Retail investors are buying into Bitcoin, says CryptoQuant CEO.
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.
Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices.21576
Bitcoin and Ether see a strong bullish sentiment, but confidence in DeFi starts to shake.19319
Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with Dai’s supply growing by more than 600% and USDC expanding 200%.4998
A project that started out in the Ethereum ecosystem may soon be a worthy adversary for the network.4145
Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments.21101
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains.37095
The Tron Foundation has taken the decision to provide an “internal transfer” option for TRX holders affected by the OKEx withdrawal freeze.5021
Overzealous investors have once again realized losses after rushing to trade the native token of Andre Cronje’s latest DeFi experiment.6028
Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold.10678
Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.29779
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000.19730
The recent weakness in the dollar is giving Bitcoin some momentum to possibly test multi-year highs.16939
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market?9500
Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend.19117