Category: Altcoins
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Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10
While Bitcoin and Ethereum have stagnated at local highs, Chainlink (LINK) has been pressing higher and higher over recent days. This comes after the popular altcoin underwent a 22 percent retracement from the middle of July to early August. Per CryptoSlate market data, the asset trades at $10.61 as of this article’s writing. LINK peaked…
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Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S. crypto asset activity with 72% of all the transaction volume. The blockchain…
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North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash.
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The “Coinbase effect” is back – Here are the crypto tokens to watch
In 2017, Coinbase’s influence over the crypto market was tremendous, with the exchange originally only offering access to select few crypto assets. As such, whenever they would list a new token, its price would provide investors with unprecedented returns. This was dubbed the “Coinbase effect,” although this phenomenon faded throughout late-2018 and 2019 when the…
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Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2
Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said programmatic sales – third party trading which was stopped late…