Tag: Altcoins

Major cryptocurrencies rose on Monday, hitting their highest levels in three weeks, while the global cryptocurrency market cap crossed the $3 trillion mark, according to CoinGecko. Cryptocurrencies are gaining confidence as mainstream investors are increasingly adopting crypto assets, pushing the global cryptocurrency market to more than $3 trillion, said CoinGecko, which tracks prices of more…

Little-known cryptocurrency Mana surged by 400% over the weekend after Facebook announced changing its name to Meta. Mana is the native token of Decentraland, a self-proclaimed metaverse crypto platform where users can buy and sell virtual assets. Crypto investors believe Facebook’s rebrand is a sign of the growing interest in the metaverse trend. Decentralnad (MANA)…

Ether (ETH), the cryptocurrency minted on the Ethereum blockchain, is the second biggest cryptocurrency in market cap, behind Bitcoin. It reached an all-time high on Thursday night, touching $4,400 for the first time. Meanwhile, the current meme-coin craze is also contributing to ETH’s value proposition, with Shiba Inu (SHIB) now consuming more gas than even…

Investors poured a record $1.5 billion into the cryptocurrency market last week, as the first-ever Bitcoin ETF kicked off trading, with the underlying asset itself hitting an all-time high, digital asset manager CoinShares’ report said on Monday. The 10th straight week of inflows was also the largest ever, far surpassing the prior weekly record of…

Investors unnerved by the financial strains of a Chinese real estate firm sent cryptocurrencies reeling on Monday, with Bitcoin and other coins tumbling by more than 10%. Although the ultra-scarce cryptocurrency is claimed to be a hedge against catastrophic economic events, there is no telling how the volatile asset could react when it does finally…

Ethereum has some competition. What you need to know about the skyrocketing cryptocurrency writes Stan Schroeder on Mashable. Solana, a cryptocurrency that launched to relatively little fanfare in April 2020, has recently been on a tear. Its price rose from roughly $1.50 in January 2021 to more than $208 at writing time, making it the…