Under-The-Radar Altcoin Soars Over 260% – Here’s Why
The Loom Network (LOOM), a multichain interoperability platform geared towards scaling high-performance decentralized applications (DApps), has surprised many with a 264% rally in just a month. Adding to the excitement, the renowned crypto exchange platform, Gate.io, has recently announced its decision to list the altcoin LOOM for trading. As of the latest figures from CoinGecko, LOOM stands at a trading price of $0.145481, marking an impressive 28% rally within the past 24 hours and a 148% surge over the last seven days. Gate.io Embraces Altcoin Momentum The surge in the altcoin value....
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Welcome to the CCN Weekly altcoin news update, where we profile altcoin news stories that have flown under-the-radar. This week's issue profiles the incredible rise of the BitSharesX price, XCurrency's new plan to decentralize the internet, and the end of the initial phase of the Storj crowdsale. BitSharesX Price Soars. Vaults to #3 in Market Cap. The BitSharesX price has gone on an absolute tear over the past week. After hovering between 1,500 and 2,000 satoshis (~$.01 USD) since its release on July 21, the BitSharesX price has increased by 151.6% over the past week. The BitSharesX price....
Shiba Inu (SHIB) may have had a week of consolidation, but it’s far from being overlooked by traders. With a steady rise in futures open interest since mid-March, this cryptocurrency has been on the radar of many investors. And while its recent performance hasn’t been particularly outstanding, with a 1.7% increase in the past 24 […]
Maker (MKR) is currently making waves in the cryptocurrency market with an impressive surge in value. Over the past month, MKR has exhibited remarkable growth, experiencing a substantial 40% increase in price. Today, the crypto flexes its muscle and leads the roster of top 50 coins. One noteworthy development amidst this rally is the strategic maneuver executed by a prominent crypto whale. This entity recently deposited 3,527 MKR tokens on the Binance exchange, capitalizing on the upward trajectory of MKR’s price. This shrewd move has boosted the whale’s total MKR holdings to....
Bitcoin & the Blockchain is the first of a series of O'Reilly Radar Summits, one-day events on disruptive technologies that are on the cusp of commercial viability. This first Radar Summit will offer an overview of crypto currency, security and compliance, payments, smart contracts, and a glimpse into the future of bitcoin. The Summit will be held in the Herbst Pavilion at Fort Mason, a unique art, performance, and meeting space on San Francisco's waterfront in the Golden Gate National Recreation Area.
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an "alt season" just yet. Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an "altcoin season." A quick view of Crypto Twitter shows the schism between traders who are certain we are halfway through alt season and those who believe it has yet to begin.Typically, traders rely on a wide swath of indicators and metrics, like Bitcoin’s total market capitalization versus the total altcoin market....