Altcoins

After a few days of sideways trading, bitcoin’s price headed south on Friday and slipped to a weekly low of around $66,600 before it recovered approximately a grand. The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark. BTC Recovers The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to...

[unable to retrieve full-text content]CoinspeakerMassive $875M in Token Unlocks Set to Shake Up Market in June Token unlock events can present opportunities for investors, but they also come with risks. Massive $875M in Token Unlocks Set to Shake Up Market in June

[unable to retrieve full-text content]CoinspeakerDonald Trump Amasses $14M in Crypto after Legal Battle Apart from the just-concluded case, Trump faces additional legal battles before the upcoming November presidential election. Donald Trump Amasses $14M in Crypto after Legal Battle

Ethereum’s recent momentum appeared to have slowed down, largely due to the pause in ETF-related excitement. Despite this, there is a significant accumulation trend among large holders a.k.a whales, even as ETH’s price remains below $4,000. Massive Increase in Ethereum Whales According to the latest Glassnode data, shared by popular crypto analyst Ali Martinez, there has been a notable rise in Ethereum addresses holding 10,000 or more ETH. This shift from distribution or...

[unable to retrieve full-text content]CoinspeakerCardano’s Charles Hoskinson May Be Considering Expansion into Argentina Recently, Argentina's President Javier Milei has been openly discussing the country's interest in blockchain technology and crypto. Cardano’s Charles Hoskinson May Be Considering Expansion into Argentina

[unable to retrieve full-text content]CoinspeakerEOS Proposal to Cap Supply at 2.1B Passed by Community EOS Labs and ENF, the main stewards of the EOS Network announced a strategic collaboration with EOS Stablecoin Chain (ESCC), an Ethereum (ETH) based stablecoins solution provider. EOS Proposal to Cap Supply at 2.1B Passed by Community

Amidst market activity following the approval of Ethereum spot ETFs, top altcoin Ethena (ENA) is approaching the $1 price level. At the same time, dog-themed meme coin Shiba Inu (SHIB) experiences a strong rally to enter the top 10 crypto list. Meanwhile, investors are flocking to Algotech’s (ALGT) token presale as it showcases an impressive uptrend. Let’s explore which coin is best to buy now among ALGT, ENA, and SHIB. Algotech (ALGT) Presale Stage 3 Sells Over 30% Tokens Algotech (ALGT) is...

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...