Altcoins

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

All altcoins are known to have their season when they pop and make a parabolic move to the upside, usually thanks to the leading narrative at that point in time or key fundamentals of the crypto token that spark such a bullish move. This time around, a top crypto expert has singled out ETFSwap (ETFS), Avalanche (AVAX), and Polkadot (DOT) as the next altcoins that will make such a move to the upside. Why ETFSwap (ETFSwap) Is Poised For A Parabolic Move, Crypto Expert Says Having highlighted...

Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...

Ethereum has been hovering near the $4,000 mark, driven by a major turnaround in the US Securities and Exchange Commission’s (SEC) decision to approve spot ETH ETFs. This development has fueled trader optimism about the leading altcoin’s price trajectory. However, increased inflows of ETH into cryptocurrency exchanges could spell trouble. ETH Inflows Signal Selling Trend ETH has gained almost 20% over the past month. The resurgence in its performance has been mainly...

Bitcoin’s price experienced some enhanced price fluctuations in the past few days, going down to under $66,500 before jumping to just over $69,000 last night. The altcoins are also slightly in the green on a daily scale. UNI has taken the main stage with a massive 20% surge that has driven it to over $10, while PEPE has charted another fresh peak. PEPE New ATH, UNI Skyrockets The most important news in the cryptocurrency industry this week came from the US Securities and...

Bloomberg exchange-traded fund (ETF) analyst James Seyffart believes a Solana ETF would see more demand than similar funds for other altcoins, except ether (ETH). Seyffart’s statement was in response to a video in which CNBC Fast Money trader and crypto investor Brian Kelly said Solana ETFs were next in line following the approval of Ethereum ETFs by the United States Securities and Exchange Commission (SEC). Solana ETF to See Heavy Demand The chances of the SEC approving a...

BEFE Coin, the newcomer to the meme currency market, has quickly risen to the top 100 rankings. This unexpected arrival has sent the market into a frenzy, capturing the attention of a global audience of crypto fans. Let’s go further into how BEFE operates and attempt to figure out why this digital currency is the new favorite. BEFE, the sensational new meme-focused altcoin king, seems never to catch its community idle by the increase in market value and ecosystem...

Coinspeakera16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US The United States Congress will vote on a bill that defines crypto decentralization as no single entity with a control of more than 20% of the voting power. a16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US

CoinspeakerCrypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs Ethereum spearheaded the altcoin rally, driven by renewed optimism about the approval of spot ETH ETFs by the US SEC. Crypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs

CoinspeakerNotcoin to Double Cardholder Revenue amid Hamster Kombat’s Explosive Growth Hamster Kombat particularly became viral for its SocialFi overlay, which rewards players for sharing the game with friends and joining connected channels. Notcoin to Double Cardholder Revenue amid Hamster Kombat’s Explosive Growth