There’s no denying that the last couple of years have seen the altcoin sector blossom and have a major impact on the crypto market at large. In fact, a quick look at data available on Google Trends shows us that searches related to the term “Ethereum killer” have been soaring over the past 90-days, signaling a growing interest among investors in various altcoins. In this regard, a few cryptocurrencies — such as Cardano (ADA), Solana (SOL), Polkadot’s DOT and Terra (LUNA) — have made a major market push recently. SOL, in particular, has been turning a lot of heads among …

2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary of times like these because the notoriously volatile nature of the cryptocurrency market can see vast fortunes wiped out in a matter of hours or days once the trend shifts. According to Charlie Burton, veteran trader and the co-founder of Ezeetrader, this is when it is important for every trader to have a defined set of rules that they stick …

Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tends to last longer, but the trick for investors is to figure out which stories to look at when making trading decisions. Extensive research suggests that there are three types of news announcements that consistently affect crypto prices: exchange listings, staking program launches and new partnerships. While there hasn’t been a legitimate partnership announcement that resulted …

PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will only be available to PayPal customers with verified identities. PayPal announced plans to move into the British cryptocurrency market in late August, immediately proceeding with a partial rollout of crypto trading services. The move marks the first expansion of PayPal’s cryptocurrency services beyond the United States. Speaking to Cointelegraph, a PayPal spokesperson said, “PayPal …

Dan Markham, the creator of the seven-million subscriber What’s Inside YouTube channel, has traded his Tesla Roadster for a single nonfungible token (NFT). In a Sept. 15 video on his What’s Inside Family channel, Markham exchanged a blue Tesla Roadster — which he estimated could be worth “a quarter-million dollars pretty soon” — for a nonfungible token of a “positive porcupine.” The NFT was a creation of the VeeFriends project and owned by Eli Burton, the artist behind The Adventures of Starman graphic novel. I am incredibly grateful to @garyvee and the @veefriends community. I traded my vee friends NFT …

As the growing world of decentralized finance (DeFi) continues to challenge traditional finance, a cross-chain ecosystem wants to reduce the barriers to entry for the average retail investor. Synapse Network describes itself as a 360-degree solution that provides the decentralized world with an investment technology ecosystem. According to Synapse, there are a number of problems that plague the early adopters of DeFi and blockchain today. One of them is startups that lack the expertise to navigate the complexity of launching their projects in the space. Meanwhile, potential users cannot always connect directly with the project for private and public rounds. …

After scaling up to a relative high of around $53,000 just over two weeks ago, it seemed as though Bitcoin (BTC) was well on its way to reclaiming its former all-time highs. However, the series of events that unfolded over the past week has seen the world’s largest cryptocurrency by total market capitalization lose nearly 13% of its value, with a single BTC currently trading near $45,800. That said, the aforementioned volatility seems to have left Standard Chartered’s cryptocurrency research unit completely unfazed, with the analysts referring to Bitcoin’s most recent plunge as being a “false dip” while reiterating that …

Bitcoin (BTC) and the cryptocurrency market had a shakeout this week as the fake news surrounding Litecoin (LTC) caused a spike in volatility. However, the structure of the market didn’t change. In fact, Bitcoin’s price might be bottoming out as a golden cross is starting to form. Next to that, the exchange reserves are hitting record lows, which is a massive signal of strength, suggesting that most investors are taking their Bitcoin from exchanges, reducing the overall supply that can be sold on the market. Will Bitcoin break out due to the golden cross? The daily chart for BTC/USD shows …

Colombia’s government has chosen to fund a new app, board game and book to educate children and young people about investing in cryptocurrencies and the stock market. As reported by Cointelegraph Brasil, the game was proposed by Henry Jean Velásquez in response to a government appeal for innovative projects that can help foster financial literacy among young Colombians. As Velásquez has described it, the game, dubbed “B Coin: Learn to Invest in the Stock Market,” simulates the experience of retail trading as follows: “The user enters at once to invest and competes against two more players [...] and has to …

What can hodlers to maximize profits and minimize losses? All of this begins by finding cryptocurrencies that have a long-term future, and a reliable staking platform that you can trust. Locking up your tokens can eliminate some of the mental pressures that are associated with hodling — and give you a way of accruing value in the meantime. UniFarm delivers a guaranteed minimum APY across a number of tokens, and also offer automated diversification for any returns that are accrued. This gives you greater exposure to opportunities in a bull run — and when it comes to a bear market, …

A new, fully decentralized cryptocurrency exchange is designed to solve several significant issues seen with legacy platforms — delivering an innovative trading model that is neither operated nor controlled by centralized intermediaries. XSWAP has been built on top of ABEYCHAIN, and according to the ABEY Foundation, this is set to be the first of many DeFi-focused decentralized applications that will play a starring role in its ecosystem. The blockchain is positioning itself as a compelling rival to the Ethereum network, which has been beset by high transaction fees and disappointingly low speeds. XSWAP is fully compatible with ARC-20 tokens based …

Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s midweek swoon that halted many altcoin rallies. Despite Bitcoin (BTC) dropping below $43,000, FTM added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days. FTM’s monthly stats look even more impressive, with nearly 500% growth against both benchmarks. While it is par for the course for altcoins to rally when Bitcoin consolidates, FTM’s price movement is completely asymmetrical to most of its peers. Let’s investigate what’s behind the record-breaking run and whether there is …