Altcoins


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Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got Boring

In mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.

Artist's rendition of a Bored Ape NFT. (Adam Levine/CoinDesk)

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Crypto Futures See $300M in Losses After Spot Market Drops

Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.

faucet, drip

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Altcoins: por qué los gestores de carteras deberían tener en cuenta criptomonedas alternativas en 2022

Cuanta menos correlación tengan con bitcoin – a su vez, no correlacionado con los activos tradicionales—, más fuerte será la estrategia de diversificación.

Huevos en varias canastas. (Alexandra Koch/Pixabay)

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Why Portfolio Managers Will Need to Look at Altcoins in 2022

The more uncorrelated they become with bitcoin (itself uncorrelated to traditional assets), the stronger the diversification play.

Huevos en varias canastas. (Alexandra Koch/Pixabay)

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Venture Capital Perspective on Crypto in 2022

Chen Li, CEO of Venture Capital firm Youbi Capital, provides his insights on the current and future state of the crypto market. Li discusses the potential of newer layer 1 blockchain projects like Avalanche, Polygon, and Terra, and bitcoin’s influence on the value of other altcoins. Plus, his take on the future of China’s cryptocurrency ecosystem and Jack Dorsey’s recent Twitter statements against Web 3. 

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Crypto Markets See Mixed Session as Terra Falls, NEAR Sets All-Time High

Thursday’s morning session remained muted with mixed results for altcoin traders.

Trading volumes are dropping as the year's end nears. (CoinDesk/CryptoCompare)

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Market Wrap: Bitcoin Options Lean Bearish as Some Altcoins Outperform

BTC is slightly lower over the past week compared with a 5% rise in Solana’s SOL token and a 38% rise in Avalanche’s AVAX.

brown bear (Fabe collage, Unsplash)

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Is Congressman Brad Sherman Embracing Memecoins?

Barely a day after anti-crypto Congressman Brad Sherman (D-Calif.) made ironic remarks about Mongoose Coin, a cryptocurrency that did not exist. It became a reality with a market cap of $25 million. Now, Sherman has thanked the Mongoose Community for donating to the Western Kentucky Relief Fund.

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Market Wrap: Altcoins Outperform as Ether Rises Toward $4K

Bitcoin was down about 2%, while ether was roughly flat over the past 24 hours compared with a 4% rise in SOL and a 7% rise in LUNA.

Bitcoin dominance rate declined as altcoins outperformed (Damanick Dantes/CoinDesk, TradingView)

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Could India Ban Private Cryptocurrencies?

India’s biggest crypto exchange WazirX registered an annual trading volume of over $43 billion, marking a 1,735% growth over 2020, despite lingering regulatory uncertainty and market volatility in the country.

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