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Altcoin

An altcoin, or alternative coin, is pretty self-explanatory. An altcoin is every cryptocurrency alternative to Bitcoin – the first one. Altcoins may differ from Bitcoin in every possible way, such as mining mechanisms, coin-distribution methods or the ability to create decentralized applications.
Although Bitcoin is innovative and massively influential, it has some problems that developers are trying to fix with their own products. There is an altcoin that makes faster transactions, there is an altcoin that is less volatile, there is an altcoin that is more private and so on. There are more than one and a half thousand altcoins on the market at the day this text is written, according to coinmarketcap.com. Altcoins are playing a very important role by expanding boundaries of blockchain possibilities and the scope of applications.

XRP Price Analysis: 25th April

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April has been an interesting month for the crypto industry as a rapid market rally was followed by a significant correction over the past...

Binance Coin Price Analysis: 25 April

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Binance Coin has seen its price action trend mostly sideways in the past week despite the correction the altcoin market underwent. The past 7-days...

Chainlink Price Analysis: 25 April

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Chainlink has been moving at a rapid pace in the crypto space as an increasing number of projects adopt its oracles. Even though its...

Dogecoin, Tron, Aave Price Analysis: 25 April

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After witnessing a strong surge in value, most altcoins have been breaching support levels. While DOGE was looking at a downtrend, bears had already...

Uniswap Price Analysis: 25 April

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The bearish pressure in the market continues to dominate the altcoin market. While there were signs of a trend reversal in the past 24-hours,...

It is interesting to note a fundamental change in the way Chainlink’s market is...

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Akin to many in the altcoin market, Chainlink too witnessed a substantial price correction in the past week, after having shed over 27 percent...

Binance Coin, FTX, Huobi have all burned tokens; Does it make a difference?

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The token burning mechanism in the cryptocurrency space is not a new invention, but it’s been in the news only recently. In fact, it...

What traders need to know about the evolving Ethereum-Bitcoin relationship

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Ethereum’s price action over the last 72 hours or so has been very topsy-turvy. While the aforementioned period saw ETH recover all its losses...

What you need to know about Ethereum’s chances of hitting $2600 again

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Despite the bloodbath in the wider altcoin market, Ethereum HODLers are persevering through the price drop. In fact, at the time of writing, the...

Binance Coin, Compound, Klaytn Price Analysis: 24 April

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The cryptocurrency market was noting a period of consolidation after a massive fall on the charts, at press time. Altcoins like Binance Coin ,...
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