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Bitcoin sentiment hits most bearish levels, but this could be great news for Ethereum altcoins
11.7.2024
With Bitcoin’s (BTC) ongoing downturn and strong bearish sentiment from traders, this is great news for Ethereum (ETH) altcoins. As a result, many investors are turning to altcoins on the Ethereum blockchain, like RCO Finance (RCOF), which currently has more stability and potential...
Why is Solana (SOL) price up today?
9.7.2024
Solana price is up today as investors’ excitement over a potential spot SOL ETF turns traders bullish on the altcoin
Ethereum and altcoins plunge as bear market takes hold
5.7.2024
The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast. If the entire crypto space is considered, there has been an overall downfall of 4.8%, with the figure standing...
High expectations from Altcoins as Ethereum ETF Approval nears
4.7.2024
The launch of the Spot Ethereum ETF will be a boom time for altcoins due to their association with Ethereum. The crypto market is currently undergoing a consolidation phase, and altcoins show mixed responses from investors. Experts in the digital asset market expressed the belief that the altcoin...
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
4.7.2024
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities
South Korea crypto body says mass token delistings ‘unlikely’ amid new laws
3.7.2024
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months
Aave DAO Launches GHO Stablecoin on Arbitrum Network
2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
Bitcoin and altcoins fail to rally even as U.S. inflation cools down
28.6.2024
For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why
Assangedao’s JUSTICE Token Surges and Dips Amid Julian Assange’s Release
26.6.2024
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token....
First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity
26.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand
25.6.2024
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand...
Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over Bitcoin
24.6.2024
Kaiko, a leading cryptocurrency market data analytics firm, has found that cryptocurrency users in Latin America prefer stablecoins over bitcoin. In its most recent Latam market report, issued in June, Kaiko determined that 40% of the trading volumes involved Tether’s USDT. This preference...
Altcoins to buy 2024: BlockDAG ranks #1 over Arbitrum price, & Cardano in second quarter
24.6.2024
BlockDAG is rapidly emerging as a powerhouse in the cryptocurrency market, gaining significant traction thanks to endorsements from key industry influencers. The ongoing presale, now in Batch 18, has seen the coin’s price skyrocket to $0.0122—a remarkable 1120% increase from its initial Batch...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
24.6.2024
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered...
Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally
22.6.2024
The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘Altcoin Sherpa’ highlighted...
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
21.6.2024
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices
Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
20.6.2024
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold...
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...