Bitcoin’s recovery may trigger buying in these 4 altcoins

While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise. The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment.A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate Bitcoin to start a recovery but

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 […]

5 cryptocurrencies with the best upside potential in the week ahead

Bitcoin and Ethereum’s ETH are finding buyers at lower levels, which may be a bullish sign for XMR, OKB and RPL. Bitcoin’s (BTC) volatility has shrunk further this week, and it is on track to form an inside-bar pattern on the weekly chart. Although the bulls are finding it difficult to clear the overhead hurdle in the $30,000 to $31,000 zone, a positive sign is that they have not ceded ground to the bears.It is not only cryptocurrencies; even the S&P 500 Index has been oscill

Investor loses $3.8m worth of tokens in phishing attack

Lookonchain just flagged a phishing attack against a crypto investor, where the victim lost about $3.8 million worth of Rocket Pool tokens.