The world’s largest crypto exchange platform by volume is adding support for a new liquidity infrastructure project, causing its native asset to skyrocket. In a new announcement, Binance says that on May 2nd, it rolled out support for the decentralized omnichain protocol StakeStone (STO). “Binance is excited to announce the 17th project on the HODLer Airdrops page – StakeStone, a decentralized omnichain liquidity infrastructure protocol designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems.” The HODLer Airdrops program, which launched in June 2024, rewards those holding…
Tag: Altcoin
Trader Says Top-30 Decentralized Exchange Altcoin Could Surge by 150% if Bitcoin Remains ‘Healthy’
A closely followed analyst believes that one top-30 altcoin may put up massive gains in the near term. Pseudonymous analyst Altcoin Sherpa tells his 245,300 followers on the social media platform X that the utility token of the decentralized open financial system Hyperliquid (HYPE) may increase 150% from its current value as it prints a bullish pattern on the daily chart. “Bought a small HYPE perp position [April 30th]; not sure how long I’ll hold for. Still one of the best utility coins and projects out there and it’s slowly…
Altcoin Season Is Round the Corner: Santiment
Key Notes Santiment revealed that altcoins outpaced Bitcoin’s gains last week. Social media mentions of “altcoins” and “altseason” are also surging. Analyst sees strong parallels to past bull cycles, expecting a potential 10x altcoin rally ahead. Last week, when the entire crypto market surged over 10%, altcoins outperformed Bitcoin BTC$94 96524h volatility:0.2%Market cap:$1.88 TVol. 24h:$29.97 Band drew the attention of traders. According to a recent report from market intelligence firm Santiment, while Bitcoin posted a respectable 7.6% weekly gain, the broader market’s outperformance indicates a surge of capital flowing into…
DePIN Altcoin Outpaces Crypto Market and Skyrockets by Nearly 44% Following High-Profile Exchange Listing
An altcoin associated with a decentralized physical infrastructure network (DePIN) project surged by nearly 44% on Friday after receiving a prominent exchange listing. On Thursday, the South Korean crypto exchange giant Bithumb announced it was listing XYO, the native token of the XYO Network. The XYO Network aims to process any type of decentralized data. Explains the project’s website, “Encompassing both a network and protocol, XYO can be used for aggregating, verifying, organizing, and utilizing decentralized data from any hardware node capable of running XYO-enabled software or firmware. XYO’s defining premise…
Top US Crypto Exchange Coinbase Adds Brand-New On-Chain Social Media Altcoin to Listing Roadmap
Coinbase has added the newly launched native asset of an on-chain social network to its listing roadmap. The exchange’s customers may soon be able to trade ZORA, the native asset of the Zora Network, a layer-2 protocol built on top of Ethereum (ETH). Explains the project’s website, “Zora’s mission is to make the internet valuable and free – that’s why we’re building a social network that makes tokenizing and trading posts easy, fun, and rewarding. Our Rewards enable creators and developers on Zora to earn from trading activity through two…
As Bitcoin and altcoin prices rise, should you sell in May and go away?
Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin (BTC) price has jumped for three consecutive weeks and is now 28% above its lowest level this month. Most altcoins have also jumped, with the best weekly performers being Official Trump (TRUMP), Sui (SUI), Dogwifhat (WIF), Fartcoin (FARTCOIN), and Stacks (STX). All these tokens have jumped by over 50% in the last seven days. Other risky assets have also bounced back. The S&P 500, Nasdaq 100, and Dow Jones indices…
Top Crypto Exchange Binance Airdrops and Lists New Interoperability Altcoin
Binance customers can now trade the brand new native altcoin of a permissionless interoperability protocol. The top global crypto exchange airdropped Hyperlane (HYPER) to qualified users this week and then listed the asset for trading on Tuesday. HYPER is the 15th project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Hyperlane bills itself as an interoperability protocol for cross-chain communication across different blockchain environments. “Hyperlane is the first permissionless interoperability layer that allows smart contract developers to send arbitrary data…
Will the rising Japanese yen affect Bitcoin and altcoin prices?
The Japanese yen continued its strong surge against the U.S. dollar as investors embraced its role as a safe-haven asset. The USD/JPY exchange rate plunged to 139.92 on Tuesday, its lowest level since September last year and 11.5% below its highest point in 2024. This decline aligns with the broader weakness of the U.S. dollar and a surge in other developed-world currencies such as the euro, British pound, and Swiss franc. The US dollar Index, a popular gauge that weighs its performance against a basket of currencies, fell to $98,…
This tiny altcoin could see 50x gains before BTC hits 100k
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin steadies near highs, a low-cap altcoin called XYZ is making waves, with early investors eyeing gains up to 1,000x. As Bitcoin’s availability decreases, attention turns to a little-known cryptocurrency poised for a significant rise. This minor altcoin might increase in value fifty times before Bitcoin reaches its predicted price point. What makes this digital currency so promising, and could it be the next major investment opportunity? XYZ:…
Low-Cap Altcoin Explodes After Crypto Exchange Binance Announces Perpetual Futures Listing
A low-cap altcoin is up after the world’s top crypto exchange platform by volume announced the listing of perpetual futures for it. In a new announcement, Binance says it will launch support for Bitcoin (BTC) decentralized finance (DeFi)-focused platform Lorenzo Protocol (BANK) to Binance Futures. Binance’s announcement came on the same day as BANK’s official launch on the BNB Chain. News of the addition sent BANK flying as the digital asset went from a low of $0.03 on April 18th – its launch day – to a peak of $0.057…