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“# Altcoins hit new highs after bulls kick Bitcoin price back above $50K ” Cryptocurrency investors breathed a sigh of relief on April 26 as the sharp reversal in the price of Bitcoin (BTC) was accompanied by a market-wide recovery that has a majority of altcoins seeing green. It’s likely that the breakout was aided…
“# Altcoins rally as analyst warns Bitcoin is in the ‘$50K – $60K twilight zone’ ” Bitcoin (BTC) price is still stuck in what traders hope will be a short-term downtrend as the impact of the April 18 rumors of a crackdown on “unnamed financial institutions” for facilitating money laundering using cryptocurrencies have yet to be…
“# Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network ” The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with…
“# Cardano and Polkadot extend staked capitalization dominance ” The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing…
“# Are we there yet? Here’s why one analyst says its not ‘altcoin season’ ” Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an “altcoin season.” A quick view of Crypto Twitter shows the…
“# Top 5 cryptocurrencies to watch this week: BTC, VET, SOL, EOS, FTT ” Bitcoin (BTC) price witnessed a sharp dump to $50,900 on April 18, which some analysts attribute to a drop in hash rate and rumors of possible action by United States regulators against unnamed “financial institutions” alleging crypto-related money laundering. While it…
“# DeFi tracker Step Finance raises $2M from Solana ecosystem investors ” Step Finance, a Solana-native decentralized finance protocol, announced the completion of a private token sale for $2 million, which will help build and develop its platform. The round, disclosed on Tuesday, saw participation from notable Solana backers including Alameda Research, the hedge fund…
“# Solana (SOL) price rises as airdrops attract new users to the network ” Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens….
“# Ren price rallies 40% after adding LUNA, SOL and FTM to its ecosystem ” The cryptocurrency sector has emerged as a hot topic on the global stage in 2021 thanks in large part to the growth of decentralized finance and non-fungible tokens which have caught the general public’s attention. Throughout the sector there is…
“# Solana raises $40 million in strategic investments from OKEx, MXC exchanges ” The Solana Foundation, the grants program behind the Solana high-performance blockchain, has inked partnerships with cryptocurrency exchanges OKEx and MXC to launch two strategic investment funds designed to fuel the ecosystem’s expansion. The two funds, which are collectively valued at $40 million,…