Category: Altcoins

3 reasons Stellar (XLM) saw a 166% rally within five days

The price of XLM, the native cryptocurrency of the Stellar blockchain, has been showing strong momentum. There are three reasons why XLM saw a 166% rally in the past week. The potential reasons are the consolidation of Bitcoin, technicals showing overbought conditions, and social media traction. The 4-hour price chart of XLM. Source: TradingView.com Bitcoin is…

November 28, 2020
Crypto bull run returns with 25% Cardano (ADA) rally

It seems that the crypto bull run may be returning as Bitcoin, Ethereum, and altcoins mount a strong recovery from their lows. BTC is currently in the midst of pushing $17,700 as of this article’s writing, which is a key resistance level that bulls should hope to hold. ETH is pushing past key resistances as…

November 28, 2020
Seeming oracle attack causes $100m in Ethereum DeFi liquidations

It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest. Bitcoin, Ethereum, and the rest of the crypto market spiked dramatically lower on Wednesday evening as buying pressure finally abated. The running theory is that due to it being Thanksgiving, the buying pressure that had come…

November 26, 2020
Major announcements on Cardano set to take place by the end of the year

With a week left before the official November product update, Charles Hoskinson, the CEO of IOHK, took to YouTube to share a brief glimpse of what’s been accomplished at Cardano this month. Hoskinson said that the regular update will take place at the end of November, while a bigger, end-of-the-year update will happen on Dec.…

November 24, 2020
Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first…

November 24, 2020
Cardano introduces Smash, a new open-source stake pool metadata aggregation server

IOHK, the company behind Cardano, has introduced Smash—a new metadata framework that will act as a better and more accurate source of stake pool information. Smash is a server that can aggregate, fetch, and store stake pool metadata such as owner details, pool name, and homepage. As the server code is open-source and can be…

November 24, 2020
XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the…

November 24, 2020
These 5 altcoins are beating every major cryptocurrency this week

XRP, Stellar and Cardano are some of the cryptocurrencies spearheading the rally as traders herald “altseason.”

November 24, 2020
XRP is now up 200% since the start of November, at highest price since mid-2018

XRP has ripped higher over the past few days as the coin finally begins to catch up with Bitcoin and the decentralized finance (DeFi) market. Despite the fact that the coin has not seen ostensible fundamental events, it is roaring higher, pulling no punches in its ascent to the upside. The coin is up over…

November 24, 2020
Exploring the idea of interoperability between Cardano and Litecoin

During the latest Litening Series webinar, the heads of the Litecoin Foundation explored the idea of introducing interoperability between Cardano and Litecoin. David Schwartz, the project director of the Litecoin Foundation, said that it was important to generate as much talk about this idea as possible, as having a bridge between Litecoin and Cardano wouldn’t…

November 23, 2020