Category: Altcoins

Ethereum – NEO Surge as DeFi Tokens Suffer

Ethereum – NEO Surge as DeFi Tokens Suffer

The overall Altcoins market sentiment remains bullish even as Bitcoin slowly reclaims its market dominance. The SCN30 Index which tracks top curated altcoins recovering from the weekly low by 9.87 points to 251.20 points. Top-performing Altcoins from last week such as Binance Coin (BNB), yearn.finance (YFI), Aave (LEND), Synthetix Network (SNX) are facing price pull-backs […]

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Exchange Tokens On The Rise; Taking a Look at BNB and HT’s Technical Analysis

Exchange Tokens On The Rise; Taking a Look at BNB and HT’s Technical Analysis

The cryptocurrency market kickstarted a new week with a positive vibe. The weekly returns of crypto assets have outshined the traditional, namely precious metals and stock indices once again. On the alternative coin side, apart from the top DeFi tokens such as yearn.finance (YFI), Binance Coin (BNB) has provided a massive 40% return during the […]

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Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’

Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’

Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that started with the reported ‘exit scam’ […]

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LINK & BCH Lose Their Spots on Ranking List; BNB & DOT Take Over!

LINK & BCH Lose Their Spots on Ranking List; BNB & DOT Take Over!

It was not too long ago when top DeFi token by market capitalization, Chainlink (LINK), overtook not only Cardano (ADA) and Bitcoin Cash (BCH) in sixth and fifth positions respectively to place fifth on the Top 100 cryptocurrency tokens list. LINK has experienced consistent growth throughout the year and remained unfazed even through last week’s […]

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Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

The so-called safe-haven assets such as gold and Bitcoin were under heavy selling pressure last night as the US Federal Reserve (Fed) announced new shifts in policies. Fed Chair Jerome Powell’s approval of a higher inflation goal and prolonged low-interest rates are two main approaches the Fed is taking in an attempt to stimulate the […]

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OMG Network Spikes to a Two-Year High – Is This Rally Sustainable?

OMG Network Spikes to a Two-Year High – Is This Rally Sustainable?

OMG Network or previously known as OmiseGo (OMG) is a Thailand-based ERC-20 token which was once very popular from its close tie to Vitalik Buterin, the co-founder of Ethereum (ETH.)  The effort of introducing a second-layer solution, Plasma, to solve ETH’s scaling problem has fueled the hype and took OMG to an all-time-high (ATH) at […]

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Tether Launches on 8th Network OMG to Reduce Ethereum Gas Fees & Congestion

Tether Launches on 8th Network OMG to Reduce Ethereum Gas Fees & Congestion

The world’s most capitalized stablecoin Tether (USDT) is now live on the OMG Network, touted as one of the first scaling alternative solutions to the Ethereum network’s layer 2 scaling challenges. USDT transfers can be carried on a network with decreased congestion and gas fees, where transactions can be processed at greater speeds without compromising […]

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