Altcoin News

aave, Altcoin News, Bitcoin, btcusd, BTCUSDT, Crypto, CRYPTOCURRENCY, LEND, News

DeFi Awaits “Rude Awakening” as Bitcoin Rallies: Ex Goldman Partner

A rally in the Bitcoin market has prompted traders to shift their capital from the booming decentralized finance sector. As of Wednesday, almost all the DeFi tokens have plunged sharply on a 7-day timeframe. Kelvin Koh, the co-founder & CIO of the Spartan Group, expects the DeFi’s downside correction to continue further. A rising Bitcoin market could spell troubles for its neighboring decentralized financial industry, according to Kelvin Koh of the Spartan Group. The co-founder […]

Altcoin News, bearish, buy Ethereum, ethereum, ethusd

Ethereum Just Shot Up $250 But Don’t Bet on That Resistance Breaking

While Bitcoin was rejected at the $9,800 resistance, Ethereum has continued to press higher. The second-largest cryptocurrency is up by around 4% from the past 24 hours’ lows, outpacing Bitcoin’s relatively mild 1-2% gain. ETH’s latest uptick brings it close to the crucial $250 resistance level. This level has been important over the past few months, acting as resistance on multiple occasions. $250 is also a psychological resistance due to it being a round number. Unfortunately for […]

altcoin, Altcoin News, Altcoin Price, bitcoin cash, Blockfyre, Simon Dedic, XRP, XRPUSD

A Fund Manager Just Bashed XRP, Bitcoin Cash, and Other Altcoins

Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for years. Since the crash of 2018, the altcoins at the top of the pack have largely been unquestioned. But a prominent researcher and fund manager is challenging the status quo. He wrote in a recent tweet that he doesn’t think that five of the top 10 cryptocurrencies “do NOT deserve” being where they are today. […]

Altcoin News, bearish, chainlink, CRYPTOCURRENCY, LINKUSD

Accurate Analyst Expects Chainlink To Sustain Over 70% Drop: Here’s Why

One of the hottest cryptocurrencies in the past few weeks has been Chainlink (LINK). Compared to Bitcoin, which is up 20% year to date, the asset recently posted a 100% year-to-date gain, rising to become the twelfth largest altcoin by market cap. Many have looked to LINK’s functionality and adoption, with venture fund Parafi Capital writing in a recent MakerDAO forum post: “Given its marketcap, liquidity profile, and appetite for speculation, we see value in […]

Altcoin News, BitTorrent (BTT), Filecoin (FIL), Tron (TRX), TRX News

BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)

In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL).  The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set to be launched between mid-July and mid-August.  In a recent tweet, the team at BitTorrent (BTT) highlighted why its BTFS file system is better than […]

altcoin, Altcoin News, bitcoin cash, Crypto, IntoTheBlock

Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent Altcoin Weakness

Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0.5% gain. This rally in some of the leading altcoins is unlikely to continue, with crypto firms observing a clear slowdown in […]

altcoin, Altcoin News, Analysis, market, XRP price, XRPUSD

3 Reasons Why XRP is Unlikely to Benefit From Ongoing Altcoin Surge

Despite the fact that all eyes have been on Bitcoin as of late, the hype around a rally in XRP and other altcoins has grown over the past few weeks. After all, Ethereum has embarked on an extremely strong rally against BTC over the past few weeks, retaking support level after support level on the back of institutional buying pressure via Grayscale and positive fundamental news. Luke Martin, a prominent crypto trader featured on CNN […]

Altcoin News, Altcoins, Crypto, Dogecoin, Potcoin, SpankChain

420 Day in Crypto: Remembering the Class of Altcoins That Went Up in Smoke

During the crypto hype cycle and asset bubble that formed in late 2017, everyone jumped on the cryptocurrency bandwagon and scrambled to launch altcoins designed to power a specific industry or category. To celebrate the current 420-day holiday taking place across the globe, we’re looking back at a small subset of altcoins that went completely up in smoke when the bubble eventually popped. Remember The Unnecessary Altcoins Launched During Irrational Exuberance? There’s an altcoin token […]

Altcoin News, Binance, Coronavirus, Cryptocurrency News, cryptocurrency staking, Kava (KAVA), Opinion, Poloniex, Tether (USDT), Tron (TRX)

Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.  The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.  Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins.  The Bitcoin (BTC) and crypto market crash of mid-March was one event that not too many traders believed would happen. The majority of Bitcoin enthusiasts believed that […]

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