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Search Results for: altcoin

Polygon (MATIC) Shows Promising Signs as Bitcoin’s Surge Reignites Hope

The cryptocurrency market is experiencing a resurgence, as Bitcoin has surged past the $66,000 mark in the last 24 hours. This impressive rally has propelled the total crypto market capitalization by approximately 6 percent, reaching a staggering $2.51 trillion on Thursday. Consequently, the sudden upswing has resulted in over $113

May 16, 2024 2 mins read

South Korean Officials Face Trial For Bribery in Crypto Fraud Case

Two police officers in South Korea are facing trial over an alleged bribery case involving a high-profile crypto fraud case. It involves an alleged crypto fraudster surnamed Tak.  Tak was accused of orchestrating an art-themed altcoin scam and for running a fake Ethereum and NFT-related project convincing people to invest

May 16, 2024 2 mins read

Chainlink (LINK) Price Faces Bearish Pressure Amid Market Volatility

The cryptocurrency market has been experiencing heightened price volatility, and Chainlink (LINK) has not been immune to the immense bearish pressure. Within the past day, the LINK price has recorded a 4.56% correction, with a trading volume of $282.500, which represents a 4.78% increase during this period. Furthermore, the Chainlink

May 15, 2024 1 min read

Prominent Analyst Predicts 50X Jump for Dogecoin (DOGE) Competitor Trading Below $0.01

New competitors often surface in the cryptocurrency space, all fighting for a piece of the market share. Alternative currencies, or altcoins, frequently draw investors’ interest with their cutting-edge features and promise for exponential development, even if Bitcoin and Ethereum still rule the market. As a rival to the well-known Dogecoin

May 15, 2024 4 mins read

Michael Novogratz Predicts Flat Price Movement for Leading Cryptos

Michael Novogratz, CEO of Galaxy Digital, has expressed pessimism about the short-term future of Solana, Ethereum, and Bitcoin. While adoption from more conventional investors increases, Novogratz predicted that Bitcoin’s price would stay relatively flat this quarter on a May 14 conference call. Following last week’s corrections that saw Bitcoin’s price

May 15, 2024 2 mins read

Solana (SOL) Price at a Crucial Juncture: Bulls and Bears Prepare for a Decisive Battle

The cryptocurrency market is experiencing rapid changes in dynamics, with Bitcoin’s dominance on the rise, potentially overshadowing altcoins and limiting their value appreciation. However, Solana (SOL) is exhibiting unique price behavior as it approaches a critical point in its consolidation phase. The upcoming days will be pivotal for the SOL

May 14, 2024 2 mins read

Solana: Will SOL Sustain Its Reversal Momentum and Reach $500 in 2024?

Analysts expect altcoins like Solana (SOL) to follow suit as the cryptocurrency market begins to show signs of a comeback, with Bitcoin leading the charge. Despite the recent slowdown, Solana’s price trend has maintained a strong support trendline, indicating robust underlying demand. The recent bounce from the support trendline has

May 13, 2024 2 mins read