Altcoins

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors’ reaction was obvious as the crypto market plunged immediately following the news. advertisement But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% up at a price of $44.030 and a market cap of $827 billion. It means strong whale purchases have recovered almost 80% of the last market dip. Citing data from Santiment, crypto analyst Lark

Digital Gold v. Legos – Can just Bitcoin or Ethereum do it all

Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the latest chapter in the debate between Bitcoin and Ethereum maximalists. According to Boyapati, Bitcoin was right to give importance to backwards compatibility, when compared to changing protocols or issuance volumes – as Ethereum has done.

Cardano, Synthetix, VeChain Price Analysis: 07 September

Quite a few altcoins in the market experienced bearish momentum. The likes of Cardano, Synthetix and VeChain noted a decline on their respective charts. Cardano fell by 2.5% and was expecting to rest near its support zone of $2.49. Synthetix traded right above its support level of $12.49 and threatened to fall below it over immediate trading sessions. VeChain too, experienced loss while consolidating and was moving south towards its one-week price low of $0.124 Cardano (ADA) ADA/USD, TradingView ADA noted downward movement as it registered a 2.5% decline over

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Assessing where Bitcoin, Ethereum actually stand 100 days after May’s crash

Most of the crypto-space’s top altcoins were relentlessly setting new highs, one after the other, less than four months ago. However, the market became merciless one fine day in mid-May, with most crypto-assets ending up shedding close to half their value. Well, hundred days have passed since 19 May’s crash and the market, at the moment, may be on the cusp of completing a full circle. Source: Coinstats Making sense of the conflicting numbers Bitcoin’s price, at press time, was 28% away from its $64k ATH while Ethereum’s price was

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

MATIC, Solana, BAT Price Analysis: 02 September

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

Magnificent Seven: XTZ, AVAX, TEL, ENJ, XMR, SOL, ZEN — Biggest Gainers Aug 20 – 27

BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from Aug 20 to 27.Sponsored Sponsored These altcoins are:  Tezos (XTZ) : 26.23% Avalanche (AVAX) : 24.21% Telcoin (TEL) : 23.30% Enjin Coin (ENJ) : 18.58% Monero (XMR) : 14.56% Solana (SOL) : 14.40% Horizen (ZEN) : 13.13% XTZ XTZ has been increasing since July 20, when it was trading at a low of $2.10. In a span of 36 days, it increased by 160%, leading to a high of $5.45 on Aug.

Individual Investors Responsible for Crypto Resurgence, Says Analyst

The resurgence of cryptocurrencies like Bitcoin, Ether and Dogecoin in the past few weeks is largely due to renewed interest from individual retail investors.Sponsored Sponsored Bitcoin reached above $48,500 on August 14, the highest it has been since May 16. This price point means a gain of 290% year-on-year, which came to 644% for Ether and 1,431% for newly minted third place Cardano. Meanwhile, meme-crypto Dogecoin is up 9,157 year-on-year, according to CoinGecko data. However, behind the recent moves is a resurgence in interest from individual retail investors. According to