Altcoin news-Page 156
Meme coin mania triggers triple-digit gains from Binance Smart Chain-based altcoins
This week's surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and SHIB are receiving a majority of the attention from media and investors, they are not the only low-priced tokens that have seen a spike in price. On all major networks including, the Binance Smart Chain, the value of meme coins has risen, a sign that …
Nft / Oct. 28, 2021
3 reasons why Curve (CRV) price is trending toward a new 1-year high
This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first Bitcoin (BTC) exchange-traded fund (ETF) kicked off the next leg of the bull market or if meme-tokens rallying is a top signal. While SHIB, DOGE and Samoyedcoin are the hot flavor of the week, there are other tokens which are equally bullish and posses stronger …
Markets / Oct. 28, 2021
Data shows Ethereum bulls expect a new ATH after Friday’s $1.25B ETH options expiry
Ether (ETH) has gained 950% in 2021 and from the look of things the altcoin has no intent of stopping. This can also be seen in the ultra-optimistic bets for October’s $1.25 billion options expiry. However, this phenomenon is not exclusive to Ether bulls. The right to acquire Ether at a fixed price in the future does not come at a cheap price. On Sep. 4, the $5,000 call option for Oct. monthly expiry was trading at ETH 0.082 which is equivalent to $320. Unfortunately, for the bulls, these options are now worthless. Gas fees on Ethereum transactions are still …
Markets / Oct. 28, 2021
Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH
Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and this week the project's TRAC token hit a new all-time high. Data from Cointelegraph Markets Pro and TradingView show after hitting a low of $0.278 on Aug. 29, the price of TRAC has vaulted 306% to a new record high …
Blockchain / Oct. 28, 2021
Is Bitcoin price mimicking the 2017 bull run? Find out on The Market Report with ETF expert Eric Balchunas
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: El Salvador just bought the dip! Salvadoran President Nayib Bukele tweeted that his government has bought an additional 420 Bitcoin (BTC), bringing its grand total up to 1,120 BTC. Can $3,400 make you a billionaire? It would have if you had purchased Shiba Inu (SHIB) in August 2020. One unknown HODLer did, bringing the dollar value of his holdings up to a …
Etf / Oct. 28, 2021
TradingView signals are now available on this crypto trading bots platform
Being a trader, even a very experienced one, is not an easy job, especially in the crypto industry. The stress of making decisions under pressure and in a very short period of time takes a toll on you. This is when trading tools and charts come in handy. TradingView, an online data platform, is a very popular and useful tool for traders. They use it to track prices and analyze stocks, bonds, indices, cryptocurrencies, and other assets. Novice traders can use TradingView’s insights from experienced traders to make better trading decisions. For experienced users, the platform can become an essential …
Trading / Oct. 28, 2021
Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu's (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB's losses in the same period. On the other hand, the so-called Dogecoin Killer dropped almost 28% to log an intraday low at around $0.00005700—in the same hour DOGE printed its daily top. The sudden price rally also pushed Dogecoin's market cap over $40 billion, a mettle Shiba Inu achieved hours before, with the two cryptocurrencies …
Decentralization / Oct. 28, 2021
Bitcoin suddenly nears $61K as a $1.7K hourly candle fuels BTC bulls
Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. Bitcoin suddenly abandons the bears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD breaking back above $60,000 after tracking sideways since early Wednesday. The move meant that the pair cast firm doubt on recent bearish behavior, all but invalidating a head and shoulders pattern in line with expectations. As Cointelegraph reported, analysts were already unfazed by Bitcoin's retracement, with some even increasing their price targets over longer timeframes. #BTC I'll be back on friday, but couldn't resist to draw some random lines.... Seems …
Bitcoin / Oct. 28, 2021
Litecoin transactions near an all-time high after gaining ground in consumer finance
The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card's homepage, potential customers would first register for a Litecoin Card account, deposit LTC into a specific wallet address, pass a know-your-customer check, and receive a virtual Litecoin Card. The service claims that the sign-up process takes less than five minutes. The Litecoin card is meant to enable users to spend their …
Adoption / Oct. 27, 2021
Price analysis 10/27: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin (BTC) has broken back below the psychological support at $60,000. While this seems to be negative in the short term, the price action has continued to mirror its movement in 2017. If the similarity continues for the remainder of the year, Bitcoin bulls may be in for a party. PlanB, creator of the popular Bitcoin Stock-to-Flow (S2F) model, recently proclaimed in a tweet that the second leg of Bitcoin’s bull market has begun. If Bitcoin’s price action continues to follow the S2F model, the analyst believes a rally to $100,000 to $135,000 may be possible by the end of …
Bitcoin / Oct. 27, 2021
Binance Smart Chain surpasses 1.5 billion lifetime transactions
Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after its launch on Aug. 31, 2020. According to BscScan, the daily number of transactions on the blockchain recently surged to over 10 million — just shy of its all-time high record of 13 million back on July 29. There also appear to be more than 108 million unique wallet addresses on BSC’s blockchain, compared to about 650,000 at the beginning of the …
Adoption / Oct. 27, 2021
Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains
The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of the market, several altcoins have managed to post gains in excess of 22% as major protocol integrations and exchange listings have helped buffer them against the wider market downturn. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were 1inch (1INCH), Shiba Inu (SHIB) and Mask Network (MASK). 1inch integrates with …
Nft / Oct. 27, 2021