Altcoins

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1060 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.1055 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1085 and $0.112 resistance levels. Stellar lumen price is trading above $0.1050 against the US Dollar, similar to...

Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...

With the lower trading volumes during the weekend, bitcoin has stalled around $30,000 but still remains above that level. Most altcoins are also sitting quietly, with ETH standing at $2,100. INJ, however, has skyrocketed on a weekly basis. BTC Stalls at $30K The past week was quite eventful for the primary cryptocurrency, despite its sluggish start. BTC remained at $28,000 on Monday, similar to the previous weekend, but the landscape started to change as the day progressed....

[PRESS RELEASE – Mahe, Seychelles, April 15th, 2023] The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season. A new powerhouse DeFi project, DigiToads, has confirmed it will list on BitMart exchange soon. The DigiToads presale has already raised more than...

After the recent price pumps and new multi-month highs, bitcoin has lost some traction but still remains north of $30,000. Most altcoins are also slightly in the red today, with ETH sliding beneath $2,100. OKB, on the other hand, has exploded by double digits and neared its previous ATH. Bitcoin Maintains $30K The working week began with little-to-no movements, similar to the previous weekend, and BTC was stuck around $28,000. However, that all changed as Monday came to an...

Arthur Hayes – co-founder of BitMEX – believes the altcoin season (a time frame during which the alternative coins outperform Bitcoin and reduce its dominance in the crypto market) is already here. Assets like Ether (ETH), Arbitrum (ARB), and Dogecoin (DOGE) have marked substantial gains in the past 24 hours, whereas BTC has been relatively stable at a range of $30-31K. Enter the Alt Season In one of his most recent tweets, Hayes presented a price chart of Ether (ETH),...

Soon after Elon Musk’s tweet, the Aptos token clocked a total trading volume of $460 million. On the technical chart, APT has formed a bullish pattern and could rally even further. In an interesting development, the Aptos token (APT) got an unexpected boost from the world’s second-richest man Elon Musk. In one of his cryptic tweets, which he deleted later, Elon Musk mentioned ‘AI’ and ‘APT’ spurring massive interest from the crypto community. This was enough to catapult the Aptos (APT)...

This week saw the total cryptocurrency market capitalization soar above $1.3 trillion on the back of major increases from many coins. The sentiment has also improved considerably across the board. Bitcoin’s price managed to top the coveted $30K level – a point that we haven’t seen in 10 months. The week started relatively quiet as everyone was expecting the release of the Consumer Price Index. It’s largely used to gauge inflation in the US. Before its release, however, things...

While the reasons for Sun’s recent financial transactions remain unknown, he has responded to the claims with just a comment “4” a number that signifies False News and Fear, Uncertainty and Doubts (FUD) amongst others. On-Chain data from crypto analytics firm, Lookonchain has shown that Justin Sun, the founder of the Tron Blockchain protocol has been liquidating some of his assets over the past 24 hours. According to the data from Lookonchain, the popular crypto innovator transferred a...