Category: Altcoins

Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

It’s safe to say that Bitcoin had a spectacular few days followed by an impressive weekly close that could potentially spell further upside for the cryptocurrency. Not surprisingly, the rest of the market followed suit, and a lot of the altcoins are also in the green. Bitcoin Price Closes Strong Weekly Candle Likely propelled by […]

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Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in […]

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Coinbase Commerce Now Supports Dogecoin Payments

Coinbase Commerce Now Supports Dogecoin Payments

Coinbase now accepts commerce payments in dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies. Coinbase Commerce is a platform by the Nasdaq-listed Coinbase that “enables merchants anywhere in the world to accept cryptocurrency payments in a fully decentralized way,” its website describes. […]

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Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives

Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives

The Nigerian pop artist and celebrity, Davido, recently posted several tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token fully supported by celebrities & rappers.” In one of the tweets, Davido tells his 9.5 million followers to “buy $20, $100 or $1000 worth of rap doge tokens and be ready to make some money.” Pump […]

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Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2

Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2

Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter to include an image of the Shiba Inu dog that represents dogecoin. He also tweeted that his son is “hodling his Doge like a champ.” Meanwhile, dogecoin’s trading volumes soared 1,250% in […]

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Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the […]

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Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%

Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%

The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies. However, in recent times the original dogecoin has faltered, and over the […]

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Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token […]

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NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s […]

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Will Crypto Market Crash Again This Weekend?

The Crypto market has a tendency to see price dips during the weekends and as we approach another one, the market volatility has started to show signs of sell-off again. The crypto market cap dipped below $1.4 trillion as Bitcoin and major altcoins traded in red with a small glimpse of green. Source: Coin360 The […]

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