Category: Altcoins

Analyst: here’s how far Bitcoin’s dominance needs to drop before altcoins can rally

Bitcoin’s recent uptrend has come about largely at the expense of smaller digital assets, as many altcoins have posted a severe underperformance of BTC as investors grow increasingly keen on finding assets that can perform well given the current global economic situation. Some major cryptocurrencies are even trading at price levels not seen since 2014…

May 16, 2020
Altcoins like Ethereum may soon benefit from institutions rushing to buy Bitcoin

As evidenced by various interviews, Twitter comments, and data sets, institutions have finally started to enter the cryptocurrency market en-masse. Wall Street’s focus thus far has been Bitcoin. But an analyst expects institutional players to expand their horizons to include top altcoins in the future, citing data from exchange Coinbase regarding the behavior of investors.…

May 15, 2020
Here’s why the next two weeks are pivotal for the Cardano Shelley pioneer testnet

Launched earlier this week, the Cardano’s pioneer Shelley testnet gathered a select group of pool operators that have been testing the Cardano network. According to Charles Hoskinson, the CEO of IOHK, the testnet has so far been tremendously successful, providing important insights to IOHK. However, the next two weeks will be pivotal for its development,…

May 15, 2020
Pledging is set to keep Cardano (ADA) safe and decentralised; here’s how it works

With Shelley mainnet closer than ever, IOHK’s education director explained how the network will stay protected while maintaining high efficiency—pledging. Pledging is set to provide a mechanism that encourages a healthy commercial ecosystem on Cardano, as it would request the highest pledge possible from stake pool operators while keeping smaller stake pools competitive. Why pledging…

May 14, 2020
21 committee members to control Neo’s governance in version 3

As Neo is anticipating the launch of its newest iteration—Neo3—its founder and CEO Da Hongfei explained what the latest upgrade will bring to the ecosystem. The biggest change to Neo, aside from integrating various tokenization services, will come in the form of a new governance system, where 21 committee members will be voted in by…

May 12, 2020
Will fundamental strength stop Chainlink from breaking key macro growth curve?

Chainlink’s immense bullishness throughout 2019 and 2020 has coincided with the emergence of a prominent growth curve that has been guiding it higher. The reactions LINK posts to tests of this curve have been quite significant in the past, with it acting as a catalyst for some of its largest parabolic swings. It does appear…

May 11, 2020
Charles Hoskinson : Cardano’s Pioneers will start testing Shelley Stakepool today

With the Shelley node running, the launch of Cardano’s proof-of-stake era has never been closer. The misinformed critics have been citing fictitious delays, however, Cardano is set to launch Pioneer’s program today in which limited pool operators will start testing Shelley. Cardano critics turn a blind eye to development progress While it’s been around for…

May 11, 2020
Cardano founder Charles Hoskinson’s latest passion project is reviving a 90s RPG Game

[youtube https://www.youtube.com/watch?v=68onQ1Etff4&w=560&h=349] Charles Hoskinson, the founder of Cardano (ADA) and the CEO of IOHK, is in the process of acquiring the 1992 RPG game Legends of Valour, which he intends to rewrite and remaster in the following years. While he said it was his own passion project, and not affiliated with IOHK, Hoskinson will be…

May 8, 2020
Chainlink may be on the cusp of a big movement as volatility levels plummet

Chainlink’s immensely bullish market structure formed throughout 2019 allowed it to set fresh all-time highs just a couple months ago, but this strength was not enough to make it immune from seeing intense losses during the market-wide meltdown in mid-March. After reeling from all-time highs of just under $5.00 to lows of $1.50, LINK has…

May 7, 2020
Bitcoin’s boom against altcoins proves the rally to $9,000 is legitimate

Bitcoin and cryptocurrencies have experienced a massive surge over the past 10 days. After trading in the $7,000s for weeks on end, BTC finally saw a breakout to $9,500 just last week, since settling into a consolidation pattern a few percentage points shy of the high. Some have been skeptical about if the positive trends…

May 7, 2020