Here’s why Siacoin, Basic Attention Token and Linear (LINA) are soaring
Exchange listings, bullish announcements and real-world use cases are driving Siacoin, Basic Attention Token and Linear price higher. This week CNBC reported that Morgan Stanley will give its millionaire clients access to Bitcoin (BTC) starting in April and this shows that traditional financial powerhouses are under pressure from their clients who are demanding exposure to cryptocurrencies. This suggests that the rate of institutional adoption may still be at a nascent stage.Crypto market data daily view. Source: Coin360Chinese tech company Meitu also announced a new purchase of $21.6....
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Linear’s launch on Binance Smart Chain adds interoperability options to the network and may draw new users looking to escape Ethereum’s high gas fees. This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs. Data from Cointelegraph Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135 with a 24-hour trading volume of $2.3 million. Since that time its price increased by 750% to an all-time high of $0.10 on Feb.12. LINA/USDT 4-hour chart. Source:....
With nearly $8 million in market capitalization, the cryptocurrency attempting to take a slice out of the enterprise cloud storage industry largely dominated by huge firms like Amazon (Amazon S3), Google (Google Cloud Storage), Microsoft (Microsoft Azure) and Dropbox (Dropbox for Business), SiaCoin, has begun to break into the mainstream. Nebulous Labs, the developers behind the project, say although SiaCoin has been flying under the radar for over a year now, it has begun to take off recently, and has been dipping in and out of the top 15 on CoinMarketCap. CoinTelegraph spoke to lead....
LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level. Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has decreased from 'extreme' to 'neutral'. Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24 hours are Linear (LINA), WazirX (WRX) and Storj (STORJ).Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProThe overall market....
LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market. Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level. The strength seen in BTC has also helped kickstart momentum in the altcoins and at the time of writing, several tokens are seeing gains in excess of 20%.Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over....
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future. While projects that operate on the Ethereum (ETH) network continue to deal with wild fluctuations in gas fees and transaction times,....