DOGE's price surge is driven by increased whale accumulation, X payment platform's license approvals, and heightened interest in the derivatives market.
Altcoin News
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their progenitor with different supply schedules and privacy features. These include Litecoin (LTC) and Zcash (ZEC), among others.
Along with altcoins came a plethora of Bitcoin–altcoin trading pairs that produced a surge in market activity, with traders leveraging the volatility of these crypto assets for high-risk rewards.
The rise of altcoins and their respective blockchain networks marks an era of experimentation and maturation within the crypto industry, as a wider range of use cases of the technology have become possible.
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The price-to-sales ratio is used to assess the potential of an investment, with lower ratios signaling more attractive opportunities.
541421Shares’ Toncoin staking ETP, one of the first TON ETPs in the world, is debuting trading on the SIX Exchange under the ticker symbol TONN.
5106The DFINITY Foundation’s newly released ecosystem report revealed the community committed more than 6.5 million ICP tokens to decentralization efforts in 2023.
2568Today's Litecoin price surge comes after a significant influx of LTC supply into circulation and a rising hash rate ahead of Bitcoin's halving event.
683Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero.
11254SOL price struggles to rally above $200, but on-chain and derivatives metrics point to a healthy market.
8014DOGE's bullish fractal also gains support from expectations of interest rate cuts, the upcoming Bitcoin halving, and Elon Musk's influence.
8568Solana flipped Ethereum in weekly stablecoin transfer volume as investors chase after yield, airdrops and high returns from the memecoin frenzy.
2266Bitcoin price is back in the bulls’ control, but should traders anticipate a new all-time high?
16647Bitcoin has risen above $70,000, indicating that the bulls are back in the driver’s seat.
5004Bitcoin price hits $70,000 as GBTC outflows taper and the other spot BTC ETFs heat up again.
3152$18.5 million in Arbitrum tokens made their way into Binance after $58 million in ARB were sent to exchanges last week.
11527Crypto investors using Binance have been given 12 days to either convert, transfer or cash out their TRC-20 USDC tokens from Binance.
7019It took 203 days for Coinbase’s Base network to notch $1 billion in total value locked but only 25 days to reach $2 billion.
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