Category: Altcoins
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Analyst: these major altcoins could rocket higher as crypto markets build strength
Bitcoin’s bulls have been able to hold the benchmark cryptocurrency above the $8,000 level for the past 24-hour, signaling that they have some significant strength at the moment. This strength has spilled over into the altcoin markets, leading many cryptos to incur notable near-term gains. This momentum is elucidated while looking at the recent price…
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Dragonchain test demo hits 15,000 transactions per second
“Enterprise-first” blockchain platform Dragonchain clocked a peak performance of 15,000 transactions per second in a 24-hour performance demonstration Thursday, as reported by the company’s official Twitter account. Dragonchain said that a quarter of a billion transactions were fully processed within the 24-hour window, making for an average throughput of 2,800 transactions per second, and peaking…
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Crypto markets rally as Bitcoin flashes bullish signs; is altseason upon us?
Bitcoin’s uptrend throughout the first ten days of 2020 has allowed most major altcoins to put some distance between their current prices and their recent lows. Many of these altcoins have been underperforming BTC, although this may soon change as the aggregated crypto market begins incurring some major momentum. Analysts are now even going as…
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EOS may still rally despite low platform usage, according to this analyst
EOS, like most major altcoins, is currently caught in a short-term downtrend that has come about as a result of Bitcoin’s recent rejection at $8,400. It, however, still remains in a firm uptrend while looking at its 30-day price action, and technical analysis may suggest that it is primed for significantly further bullishness. One factor…
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Analyst: Chainlink could soon enter a massive uptrend as LINK outperforms markets
Chainlink (LINK) has been one of the best performing major cryptocurrencies of the past year, setting fresh all-time highs in 2019 while most major altcoins were still facing immense bearishness that spilled over from the 2018 market crash. LINK’s ability to post a parabolic surge in 2019 was not fleeting either, and although it did…
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HEX origin address emptied out, almost $7 million withdrawn
Around $7 million worth of ETH has been withdrawn from an address associated with the HEX cryptocurrency after weeks of speculation that it was headed towards an exit scam. The funds were transferred on Jan. 6 through 36 separate transactions, with each one withdrawing exactly 1,337 ETH, worth around $192,500. It took 36 transactions to…