Tag: Altcoin

Crypto Exchange Titan Binance Lists New Blockchain MMO Strategy Gaming Altcoin

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A new massively multiplayer online (MMO) strategy game that harnesses the power of blockchain technology just entered the crypto world after joining the Binance marketplace. In a recent announcement, crypto exchange giant Binance says that the native governance token of League of Kingdoms (LOKA), a Medieval-themed metaverse battle game, will now be available for trading. The freshly minted altcoin launched today with a price of $2.42 and has since risen by 7% to its current valuation of $2.59. League of Kingdoms goes beyond the traditional strategic fighting game format by…

Low-Cap Altcoin Soars 372% in One Week After Earning Surprise Support From Crypto Exchange Coinbase

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A low-cap altcoin has skyrocketed by more than 372% in the past seven days after receiving full trading support from Coinbase this week. PolySwarm (NCT) is a threat detection and anti-malware project that was listed by Coinbase Pro on Wednesday, alongside altcoins Inverse Finance (INV), Liquity (LQTY), Propy (PRO). All four crypto assets then received listings across the exchange’s full retail platform the following day. PolySwarm uses its native token, NCT, to reward users who assist in the collection of cybersecurity data and insights. The 344th-ranked crypto asset by market…

Crypto Exchange Giant Lists Privacy-Focused Altcoin Amid Market Jitters

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One altcoin that’s bringing privacy and scalability to decentralized finance (DeFi) just got a surprise listing on the Crypto.com digital currency exchange app. In a new blog post, Crypto.com says that users can purchase Oasis Network (ROSE) using USD, EUR, GBP and nearly two dozen other fiat currencies. According to the announcement, “The Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Their aim is to fix the high transaction fees and slow throughput currently plaguing other layer-1 networks in DeFi.” The Oasis…

An Advisor’s Guide to Altcoin Investing

While 2021 was certainly the year of bitcoin, investors with a particular type of risk appetite are diversifying their crypto portfolios with altcoins. The term “altcoin” is short for “alternative coin” and refers to cryptocurrencies other than bitcoin. Ether is perhaps the most popular altcoin, though crypto insiders quickly bring up other names like the bitcoin copycat litecoin, the stablecoin tether and, of course, dogecoin, the meme coin popularized by Tesla CEO Elon Musk. This article originally appeared in Crypto for Advisors, CoinDesk’s weekly newsletter defining crypto, digital assets and…

Altcoin Underdogs Outperform Bitcoin To Kick Off 2022

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Altcoins have started the year 2022 with an overperformance over Bitcoin. Out of all the various indexes, the mid-cap coins seem to have accumulated the most gains so far. Bitcoin Starts The Year Underperforming The Altcoins As per the latest weekly report from Arcane Research, Bitcoin’s 2022 has started with the coin underperforming in front of various altcoins. Throughout 2021, most of the altcoins managed to beat BTC in terms of overall gains. And it looks like this year also hasn’t been any different so far. Here is a chart…

Bitcoin Dominance Aims At Historic Lows, Unprecedented Altcoin Season Potentially Ahead

While Bitcoin continues to take a beating in terms of dollars, the top cryptocurrency also continues to lose its share over the market cap. In fact, with the most recent support level breached, BTC dominance could be targeting historic lows. Historic lows in BTC dominance could mean that an altcoin season unlike ever before is potentially ahead. Here’s a closer look at the metric that weighs Bitcoin against the rest of the crypto space and how it could impact altcoin performance. Bitcoin Continues To Lose Cryptocurrency Market Dominance At one…