Bitcoin's defense of the $38,000 level and renewed interest from institutional investors could be a sign that the bull trend is resuming.
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.
As Bitcoin price reversed course, a key trading indicator flashed bullish hours before TEL embarked on a sharp 82% rally.2359
A specialist trading platform has launched a new unit in the Americas, and it could embolden institutions to gain exposure to digital assets.194
LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level.3769
Smart contract deployment picks up the pace on Cardano’s testnets for the Alonzo, as project leadership says progress is still on track despite delays.12641
The blockchain network behind anonymity-preserving tools including a messaging app has announced that it is exploring plans to launch a private stablecoin.635
Realizing Vitalik Buterin’s $1-billion donation in Shiba Inu coins to the COVID-Crypto Relief Fund in India has turned out to be a labyrinthine process for the fund’s creator.21345
The $12.6-million initial DEX offering of play-to-earn collective Yield Guild Games sold out in just 31 seconds to just 32 participants.5647
A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place.6694
High yield opportunities and a steady resurgence in DeFi tokens helped push DinoSwap’s TVL above $330 million just one week after launch.4680
Bitcoin consolidates below $38,000 following yesterday’s rally above $40,000, while altcoins give back most of their gains.12711
Why does the DeFi sector need its very own public decentralized network? We talk to Radix CEO Piers Ridyard, whose company is building one.1483
Eleven class actions against crypto firms and their founders started with a bang and will end with a whimper — as they should.2883
An exchange that offers collateralized loans, high-interest rate savings, and more aggressive investment strategies sees crypto’s security problem as an opportunity.3381
Monero developers are working on a software fix for a newly identified bug that may expose the occurrence of an output transaction made right away after receiving funds.4681