Category: Altcoins

Enjin Coin Becomes the First Gaming Cryptocurrency Approved by Japanese Regulators

Enjin coin became the first gaming cryptocurrency approved in Japan after clearing out the well-known tough country regulator’s requirements. The green light is possible through a partnership with Hashport. ENJ Is Set to Be Listed in Coincheck on January 26 According to the announcement, enjin coin (ENJ) was granted legal status by the Japan Virtual…

January 21, 2021
DeFi on Cardano will enable users to earn yield on staked ADA

Once Cardano’s Goguen era is launched, users will be able to earn additional yield on their ADA without having to unstake their funds. Liqwid Finance, a DeFi solution built on Cardano, will enable users to earn governance tokens by providing liquidity to the ADA market on Liqwid—all the while their tokens remain staked on the…

January 21, 2021
Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global

Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider, ether (ETH) – the second largest digital…

January 20, 2021
83% of cryptocurrencies that peaked in 2018 are still down by 90%

Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs.

January 20, 2021
Analyst Lyn Alden Says Ethereum Is Still an ‘Unfinished Project’

A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product.” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just speculation.” Alden Prefers Bitcoin’s Modular Design From an Engineering Perspective In a blog post…

January 20, 2021
Venture investor explains why Ethereum is poised to blow past its $1,450 high

Ethereum has been moving higher after flatlining in the $1,150-1,250 range over the past week. Despite a local drop, the cryptocurrency remains up by over 12 percent in the past day and 25 percent in the past seven days, per market data from CryptoSlate. The cryptocurrency set an all-time high, well at least it did…

January 19, 2021
Wen DIGG? BadgerDAO’s Bitcoin rebasing token appears on chain

Badger DAO has been one of the most-talked-about DeFi protocols over the past few months. The yield-farming protocol kicked off with a bang at the start of December when it distributed free BADGER tokens to thousands of DeFi users. Many sold it, though others held the airdrop. Badger DAO, which was launched as a yield…

January 18, 2021
Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation

Chainlink’s LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.

January 18, 2021
Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest

The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021. Analysis by crypto-asset analyst Ceteris Paribus found that since the start of the year, like literally two weeks ago, the average DeFi large-cap has seen 75 percent gains. This includes coins such as Aave (AAVE), Compound (COMP), SushiSwap…

January 17, 2021
Polkadot Flips XRP to Become the Fourth-Ranked Crypto After Price Spikes 100% in Less Than a Week

Dot, the native token of the Polkadot network, has flipped XRP to become the fourth-ranked token after its price rallied by more than 40% in just 24 hours. Since January 11, the token has now gone up by more than 100% to set a new all-time high (ATH) of $18.06 on January 16. With its…

January 17, 2021