Mid-Cap Altcoins Crushed Bitcoin And Ethereum In August
Data shows mid-cap altcoins have crushed Bitcoin and Ethereum in the month of August as their returns reach almost 60%. Mid-Cap Altcoin Index Ahead of Bitcoin And Ethereum As per the latest report from Arcane Research, the cryptocurrency market has seen a great month overall as indexes retain most of their gains till the monthly close. The great month is despite the boring last week where many coins have produced flat numbers. Bitcoin, however, has been fairly quiet in the month, and altcoins have surely taken advantage of the fact. Here is a table that shows the weekly percentage change....
Related News
Coinbase Global (COIN) going public on the Nasdaq has been nothing but negative for the crypto industry. It led to the peak in Bitcoin, carnage in altcoins, and even COIN itself got crushed in the days following the debut. But now COIN is beginning to bounce, breaking out from the only downtrend resistance it has […]
Ethereum and top altcoins have undergone strong retracements from their summer highs. Even still, investors remain bullish as they look out into the long run. Santiment reports that whales have been investing heavily in Ethereum and some ETH-based altcoins. These are REN, Chainlink, Aelf (ELF), Kyber Network (KNC), and 0x (ZRX). Some Ethereum Coins Are Being Accumulated By Whales Ethereum and top altcoins have undergone strong retracements from their summer highs. ETH, for instance, dropped […]
While Bitcoin has been the center of attention for the past two weeks, Ethereum has started to garner traction again. CNN recently covered altcoins in an article published in its Business column, highlighting trends in non-BTC cryptocurrencies. This cements the fact that altcoins are once again starting to enter the minds of investors following the […]
Ethereum and the aggregated cryptocurrency market have been consolidating for the past few days, with Bitcoin’s recent swing past $16,000 helping to provide a base of support for ETH and other altcoins. The crypto market’s ongoing uptrend is driven almost entirely by Bitcoin, but ETH and most other major altcoins are still woefully underperforming the […]
Since its debut on August 4, 2021, the Ethereum Improvement Protocol (EIP) 1559 has been an integral feature of the London Hard Fork. The major goal of this upgrade is to stabilize the excessive gas fees that are caused by scalability issues with Ethereum’s proof-of-work (POW) network. Ethereum Burn For Price Stabilization This was considered […]