47 / 60 Relevant items tagged with #altcoins

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Tron Reverses August Slump As TRX Open Interest Climbs

[Aug 25, 2023 3:20 AM] Tron (TRX) has orchestrated an impressive recovery, bouncing back from last week’s dip of $0.07000 and regaining losses it incurred this month.  As of the latest data from CoinGecko, the TRX price currently stands at $0.076, despite a minor…

Algorand Stuck At Bearish Price Level – Can Bulls Reverse Path?

[Aug 24, 2023 10:00 AM] Algorand native token, ALGO, has experienced a dramatic plunge in the wake of the recent crash in the cryptocurrency market. On August 19, the token’s value plummeted by a staggering 18%, hitting a low of $0.082.  While ALGO subsequently…

Bitcoin And Crypto Face Pressure: Impact Of Rising Real Yields

[Aug 24, 2023 4:45 AM] The intricate dance between Bitcoin, crypto and real yields is becoming increasingly pronounced. As the world of traditional finance grapples with the implications of shifting real yields, the BTC and crypto market is not immune to these…

Optimism Reverses From Range Low With 10% Gain – How Far Can Bulls Go?

[Aug 24, 2023 2:30 AM] Optimism (OP) is proving to be a beacon of stability amidst the tumultuous fluctuations of the cryptocurrency market, particularly Bitcoin (BTC). While Bitcoin’s price swings have left investors on edge, Optimism’s weekly rally seems…

Solana In Turbulence: Analyzing The Death Cross And What Lies Ahead

[Aug 23, 2023 7:40 AM] Solana (SOL) has found itself under the shadow of a foreboding technical pattern known as the “Death Cross.” This ominous occurrence, defined by the 50-day moving average crossing below the 200-day moving average, has historically…

AVAX Network Activity Down – Will The Planned Token Unlock Bring Back The Energy?

[Aug 23, 2023 2:50 AM] Avalanche (AVAX)  is gearing up for a significant unlock event that has sparked speculation among investors. The past month has witnessed a prevailing bearish sentiment, with volume indicators suggesting that the buying pressure might not be robust…

Altcoin Season In Limbo As Bitcoin Dominance Bounces Off Key Support

[Aug 22, 2023 5:15 AM] Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has reached a pivotal crossroads. This…

XRP About-Face Sparks Another Descent – What Lies Ahead?

[Aug 22, 2023 3:40 AM] XRP, the cryptocurrency known for its ties to Ripple, has recently faced a bout of volatility in the market. The coin’s value, currently hovering around $0.517 according to CoinGecko, experienced a 1.0% decline in the past 24 hours alone…

Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery?

[Aug 22, 2023 2:35 AM] Polygon (MATIC) has entered a phase of consolidation, hovering just above the crucial $0.50 mark. The coin’s recent retracement to June lows has garnered significant attention from bullish investors, even as the broader crypto market remains…

XRP Price At A Crossroad: Will $0.5 Support Trigger A Correction Shift?

[Aug 21, 2023 4:55 AM] XRP, the cryptocurrency associated with Ripple, faced a tumultuous ride in recent weeks as its price witnessed a significant downturn. However, an interesting turn of events has unfolded as the coin found solace at a crucial support trendline…

Shiba Inu Whale Transfers 4.6 Trillion Tokens After A 24-Hour Safekeeping

[Aug 19, 2023 9:16 AM] Shiba Inu (SHIB), a meme-inspired cryptocurrency, has seen a notable increase in high-value transactions, with each one costing $1 million or more. Following a strong price increase in the first half of August, this spike in transactions clearly…

Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets

[Aug 19, 2023 8:30 AM] In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of…

Litecoin Price Plunges To Sub-$70 Territory – What Traders Should Expect

[Aug 19, 2023 2:56 AM] Litecoin (LTC), the altcoin often dubbed as “silver to Bitcoin’s gold,” has found itself caught in the downward spiral of the cryptocurrency market, mirroring the struggles of its larger counterpart. While LTC’s association…

Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume

[Aug 18, 2023 12:00 PM] For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet…

Riding The Storm: THORChain 50% Rally Shines As Top 100 Coins Falter

[Aug 17, 2023 7:25 AM] Within the dynamic cryptocurrency environment, THORChain (RUNE) has emerged as a notable altcoin, capturing the interest of investors who are actively pursuing methods to augment the diversification of their investment portfolios. In conjunction…

Cardano Holder Resilience Tested As ADA Fends Off Bearish Onslaught

[Aug 17, 2023 4:15 AM] Cardano is currently facing a stark contrast between its promising development trajectory and the significant losses incurred by ADA holders.  Recent price analysis has revealed that the losses are nearing an astonishing 90%, sending waves of…

Hedera (HBAR) Blooms 21% – Uncloaking The Factors Behind The Rise

[Aug 15, 2023 8:01 AM] Hedera (HBAR) has stolen the limelight by becoming the highest-gaining cryptocurrency in the past 24 hours. As investors eagerly accumulate, the token’s price exhibits a roller-coaster ride of volatility. While optimism fuels the anticipation…

XRP Volume Jolt: How Did The $3 Billion Surge Impact Price Action?

[Aug 14, 2023 8:00 AM] XRP has recently witnessed a remarkable surge in trading volume, with an impressive increase of $3 billion reported by Messari. This surge reflects the cryptocurrency’s enduring appeal, adaptability to market trends, and potential to disrupt…

Cardano (ADA) Approaches The $0.3 Resistance: What Lies Ahead?

[Aug 14, 2023 3:20 AM] The journey of Cardano (ADA) toward reclaiming the $0.3 price level seems to be growing more challenging in the days ahead, as the cryptocurrency grapples with persistent bearish pressure. After successfully managing to hold the line at $0.3 during…

First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail

[Aug 13, 2023 4:17 PM] PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the decision was predictable.

Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months

[Aug 12, 2023 9:30 AM] The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in…

Polkadot Bearish Trends Set The Stage For Bullish Possibilities – Here’s Why

[Aug 12, 2023 5:40 AM] Polkadot (DOT) has managed to capture the attention of traders and investors alike. Despite a persistently bearish market structure, recent indicators point towards a potential bullish recovery on the horizon.  As of the latest data from CoinGecko…

Solana Price Sparkles With 9% Increase, But Why Do Buyers Remain Cautious?

[Aug 12, 2023 4:24 AM] Solana (SOL) has managed to shake off recent price dips, rekindling bullish optimism among investors. This resurgence comes on the heels of a determined effort by sellers to flip the altcoin’s trajectory bearish, following a price rejection…

Worldcoin Value Plummets 24% in Week Amid Increase in Unique Addresses, Strong Hold by Top Wallets 

[Aug 11, 2023 9:30 AM] In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721…

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

[Aug 11, 2023 6:26 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cardano (ADA) Tests Psychological Support – What’s The Next Move?

[Aug 11, 2023 5:05 AM] Cardano (ADA) recently made waves as it brushed against the critical $0.30 resistance level. The significance of such resistance levels in the world of cryptocurrencies cannot be underestimated, as they often mark crucial junctures in the price…

'Altcoin Season' Is Coming, Technical Analysis Suggests

[Aug 11, 2023 4:27 AM] An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Turbulent AVAX Price Trends And Fading Trading Activity – What To Expect

[Aug 11, 2023 1:19 AM] Avalanche (AVAX) has found itself ensnared within a critical price zone, grappling with a lackluster trading volume that has hindered its price action. The coin’s journey has been fraught with challenges as market sentiment takes a bearish…

Rising Star Hedera (HBAR) And Its 11% Climb – A Closer Look

[Aug 10, 2023 10:05 AM] Hedera (HBAR), currently ranked as the 31st cryptocurrency asset in terms of market capitalization, has recently witnessed a remarkable surge in its price, captivating the attention of investors and enthusiasts alike.  A surge in an asset’s…

OKB Token 15% Surge Paves The Way For Record-Breaking Highs

[Aug 10, 2023 5:05 AM] OKB, the native cryptocurrency of the OKX exchange, has made a solid comeback after a lackluster performance in the latter half of July. As August dawned, the token’s price roared back to life, sparking optimism among investors and…