The cryptocurrency market has been enjoying a substantial bullish run over the past week as the sentiment has become positive. As the price of major altcoins begins to surge, more and more investors have decided to place their faith in the world of virtual assets. Tron, the Justin Sun founded cryptocurrency had fallen below it’s […]
Altcoin News
Akon’s Crypto-Run ‘Real-Life Wakanda’ To Begin Construction In 2021
From being globally denounced by several jurisdictions across the world, to presently being endorsed by officials, celebrities, and even the average Joe, the crypto industry has come a long way. The value of cryptocurrencies has witnessed radical growth in value, which has attracted many into the industry. Popular singer, Akon is one such celebrity who […]
DeFi’s Latest Project KIMCHI Locks $500 Million Hours After Launch
The Decentralized Finance [DeFi] wing of the cryptocurrency ecosystem has been under the spotlight for some time now. Even though the pandemic quashed almost every other market, the DeFi market has been on an uphill journey. The benefits that the community sought from DeFi were beyond their expectations this further led to several venturing into the […]
Here’s Why Ethereum Could be Primed for Further Gains
At a value of $462.18, Ethereum has climbed to levels not seen since July 2018. The incredible build-up was spun by the exploding popularity of decentralized finance [DeFI] as well as by the long-planned upgrade – Ethereum 2.0. Ethereum’s rally has just begun and the following reasons indicate why the largest altcoin could see more […]
Binance Concludes 2nd Week Of $16M SXP Token Airdrop
Binance, the world’s largest cryptocurrency exchange, is well known for its consistent development for both its users and the ecosystem. The Platform has entered into several partnerships over the last year and has paved the way for new initiatives through these connections. Swipe is one such platform. Just a few months ago, Binance acquired the […]
ETC Labs Proposes Inclusion Of Law Enforcement To Prevent 51% Attacks
The crypto-verse is not new to hacks and attacks, however, the Ethereum Classic network endured an array of 51% attacks over the last month. The most recent attack took place just two days ago which initiated the reorganization of over 7,000 blocks on the network or about two days’ worth of mining. In the light […]
Chainlink, Bitcoin Cash, Bitcoin SV Technical Analysis on 1st September 2020
Despite Bitcoin‘s dormant price action, several altcoins have pushed ahead reclaiming overhead resistances. The collective cryptocurrency market cap stood at $386.7 billion while Bitcoin’s dominance declined to 56.8%. Chainlink [LINK] Chainlink [LINK] trading close to its psychological support of $18 despite a decline of 3.94% over the past 24-hours which positioned the coin’s price at […]
Ethereum, Litecoin, Tron Technical Analysis on 31st August 2020
The cryptocurrency market is, currently, in a pivotal position. After closely following Bitcoin‘s price movement, several altcoins posted significant gains breaching crucial resistance points over the week. However, bearish reversal edges closer for a few coins. Ethereum [ETH] Ethereum [ETH] has managed to resume an uptrend after surging past a crucial overhear resistance of $400. […]
Binance Futures Launches YFI/USDT Perpetual Contract as DeFi Demand Surges
DeFi (Decentralized finance) is currently one of the hottest corners of the crypto industry this year and, as a result of the boom, many project tokens have shown incredible price surges. One of the prominent tokens is Yearn. Finance ‘s native YFI, which has gained significant traction over the last few weeks. DeFi, the big […]
Ethereum Classic Suffers Yet Another 51% Attack; 7,000 Blocks Reorganized
Ethereum Classic [ETC] has suffered a 51% attack for the third time in a month following which reorganization of over 7000 blocks occurred on the network which corresponded to approximately two days of mining. A chain reorganization takes place when a party gains more hashing power than the rest of the miners in the network. […]