Tag: Altcoin

Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

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The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking. “Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and…

Crypto Startup Neutrl Raises $5M to Tokenize a Popular Hedge Fund Altcoin Trade

Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — once limited to sophisticated investors — to the masses in the form of a crypto token. The protocol is launching its NUSD “synthetic dollar” token, designed to generate returns by arbitraging discounted altcoin deals in over-the-counter (OTC) markets, the team told CoinDesk in an exclusive interview. Neutral also raised $5 million in seed funding led by digital asset private marketplace STIX and venture firm Accomplice. They were joined by Amber Group, SCB Limited, Figment Capital and…

$5,431,983,000 Disappears As RWA Altcoin Drops 90% in Mere Hours – CEO Alleges Exchanges Acted ‘Recklessly’

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The CEO of a real-world asset (RWA)-focused crypto project is alleging that centralized exchanges may have played a role in the sudden collapse of the project’s native token. The market cap for top RWA project MANTRA (OM) plummeted by $5.431 billion on Sunday – declining from over $6.11 billion to $683.3 million in a matter of hours. Mantra CEO JP Mullin alleges on the social media platform X that the crash was caused by unnamed exchanges seemingly working against the coin by needlessly closing large positions during low-liquidity hours. “We…

Trump’s World Liberty Financial buys $775K in SEI in altcoin buying spree

The Trump family-backed crypto project World Liberty Financial (WLFI) has added 4.89 million SEI tokens valued at $775,000 to its portfolio, according to onchain data. Data from blockchain analytics firm Arkham Intelligence shows the purchase was made on April 12 by one of WLFI’s trading wallets using USDC transferred from the project’s main wallet. It’s the same trading wallet previously used by WLFI to accumulate other altcoins. WLFI holds a diversified portfolio, including Bitcoin (BTC), Ether (ETH), and a larger number of altcoins, such as Tron (TRX), Ondo Finance (ONDO),…

Trump-Linked Crypto Project Buys $775,000 Worth of SEI as Altcoin Accumulation Continues

World Liberty Financial, the crypto venture backed by U.S. President Donald Trump’s family, purchased $775,000 worth of SEI tokens as its altcoin accumulation strategy keeps going. The move was funded with USDC transferred from the project’s main wallet to a trading wallet that has been used in prior altcoin buys, according to fresh data from Arkham Intelligence. The SEI purchase adds to a growing portfolio that includes not only the top two cryptocurrencies, bitcoin (BTC) and ether (ETH), but also TRX, movement (MOVE), ondo (ONDO) and various other tokens. World…

Will BTC return to its former glory? Investors turn toward new viral GameFi altcoin for mega gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After Bitcoin’s wild ride past $100k and back, investors hungry for bigger, faster gains are turning to altcoins like Yeti Ouro, a GameFi-powered token with massive upside potential. Bitcoin’s journey in the crypto space has always been wild. After hitting record highs above $100,000 in late 2024, Bitcoin’s price (BTC) entered 2025 with a pullback, and investors are wondering if it can get back to the top.  While some…

Is It Time For Altcoin Season? Bitcoin Dominance Rises To Major Rejection Zone

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst El Crypto has raised the possibility of an altcoin season happening soon. The analyst alluded to Bitcoin’s dominance rising to a major rejection zone, which could be…

US dollar index crashes, raising hopes of Bitcoin and altcoin prices

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The US dollar index crashed to its lowest level since April 2022 as the trade war between China and the US escalated and jitters in the bond market continued. The DXY index, which tracks the greenback against a basket of developed-world currencies like the euro, sterling, and Japanese yen, dropped to $99—down 10% from its highest point this year. This crash came after China announced its retaliatory tariffs against the United States. All US goods entering the country will now face a universal 125% tariff. Beijing made this announcement after…

Bitcoin, Ethereum, XRP, and altcoin prices boosted as U.S. inflation dives

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US inflation dropped in March, raising optimism that the Federal Reserve will adopt a more dovish tone in upcoming meetings—boosting crypto prices. Data from the Bureau of Labor Statistics showed that the headline Consumer Price Index fell from 0.2% in February to -0.1% in March. On an annual basis, inflation declined from 2.8% to 2.4%, putting it on track to reach the Fed’s target of 2.0%. The closely watched core CPI, which excludes volatile food and energy prices, also dropped from 0.2% to 0.1% month-over-month, pushing the annual core figure…

Here’s why Bitcoin and altcoin prices may surge after the crypto Black Monday

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Bitcoin and most altcoin prices continued their strong downtrend on Monday as market participants braced for a recession.  Bitcoin (BTC) plunged to a low of $74,428 on April 7, its lowest level since November 6, and down by over 31% from its highest point this year. Altcoins did much worse as many investors exited their positions. Ethereum (ETH) crashed below $1,500 and moved to its lowest level since 2023. The other top laggards were coins like Berachain (BERA), Zcash (ZEC), Litecoin (LTC), and Maker (MKR). The ongoing crypto market crash…