Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Altcoin
Altcoin Super Sushi Samurai (SSS) Plummets After Security Breach
Super Sushi Samurai (SSS), a newly launched altcoin, has suffered a significant security breach. As of the latest update, SSS’s market value has dropped to $0.000000000002239, marking a devastating 99% decrease. Likewise, its 24-hour trading volume spiraled down to $9,570.9. Altcoin Super Sushi Samurai (SSS) Exploited The breach was first detected and announced by Certik, a leading security firm specializing in blockchain technology. According to Certik, the Super Sushi Samurai token experienced a critical incident on the Blast platform. It…
1 year ago
Altcoin Season: These 3 Crypto Are Poised to Break Out as Bitcoin Soars
As the cryptocurrency market watches Bitcoin’s recent surge to $64,000, attention shifts toward altcoins poised for breakouts. Brian Kelly, CEO of hedge fund BKCM, suggests a potential rotation from Bitcoin invention to promising altcoins. The community searches for the next hot crypto trend as Bitcoin’s price surge approaches the all-time highs. Solana, Chainlink, and Polkadot to Lead the Altcoin Rally Solana (SOL) stands out as Brian Kelly’s top pick for investment rotation from Bitcoin and Ethereum. Its solid technological foundation…
1 year ago
Drivechain: The Bitcoin Upgrade to End All Altcoins?
Bitcoin, the world’s first cryptocurrency, regularly faces criticism for having ‘outdated’ tech and a tendency to evolve slowly relative to the rest of crypto. This leaves altcoin projects looking to build on Satoshi’s original invention room to differentiate and compete through added features, such as faster throughput, smart contracts, and tokenization. However, a hotly-debated Bitcoin upgrade called “Drivechain” seeks to introduce these benefits to Bitcoin by opening up its development possibilities in one fell swoop. So what is Drivechain, its…
2 years ago
Bitcoin Surges Above $40k as Altcoins Make Big Gains
Bitcoin price rises past $40,000 after weeks of downhill movement since the start of the year. The crypto market responds well to fear of incompatible monetary policies. Ethereum, Solana, and other altcoins have likewise followed the uptrend, recording significant gains. Bitcoin Breaks 40k for the First Time in Weeks Bitcoin has made a significant recovery to $40,000, going up at least 11% in the past 24 hours. Over the last six months, the asset experienced a massive price crash. For…
3 years ago
Top 10 Cryptocurrencies in January 2022
Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…
3 years ago
How to Pick the Winning Altcoin to Trade
Since 2017, Bitcoin has inspired the development of a myriad of altcoins. Thousands of Bitcoin investors saturated the market four years ago, creating a need to diversify the crypto space. In return, this led to the creation of alternative coins to BTC, including Cardano (ADA), Chainlink (LINK), and Polkadot (DOT). Although they do not share Bitcoin's fame, they have gained their share of fame over the years. Also, many have surged from just a few cents to hundreds of dollars.…
4 years ago
WMA: Bitcoin and the Altcoins Suffer Small Losses during Dull Week
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,400 trillion. Bitcoin is down by more than 5% after a mildly fluctuating week. Ethereum has decreased by over 9% over the past seven days. XRP records a 10% value loss over the week. Dogecoin, Polkadot, and Cardano have registered small value drops in the past week. The DeFi sector gained almost $1 billion…
4 years ago
WMA: Bitcoin Still Struggling while Altcoins Are on the Rise
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,375 trillion. Bitcoin calls it even with a measly 0.4% loss in value over the week. Ethereum is up by 28% after setting yet a new ATH. XRP is down by almost 7% after a rough week. Binance Coin increased by more than 5% throughout the week. The DeFi sector added more than $16billion…
4 years ago
Dogecoin (Doge) Price Dumps By 50% After Bullish Rally
After experiencing an unprecedented bullish rally in the past 24 hours, Meme coin Dogecoin has experienced a steep dip. The altcoin is currently down by about 50% in the past 24 hours of trading. 50% Price Dump Follows Bullish Rally Dogecoin (DOGE) bullish rally had caught many off guards and was largely the result of the anti-establishment sentiments. Several members of Wall Street Bets had led calls to purchase the meme coin. This was followed by an endorsement by popular…
4 years ago