Category: Altcoin Watch

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Which altcoins will survive the SEC crackdown? Bitcoin OG explains

Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown. Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and educator Dan Held.  Last week, the…
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Can Bitcoin reach $25K again in March 2023? Watch Market Talks live

Join us as we discuss what March 2023 holds in store for Bitcoin. Will it touch $25,000 again or will it break past and flip it to support? In this week’s episode of Market Talks, Cointelegraph welcomes Adrian Zduńczyk, or as he is known on Twitter, CryptoBirb. He is the founder and CEO of The Birb…
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A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors. After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try…
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DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive

It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market. At the moment, liquidity is hard to come by, but crypto traders and protocols still need inflow and revenue to remain functional. As the crypto winter…
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3 reasons why Polygon (MATIC) is up 100%+ during a bear market

Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains. Unlike bull markets where traders can basically throw a dart at a list of coins to pick one that will go up, bear markets require much more effort to find projects that could perform…
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Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch

CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace. Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors. One crypto that managed to flash green on June…
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Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion

LDO price books a 45%+ monthly gain as the Ethereum network moves closer to completing its proof-of-stake upgrade. The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to proof-of-stake (PoS).  One protocol…
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P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons

AXS could recapture its former glory if market participants view the launch of land staking, increasing activity on the Ronin bridge and upcoming roadmap targets as bullish catalysts. Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game…
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Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed…
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Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze

CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders. On June 14, discussions of Celsius continued to populate media headlines and June 14’s news involved the platform’s CEL token accruing massive gains after what appears to have been either an…
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