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Tag: Altcoin
The Crypto Market and Altcoins Will Skyrocket After The Bitcoin Halving
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5 altcoin projects that made a real difference in 2022
Bitcoin (BTC), Ether (ETH) and the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push crypto prices higher. Despite the market-wide downturn, a handful of altcoins continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a derogatory term. Let’s explore the top altcoins that made a difference in 2022. Ethereum fundamentals shone in 2022 Ether’s price hit a yearly high at $3,835 on Jan. 2 and…
Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin
Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report from Arcane Research, the cryptocurrency market has observed a correlated decline recently, but altcoins have taken a more substantial hit. The “Altcoin Indexes” here refer to groups of altcoins divided on the basis of market cap. The most popular indexes include the “large caps,” the “mid caps,” and the “small…
Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days?
Further pain was inflicted on the markets as major cryptocurrencies Bitcoin and Ethereum slipped on macroeconomic pressures and other factors. As of time of writing, the top altcoin Ether has lost nearly 7% in the weekly timeframe. This is reflected in the other altcoins as most, if not all, move alongside ETH. However, if the crypto slides further downwards, will it deal a heavy blow on the broader market as well? The FTX Shockwave Still Felt Since the collapse of crypto exchange FTX, Ethereum has been in the red, but…
Top US Crypto Exchange Coinbase Adds Little-Known Web3 Altcoin to Its Listing Roadmap
Top US-based crypto exchange platform Coinbase is adding a little-known altcoin to its listing roadmap in anticipation of a future listing. Coinbase announced via Twitter on Wednesday that Axelar (AXL) is now officially being considered by the exchange for trading services. Axelar aims to deliver secure cross-chain communication for Web3 so that decentralized application (DApp) users can interact with different assets or applications on any blockchain. According to Axelar’s website, the project is backed by Coinbase Ventures, Coinbase’s venture capital arm. It also has support from industry heavyweights like Binance, Galaxy Digital…
Rocketize Token Might Revolutionize the Altcoin Market alongside Decentraland and Chiliz
Deflationary tokens like Rocketize (JATO) are designed to improve the quality of the cryptocurrency market and the value of the cryptocurrency subsequently. Deflationary tokens can create favorable market conditions for other altcoins like Decentraland (MANA) and Chiliz (CHZ). Rocketize (JATO) employs a token burn system. This system is designed to keep the circulation of the total token supply in check and stage off whales from taking advantage of the community’s interest and welfare. This article will be discussing on the benefits of making Rocketize (JATO) your next financial investment. Strengthening…
Crypto Exchange Coinbase Adds Surprise Support for Metaverse Altcoin Project
The largest US crypto exchange by trading volume is adding a metaverse altcoin to its list of supported crypto assets. Coinbase Assets is announcing that trading for the native token of the MultiversX (EGLD) blockchain will debut on its platform starting December 7th once liquidity conditions are met. “Coinbase will add support for MultiversX (Previously Elrond) (EGLD) on the MultiversX network. Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on Coinbase & CoinbaseExch in the regions where…
Big Eyes Coin and Huobi Token Are Two Altcoin That Could Grow Really Fast
Place/Date: – December 6th, 2022 at 12:46 pm UTC · 4 min read Source: Big Eyes Coin Growth is a currency in the cryptocurrency market as investors are looking to put their money where there’s a guarantee that it will appreciate. Big Eyes Coin(BIG) has been impressive for some months, having raised over $11 million on presale. It would take top projects to raise that amount of money in today’s market, considering the bear rally continues to drive the market down. Big Eyes has made a statement in the crypto…
Thanks to Ethereum, ‘altcoin’ is no longer a slur
Altcoin originally meant “Bitcoin alternative” because, in the early stages of cryptocurrency development, every blockchain-based currency was seen as a sort of Bitcoin (BTC) knockoff. Cryptocurrencies back then were mainly used for payments, such as Litecoin (LTC), XRP (XRP) and Peercoin (PPC). Altcoin was used as a catchall term for cryptocurrencies other than Bitcoin. That’s changed since 2011. With the emergence of more than 20,000 cryptocurrencies, each linked to different types of crypto projects and tokens. We have also seen the dexterity of coins stretch across sectors of public chains,…