Polkadot (DOT) futures at Binance flash-crashed by 99.5%, potentially generating an $8.3 million profit for the 'trader’ if they used this clever strategy.
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.
Nonfungible tokens are all the rage right now, but how long will the fanfare last?3905
Selling pressure from global equities markets continues to weigh on Bitcoin price as traders endeavor to flip the $50,000 level back to support.4559
A sharp spike in the 10-year U.S. Treasury yield and an extended Big Tech sell-off is weighing on cryptocurrency prices as investors flee risk-on assets.16660
The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said.7318
Blockchain infrastructure service platform Bison Trails has launched support for running full nodes and staking on Cosmos.10544
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs.30914
A co-founder of the fraudulent 2017 ICO Centra Tech has been sentenced to eight years in prison for his role in the scheme.18062
Axie Infinity price rallied 125% to a new all-time high as investor interest in blockchain gaming, digital land and NFT collectibles increases.13895
Polkadot raced past Litecoin to become the fourth largest futures market as its open interest reached $573 million this week.17465
The growing popularity of NFTs and the improving infrastructure supporting the nascent market has resulted in triple-digit rallies from Chiliz, Flow and Basic Attention Token.15844
The $200 million will be used to invest in seed and Series A funding rounds for promising cryptocurrency startups.5247
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees.32450
Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners.23465
Bitcoin bulls are looking to eliminate a key overhead resistance level in order to create a path to $55,000.23460