Which Altcoins Made The News in H1 of 2021

Altcoins are constantly jostling to make a mark in the crypto world. After Bitcoin and Ethereum, the race to be the third cryptocurrency force keeps heating up every year. Many strong contenders with different use cases promise more than what the big two currently offer. As a result, many are making their mark in a big way, for good and not so good reasons, as long as they stand out from meme coins that ride the celebrity popularity wave and…

TA: ADA Looks Ready for a Major Run

The Cardano (ADA) blockchain has been in the minds of many crypto investors recently. This is thanks to the successful launch of its Alonzo blockchain. Now that Alonzo is live and ready to roll, Cardano's developers - Input Output Hong Kong (IOHK) and the Cardano Foundation have been making significant moves to boost its profile. These efforts are starting to yield fruit, much to the benefit of ADA investors. A Background to the Alonzo Upgrade Alonzo is central to Cardano's…

COTI to Roll Out its Djed Stablecoin on Cardano Blockchain

On the 26th of Sep 2021, COTI took to their official Twitter account to announce that they will be rolling out a stablecoin on Cardano's chain. Cardano to Host its First Stablecoin As per Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI group, Cardano will receive its first-ever stablecoin from COTI. The stablecoin goes by the name Djed. The duo relayed this message at the Cardano Summit stage in Laramie, Wyoming, on Sunday. Shahaf said that Djed has…

DOGE and ADA See Recovering Trends amid Tremendous BTC Price Run-up

Since the start of the week, the crypto market has seen some exciting price action, with yesterday's dramatic bitcoin rally catalyzing price surges across the board. Dogecoin (DOGE) and Cardano (ADA) have been the top beneficiaries of the recent bullish run that has seen the total crypto market add over $1 billion in 24 hours. The two popular altcoins have logged double-digit gains, with DOGE jumping 13% to break above $0.20. The meme coin is currently trading at $0.2023 as…

Top Cryptocurrencies Rebound From Massive Weekend Selloff

The wider crypto market endured an intense selloff this past weekend, with major digital assets such as BTC, ETH, and ADA parrying massive gains. The catalyst for the weekend slump was miners in China, who account for about 70% of the bitcoin supply, halting operations after authorities reaffirmed their commitment to crack down on the emerging sector.  Following China's renewed hostile stance on crypto mining, major exchanges such as Huobi announced that they would suspend cryptocurrency mining and some trading…

DOT Hits New Record As Polkadot Unveils Roadmap

The native token of blockchain project Polkadot is enjoying a bull run and recently hit an all-time high. This is after the project updated its roadmap earlier in the week in its quest towards adoption.  Polkadot DOT Breaks all-time High. Polkadot has gained momentum since the start of 2021, with its native token DOT increasing in value. DOT reached $31.89 in the early hours of today, a new all-time high for the coin.  The rise of altcoin has been remarkable since…

Over $5 Billion Deposited in Ethereum 2.0 Smart Contract

More than $5 billion has been staked in the Ethereum 2.0 smart deposit contract. This surge in deposits makes Ethereum 2.0 the third-largest staking network.  Ethereum 2.0 continues to attract Stakers Ethereum 2.0 smart deposit contract has continued to receive deposits despite hitting the minimum mark to launch. According to data from the launchpad dashboard, the amount of ETH currently staked is 3 million ETH. This represents about 2.8% of the total supply and is valued at $5.2 billion.  This…

Cardano’s (ADA) Market Cap Exceeds Ripple’s XRP For The First Time

Cardano (ADA) has experienced an extended bull run in recent months, which has led the altcoin to new milestones. The market capitalization of ADA has exceeded Ripple (XRP) for the first time and is ranked 4th on the coin rankings.  Cardano (ADA) Overtakes Ripple (XRP) Cardano (ADA) surpassed the market cap of XRP in the late hours of February 7, 2021. This was after a week in which the altcoin made significant gains in the market. ADA had enjoyed a…

Cardano is Including Backfilling and Documentation in its Developmental Efforts

People continue to debate mass adoption of cryptocurrencies. A few days ago, Weiss Crypto Ratings noted that Cardano is still among the leading coins when it comes to technology and adoption. This is expected because Cardano has attained several milestones within its domain in the first quarter and people expect more in the coming months. Part of the expectation is the most-awaited Shelley-migration. IOHK CEO and Co-founder, Charles Hoskinson featured in a livestream, noting that part of the efforts of Cardano team is complete…

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