Altcoins

[unable to retrieve full-text content]CoinspeakerRenzo (REZ) Addresses Community Backlash with Airdrop Adjustment and Token Stabilization Efforts The changes were necessitated by the depegging incident involving Renzo's liquid restaking token ezETH, which temporarily deviated from the price of Ether. Renzo (REZ) Addresses Community Backlash with Airdrop Adjustment and Token Stabilization Efforts

[unable to retrieve full-text content]CoinspeakerCoinGecko 2024 Q1 Crypto Industry Report, Polkadot Spotlighted With Polkadot 2.0 in view of the introduction of the JAM Protocol in the past week set to replace the Relay Chain, more innovative protocols are expected to be built on the blockchain. CoinGecko 2024 Q1 Crypto Industry Report, Polkadot Spotlighted

[unable to retrieve full-text content]CoinspeakerKPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021. KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto

EOS price is eyeing a fresh increase from the $0.660 support against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.800 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.960 and $1.00 resistance levels. EOS price is recovering above $0.80 against the US Dollar, like Bitcoin. The price...

Litecoin is holding gains above the $82.00 support against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels. Litecoin price is holding gains above $82 against the US Dollar, like Bitcoin. LTC price...

[unable to retrieve full-text content]CoinspeakerFigment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services Figment's growth is not limited to staking volume alone; the company is also extending its reach by strengthening its presence in the European continent Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services

Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. Venezuela’s PDVSA Turns to Tether Amid Sanctions According to a Reuters report, Venezuela’s state-run oil company, PDVSA, transitioned to using Tether’s USDT after facing...

[unable to retrieve full-text content]CoinspeakerStablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M Despite their dominance in active address counts, TRON and BSC pale in comparison to Ethereum and Solana in terms of transfer volumes. Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M

[unable to retrieve full-text content]CoinspeakerNigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts The situation be­came confusion when the ce­ntral bank of Nigeria initially refuted the re­port on X, only to remove the de­nial. Later, they asse­rted that the allegations we­re indeed false, leading to uncertainty regarding the­ true circumstances. Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto...

It’s been a hectic year for the crypto market, and so far, 2024 has been better than last year. March was particularly a great month for Bitcoin and many altcoins. Bitcoin’s price uptrend took it to a new peak, with the coin taking the entire market along on a bullish ride. However, April could have been better. Bitcoin dropped the ball, and as usual, other altcoins followed suit. However, with the widely anticipated Bitcoin halving now over, altcoins are bracing...