however, a healthy consolidation is also required, market participants explain. Bitcoin (BTC) traded steadily on Tuesday after a surge above $40,000 resulted in higher levels broadly holding. All eyes on Bitcoin higher lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $37,000, around 8.8% […]
Altcoins Secure Double-Digit Gains After Bitcoin Surges Toward $33K
TEL, MATIC and AXS soared higher as Bitcoin’s relief rally to $32,800 lifted the entire market, the Cointelegraph reported. Charts turned green as Bitcoin (BTC) price rallied to $32,858, but a number of analysts also cautioned that the market may not be out of the woods yet. Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the […]
NEM, Augur and District0x Price Push Higher while Bitcoin Trades Below $32K
Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000, the Cointelegraph reported on July, 17. Bitcoin (BTC) is on the verge of closing another week that saw the price dip closer to $30,000 but the same bearish observation cannot be made for […]